Pension tax relief cut could save €1bn a year - ESRI
A State-supported think-tank has questioned the level of tax relief given to people for saving for a pension.
A State-supported think-tank has questioned the level of tax relief given to people for saving for a pension.
Big technology companies present the largest challenge to conventional banks, the head of Bank of Ireland UK has said.
Customers with poor credit histories will be charged more than people who have always paid their bills promptly, as "personalised pricing" is introduced in Ireland for the first time.
CREDIT card provider Avantcard is to introduce tiered interest rates, with those with poor credit histories being charged more than people who pay their bills promptly.
Most people who have health insurance are overpaying because of their failure to switch provider to get a better deal, insurance experts said.
These are worrying times for car users in this country. The cost of petrol and diesel is rising, public transport options are becoming more difficult by the day due to overcrowded trains and buses, there are fears that the tax on diesel will rise in the next Budget, and insurance costs continue to be high.
Urgent legislative changes have been called for to prevent cartel-type operations in the motor insurance industry.
Thousands of people who have been paying nothing on their mortgages for years are the reason variable rates are so high in this country, it has been claimed.
Insurance policyholders are being denied access to information needed to hold insurers to account, a leading business body has claimed.
Hundreds of homeowners have had their monthly mortgage repayments calculated incorrectly by the largest credit servicing firm in the State.
Massive variations in the cost of common dental treatments across the country have been uncovered in a new survey.
PTSB has confirmed that it is withdrawing around 4,300 homes linked to performing split mortgages from its €3.7bn sale of distressed loans.
Mortgage lender EBS is to cut its fixed rates for new and existing customers.
CONSUMERS are piling into investment funds in reaction to banks paying almost nothing in interest on savings accounts.
Banks operate in a bubble. For this reason they would be well advised, when they intend to announce something or change some aspect of their operations, to test it in advance to see how it is likely to go down in the real world.
The AIB banking group has been accused of playing Big Brother with its customers after it emerged that it spies on customers' social media accounts.
People power has delivered a huge victory, undermining an underhand attempt by the Government to charge those with health insurance on the double.
Property prices continue to soar at double-digit percentage rates, rising at an even faster pace in March than in the previous month.
Property prices rose again in March, at an even faster pace than the previous month.
A second health insurer has announced price cuts and is to offer its customers more benefits on their health plans.
INSURERS have blamed big pay-outs for the high cost of insurance.
A SECOND health insurer has announced price cuts and is to offer its customers more benefits on their health plans.
Tax on savings built up in investment funds is punishing prudent households and risks driving long-term savers into using less suitable short-term accounts instead.
What are the chances that the latest loss of day-to-day banking for some at Ulster Bank will prompt more people to switch bank accounts? Don't hold your breath that the latest episode of a bank being unable to carry out basic functions will spur more people to move their accounts to a different provider, would be my answer.
The vast majority of firms have reported an increase in business insurance premiums.
LIFE and pensions company Irish Life has reported a net profit of €28m for the first three months of the year.
The wealth of households is now back to pre-crisis levels, the Central Bank reports.
The cost of renting a home continues to surge to levels well above those seen during the Celtic Tiger.
Frustrated EBS customers have complained about being unable to access their accounts online.
A group campaigning for reforms in the insurance sector has called for representatives of policyholders to be appointed to the State body that deals with injury claims.
ULSTER Bank has been hit again by problems processing payments.
Health insurer Vhi is to cut its prices for the third time in less than a year. It comes after it reported a 33pc jump in profits.
HEALTH insurer Vhi is to cut its prices for the third time in less than a year.
Older people own a huge proportion of the wealth in this country, new research indicates.
There has been a fall in the number of people getting the go-ahead from a bank to take out a mortgage as house prices continue to rise.
Most people admit to going to the shops for a specific item but coming home without it.
People who took out health insurance to avoid age-related penalties have been warned they are now likely to be overpaying for their cover.
