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Administration Fees for Group Plans

ScotiaMcLeod's Group Plan Administration Fees

Since 2002, ScotiaMcLeod's fee schedule has been revised to ensure that all group plan members continue to receive a fee saving and all the services and benefits of our Group RSP plans.

Annual Self-Directed RSP Administration Fee: $90 per account, charged in September - This is a significant saving over the normal $125 year fee charged by most full service investment firms. This fee is waived for any accounts over $100,000 on August 31. Charged to accounts in September.  (This is a significant saving over the normal $125 year fee charged by most full service investment firms.)  Click here for a listing of what your RSP Administration fee covers.

Partial / Full Transfer out fee: $25 - $125

Mutual fund purchase/sale charge: No purchase or sales fees. All "load" funds are available on a no load (0% front end) basis. This is a significant savings.

ScotiaMcLeod Mutual Fund switch fee within the same fund family: $0*

* Some fund families charge a fee for frequent switches or short holding periods, consult fund prospectus for complete information

Stock trades, minimum commission: $125

For a complete listing of miscellaneous fees, please consult the ScotiaMcLeod fee schedule mailed each January.

Online access, monthly/quarterly statements, performance monitoring and reports, all at no charge.

Members receive all the financial planning services and advice offered by your Wealth Advisor and team at no charge.

Please contact your ScotiaMcLeod Wealth Advisor directly for more information or for investment advice tailored to your personal situation.


 




The information contained on this website is for use by persons resident in Canada only.



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