October 2012

PENSION FUND charges are eating away as much as one euro in every six

PENSION FUND charges are eating away as much as one euro in every six (17.4 per cent) of retirement savings in occupational schemes, according to a report on charges published last night. The figure is dramatically higher for those with individual pension arrangements – such as personal retirement savings accounts (PRSAs) and executive pensions – …

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Bitesize Global Overview… Oct 22nd 2012

Equity markets gain – Equity markets rebounded from the previous week’s losses after upbeat economic data, good earnings results and a statement from Moody’s regarding Spain’s credit rating. US economic data – US housing starts well exceeded economists’ forecasts, after jumping to an annual rate of 872,000 in September. With building permits also increasing, these …

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AIB and EBS launch product for those in negative equity seeking to trade up.

AIB and subsidiary EBS have launched a negative equity trade-up mortgage that will allow customers in negative equity to trade up to a larger property and take their debt with them. The companies said the product was being rolled out in response to customer demand. Increasingly, people find the properties they bought in the boom …

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Don’t leave it too late to make the most of your Tax Relief!

Is this your last chance to qualify for 41% Tax Relief on your Pension….? The programme for recovery includes a proposal to reduce marginal relief from 41% to 20% – and recent commentary continues to support… John Moran – Secretary General, Department of Finance – Conference 25th September 2012 “Secretary general of the Department of …

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