The greatest truth to emerge from the past thirty years of our nation’s retirement planning experience is that Wall Street, i.e., private financial services companies, cannot be trusted with handling retirement savings—at least not under the existing legal and regulatory framework. Maybe Wall Street, or Las Vegas casinos for that matter, can be trusted with gambling monies—dollars individuals can afford to lose. But when it comes to all-important savings that individuals and families will have to rely upon to meet their basic needs in later years, such as food, shelter and health insurance, Wall Street should be told, “Hands off.”