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Pensions Bill

The Minister places great store by the initial comments of the Young review, but is he aware that in a similar review of unclaimed, orphan assets in banks and building societies in Ireland, it was originally predicted that after the searches had been fully conducted no more than €3 million was likely to be found, but in the event €196 million was found—60 times more than claimed? At this stage, is not it a bit premature to make a presumption that would close the door on the possibility of finding funds in the UK that diverged on a similar scale? Why is the Minister so keen to block off that route, which could get a lot of us off the hook?