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News

Posted on May 20, 2016
Siptu President Jack O'Connor talks about his difficult relationship with new Minister for Transport Shane Ross, the Luas strike, the Labour Party's leadership contest, and accelerating the restoration of pay cuts to public servants.
 
He also speaks about the end of his term of office in 2017 and what role he might play thereafter.
 

Posted on May 20, 2016
Investors in some FTSE companies are in revolt over the pay and bonuses awarded to their top executives. Joe Brennan and Cliff Taylor join Cíarán Hancock to explain why shareholders feel the top brass are not, in fact, worth it, and how remuneration for bankers may once again become a political hot potato here in Ireland if the AIB IPO goes ahead.
 
In part two: how have 67 days without a government affected the economy, and how will the new minority government handle the books? Cliff and Cíarán are joined by Economics Editor Arthur Beesley and Europe Correspondent Suzanne Lynch to examine new EU growth forecasts, Irish Exchequer figures and the promises made in the Fianna Fáil - Fine Gael agreement.

Posted on May 20, 2016
Part One: Ciarán Hancock is joined on the line by Dublin MEP Brian Hayes to discuss his call for the introduction of legislation to make it easier for mortgage holders to shop around for a more competitive rate of interest. He also gives his view on government formation and Irish Water.
 
Part Two: Is there a kinder Irish budget in the offing for 2016? A projected €900 million surplus for government spending would suggest so.

Posted on May 19, 2016

What are the implications of Brexit for Ireland and Europe? Is a serious economic shock possible? Might we see controls reappear on the border with Northern Ireland? Business leaders gathered in The Irish Times office this morning to hear economist and Irish Times columnist Professor John FitzGerald, London Editor Denis Staunton and Economics

Posted on May 16, 2016

Further insights into the habits of Ireland’s workforce have been revealed through recent employee research carried out by Irish Life*. The research found that Ireland’s workforce remains committed to their jobs, with over a third of employees in Ireland stating they have never missed a day in work. However, Ireland’s workforce are not as dedicated to securing their financial future, as they are only saving an average of 10% of their salary into a pension fund, Irish Life figures show. 

Posted on April 20, 2016

Bill Kyle, Chief Executive Officer, Irish Life Group Limited, has announced his intention to retire in mid-2016 following three years as CEO of Irish Life and a 37-year career with the Great-West Lifeco organisation.

In conjunction with Mr. Kyle’s upcoming retirement, the company has announced that David Harney, currently Managing Director, Irish Life Corporate Business will be appointed to the role of CEO of Irish Life Group effective from 30 June, 2016.

Posted on April 20, 2016

This week Ciarán takes a look at the flourishing Irish whiskey market, both at home and abroad. He is joined by Denise Murphy of An Bord Bia, Master Distiller Darryl McNally and John Teeling to discuss the enormous potential of this quintessentially Irish product.

Posted on April 14, 2016

Irish Life held a major pensions conference attended by almost 200 delegates in Dublin today.  On the theme “Empowering Retirement” speakers discussed new initiatives to engage members of defined contribution pension schemes. Recent research conducted by Irish Life shows that only 29% of us know how much we need to live on in retirement,* and the conference focused on ways to help Irish people become more retirement ready.

Posted on April 11, 2016

On the Business podcast this week: The Panama Papers off shore tax scandal, the Irish angle and an in-depth discussion of the far-reaching implications of the leak. Ciarán Hancock is joined in studio by Professor Jim Stewart of Trinity College Dublin and Legal Affairs Correspondent Colm Keena.

Posted on April 04, 2016

Enhanced Annuities now account for 25% of all Irish Life’s annuity business

Smoking, Blood Pressure and Obesity main qualifying conditions in 2015

Irish Life has released figures for the take-up of its Enhanced Annuity product for 2015. Figures show that up to 25% of Irish Life’s annuity customers are making the most of this innovative product which gives customers a significant bonus in their retirement income*. As awareness for this new retirement product grows, an increasing number of people are qualifying for increased retirement income. During 2015, the highest enhancement paid was 27% and the average enhancement paid was 9%.

 

 

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