asked the Minister for Finance if he proposes to introduce amendments to the legislation governing the responsibilities of and constraints on trustees of pension funds and pension fund managers with a view to making such funds available for a wider range of investment opportunities and projects in the Irish economy; and if he will make a statement on the matter.

I have no evidence to support the view that investment by pension fund trustees and managers in the Irish economy is being constrained by existing law in this area. Consequently I do not propose to introduce amending legislation.

Questions Nos. 12, 13, 14, 15 and 16 are for written reply.