Michael Noonan (Limerick City, Fine Gael)

My officials have been in contact with a wide number of interested parties in both the public and private sectors, including the Pensions Board, about the practical, logistical and other issues surrounding the introduction of the levy. I met two groups of representatives of the pensions industry; the Deputy will know it is divided into two different groups. I had long discussions with both groups but it was on the general principle of the levy. The technical work was done at official level but I was kept informed of the process and of the type of Committee Stage amendment that was coming along from the discussions.

The organisations, the IIF, the IAPF, the Pensions Board, the Department of Social Protection and representatives of trustees of pension funds were the people involved on the technical side with the officials.

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