Departmental Reports
Dail Éireann — 2025-12-18
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John Clendennen (FG), Offaly

One point in relation to funds is that the strength of deposits in Ireland on a domestic and international basis must be noted. The registration of auto-enrolment on 1 January is a big step forward. It is certainly welcome. Given the objective that it is set to achieve, it is going in the right direction. I have one ask. There is an element of apprehension, particularly among small businesses, about affordability and viability in this space. It is something we will have to monitor very closely in order to protect small businesses. I made the point at committee yesterday that there is now a situation where small businesses on high streets and in small villages are competing with multinational corporations. We need to get the balance right with regard to the demands. Nonetheless, it is definitely a worthwhile initiative. We also need to ensure that people who want to work later in life can do that and be rewarded for it, from a financial need or social well-being perspective. Those are initiatives that we need to look at as well.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-12-18/debate/main
Retrieved: 2026-08-14T04:54:29+00:00
Sitting date: 2025-12-18