Oireachtas Joint and Select Committees

Wednesday, 8 May 2024

Select Committee on Social Protection

Automatic Enrolment Retirement Savings System Bill 2024: Committee Stage

Photo of Marc Ó CathasaighMarc Ó Cathasaigh (Waterford, Green Party) | Oireachtas source

Similarly, section 42 refers to "other statistical information as may be prescribed." There is a strong argument for having the authority report on the type of funds. I know it is within the powers of the Minister under the legislation to ask for that. The legislation would be stronger if we expressly stated we would like to see where the money is and made that one of the reporting obligations, so it will not be the decision of any individual Minister at any point of time, but would be within the primary legislation. That would be stronger and would set out the language much more clearly.

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