Dr. Barra Roantree:

In short, "Yes", I certainly have considered many of these issues, as, I am sure, has Dr. Collins. I stress that neither of us are suggesting getting rid of a tax-free lump sum of €200,000 entirely; we are suggesting that consideration be given to restricting it. The people who would be affected are not far off being millionaires in terms of the value of the pension fund one would need to have for the €200,000 limit to be binding. For example, on a defined contribution pension, you can take out a maximum of 25% of that. We are talking about the €200,000 limit-----