Cork South Central Constituency

Local News Stories

Ombudsman must review sale of whole of life assurance policies – FF

Fianna Fáil Finance spokesperson Michael McGrath has expressed concern over possible mis-selling of whole of life assurance. These are policies where customers purchase cover that provides a lump sum in the event of their death as well as purchasing units in an investment fund. The policies typically have a premium review clause after an initial 10 year period and then each subsequent 5 years up to age 70 and annually thereafter. Read More

Loss of 160 jobs at MBNA call centre a devastating blow – FF

Fianna Fáil Spokesperson on Finance Michael McGrath has expressed his deep concern at the announcement that MBNA is to close its call centre in Carrick on Shannon with the loss of 160 jobs. Read More

NAMA must also focus on Ireland’s long term strategic needs – FF

Fianna Fáil Finance spokesperson Michael McGrath has called for NAMA to take greater consideration of Ireland’s long term economic and social needs as it works through the remaining loans on its books. Read More

Early repayment of IMF loans opens up large potential saving for Ireland – McGrath

The IMF's confirmation that Ireland may repay its loans to the Fund early without any penalty whatsoever opens up the possibility of a very significant annual saving for the State and every effort must be made by the government now to achieve this, according to Fianna Fáil Spokesperson on Finance Michael McGrath. Read More

Proposed water charges will fleece families with grown up children living at home – McGrath

Firm evidence is needed to back up the 45% reduction in the water allowance for children and changes are needed to take account of the burden of water charges for young adults, according to Fianna Fáil Spokesperson on Finance Michael McGrath TD. Read More

Central Bank needs to protect customers and rigorously assess banks’ IT systems – McGrath

The Central Bank needs to rigorously assess the IT systems of banks operating in Ireland following a series of IT issues which have had a major impact on customers, according to Fianna Fáil spokesperson on Finance Michael McGrath. Read More

Govt Needs to Push Forward on National Pension Reserve Fund Investment - FF

35% of portfolio is sitting in cash Read More

Government must defend Ireland’s reputation on corporation tax - FF

Obama comments part of clear pattern of misrepresentation in US circles Read More

Berehaven Credit Union Situation Should Serve as Wake-Up Call – FF Leader

Fianna Fáil Leader Micheál Martin TD has said that the closure of Berehaven Credit Union should act as a wake-up call for the Government on the crisis in rural Ireland and the critical role that the Credit Union movement plays in the country’s social fabric. Read More

FF Leader Dismisses Government Seanad Proposals as ‘Window Dressing’

Fianna Fáil Leader Micheál Martin TD has dismissed the Government's proposed 'major reforms' of the Seanad as simple window dressing, pointing to the Government's failure to even address the central criticism of the Seanad - namely the method by which members are elected. Read More

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