I can answer that question. The day we individualize retirement, we place a very heavy burden on everyone, and especially young people. I am talking about retirement, finances and planning.
During the economic crisis, it was clear to everyone that even the best managers were having a lot of trouble dealing with the crisis. So, how can we ask the average person, whatever their age, to take responsibility for that kind of planning or management? Retirement planning absolutely must be part of a collective process. It has to be collectivized. If we rely on individual plans, on RRSPs and on individuals, we really will be getting off on the wrong foot.