News - Irish Life Corporate Business
Even in the colourful history book of corporate Ireland and its standards of governance, this could yet turn out to be a particularly psychedelic chapter", wrote Mark Paul, breaking the news that INM CEO Robert Pitt made a protected disclosure to the Office of the Director of Corporate Enforcement about the value his company's board put on its acquisition target, Newstalk. Mark is here to talk us through the story.
And Laura Slattery lays out what we know about RTÉ DG Dee Forbes's restructuring plan which is said to involve the loss of 200 jobs at the state broadcaster, and what the future might look like in Montrose.
We are delighted to announce that we have been shortlisted in the Corporate Social Responsibility category for the All Ireland Marketing Awards.
We have developed an infographic guide that shows the regular steps in the annual renewal process of a Defined Contribution (DC) scheme.
We have set out the various steps in the process that both Irish Life as well as the trustees and employer must complete during a year to meet compliance obligations.
We are delighted to announce that we won Best in Financial Services at this year's Accenture Digital Media Awards. These awards recognise creativity and innovation in the digital sector including advertising, marketing, web design and development.
Irish Life, which is part of the global Great-West Lifeco group of companies, has announced today that it plans to increase its presence in Dundalk, Co. Louth, with the building of a new Irish Life Customer Centre in Finnabair Business Park. The proposed new office space reinforces the commitment that Irish Life has made to both its employees and the local community of Dundalk over many years.
- Irish Life highlights impact of Ireland’s ageing population on pensions and healthcare
- Only 28% of those working have a financial plan for retirement
- Increase in over 65s will require extra public beds equivalent to 3 new Beaumont hospitals
In 2016 the number of Irish jobs in IDA-supported companies exceeded 200,000, more even than during the Celtic Tiger period. The figures prove how critically important foreign direct investment has become to the Irish economy today, and how seriously we should take threats to our attractiveness as a location for foreign investors. The threats are there, from potential Brexit shocks to the Trump administration's policies on foreign investment, external pressure to change our tax regime and domestic issues like the housing shortage that undermine our competitiveness. In the next two years IDA chief executive Martin Shanahan wants to add another 80,000 jobs to the 200,000 already brought in by the state agency. He talks to Ciarán Hancock about the agency's achievements, the upsides and downsides of Brexit and Trump and how the IDA will navigate the choppy waters ahead.
It was an extraordinary and at times confounding year in business and the economy, even as the Irish position remained broadly positive.
On Inside Business today we look at the biggest stories of the year.
If you've shopped online and you're Irish you may be familiar with the feeling that you are being ripped off by international retailers. Geo-blocking (when you can't access a site aimed at consumers in another country) and excessive price differences are the most frequent complaints, and we Irish make more such complaints than most others, according to a report today from the European Consumer Centre.
We talk to ECC representative Martina Nee about the report's findings, and to Mark Paul and Laura Slattery about personal experiences of what Mark calls the "Paddy Levy". Have you been caught out by the levy? Email us your stories: firstname.lastname@example.org
Also on the podcast, we look at Minister for Housing Simon Coveney's big announcement that rent increases will be capped at 4% per year in Dublin and Cork. It seems no-one is entirely happy with the plan - but is it better than nothing? John McCartney of Savills Auctioneers, Mick Byrne of the Dublin Tenants Association and our property editor Madeline Lyons weigh in.
We are delighted to announce that Irish Life staff charities has donated a phenomenal total of €344,000 to two Irish charities in 2016. The funds have been raised through various fundraising initiatives undertaken throughout the year.