AGF Trust Co. and Canadian Western Trust Co. (CWT) are partnering to offer investment advisors AGF Trust’s RSP loan program through a CWT Self-directed RSP account.

AGF Trust is expanding its offering to include CWT’s Self-directed RSP account, while CWT is expanding its line-up to offer AGF Trust’s popular RSP loan program and RSP match no-margin loan.

“This is an ideal partnership between two advisor-focused, customer- centric organizations that delivers maximum flexibility to customers of both AGF and CWT,” said Mario Causarano, president and COO of AGF Trust. “The AGF Trust RSP loan program has grown dramatically to become the industry leader for advisors. Now with the added convenience of a Self- directed RSP, advisors can spend less time on administration and more time with their clients.”

“Providing financial advisors with enhanced products and services is a priority for both AGF and CWT,”. “With the RSP season just around the corner,

“This new partnership provides independent advisors across Canada with a convenient approach to investment lending through an automated Web-enabled service,” said Adrian Baker, VP and general manager of CWT.

Designed to reduce administration for advisors, AGF Trust’s RSP loan program offers online applications with instant online approvals to help investors contribute more money to their RRSPs. Investors can use the loan proceeds to invest in AGF mutual funds and GICs, or in mutual funds with some of Canada’s leading investment companies. The loan requires income verification only on loans in excess of $13,500. Advisors can apply on behalf of their clients through AGF’s online application system at AGFadvisor.com.

CWT specializes in providing self-directed retirement custody and administration to independent financial advisors and their clients.