I represent winners. These are people who have done, I hope, a decent job in their lives and they want to make sure they give the benefit of their advice to future generations, with the hope that we are all winners when we come out of this.
The hope is that if you reinforce the rules that govern existing plans now to ensure against the instability that the current rules permit, then we will all look to a better future. That is the hope. For the people already facing difficulty, obviously they're hoping the market will recover. If they never do, there's an opportunity for safe-haven options that allow them to weather the storm so they won't get worse than they are right now. That's the best you can do for them right now, and take a lesson from the experience to change the rules.
For people who don't even have pensions to worry about, we're offering them the opportunity to save for their own retirement in circumstances where we hope they won't face those challenges because of the way it's constructed.