Oireachtas Joint and Select Committees

Wednesday, 6 February 2013

Joint Oireachtas Committee on Education and Social Protection

Report on Pension Charges: Discussion with Department of Social Protection

1:30 pm

Mr. Joe Morley:

We are engaged in further work at European level on the project on the package of retail and investment products, which is looking at all the information that consumers should get, including information they should get at the start, which would go towards providing standard simplified information which could be better compared across the industry. What we have done this year is to introduce the statement. Consumers would have been provided originally with the charges on the product.