Vol. 551 No. 4
169 Mr. Deenihan asked the Minister for Social, Community and Family Affairs if, in the context of the Pensions (Amendment) Bill, 2001, insurance brokers will have a representative on the new extended board; and if he will make a statement on the matter. [10767/02]
The Pensions Board comprises a chairperson and 14 members. The composition of the board includes five nominees from the pensions industry, four from the social partners, and a representative of the Minister, a representative of the Minister for Finance and three nominees of the Minister.
In the Pensions (Amendment) Bill, 2001, which will be enacted very shortly, I am providing for a representative of consumer and a representative of pensioner interests to be added to the Pensions Board as I consider that this will give a better balance to the board. I have considered the various representations that have been made to me in regard to other interested groups being members of the board and I am satisfied with my proposals as set out above.
