Written answers

Wednesday, 31 March 2010

Department of Finance

Pension Provisions

8:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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Question 105: To ask the Minister for Finance further to the reply to Parliamentary Question Nos 561 of 23 March 2010 and 167 of 9 March 2010 (details supplied), the legal position of the estate of an annuity holder upon that annuity holders death; if the full outstanding value of the annuity accrues to the estate; if not, the reason for same; the way the framework for annuity holders here differs in this respect from those pertaining in other countries; and if he will make a statement on the matter. [14116/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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I understand that the Deputy has received answers from the Minister for Social and Family Affairs and myself that need clarification. The Deputy will appreciate that the subject matter of her PQ is a complex matter that requires examination. Accordingly I have asked my Department to look into the matter in consultation with the Financial Regulator and I will write to the Deputy when I have received the advice from my Department.

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