IBABC Group RSP

Members of the IBABC Employee Benefits Program also are eligible to take part in the IBABC Group RSP.

Plan Features

  • No front or rear end loads
  • No minimum deposit requirement
  • RRSP loans available (from $5,000 to $50,000)
  • Payroll deduction, personal cheque or on-line electronic transfers via the VIP room on Standard Life’s website accepted
  • Inter-fund transfers permitted within the excess trading limits
  • No fee upon termination (complete withdrawal)
  • First partial withdrawal of funds per year is free ($25 fee after that)
  • Investment hotline for account inquiries (1-800-242-1704)
  • Internet access (interactive) for information or changes
  • Income projection and asset allocation software available
  • $240,000 CompCorp protection
  • Comprehensive employee enrollment kit
  • Administrative fee to set up contract – Waived for brokerages enrolled in the IBABC Employee Benefit Plan