What are the plan fees?
If you join as an eligible employee of a participating employer, your fee is a percentage of your assets. This is an all-in fee and covers:
- Investment management
- Plan administration
- Custodial fees and other costs associated with running the plan
Unless a participating employer agrees to pay employer fees, members assume an additional monthly fee.
Transaction and processing fees are charged for fund withdrawals or transfers out, non-sufficient funds, and death and marriage breakdown processing.
We don’t charge any fees to transfer existing RRSP or TFSA assets into the plan, although the financial institution a member is transferring out from may have fees associated with the transfer of those funds.