Margaret Cox (Fianna Fail)

The Minister referred earlier to an SSIA-type arrangement in respect of pensions. We debated pensions approximately two and a half years ago and his suggestion in this regard was discussed at that point. The Minister is correct that many people do not understand or recognise the benefits of money being invested on a tax-free basis and being drawn down the same way. If we were to repackage it we would obtain better value for money because people would understand what is on offer to them from a pensions point of view. The Minister's point in this regard is valid.