This morning David discusses the announcement by Minister for Finance Michael Noonan regarding the end of the Bank Guarantee Scheme. He also gives advice to listeners in relation to Mortgage arrears, Investing money and Pension schemes.
Question: I have been in the same job for the last 15 years and have now been told that I am being made redundant. I have built up monies in the company pension plan and I am wondering what should I do?
Answer: I am making an assumption that you are in a defined contribution scheme with your employer, which is the most common structure in the private Read more..
This morning David gave advice to listeners in relation to Pension plans, Tracker Mortgages and getting a deal when clearing a loan.
Issue: An extremely upset listener has contacted me to advice that they had both an intimidating and humiliating experience when they tried to open a second account with their bank.
Comment: I feel this is just too important an issue to put a blog up, you need to listen to the Podcast below to understand my comments on above.
After a listener had an intimidating experience when trying to open a bank account, David discusses how banks are using what should be a straight forward process as a means to obtain a customers financial profile.
Comment: Since the program last week, during which I believe that the Government took the right step with regard to liquidating IBRC, we have had revised details regarding the ‘famous’ promissory notes. Rather than repeat the details Read more..