CEIRP keeps growing which means we can all enjoy lower investment management fees! When the plan started in 2004, fees were 1.1%. After six reductions, the fees will now be reduced by .5% to .48% — a 56.4% reduction since our inception. This change applies immediately to the RRSP, NRSP, TFSA and the RRIF/LIF. [...]
When CEIRP started in 2004 the Investment Management Fees were 1.1%. And there have been 5 fee reductions since 2004. Effective December 15, 2019 the Investment Management Fees in the RRSP, NRSP, TFSA and the RRIF/LIF were reduced by 0.15% and are now 0.53%. […]
You have exceptionally low fees compared to individual investments. In fact, the power of CEIRP has helped get fees reduced five times over the years! Your low fees can make a BIG difference to your account balance over time. You hear a lot in the news about how much Canadians are paying in fees on [...]
