On 26 June the Government announced details of compensation payments for women who were admitted to and worked in the Magdalen Laundries. The payments will range from a minimum €11,500 for those who stayed 3 months or less) to a maximum €100,000 for a stay of 10 years or more. Payments rise by €1000 […]
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Compensation
Payment Protection Insurance Investigation – the Latest
Back in July 2012 the Central Bank announced that 7 firms in Ireland were being told to review all their PPI sales since 2007. It did not name the firms at the time. Today the Central Bank of Ireland has named 6 of the 7 involved in the review of possible mis-selling : They are […]
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Ulster Bank Compensation Details
Ulster Bank have finally announced details of compensation arrangements for Republic of Ireland customers affected by the IT problems in June and July of this year. Ulster Bank have always stated that “no one will be left permanently out of pocket”. Refunds: The bank states that any fees and interest that were charged as a […]
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Ulster Bank Problems – Now Fixed They Say
The latest information on progress on the IT problems at Ulster Bank Ulster Bank say that the majority of their accounts are now showing up to date account balances for customers. “All of our systems are running as normal in the timeframes we would expect and normal service has now been restored for the majority […]
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Seven Irish firms Ordered to Review PPI Sales
The Irish Central Bank today released the findings of its latest inspections of the sale of Payment Protection Insurance (PPI). As as a result, the Central Bank is requiring all of the the seven firms inspected to carry out a comprehensive review of all their PPI sales from August 2007 onwards. The review is to […]
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