I'll bring up a somewhat different issue. You have something like $300 billion or $400 billion of RRSP money in retail mutual funds. Those are currently being charged 2% plus, in terms of fees. In a low-return environment, it doesn't work.
To me, a lot of these technical things are interesting and important, but I believe we have a fundamental market failure, in the sense that we have this retirement income system—a large part of it is RRSP-driven—and people are not going to get any kind of return on their contributions in the current retail mutual fund environment.
That's one of the big things we could be doing through PRPPs, but as I say, I don't see it coming yet.