ECB cuts rate to 0.25%

The European Central Bank cut interest rates to a new record low today, responding to a slump in inflation. The ECB also said it would prime banks with liquidity for longer to prevent the euro zone’s recovery from stalling. The … Read More

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Danske Bank closes all branches-layoffs

Danske Bank Ireland, formerly National Irish Bank, is closing with the loss of 150 jobs in the Republic. Larry Broderick, the head of the IBOA trade union, said the job losses at the bank would be compulsory. “We are shocked … Read More

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Danske Bank closes all branches-layoffs

Danske Bank Ireland, formerly National Irish Bank, is closing with the loss of 150 jobs in the Republic. Larry Broderick, the head of the IBOA trade union, said the job losses at the bank would be compulsory. “We are shocked … Read More

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Pensions tax relief limit to bring in €130m less for State

From the start of next year people who save into a pension will only be able to get one valued at €60,000, under changes to the tax relief system. The new limit on the amount of tax relief people can … Read More

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Pensions levy to be increased but no tax hikes

The 0.6% pensions levy is set to be increased to 0.75% and will remain in existence until the end of 2014, Minister for Finance Michael Noonan has announced. A reduced levy of 0.15% will be introduced from 2015. Mr Noonan … Read More

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Chronic shortage as fewer than 5,000 homes for sale in capital

DUBLIN city has less than 1pc of its housing stock currently for sale – the lowest proportion in memory for estate agents. Numbers of properties available in the capital are now reduced to less than 5,000, according to the latest … Read More

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Interest rate rise ‘unlikely for 18 months’

Economists now believe it will be April 2015 before rates rise, in what will come as a huge relief for the 375,000 people with tracker mortgages. It followed a meeting yesterday of the European Central Bank, which, as expected, left … Read More

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Call for new pension contract for younger workers

PENSION rules need to change to end the situation where younger people who contribute to bust schemes will not get a pension and are merely securing the incomes of those who have already retired. Incoming president of the Society of … Read More

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Quarter of company pension plans to wind up

ONE in four defined benefit pensions is set to wind up by the end of the year, a new study has found. This means that 250 company pension schemes are due to have disappeared by the end of the year, … Read More

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HMP are looking to hire! If you know someone that would be suitable for this position please pass on our details.

Title: Life, Pensions & Investments Administrator Permanent, Full-time Location: Blackrock village, Co. Dublin HMP provide expert and impartial advice to approximately 110 corporate clients and many thousands of individuals. We aim to build long term relationships with our clients and … Read More

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