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Joint Oireachtas Committee on Education and Social Protection: The Pensions Authority: Chairperson Designate (27 Jan 2016)

...appear before the committee and set out my views. I will begin by saying a few words about the Pensions Authority. The authority supervises compliance with the Pensions Act by scheme trustees, PRSA providers, registered administrators and employees representing 150,000 schemes with 730,000 active members holding more than €80 billion in investment assets and more than 226,000...

Joint Oireachtas Committee on Education and Social Protection: The Pensions Authority: Chairperson Designate (27 Jan 2016)

...in them. By the time one reaches the age of 60 years it becomes a riveting subject, but people lose out as a result of this. A few years ago we had the personal retirement savings account, PRSA, which fundamentally was intended to deal with the coverage question, but it did not. We must look at how we can deal with the issues of coverage and adequacy. The issue of adequacy arises...

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