AGF Trust today kicked off its annual retirement savings plan (RSP) campaign by offering financial advisors the flexibility to pre-arrange RSP loans for their clients to invest in a wide variety of mutual funds and GICs.
“AGF Trust RSP loans provide Canadians and their financial advisors with the ability to take care of retirement planning early and proactively,” says Mario Causarano, president and chief operating officer. “Canadians can put a plan in place to maximize their investment portfolio’s growth potential and complete their RSP planning before the last-minute rush by working with their financial advisor or insurance representative.”
“More financial advisors are using AGF Trust as their lender of choice because we are a one-stop financial source offering innovative financial products and solutions that meet their clients’ needs,” explains John Bennett, executive vp, financial products and services at AGF Trust.
AGF Trust offers loans for current-year or maximum-allowable RSP contributions, re-advance loans to increase or refinance an existing AGF Trust RSP loan, and transfer loans that consolidate RSP loans from other financial institutions.
AGF Trust’s line-up of RSP loan solutions offer:
- flexible term and payment options;
- payment deferral up to 180 days after funding;
- ability to combine AGF RESP loans with AGF Trust loans;
- ability to purchase a wide variety of investment types (not limited to AGF funds);
- loan rates as low as Prime minus 1%;
- guaranteed loan approval for at least $2,500 for all applicants; and
- no income verification required for loans under $50,000.
With approximately $4 billion in total assets, AGF Trust serves over 13,000 financial advisors, insurance agents and mortgage brokers. AGF Trust is a subsidiary of AGF Management Ltd.