Olwyn Enright (Laois-Offaly, Fine Gael)

The Minister's answer is fair enough, but it is dealing with a scenario when things go wrong. That is not my question. In spite of the fact that 75% of pension schemes will not deliver what people expect of them, what will the Minister do about the fact that according to the chief executive of the Pensions Board, the schemes are still operating in substantially the same way and that the same risk is there? What will he do to ensure that the pensions industry is more responsible and makes people aware of the risk they are taking?

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