Economy

Avantcard to charge interest that depends on your credit rating

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. It is the first time so-called personalised pricing has been introduced in this market for any form of consumer borrowing, and the move may spur other card providers to follow its lead. Leitrim-based Avantcard, […]

Poor credit history? Late payers now facing extra charges on credit cards

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. Provider Avantcard is introducing the tiered interest rates, the first personalised pricing for any form of consumer borrowing in this country. It is likely to spur other card providers to follow […]

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. An Economic and Social Research Institute (ESRI) paper found that high-income households are the big winners from the tax treatment of pension contributions. It says cutting the tax relief for putting money into a pension should be considered. However, pension experts said […]

Counting the costs of return to work

Returning to work after a baby is a bittersweet time, and difficult for a mum juggling the guilt of leaving their newborn with (maybe) the relief of being among adults again. So imagine the added challenge when you‘ve been out of the workforce for years on a career break, concerned your skills are so out of date you‘ll be useless. […]

People moves: UK pensions trade body names policy board chair [updated]

PLSA, USS Joint Expert Panel, Bayerische Versorgungskammer, EZVK, Association of Consulting Actuaries, Aon, BlueBay Asset Management, Martin Currie, TISA, Newton Pensions and Lifetime Savings Association (PLSA) – Emma Douglas, head of defined contribution (DC) at Legal & General Investment Management, has been appointed chair of the UK association’s new policy board. Creating a policy board was one of the changes announced at […]

UK pension lifeboat fund makes two senior appointments

The UK’s Pension Protection Fund (PPF) announced two senior appointments this week: a head of environmental, social and corporate governance (ESG) and a new chief risk officer (CRO). Stephen Wilcox is the £29bn (€33bn) fund’s CRO, replacing Hans den Boer, who had worked at the PPF for three years. Wilcox joined the PPF from Allianz Insurance, where he was chief risk officer. […]

Phenom People Named One of Inc. Magazine’s Best Workplaces 2018

HORSHAM, Pa., May 24, 2018 (GLOBE NEWSWIRE) — , the leader in Talent Relationship Marketing, today announced it has been named one of Inc. Magazine’s Best Workplaces for 2018, the publication’s third annual ranking in the fast-growing private company sector. Hitting newsstands yesterday in the June 2018 issue, and as part of a prominent inc feature, the award is the […]