Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages
Seanad Éireann — 2024-06-19
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Paddy Burke (FG), Agricultural Panel

Section 70 prescribes the different risk levels. The Minister spoke about three risk levels. Unless I read it incorrectly, it states in one part that the Minister can set out the risk levels, or is it a board that sets out the risk levels as well? Who has the ultimate authority in deciding low-, medium- or high-risk levels? How low do you go or how high of a risk do you take? How will the risk levels be arrived at? I am sure there will be a strategy in place to do that and I presume there is previous experience in other countries for risk levels that have been taken with this type of thing. Who has the ultimate say in the risk levels? Is it the Government, the Minister or the board?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2024-06-19/debate/main
Retrieved: 2026-08-14T04:53:05+00:00
Sitting date: 2024-06-19