Gerry Horkan (Fianna Fail) | Oireachtas source

That is not what I am saying. I am referring to what is being said out there, namely, that these companies were going around investing money willy-nilly and it did not perform the way it used to perform. However, Mr. Carey is saying that, by and large, that the money insurance companies take off consumers is invested in very low-risk stuff in the first instance and the very low-risk stuff is now paying an even lower return than it used to pay.