Government proposals that could see the income tax relief on pensions cut would be calamitous for middle earners, a leading investment company has warned. Halving the reliefs would lead to a mass exodus of middle-income earners from retirement schemes, Standard Life warned. The pensions provider said reducing tax relief will mean it costs higher-rate taxpayers […]

For all his promises to “promote fairness” in his 2019 Budget, Finance Minister Paschal Donohoe’s measures will see some sections of society falling further behind, with pensioners the largest single group to see their position eroded, according to a new study. The Economic and Social Research Institute assessed the impact of the budget changes compared […]

Russian banks are among the heaviest users of Irish special-purpose entities (SPE), a class of unregulated structure used to raise funds. Securitisations – which bundle masses of mortgages, car loans, consumer or business loans into structures that can be borrowed against by banks and others – have become relatively well known since the financial crisis. […]

Almost one in two people are concerned that they are financially unprepared for retirement, according to a savings and investment index from the Bank of Ireland and the Economic and Social Research Institute. The Retirement Optimism reading dropped sharply to 99 in November from 105 in September. It is part of an overall Savings and […]

A quarter of Irish businesses will struggle in terms of digital transformation in meeting evolving customer demands within five years, a newly launched index has shown. Dell Technologies Digital Transformation Index (the DT Index), completed in collaboration with Intel, benchmarks 4,600 businesses across 42 countries across the globe. The study revealed that an overwhelming majority […]