The future of the humble post office could be radically different under new plans to transform the network. Currently, post offices are places were people go to buy a stamp, or collect the State pension.
Thousands of drivers are on their third learner licence or more, new figures reveal.
Thousands more tracker mortgage overcharging cases have been owned up to by Ulster Bank and AIB.
Ulster Bank has been called on to carry out a comprehensive review of its payments systems after customers were hit by funds disappearing from their accounts.
BANKS have owned up to thousands of new tracker mortgage cases.
Ulster Bank has said it has now resolved the problem which yesterday left around 600,000 customers out of pocket.
ULSTER Bank has offered customers affected by the disappearance of money from their accounts the option of getting emergency cash.
The level of house building in this country is one of the lowest in Europe, despite the rapid population growth.
Money is the biggest source of worry for people despite the economy's strong growth.
There has been a lot of focus on the plight on people who want to buy their first home, but those who want to move get little attention. Often there are considerable obstacles for want-to-be movers.
A new study on the amount of pension money owed to employees by their employers and the State shows that most of it is accounted for by the State pension.
THERE has been a fall in the number of claims made to the State body that handles insurance awards, raising questions about sharp rises in premiums.
Businesses are demanding that a specialist garda unit to investigate false insurance claims be set up without delay.
THE Central Bank has prohibited another former Rush Credit Union official from working in a senior role in financial services.
SAVERS have been warned they will find it harder to access their money unless they act soon to shut their RaboDirect accounts.
Banking giant AIB is accused of failing to refund most of those who lost trackers from its subsidiary EBS.
The lady was not for turning. She was adamant that property was the best investment, despite the country having recently emerged from one of the worst property crashes in the western world.
THE scenes of people camping out in the rain this week, for a chance to put a deposit down on a new house, were an ugly reminder of the property boom years.
TENS of thousands of people would be ready to move or buy a home - but too few new properties are being constructed.
Property prices are rising at their fastest rate in nearly three years.
Property price rises show no sign of easing.
The lack of housing poses a “serious national challenge and threat” to the economy, a highly influential report warns the Government today.
Thousands of people in long-term mortgage arrears are failing to engage with their lenders, new Central Bank research shows.
AIB and Bank of Ireland are under mounting pressure to cut their mortgage rates - after three other lenders did so in recent weeks.
Renters who live near Dart and Luas stops in Dublin have seen the costs of accommodation rise.
A recent survey found that a third of people say they are still paying for the financial mistakes made in the past.
AIB has been accused of misleading customers who were denied tracker mortgages by writing to them to tell them they would have paid more if they got a tracker rate.
VIABLE farms and business are being left at risk of seizure from vulture funds because the main banks no longer develop real relationships with their borrowers, the State’s credit watchdog has warned.
The Department of Finance warned that a Government-back mortgage scheme for low earners would involve risks for the State.
RIVALS of Vhi are ready to cut their prices in response to dramatic reductions in premiums announced by the company in the past few weeks.
A group set up to demand lower business insurance premiums has criticised the Government minister tasked with reforming the sector.
THE pressure on rental costs in Dublin is now spreading to its neighbouring commuter counties.
Car insurance costs are falling, according to official statistics. The cost of cover fell by 12.8pc in the year to February, according to the Central Statistics Office (CSO).
Bankrupts will not be listed on a new State credit register designed to make lending safer.
If the banks and their regulator thought they could draw a line under the tracker scandal and move on, then they have been mistaken - this one is due to run on for a bit yet.
Ordinary taxpayers continue to pay the price for the near bankrupting of the State when the banks collapsed a decade ago.
ULSTER Bank has written to its business customers to tell them it is increasing its banking fees.
THERE has been a fall in the number of people applying for official debt deals.
Another bank has raised the stakes in the mortgage war with new cuts to interest rates.
NEW research shows that the number of people with a savings account has risen.
