I work for the trade association. I'm not a banker. It will depend very much on the institutions.
To make this product work, it has to be appealing to the institutions that are administrators—they have to make money off it. It has to be appealing to the SMEs that would participate in it, and it has to be appealing to their employees who decide, because they will have the ability to opt out. So we have three broad groups that have to find the right mix to make this work. If we do that, then at the end of the day banks will make money. This will not be a cash cow. This is going to be a low-cost product; that is the expectation, and I think it is the plan to deliver that. Not only will we have employers who will participate, but they'll get their employees to have access to a structured pension plan. We’ll offer it. I think it will help to deliver government policy to expand coverage of pensions, and I think that's a good thing.