Seanad debates
Monday, 30 April 2012
Social Welfare and Pensions Bill 2012: Committee Stage (Resumed)
However, it would have to be done on a very secure long-term basis carrying moderate rates of returns with low risk for the members of the pension fund because, at the end of the day, these pension funds are the property of the individual members of the pension fund who subscribe to them and in which they are saving for their retirement. One would have to have a very high level of security and act quite conservatively in regard to the investment strategy. It is not just a sum of money that one can put into this or that. One would have to structure it very well.
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