Ireland

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Norton Rose Fulbright | Essential Pensions News | February 2017

The Appellant, Denise Brewster, had been cohabiting with Lenny McMullan for 10 years, and engaged to him for 2 days, when he died suddenly on Boxing Day 2009. Mr McMullan was a member of the Local Government Pension Scheme in Northern Ireland. Click he ...

Resource Article - twallace@abiwor... - 03/22/2017 - 15:21 - 0 comments - 0 attachments

Mortgage Arrears Continue To Decline As Economy Picks Up

The number of owner-occupier mortgages at least three months in arrears fell 3.7 per cent during the final three months of 2016, marking the 13th consecutive quarterly decline, as the economy continued to improve and banks restructured their soured loans ...

Daily Headline - global.abi.org - 03/16/2017 - 21:21 - 0 comments

Unions and Management at Bus Éireann Clarify Stances

Trade unions have acknowledged that the eradication of inefficiencies at Bus Éireann may result in some staff earning less than at present, the Irish Times reported. In letters to the company on Wednesday, they said that any losses incurred by member ...

Daily Headline - global.abi.org - 03/15/2017 - 20:40 - 0 comments

Dublin Sees Future as Hub for Financial Firms Fleeing Brexit

Britain's plans to leave the European Union threaten to cause Ireland all kinds of economic and security headaches. But a silver lining is expanding daily along the crane-filled banks of the River Liffey, a likely post-Brexit refuge for British bank ...

Daily Headline - global.abi.org - 03/14/2017 - 22:59 - 0 comments

Europe Warns Irish Banks on Non-Performing Loans

The resolution of non-performing loans (NPLs) by Irish banks needs to “regain momentum” while plans to give the Central Bank powers to cap mortgage interest rates could prevent lenders from generating “sustainable profits” and deter new entrants to the m ...

Daily Headline - global.abi.org - 03/12/2017 - 20:26 - 0 comments

PTSB ‘En Route To Closure’ On €700 Million Of Mortgages In Arrears

Some €700 million worth of non-performing mortgage loans (NPLs) across 1,560 accounts at Permanent TSB are “en route to closure” through a legal process, the bank’s chief executive Jeremy Masding warned yesterday, the Irish Times reported. In additio ...

Daily Headline - global.abi.org - 03/09/2017 - 20:58 - 0 comments

CIÉ to Support Bus Éireann Financially in Some Circumstances

The CIÉ Group has confirmed it is prepared in certain circumstances to provide financial support to assist Bus Éireann in dealing with its financial problems, the Irish Times reported. Details of the move emerged as new talks between Bus Éireann and ...

Daily Headline - global.abi.org - 03/06/2017 - 21:38 - 0 comments

Clonmel Holds ‘Save Our Bus’ Meeting Over Planned Service Cut

More than 100 people turned out in Clonmel on Thursday night to protest against the decision by Bus Éireann to close the town’s regular service to Dublin, the Irish Times reported. The “Save Our Bus” meeting was organised by the National Bus and Rail ...

Daily Headline - global.abi.org - 03/03/2017 - 08:45 - 0 comments

Bus Éireann Dispute: Both Sides Must Face Hard Reality

Faced by the industrial relations equivalent of a perfect storm, Bus Éireann stopped short yesterday of proceeding immediately with some of the most controversial elements of a survival plan it says is essential to its future, the Irish Times reporte ...

Daily Headline - global.abi.org - 02/27/2017 - 22:04 - 0 comments

All-Out Strike at Bus Éireann Now Seems Likely After Collapse of Talks

An all-out indefinite strike in Bus Éireann, which could spread to other parts of the public transport sector, now seems likely after the collapse of talks on Tuesday aimed at resolving the financial crisis at the company, the Irish Times reported. T ...

Daily Headline - global.abi.org - 02/21/2017 - 23:14 - 0 comments

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