Largely the issues remain:
- High management fees (MER)
- Poor management performance
- Weak stock market (since 2008)
- Lack of investment alternatives (poor bond and GIC performance)
Canadians deserve better. After taking a 700 hundred billion dollar haircut in 2008, their ever-nearing retirement lifestyles are in jeopardy due to a lethargic mutual fund management industry.
From the Financial Post: Mutual funds still popular with Canadians, but why?