[But overall,] these new annuity products are not bad, ... If they would get their total expenses down a percent, they would be very good.

We will not have an open wallet for this. We will have to keep food and lodging expenses to a minimum.

We were told the insurance would pay 80 to 100 percent of medical expenses for catastrophic illnesses. When both of us were hit with catastrophes within one nine-month period, we were left hanging with $180,000 in unpaid medical debts. The insurance paid less than 15 percent. And we worry that others like us will end up risking their health, and their lives, because of costs.

Every retailer, when they price their goods, looks at their total cost overall. When they have costs go up, they'll price their products accordingly.

We manage the same fund for mutual fund holders and annuity holders, and we happen to own the shares underlying the annuity instead of the mutual fund. That's why it appears we don't hold shares when you look at the SAI data, but in effect we do -- just through a different vehicle.

We've done that, and they now represent approximately 40 percent of our total revenue.