Search for prsa speaker:Liam Twomey (KildareStreet.com)

Seanad: Pension Provision: Motion (Resumed) (14 Nov 2007): Liam Twomey: ...when one's own pension is so bloody well protected. When a worker is forced to invest his pension in a fund, however, he or she is subject to a 1.5% administration charge annually. The reason PRSAs do not work is because they involve a 3% set up charge and a 1.5% administration charge on the entire fund annually and not only the profit. Workers will not throw away their hard-earned money...

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