It's 3 pm on a February afternoon and your bank calls you, "Have you made your RRSP contribution for the year? Mr. Smith, I'd like to help you earn 10 %/year and reduce your taxes by opening a new account. Can I book you in for an appointment next Monday?" I've made that phone call before; I understand your hesitations - maybe you think these returns aren't realistic, the fees are too high, you wonder if I have a conflict of interest, I can't possibly understand your situation - and it all seems too complicated. Forget about the banks managing your money - you can do it better yourself.