iA Financial Group is back with its preapproved RRSP loan offer, to help eligible clients maximize their RRSP contributions and reach their savings goals even sooner!
The 0.50% RRSP loan interest rate discount is in effect from November 9, 2020, to February 12, 2021.
During the week of January 11, 2021, all offers will be mailed to your clients, who can accept them by doing the following:
- Selecting the desired loan amount and repayment term
- Signing the request form in the two specified places
- Returning the form in the postage-paid envelope
It’s a great opportunity for you to get in touch with your clients and follow up on their investments!
Obtaining information about solicited clients and their offers
- List of solicited clients
Starting on December 9, 2020, go to the Obtain your clients’ investment information section in the Advisor Centre to see the list of your solicited clients.
- Preapproved RRSP loan offers
Starting the week of January 11, 2021, you will be able to download the offers in the same place in the Advisor Centre. NEW for this year: download the offers of your solicited clients individually or all at the same time!
Did your client loose their offer? No problem! Send them their personalized copy in order to expedite the application process.
Amount options
Depending on the maximum amount preapproved for the client, he or she will have one or more loan amount options.
When to use the RRSP loan application form (F16A)
Like last year, accepting the preapproved RRSP loan offer will create a separate RRSP loan contract by default. You must therefore complete the RRSP loan application form (F16A) if your client wants:
- To obtain an amount other than those available with the offer
- To consolidate the new amount with the balance of the existing loan
- To delay the start of payments by 120 days
Please note that it is not necessary to complete the “Financial information” section (part 2 of the application form) if the amount applied for does not exceed the limit shown in the table below.
Important dates
Additional information
For more information, please call or email the Client and Partner Contact Centre at 1-844-4iA-INFO or savings@ia.ca
