Holly Cairns’ comments begged the question – will the next generation ever be able to afford to retire?

By |2023-03-24T10:33:56+00:00March 24th, 2023|Lifestyle Financial Planning, Pensions, Personal Finance, Retirement Planning|

When Holly Cairns claimed during her opening address to the Dáil as the new leader of the Social Democrats that she comes from the first generation that will be financially worse off than its parents, spats ensued on social media between baby boomers recalling the economic hardships of the 1970s and 1980s and younger generations who face

Collapse of US banks could lead to a rethink on ECB’s interest rate hikes

By |2023-03-16T10:40:50+00:00March 16th, 2023|Banking|

The collapse of America’s Silicon Valley Bank (SVB) may force the European Central Bank (ECB) to rethink its plans for a string of interest rate rises this year. Economists said the ECB was still expected to announce a 0.5 percentage point rise this Thursday. Some ECB governors had called for four rate rises this year.

More Than Half Of Us Are Expecting To Retire After 65

By |2023-03-10T10:44:29+00:00March 10th, 2023|Pensions, Retirement Planning|

More than half of workers expect to stay in employment beyond the usual retirement age of 65, a new survey has found. But working longer will lead to a higher State pension, under proposed new rules. Major changes to the State pension, described as the "biggest ever structural reform" of the system, were proposed in September

1,900 AIB Customers Received 90% Debt Write Off

By |2023-03-03T10:13:54+00:00March 3rd, 2023|Banking|

Around 1,900 AIB customers are part of a select group who have seen at least 90% of their debt written off, it has been confirmed. After the revelations that hurling legend DJ Carey had millions of euro written off his debt, AIB will today tell an Oireachtas committee that 1,900 borrowers - or 1% of their financially struggling customers

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