B2B Bank and Assumption Mutual Life Insurance Co. (Assumption Life) have signed agreements for the distribution of investment and RRSP loans.
Under the terms of these agreements, Montreal-based B2B Bank will offer preferred rates on investment and RRSP loans to Canadian investors who purchase eligible Assumption Life segregated funds through licensed financial advisors and insurance agents.
“Being able to provide financial stability to our clientele is, and always has been, the driving factor for our company. It was important to partner with a lender that understands and delivers smart banking solutions,” says Paul LeBlanc, VP administration – individual insurance and financial services at Assumption Life.
For B2B Bank and Moncton, N.B.-based Assumption Life, these programs represent an additional tool for advisors and agents to use when helping clients reach their financial goals.
B2B Bank is a wholly owned subsidiary of Laurentian Bank of Canada.