News - Irish Life Corporate Business
The IMF's urged the Government not to cut taxes in the upcoming budget, to protect against future fiscal shocks. DCU professor of economics Edgar Morgenroth, Cliff Taylor and Eoin Burke-Kennedy discuss why Finance Minister Paschal Donohoe would do well to heed the warning, contained in the fund's latest assessment of State’s economic performance.
The timber industry contributes about €2.3 billion to the Irish economy each year and supports 12,000 jobs in rural Ireland. But with some 78 per cent of the output exported overseas, the implications of Brexit are obvious.
A row has erupted over a controversial decision by Dun Laoghaire Rathdown county council to place land around Leopardstown racecourse on its Vacant Sites Register.
- 3,323 individual claims for Income Protection during 2017; on average claimants received €22,659
- Mental health and back pain were the main reasons for claims (20% each) followed by cancer (17%)
- Irish Life paid more than €1 million each week to people who were injured or too ill to work
- Between 2015-2017, 2,474 people who claimed Income Protection benefits have recovered sufficiently from their illness and returned to work
On this week's podcast, Mark Paul talks to Ciarán Hancock about Irish-owned Smyths Toys €79 million European expansion.
Mark Paul and Simon Carswell talk to Ciarán Hancock about the latest developments in the INM saga. Also, Eoin Burke-Kennedy has the details of the government’s latest Stability Programme Update. But first, Laura Slattery has a roundup of some of the other stories this week, including the appearance of senior Facebook executive Joel Kaplan at an Oireachtas Committee.
In Irish Life we take data privacy and security very seriously. In preparation for GDPR we have finalised our Data Privacy Notice and posted it on our website. We will notify individual members of DC and AVC pension schemes of its availability over the coming months. We want to reassure you that we will be fully compliant with the new legislation. We will continue to process data correctly and responsibly.
Irish Life, the leading provider of Income Protection benefits in Ireland*, paid out over €57 million to people who were unable to work due to illness or injury during 2017. A review of Irish Life’s claims data provides a snapshot into the health of the working population in Ireland, and includes an overview of the types of illnesses that led to more than 3,000 people receiving Income Protection payments in 2017 due to illness or injury**
