erm, i take the view that we ought to try and make the existing arrangements work and we are fast approaching a very key point er in that process erm i understand that on thursday, er securities and investments board, the board will consider  the er p i a, proposed p i a prospectus and that er within a week or so we shall all be able to to read it and to look at it  erm and the key point, which really is  arises out of what we're discussing tonight, the key point is what regulatory framework should the p i a place on intermediaries and on er life assurance companies, pension funds, financial advisors generally er in order to ensure that the public interest is protected and that if there are potential frauds erm such as the levitt case  er that we talked about earlier and i think the honourable member in  sort of by implication in terms of er community service, er punishments that he referred to, er had also that in mind, er just what should we do to ensure that if there is malpractice and fraud, it's picked up very, very quickly.