UK insurer Aviva, which has substantial operations in Ireland, is considering acquisitions in Poland and Turkey, its chief executive said, as it reported a 2% rise in operating profit and said it planned to return £500m (€560m) to shareholders.
Fri, 09 Mar, 2018
Brand new to the Cork market this week is a prime office investment opportunity, for sale via agents Lisney, at 26/27 South Mall, writes .
Thu, 18 Jan, 2018
The Supreme Court has upheld an order requiring developer Gerry Gannon to pay an investment company €320,667 damages over his failure to complete the purchase of a lease for a building next door to his Dublin 4 headquarters.
Tue, 21 Nov, 2017
Aviva Ireland wants to increase its market share in pensions and life-assurance, having completed a €130m acquisition of Friends First, writes.
Wed, 15 Nov, 2017
Aviva Ireland wants to increase its market share in pensions and life-assurance, having completed a €130m acquisition of Friends First.
Tue, 14 Nov, 2017
A legal row has erupted in relation to the development of a shopping centre at Blackrock in Co Dublin.
Tue, 25 Jul, 2017
Thu, 15 Dec, 2016
European elections, Brexit talks, and the policies of US president-elect Donald Trump are among the “immense risks” facing the Irish economy in 2017, economist Jim Power said in his annual assessment for investment firm Friends First.
Wed, 07 Dec, 2016
Wed, 28 Sep, 2016
A new government will face huge challenges to mend and invest in tattered public services at a time when public finances are still “constrained”, Friends First economist Jim Power has predicted.
Wed, 27 Apr, 2016
Concerns are being raised about the number of people who have not signed up for a pension.
Tue, 29 Sep, 2015
The general consensus among exploration companies with Irish assets is that the Government’s new fiscal/tax terms need to be revised to take account of the new low oil price environment.
Wed, 29 Jul, 2015
Avolon Airspace CEO Domhnal Slattery is liable for more than $10m (€9m) to Friends First under a personal guarantee following a Court of Appeal finding “sharp practice” lead to a clause being “slipped” into a deed which, unknown to the lender, removed that liability.
Sat, 11 Jul, 2015
A Garda investigation is under way in relation to life insurance policies worth €2.2m taken out on a woman who died in a tragic drowning accident in India last year, the Commercial Court has heard.
Tue, 07 Jul, 2015
Profits at the firm that operates jobs.ie last year rose 19% to €2.54m. The Dublin-based jobs portal is a subsidiary of Saongroup. New accounts show the business paid a dividend of €10m to its parent on August 31 last.
Thu, 04 Jun, 2015
The biggest threat to Ireland’s economic recovery is local political upheaval as opposed to events in the wider eurozone economy or the UK, according to one leading economist.
Thu, 04 Jun, 2015
As many as 700,000 people fear that they will not have sufficient income when they stop working with an even greater number depending solely on the state pension to provide for their retirement.
Tue, 18 Nov, 2014
Billed as Cork City’s "last great retail site of note", a plot of more than half an acre on St Patrick’s St and Grand Parade — including the Capitol Cinema site and Central Shoe Stores — goes for sale next week.
Sat, 18 Oct, 2014
Financial adviser Gary O’Flynn was jailed for three years — with the last two years suspended on his undertaking never to apply for a certificate to act as a solicitor.
Fri, 04 Jul, 2014
Thu, 19 Jun, 2014
A Cork solicitor and financial adviser was jailed last night after a jury returned 13 guilty verdicts against him in his deception trial.
Thu, 29 May, 2014
A solicitor and financial adviser has been put on trial on charges related to the alleged theft of thousands of euro made by two people who turned to him for advice on dealing with repaying their debts.
Thu, 22 May, 2014
While Ireland’s economy is showing modest signs of recovery, the growth outlook remains challenging and the Government will need to retain a tight fiscal policy all the way out to 2020, one leading economist has warned.
Wed, 13 Nov, 2013
The outlook for the Irish economy into 2014 is generally positive, according to a report to be published by Friends First later.
Tue, 12 Nov, 2013
Up to 71% of employees in Ireland are now investing in a pension, according to the Friends First annual pension research published today
Tue, 10 Sep, 2013
Thu, 28 Feb, 2013
Shares of EMC, the world’s biggest maker of storage computers, tumbled after forecasting full-year profit that trailed analysts’ estimates and as VMware, the software maker it mostly owns, said it is considering job cuts.
Wed, 30 Jan, 2013
Businessman Dómhnal Slattery’s action against Friends First Life Assurance Company, which he alleges threatened to pursue him for almost $10m (€7.6m) under an alleged guarantee over funds issued to buy a hotel in Washington DC, has opened before the Commercial Court.
Wed, 05 Dec, 2012
Finance Minister Michael Noonan is facing the next round of talks aimed at getting a deal on reducing Ireland's bank debt today, but chief economist at Friends First Jim Power says that it is too late for senior debt relating to Anglo Irish Bank and Irish Nationwide, with much of it already having been paid.
Tue, 17 Jul, 2012
Quitting cigarettes could result in savings of as much as €9,000 on life insurance, according to a price comparison survey by the National Consumer Agency.
Wed, 14 Mar, 2012
Friends First Finance Ltd is seeking summary judgment totalling €4.6 million against the widow of deceased property developer Liam Maye over guarantees she gave on loans to the couple’s three daughters for equity fund investments.
Tue, 24 Jan, 2012
We shouldn’t get carried away with all the talk of an agri-boom restoring the country’s fortunes, writes
Sat, 24 Dec, 2011
A study published today has predicted that the Irish economy will grow 1.4% next year, but house prices are likely to fall by 8% and unemployment to average 14.1%.
Wed, 30 Nov, 2011
MORE than a third of people surveyed said they don’t have a pension, while one in five cannot meet all of their monthly financial commitments.
Wed, 14 Sep, 2011
IRELAND and Portugal were the only European Union member states to register declines in consumer spending during the second quarter of this year, despite an average quarter-by-quarter rise of 2.5% across the EU.
Tue, 06 Sep, 2011
CENTRAL Bank chief Patrick Honohan has warned that if the economy doesn’t recover at a relatively strong pace in the coming years then the Government’s ability to deliver the €15bn four-year budgetary/fiscal adjustment could be under threat.
Thu, 07 Apr, 2011
Friends First has issued a snapshot of the current state of the Irish economy and its view on efforts the new Government should take to rebuild our reputation.
Wed, 30 Mar, 2011
THE Financial Services Ombudsman should have decided whether a company of investment advisers is entitled to see certain documents from a credit union before ruling on a complaint over the loss of the credit union’s entire €1 million investment in a bond which collapsed in value, the High Court has found.
Wed, 16 Feb, 2011
Business confidence among Irish brokers has deteriorated significantly in the last six months, according to a new survey.
Mon, 06 Dec, 2010
Tens of thousands of homeowners struggling to pay their mortgages will not be given a bailout, Finance Minister Brian Lenihan declared today.
Wed, 17 Nov, 2010
Friends First is recommending that taxes be raised and the tax net widened ahead of the Budget next month.
Wed, 17 Nov, 2010
THE cost of state borrowing hit a high of 7.85% on bond markets yesterday as investors fear Ireland will default on its debts.
Tue, 09 Nov, 2010