B2B Trust has signed agreements with Industrial Alliance Insurance and Financial Services Inc. and its subsidiary Industrial Alliance Pacific Insurance and Financial Services Inc. for the distribution of segregated fund investment loans.
Under the terms of the new agreements, B2B Trust will offer its investment loan program to Canadian investors for the purpose of investing in IA’s and IA Pacific’s segregated funds offered through licensed financial advisors and insurance agents.
B2B Trust supplies investment and RRSP loan programs to advisors and agents across the mutual fund and insurance sectors, as well as through dealers and managing general agencies.
Its segregated fund investment loans are offered exclusively through distribution alliances with leading insurance companies across Canada.
“With the insurance industry being one of the fastest-growing fields in Canada, B2B Trust is pleased to add Industrial Alliance and Industrial Alliance Pacific to its list of distribution alliances,” says Al Spadaro, vice president, business development at B2B Trust.
“Through these new programs, B2B Trust is able to provide greater options and flexibility to managing general agencies and insurance agents with products tailored to the insurance industry, such as loans for investment in segregated funds,” he addes.
“In order to maximize investment possibilities for our clients and business partners, Industrial Alliance and Industrial Alliance Pacific have added the B2B Trust Investment Loan Program to our internal investment loan program,” says Jacques Potvin, vice president of marketing, individual insurance and annuities at Industrial Alliance.
“The expertise and flexible loan solutions that B2B Trust provides make them a great fit for us,” Potvin says.
B2B Trust is subsidiary of Laurentian Bank of Canada.
B2B Trust adds Industrial Alliance to investment loan distribution network
Seg fund investment loans offered through advisors and insurance agents
- By: IE Staff
- March 23, 2010 March 23, 2010
- 11:12