Best RSP platform?

[neanea]

If transfer to DD what charges do we need to pay?

From FSM website: "Platform fee is accrued daily and deducted based on the combined holdings of all Fundsupermart accounts under the main account holder, inclusive of any beneficiary account holdings on a quarterly basis."

RSP just exempts you from the one time sales charge. As 19degC and me have shown, it is the "lower" ongoing platform fees that makes up bulk of the costs.

Theoretically speaking, why not enjoy the best of both worlds, FSM 0% sales charge and DD 0% platform fees, using this? Maybe can do this once every few years?

 

[iCuteCube]

FSM for CPF investment. But most probably you wont use that much.

Poems for cash, otherwise dollardex.

 

[raymond350]

If transfer to DD what charges do we need to pay?

Free. Need to mail/fax some forms, and whole process takes a few weeks to be done.