Paschal Mooney (Fianna Fail) | Oireachtas source

I move amendment No. 18:

In page 43, between lines 26 and 27, to insert the following:“(3) The Pensions Council shall advise the Minister as to how pension fund costs can be reduced.”.

My amendment is self-evident. It refers to advice the Minister can be given by the Pensions Council on how pension fund costs can be reduced. We dealt with its context and background on Second Stage. The Minister has some sympathy with its aim. There is continuing public disquiet over the manner in which pension funds are administered, particularly the high cost charges imposed on various pension funds. Perhaps she will address the issue before we discuss amendment No. 22.