IFG to keep Irish status

Financial services group, IFG has said it has no immediate plans to de-list its shares from the Irish Stock Exchange, nor move from its Dublin headquarters, despite shifting its entire operating focus towards Britain.

In August, the Booterstown-based pensions specialist announced the sale of its Irish operations, with the Irish arm of global insurance group, Willis Group, snapping up the main pension administration and advisory business for €13.5m.

In a trading update, published yesterday and covering the first 10 months of this year, IFG said that it remains in discussions regarding the sale of ARB — the group’s smaller general insurance business, here —although a transaction is not imminent.