It's not all RRSPs. If you invest your RRSP moneys into exchange-traded funds, or bonds, or GICs, you would not be paying those types of management expense ratios. If you are in international equities especially, you would be in that range. It depends on the company, and I don't want to make any generalizations, but there is a Harvard study out there that has looked at the fees charged across the developed world, and Canada ranks at the very top.
On November 17th, 2009. See this statement in context.