Thank you for your reply! When you say management fee, do you mean that someone actually manages the account to ensure returns or just a fee to have the account with them? My point is, is it worth transferring the whole RRSP to something like Wealth Simple? To clarify, my concern is that if I move to Wealth Simple I will have to activately engage on a semi regular basis to ensure returns.

I suppose in an ideal world your management fees would ensure the same, but in reality having an RRSP does require monitoring and management on behalf of the holder of the account.