Dáil debates

Thursday, 20 October 2011

10:30 am

Photo of Shane RossShane Ross (Dublin South, Independent)

Why are we not introducing legislation to ensure that levy is removed and the amount required taken from the industry? It is an industry in huge need of reform. It is an accident waiting to happen. This is an opportunity for the Government to take an initiative against those milking the system.

Is the Tánaiste happy with the situation that so many of our underperforming, overcharging pension funds are owned by the banks and are producing profits for the banks? The banks have these people with the same culture as their own. Will the Tánaiste give Members an assurance that he will fulfil the wish of the Taoiseach on Tuesday and take the money from the industry, not from the people putting money into the funds?

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