Kent Conrad: “Next year, we think we're about $10 billion short in the Trust Fund of meeting the requirements from the previous…”

There is going to be a 23-percent cut across the board by 2034.

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

If you are really going to relieve me of the administrative burden, if you are going to really relieve me of the liability, if you are going to really relieve me of the cost other than the payroll transfer.

I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.