Property prices are now rising at the fastest pace in almost three years.
THE Government has been accused of not doing enough to ensure motor premiums are reduced.
PROPERTY prices have continued to rise this year.
Credit unions have been accused by the Central Bank of issuing loans without assessing if members are able to repay the borrowings.
Patients in Ireland visit their general practitioner on average three times a year and spend €171 each in the process.
Ulster Bank has kicked off a new round of mortgage wars with a string of cuts to its fixed mortgage rates.
Are much-needed reforms of the motor insurance sector stalling due to a lack of enthusiasm from the Government? That is certainly the conclusion that is hard to avoid when considering the latest update of the Government's Cost of Insurance Working Group, put in place to implement large-scale change to tackle surging insurance costs.
A leading credit union body will not commit to asking the lenders it represents to stop allowing staff to enter controversial prize draws.
THE Central Bank has found major issues with the way many credit unions conduct car draws.
Thousands more tracker denial cases have yet to be resolved and owned up to by the main banks, a leading expert in the area has told the Oireachtas Finance Committee.
They say it is an ill wind that does not benefit someone.
Freezing temperatures pushed gas demand far above the seasonal norms at the end of February.
A state watchdog has recommended more regulation for firms that provide personal contract plans (PCP) for car finance.
The One Big Switch campaign has done a deal with Bord Gáis that will see those who sign up saving hundreds of euro on electricity and making big discounts on dual fuel.
Consumers were in a more downbeat mood last month as they pulled back on spending and took a more cautious view of the prospects for the economy.
Medical practitioners have a lot to answer for in this country. When it comes to our problems with spurious personal injury claims the finger often gets pointed at a minority of dodgy lawyers. But GPs and consultants are big earners and big players in our whiplash culture.
Property price rises in Ireland were the third highest in the world last year.
Banks are to refund fees and other charges for those who miss payments due to Storm Emma.
Banks are to waive fees and other charges for those who miss payments due to Storm Emma.
More health insurance price cuts have been announced. Irish Life Health said it will reduce the premiums on 15 of its non-advanced plans, with effect from the start of next month.
KERRY-based financial services company Fexco has made its seventh acquisition in Britain, in a move that increases its foothold in the retail foreign exchange market there.
Post offices have been running out of cash, as panic grips the country due to the severe storm.
The move by the Central Bank to tighten lending rules at the start of this year has failed to dampen the mortgage market.
The Government has made a massive miscalculation if it thinks people in this country are prepared to cut the banks any more slack, especially if they sell home mortgages to vulture funds.
Homeowners with a variable-rate mortgage have some big decisions to make in the coming months. Eurozone interest rates are on the rise. It may not happen this year, but it is pretty certain that European Central Bank rates will rise next year.
A VULTURE fund has bought my mortgage.
House building continues to pick up, while the Irish love affair with the semi-detached homes shows little sign of waning.
SURGING insurance premium costs and frequent claims are forcing large numbers of retailers to self-insure.
Savers have been dealt a new blow after savings bank RaboDirect confirmed it was closing down.
Thousands of homeowners whose mortgages are being sold are refusing to engage with Permanent TSB, the bank has claimed.
The vultures look set to ultimately have their wings clipped after Taoiseach Leo Varadkar said he is to consider extra protections for mortgage holders whose loans are sold by banks.
The proportion of people saving regularly has dropped. That probably comes as a surprise to no-one given the miserly interest rates banks are paying on deposits. The latest Bank of Ireland/ESRI Savings and Investments Index shows that there has been a fall in the percentage of people saving in January to 50pc, from 53pc in December.
The chairman of Bank of Ireland, Archie Kane, is understood to have indicated that he plans to stand down after almost six years overseeing the lender.
Rental costs were up again in January despite the rate of inflation falling back, new official figures show.
Retail competition and the traditional discounting at the start of the new year meant the consumer price index fell to 0.2pc last month when compared with the same month last year.