[GTALUG] (OT) admin fee on BMO RRSP?

[James Knott]

On 07/08/2018 10:30 AM, o1bigtenor via talk wrote:
> On Sun, Jul 8, 2018 at 8:55 AM, Ivan Avery Frey via talk
> <talk at gtalug.org> wrote:
>> Hi William
>>
>> My father and my sister both pay an admin fee on their CIBC Wood Gundy
>> registered accounts.
>>
>> I think it's at the discretion of the financial institution.
>>
> I think its to increase the profit of the financial institution full stop.
>
> Banks always were greedy sobs and they've gotten worse - -- imo anyway!
>
>

Just be thankful they're not charging a fee for charging a fee.  ;-)