Dáil debates

Tuesday, 20 June 2006

3:00 pm

Photo of Dan BoyleDan Boyle (Cork South Central, Green Party)

The central point of my original question did not so much concern who takes ultimate responsibility. The Financial Services Ombudsman will deal with the schemes in the future. The 200,000 people on the schemes largely get the service they paid for and those who are not linked to their employer as the agent do not suffer a detriment in the payout likely to accrue to them. However, a cohort of people have been damaged in the past. Regardless of who takes responsibility for the issue in the future, I am concerned that someone should take responsibility for the way these schemes have been misapplied in the past. I want an answer and guidance from the Minister as to what role he can and should play in that.

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