Online Budget Planner for Retirement
Posted onOur new online budget planner is now available in Pension Planet Interactive.
How much will people need to live on in retirement?
Recent research shows that only 26% of people know what they are targeting to live on in retirement. 40% of people don’t know what to target and 34% say they are not planning for retirement at all. (Source: Coyne Research, December 2017)
Some expenses may decrease in retirement, retirees might have paid off their mortgage and their children have finished college.… Continue reading →
Hell and Back 2018 for Irish Life Staff Charities
Posted onMore than 150 employees from across Irish Life and Canada Life braved the Hell & Back course at Kilruddery House on Saturday 16 June for Irish Life Staff Charities.
All funds raised for the event will go to our staff charities of the year, the Irish Motor Neuron Disease Association (IMNDA) and Remember Us.
It was an amazing and memorable day, check out some of the photos from the day!… Continue reading →
Irish Life to acquire a strategic shareholding in Invesco Ltd.
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Irish Life Group Limited announced that it has reached an agreement to acquire a strategic shareholding in Invesco Limited, Ireland’s largest Irish-owned independent financial consultancy. Terms of the transaction were not disclosed.
Invesco specialises in employee benefit consultancy and private wealth management and has over 27 years’ experience advising companies and personal investors. Based in Sandyford, Dublin and Lapp’s Quay, Cork, Invesco employs 125… Continue reading →
A Good Way of Life with Irish Life
Posted onPart of the benefit of a project like Ireland Gateway to Europe (IGTE) is how it helps US companies hit the ground running when setting up here. Things like tax, employment, location, and laws must be dealt with first before they can launch here and since there are a number of differences between the US and Ireland, having major players help demystify this process is a blessing.
Of those major players, one majority company that’s involved in this process is Irish Life. Providing a full range of… Continue reading →
Our TILDA partnership helps us understand our older adults.
Posted onThrough Irish Life’s efforts in preparing our members for retirement we have extended our partnership with TILDA whose overarching aim is to "make Ireland the best place in the world to grow old".
What is TILDA?
TILDA collects information on a wide range of lifestyle aspects including: health, economic and social circumstances from people aged 50 and over. Through the latest wave of data collection we now know many things about the older Irish generation.
Irish Life joined TILDA as a founding… Continue reading →
Irish Life proud partners with the GAA Healthy Club Project
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From left: Kevin McManamon (Dublin), Ray O’Kelly (Irish Life Sports & Social), Joan Rock (Health & Wellbeing Co-ordinator with the National Workplace Wellbeing Award) From Right: Anna Geary (Cork), Pat McCarthy (Life Choir), Jenny O’Connell (Life Choir Director with National Workplace Choir Award).
Irish Life has proudly partnered with Healthy Ireland to help promote the GAA Healthy Clubs Project.
We have been integrally involved with the initiative and have just completed phase 2 with… Continue reading →
Irish Life 2018 Staff Charities have been chosen
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A new year always brings new opportunities. This year marks a special opportunity for 2 charities close to the Irish Life Staff.
In 2017 alone, Irish Life Staff Charities donated an incredible total of €340,000 to two Irish charities, CMRF Crumlin and MS Ireland. Throughout the year our employees held various fundraising initiatives, raising a whopping €170k. The amount was then matched by Irish Life to reach this final total.
Every January staff have the chance to nominate a charity… Continue reading →
'Worrying' lack of adequate financial protection for women in Ireland - research
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Less than half of women in Ireland have adequate financial protection, according to extensive research from one of the country's leading insurers.
The latest study from Irish Life has found that the number of women covered by life insurance, specified illness cover or income protection falls behind the number of men with such policies.
Just 45pc of women were found to have any form of cover to support them in times of financial difficulty compared with two thirds of men… Continue reading →
Government may let people defer State pension to qualify for higher benefits
Posted onFuture Government incentives for those who want to work beyond the traditional retirement age could include permitting people to defer their State pension and receive higher benefits when they actually do finish working. Tim Duggan, assistant secretary at the Department of Social Protection, said on Tuesday one option would be to offer an actuarially-enhanced pension to those who decide to put off receiving their State pension when they reach the qualifying age and continue working… Continue reading →
Irish Life pays out €187.8 million in claims during 2017
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Cancer is the leading cause of death and illness in Ireland as Irish Life pays out €187.8 million in claims during 2017
€129.7 million paid out in Life Insurance to 1689 families for people who died
2,582 claims paid across Life Insurance, Specified Illness and Terminal Illness Cover
€53.7 million paid to 853 people for Specified Illness Cover claims – over a third of these were aged under 50
Claims report reveals that over half of women died from cancer, compared to… Continue reading →
