Archive for the 'General' Category

Are you a DIYer, a Validator or a Delegator?

Speaking to a lot of people over the years about personal finance, not everyone needs or wants to use a financial advisor. You can generally be classed in one of three different categories. These categories can apply to almost everything. DIYers The DIYer is happy look after their personal finance themselves and can’t see the […]

Read More

10% deposit for First Time Buyers

The Central Bank published their Review of the residential mortgage lending requirements last Wednesday. This was a review of the mortgage lending restrictions that they introduced in January 2015. They were under a lot of pressure from all sides to review these rules and make changes to them. The biggest change is the 10% deposit for […]

Read More

Biggest mistakes in mortgage applications

Buying a new home is a very emotional time for people. It is such a huge event, especially for first time buyers who are going to get their own place for the first time. The problems arise when you try to get a mortgage. It’s not easy. The banks hold all the cards and they […]

Read More

What should we do about commissions?

The Central Bank published a Discussion paper on the payment of commissions. They are looking for people’s opinions on the payment of commission to intermediaries. This is a topic that is always hotly debated. I am going to look at some of the problems with commissions and some solutions. The problems with commissions 1. Too […]

Read More

The Central Bank’s Consumer Protection Outlook

This week, the Central Bank issued their Consumer Protection Outlook Report for 2016. It is always interesting to read what concerns the Central Bank regarding the advice given to people and what areas they are going to target for their inspections during the year. Cultural Changes The Central Bank see the absence of a consumer […]

Read More

Moving from employee to IT daily rate contract

I have been doing a lot of work over the last few months with clients who are moving from employee positions to IT daily rate contract. Good IT consultants are worth their weight in gold with daily rate contracts ranging from €500 – €800 per day for those with high levels of expertise. Most contractors […]

Read More

The forgotten victims of Custom House Capital

On 21 October 2011, liquidators were appointment in the case of Custom House Capital. The investment company was known for attracting high net worth clients before it went bust. In the latest court case in November, there were allegations that Harry Cassidy and John Mulholland embezzled in excess of €2.3m for their own benefit. But what […]

Read More

The Sunday Times article

Read More

The Sunday Times Article

Read More

Anti-Money Laundering Requirements

If you’ve opened a bank account or made an investment recently, you would have been asked to provide a copy of your passport or driving licence and a recent utility bill. The reason for this is anti-money laundering requirements; ensuring that you aren’t trying to launder illegally earned money or finance terrorism. As a financial […]

Read More