Monthly Archives: August 2015

Members oppose takeover of credit union by rival lender

The board of Maynooth Credit Union has agreed to it being merged with the larger Naas CU, with funds to support it being provided by a League of Credit Unions bailout fund as part of a rescue operation. But more than 80 members of Maynooth attended a meeting in the town earlier this week, raising…
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Using life insurance to beat inheritance tax

Over the last few years, the Government has reduced the tax-free threshold for capital acquisitions tax (CAT) to €225,000 for people who stand to inherit assets when their parents die. So if a deceased husband and wife willed their family home worth €1,000,000 to their three children, then (and as long as they had not…
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Aviva Ireland reports 80% jump in H1 profits

Profits across Aviva Ireland’s three businesses rose by 80 per cent to €45 million in the first half of the year, up from €25m in 2014, as the insurer said it is in a good position to take “full advantage” of the economic recovery. Hugh Hessing, Aviva Ireland chief executive officer, said the results show…
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