Carrying dealer MRS and actuarial firm Gordon B. Lang and Associates Inc. have teamed up to make it easier for advisors to offer Individual Pension Plans (IPPs) to their business owner clients.

The Total IPP product offers a one-stop shop for advisors looking for ways to get their clients into an IPP without burdensome administration and at cost-effective rates.

“We are providing a seamless integrated approach to individual pension plans that will save advisors and their clients’ time and money,” said Andrew Dalglish, CEO, MRS. “The high quality and service-oriented approach of the Total IPP product helps cut out the red tape, allowing advisors more time to focus on their clients.”

IPPs are a type of registered Defined Benefit Pension Plan that offers more tax shelter room than a traditional RRSP. Along with pre-planned retirement income, it allows for diversification of capital and creditor protection.

IPPs are best suited to self-employed individuals who have incorporated a company or professionals that are employed by a corporate entity and who earn an income of at least $100,000 per year, MRS says. A consultation with a qualified advisor will determine whether Total IPP is appropriate.

With GBL and Associates substantial experience, advisors can be assured that each Total IPP account is quality controlled to be fully compliant with legal, financial, pension and CRA standards, MRS says. GBL and Associates manages over 1,000 IPPs across the country.

“The Total IPP offered through MRS is truly an integrated solution for advisors,” says Trevor Parry of GBL & Associates. “In addition, this new product offering will assist advisors in attracting high-net worth clients.”

This product is exclusively offered to advisors who use the MRS platform of investment services.

MRS and GBL are hosting an eConference for advisors on Thursday, April 23 at 11:30 ET to highlight the Total IPP program. To register for this event, visit www.mrs.com/eConferences.

Gordon B. Lang & Associates Inc.: is a full-service actuarial and consulting firm specializing in providing small and medium-sized corporations with benefits that respond to the needs of their employees. They manage over 1,000 IPPs across the country.

MRS is a subsidiary of Mackenzie Investments, a member of the IGM Financial Inc. group of companies.

IE