In the market there are a number of factors. One seems to be that annuities are very capital-intensive for the financial institution. Another is that, among people buying annuities, there tends to be a huge amount of adverse selection: only healthy people with grandmothers who live to 108 are the ones who buy them. So it's a combination. In fact, in some ways it's evidence that the market is working, but it's not working perhaps as well as....
Given that it does seem to have relatively high prices compared to the risk that's being transferred, there are regulatory capital considerations that I think could be reviewed, as well as perhaps saying maybe the insurance company can manage this on behalf of the pension fund--a way to really handle the orphan pension funds. The CPPIB is one option, but there may be private sector alternatives as well.