Dáil debates

Thursday, 6 October 2016

Other Questions

Pensions Reform

2:55 pm

Photo of Clare DalyClare Daly (Dublin Fingal, Independent) | Oireachtas source

I thank the Acting Chairman. This question relates to pensions governance, in particular the role of trustees, including corporate trustees. It concerns workers who make contributions in order to have decent retirement incomes but where decisions are made that affect their livelihoods in retirement and deplete their returns. These workers are basically disenfranchised from having any control over the trustees who, by virtue of their decisions, enrich themselves. What plans does the Minister have to improve pensions governance in this regard? I will cite an example after his reply.

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