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News - Irish Life Corporate Business

Posted on August 17, 2017

"An absolutely magnificent idea", is how economist Jim Power views the prospect of Athlone City. 

Posted on August 10, 2017

According to a new economic outlook from Goodbody Stockbrokers this week, Ireland’s economy is returning to its “previous peak” with close to full employment and domestic spending back at 2007 levels. So, has Ireland's economy really emerged from a "lost decade"?

Posted on August 08, 2017

President of the Irish Exporters Association Nicola Byrne explains why Ireland is “way ahead of the posse” in preparing for Brexit.

There is still a lot to do, but there is also a “huge amount that can happen in the right direction” for Ireland after Britain leaves the European Union, she tells presenter Cliff Taylor.

They are joined by associate research professor at the Economic and Social Research Institute Martina Lawless, who outlines what the worst-case scenario could be when it comes to tariffs and barriers, and why paperwork may be a bigger concern for many Irish exporters post-Brexit.

In the second half of the show, Irish Times business journalist Fiona Reddan takes us through some of the ideas being mooted by the department of finance’s tax strategy group, including the prospect of abolishing relief on family homes from capital gains tax when they are sold.

Posted on August 04, 2017

Irish Life has reported a 17% increase in profits for the second quarter of 2017, contributing €42 million (CAD$63 million) to Great West Lifeco’s earnings in the quarter. This was up from €36 million (CAD$52 million) in the same quarter in 2016.

Posted on August 04, 2017

In August 2017 we are making changes to the availability of Irish Life’s Capital Protection Fund.

With effect from 7 August 2017 Irish Life Corporate Business will no longer accept new Regular or Single Premium investments into the Capital Protection Fund.
Posted on July 28, 2017

The wheels are starting to come off the German auto industry, with the country’s five biggest car makers facing allegations that they have engaged in cartel-like behaviour for more than a decade.

Speaking on the latest podcast, Irish Times Berlin Correspondent Derek Scally says the industry, worth around €400 billion to the German economy annually, is too big to fail, but if the latest allegations are proved to be true then the diesel emissions scandal at Volkswagen will prove to have been just the opening act.

In the second part of the show, Laura Slattery has the background on the row over the gender pay gap at the BBC and what the spill-over might be for RTÉ.

Posted on July 07, 2017

Ireland’s saving habits have been revealed in recent research* by Irish Life. Just under two thirds of Irish people are actively saving and have some savings, and in contrast, a third of people claim not to have any savings at all. The research also found that a third of Irish employees have a company pension fund set up for when they retire, and a quarter of Irish employees have their own private pension in place. By saving into a private or company pension plan, people’s savings can go a lot further. 


Posted on July 03, 2017

Sherry Fitzgerald founder Mark FitzGerald is Ciarán Hancock's guest on the Inside Business podcast. He talks about the need for radical thinking to solve the housing crisis, recalls his time in the estate agent business and a few memories of his late father Garret, and shares some tips for first time buyers.

Posted on June 26, 2017
Will the UK's hung parliament lead to a softer Brexit?
Maybe according to Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."
Posted on June 16, 2017

Maybe, says Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."

He is joined by economist Jim Power to discuss what a softer border with Northern Ireland might look like and what Ireland's new Taoiseach Leo Varadkar should do for the economy.

In the second half of the show, Larry Broderick of the Financial Services Union talks to Joe Brennan about the AIB IPO and explains why the bank should establish a profit-share with staff in recognition of their role in getting it back on its feet.



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