The Government was accused last night of reversing a commitment to scrap the pension levy, with the Budget 2014 announcement that it will actually increase next year.

Strong new business momentum helped drive profit and revenue growth at pensions provider IFG during the first half of this year.

Financial services group IFG is likely to play an active role in an expected wave of consolidation within the financial advisory and pensions administration sectors, in the next couple of years.

A call to end the “apartheid” which gives defined benefits pension holders a potential €64,000 a year advantage over those in defined contribution schemes, has been made by IFG Corporate Pensions.

Staying at home for four to five years to look after new born children can cost a mother up to €200,000 in pension contributions.

FINANCIAL services firm IFG has signed a “partnership agreement” with Cork-based Quintas Wealth Management that will lead to the creation of up to 10 jobs.

FINANCE Minister Michael Noonan, who is suffering a public backlash after imposing the controversial private pensions levy, will be able to pick up a pension of just under €2,000 every single week within two years.

IRELAND’S pension time bomb continues to tick with latest figures revealing just one in two workers have a pension.

ONE third of Irish heads of sales will get back to hiring staff in 2011 according to figures from the Sales Institute of Ireland and Amárach Research.

CHARGES associated with private pension funds are costing many people up to €100,000 in lost pension earnings, a study undertaken by IFG Corporate Pensions has found.

Cork: Worries over under- funding of defined benefit pension schemes has led 70% of scheme members to consider moving to alternative investments.