AGF Trust is offering Canadian investors a variety of loan features this RRSP season to help them maximize their retirement savings and take advantage of potential tax savings.

If borrowing to invest inside an RRSP, investors can benefit from rates starting at Prime – 1%, guaranteed approvals up to $2,500, payment deferrals up to 180 days, and no maximum on loan amounts so that they can make the most of their available contribution room.

“The incredible growth of our RSP and Investment Loan business demonstrates the growing appetite for leveraged investing in Canada,” said John Bennett, executive vp at AGF Trust. “Our RSP and Investment Loan products offer lending solutions that are suitable for a range of investors, whether it is conservative first-timer borrowers looking to jumpstart their savings, or high-net worth individuals, looking to maximize potential tax savings. The first step is for investors to speak to an independent advisor who can help them determine what strategy is best suited for their unique financial situation.”

Boosting retirement savings with loans is on the upswing. AGF Trust RSP loan volumes grew 34% in the 2005/2006 RRSP season over the 2004/2005 season. The AGF Trust RSP Loan program offers a variety of loan types to suit all investors, whether they are looking to make their current year or maximum-allowable RSP contributions, re-advance loans to increase an existing AGF Trust RSP loan or refinance loans that consolidate RSP loans from other financial institutions.