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%. […]
Did you know that our default investment for new members is the Cadence target date funds? For investors who want to set it and forget it, target date funds are the way to go. Just pick “Cadence” and the fund closest to the year you turn age 65 will be automatically selected for you. [...]
