In terms of zero value for fund fees, I think there is another set of fees that provide limited value to investors that yield millions to fund companies.  

Workplace Group RRSP plans.  I am at my third employer that has matching contributions, all 3 companies have used groups that only offer multi percent MER funds.  The value in terms of advice is to pick from a booklet containing a list of funds, easy money for the fund companies.  The only reason I am part of the program is the matching funds from my employer, once I am at another employer I take the funds out and invest in ETF's or direct investments as Fast as Possible.