Automatic Enrolment Retirement Savings System Bill 2024: Report and Final Stages
Dail Éireann — 2024-05-22
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Heather Humphreys (FG), Cavan-Monaghan

One of the most important skills anybody on this board would have is financial skills and the ability to make good judgment when investments are being considered. I absolutely recognise the mandate and the key role ICTU has in representing workers. I do not want to tie the hands of any future Minister. If an application is made through the PAS, I have no doubt the Minister of the day will give it due consideration and that a member of ICTU could contribute in the same way as others whose names are put forward. For that reason, I cannot accept the amendment. If I did, I would end up widening it out and then I would have a plethora of representative organisations looking to sit on this board. I would then be afraid we would have nobody with the right skill set. I am very conscious that this is workers' money.
Many of the automatic enrolment, AE, participants will not be a member of any trade union. In fairness, workers who are part of a trade union are probably fortunate enough to have a pension whereas those not in a trade union are probably not in that position and do not have that pension at the minute. I hope the Deputies understand the point I am making here.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2024-05-22/debate/main
Retrieved: 2026-08-14T04:52:59+00:00
Sitting date: 2024-05-22