Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I would be happy to arrange for the Deputy, someone from my Department and the Minister for Employment and Social Protection, Deputy Regina Doherty, to sit down, go through this and see if there is something we can do. I suspect there is not. The law needs to be changed in this area. Trustees are there to look after the interests of the members and not to look after the interest of the employer or, indeed, the employees. It is the interests of the members of the fund. It is our intention to legislate to give more power to the Pensions Authority in respect of winding up situations like this so that all of the power does not lie with the trustees. It is a change in the law that is required and that is the only thing that will make a difference into the future.

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