Are you ready for the RRSP campaign? In the coming days the preapproved RRSP loan offers will be in your solicited clients’ hands!
To accept their offer, all they have to do is:
- Select the desired loan amount and repayment term
- Sign the request form in the two specified places
- Return the form in the postage-paid envelope
Your clients can benefit from a 0.50% interest rate discount if returned by February 12, 2021.
Now’s the perfect time to contact your clients and follow up on their investments!
Obtaining information about solicited clients and their offers
Go to the Obtain your clients’ investment information section in the Advisor Centre now, to download:
- A list of your solicited clients
- Copies of the offers sent to your solicited clients
Did your client lose their offer? No problem! Download and send them their personalized copy in order to expedite the application process.
Amount options
Depending on the maximum amount preapproved for the client, they will have one or more loan amount options.
When to use the RRSP loan application form (F16A)
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 wishes:
- 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.
NEW | 120-day option now more accessible than ever!
Good news! For all of our RRSP loans, we have abolished the minimum investment requirement of $500 needed to access the 120-day option. This is great news particularly for new RRSP loan clients, who can now benefit from the flexibility of delaying their first loan repayments by up to 120 days without having to make an additional deposit.
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
