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Cork South Central Constituency

Local News Stories

Central Bank needs to instigate inquiry into sale of Whole of Life Insurance policies – McGrath

The Central Bank needs to instigate an investigation into the sale of Whole of Life insurance policies amid growing concern that a large number of consumers may have been mis-sold the policies, according to Fianna Fáil Spokesperson Finance Michael McGrath. Read More

Europe’s Leaders Must Stand Against Russian Aggression – FF Leader

Responding to developments in Ukraine Fianna Fáil Leader Micheál Martin has said: “During the past week already strong evidence that Russia is engaged in military operations in Ukraine has become irrefutable. Just as President Putin did in Crimea, his government is seeking to further undermine and partition a sovereign state. Read More

Govt must move early in new Dáil term to protect up to 10,000 vulnerable mortgage holders – McGrath

The government must move early in the new Dáil session to protect up to 10,000 vulnerable mortgage holders whose mortgages have been sold off to unregulated third parties, according to Fianna Fáil Spokesperson on Finance Michael McGrath. Read More

Statement from Fianna Fáil Leader Micheál Martin TD

It was with great sadness this morning that I learned of the death of my former colleague and party leader Albert Reynolds. Read More

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

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