7 Feb 2012, 17:12
The Irish Brokers Association (IBA) will attend the Oireachtas Committee on Jobs, Social Protection and Education tomorrow, 8th February, to discuss a number of issues and initiatives around private pensions.
The IBA has 500 members, which include large international brokers, large national players and small and medium sized brokers throughout the country.
The Irish Brokers Association believes that private pension funds can play a pivotal role in Ireland’s economic recovery. According to the IBA, the vast majority of its members would support 5% of pension funds, around €1.4 billion in total, being invested in Irish infrastructure.
Chairman of the Committee Deputy Damien English said: “Tomorrow the IBA will have an opportunity to explain in-depth the rationale behind this initiative, along other proposals it has put forward such as tax relief on employee contributions and allowing people access to their tax free pension lump sum during their lifetime rather than restricting it to retirement. The Committee will have a chance to listen to the case presented by the IBA, explore these initiatives and to raise any issues they may have on the IBA’s proposals.”
This meeting will take place on Wednesday, 8th February in Committee Room 3, Leinster House 2000 at 9.30am.
Committee proceedings can be followed live at:
http://www.oireachtas.ie/ViewDoc.asp?fn=/documents/livewebcast/Web-Live.htm&CatID=83&m=o
For further information please contact:
Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2
P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551
Committee on Jobs, Social Protection and Education
Membership
Damien English, TD (Chairman)
Ray Butler, TD
Áine Collins, TD
Joan Collins, TD
Michael Conaghan, TD
Barry Cowen, TD
Seán Crowe, TD
Tom Fleming, TD
Brendan Griffin, TD
John Halligan, TD
Seán Kyne, TD
Anthony Lawlor, TD
John Lyons, TD
Nicky McFadden, TD
Mary Mitchell O’Connor, TD
Aodhán Ó Ríordáin, TD
Aengus Ó Snodaigh, TD
Willie O’Dea, TD
Brendan Ryan, TD
Brendan Smith, TD
Peadar Tóibín, TD
Senators
Deirdre Clune,
John Kelly,
Michael Mullins,
Marie Louise O’Donnell,
Averil Power,
Feargal Quinn