The problem I have is that the insurance industry in particular—but other providers—already market DC plans and group RSPs to small and medium-sized enterprises, and there's very little evidence of significant take-up there. There just has been for so long.... When there's an option to have a pension plan in your workplace for small and medium-sized enterprises, we have about 14% of those taking up group RSPs. There's just little evidence that it's the fees or the administrative burden that will make the difference with PRPPs.
