If the RRSP product I have put my money in does not match my expectations I change it, coupled with the fact that the company providing that product will have a harder time to sell said product.
We, as consumers demand “line go up”. So yes, we are meaningfully in control unless you are an extremely passive or captive investor which I am unaware is possible. My RRSP is with Scotia they have multiple products I can choose from and I can move to any other bank at no cost. My pension is with Manulife and they have multiple products I can move my investments between at no cost.
If the RRSP product I have put my money in does not match my expectations I change it, coupled with the fact that the company providing that product will have a harder time to sell said product.
We, as consumers demand “line go up”. So yes, we are meaningfully in control unless you are an extremely passive or captive investor which I am unaware is possible. My RRSP is with Scotia they have multiple products I can choose from and I can move to any other bank at no cost. My pension is with Manulife and they have multiple products I can move my investments between at no cost.