Rt Hon JACINDA ARDERN: Acknowledging that the member's assertion in the first half of the question was incorrect, the proposal was around standardising the applications of GST fees and services for managed funds providers. The goal of those changes, which were instigated through a review that began in 2017 under the last Government, was to even out the playing field. When we hear clearly from the sector that their view is that the status quo is preferred—we've heard that, because what is most important to us is confidence in KiwiSaver.