Dáil Éireann Debate, Thursday - 17 January 2013
29. Deputy Timmy Dooley asked the Minister for Finance when he expects to be in a position to outline his plans to deal with public concern in respect of pay and pensions in the covered banks; and if he will make a statement on the matter. [2005/13]
View answer46. Deputy Caoimhghín Ó Caoláin asked the Minister for Finance if he will provide an update on the Mercer review of bankers' remuneration; when the review will be published and the action he will take on this issue. [1776/13]
View answerI propose to take Questions Nos. 29 and 46 together.
A significant amount of work has been completed on the review of bankers’ remuneration. I expect the report to be submitted shortly whereupon I will start consultations with the various stakeholders. As I have said previously, I fully recognise that there is a real public interest in the levels of remuneration at the covered institutions and I will endeavour to have the details underpinning the review published in due course.
