Market fluctuations have impacted the value of all defined contribution plans during 2020.
The actual impact varied between members of the same schemes and depended on how individual members of defined contribution (DC) plans reacted to the falls in the early part of the year.
In an article entitled "Volatility in Members' Funds - Lessons from 2020", John Grant of Fitzgerald Actuarial Limited looks at how members have reacted to market fluctuations in 2020 and provides insights for sponsors,
Three projects promoting sustainability in Cork through environmental awareness, community inclusion and employment have been awarded supports to the value of €200,000 from a fund created by Rethink Ireland in partnership with Cork Chamber of Commerce and the Department of Rural and Community Development.
The Sustainable Cork Fund recipients include Nasc’s Gateway to Inclusion project, which provides supports for female migrants and refugees to pursue education and employment opportunities; NCE Outreach,
Pensions, investments and financial planning experts, Fermoy-based, Oaktree Financial Services Ltd are celebrating 10 years in business. Much like 2020, it’s been a decade of change and challenge - all of which, directors, Adrian Godwin, his wife, Norma Fitzgibbon Godwin and their dedicated team have met head on.
People, sometimes rightly, associate financial services and financial planning with complexity. In a highly regulated industry that sees almost annual change, the need for sound advice is
Crowleys DFK has become the first indigenous accountancy firm to be awarded the prestigious Ibec KeepWell Mark; an evidence-based accreditation and award that recognises Irish employers for investing in workplace health and wellbeing.
The aim of the KeepWell Mark is to help businesses benchmark workplace wellbeing activity
focusing holistically on eight key areas: leadership, absence management, smoke free, physical activity, health and safety, mental health, healthy eating and
€8.7 million of funding has been awarded to UCC, CIT and nine industry partners to develop the next generation of graduates for the Health & Life Sciences industry sector. Pharmaceutical and medical goods account for 31% of Ireland’s total exports and the Cork region is Ireland’s largest Foreign Direct Investment (FDI) cluster in this sector. All of the top 10 global pharmaceutical companies have operations in Ireland, with over 30,000 people directly employed in this sector. UCC, CIT and industry
This year Irish International Trading Corporation celebrates its centenary. Over the past 100 years the company has grown from relatively small beginnings to become a national business with a global reach, employing over 120 people with annual sales of €60 million. From the rebuilding of Cork City after its burning in 1920, all the way through to supporting other small businesses today, IITC's ongoing success is in its ability to respond to change.
Earlier this year, IITC welcomed An Taoiseach,
The Cottage Community Cafe is run by the Rainbow Club Cork. All of our profits go towards the keeping the doors of club open. The Rainbow Club Cork is a non-government funded club that provides essential services and supports to children & their families living with autism. Unfortunately this year, we have had to cancel almost all of our fundraising events due to covid. We fundraise all year to try to sustain the demands on us. We are not government funded and rely solely on the generosity of others to
Cognate Health, a leading nationwide occupational health provider, has announced a watershed move for the company with strategic appointments in Irish business and health. The new appointments see Paula Cogan, who was the Global Head of Sales at the Doyle Collection and is the current Cork Chamber President, taking on the role as Cognate Health’s new Chief Executive Officer (CEO). She joins newly appointed Chairperson Noel Creedon -— former CEO of iNua Hospitality — on the Board. Founder of Cognate
Retirement Annuity Contracts – or as they are more commonly known, Personal Pensions. As we edge closer to the tax filing deadline, contributions to this scheme are used by many to reduce their tax liabilities.
Similar to last week’s topic of PRSA’s, Personal Pensions are wholly owned by you – in the same way as any other defined-contribution pension scheme. That means no one else has a right over the assets of the fund, as may be the case if you’re in a more traditional, though increasingly rare,
The Montenotte Hotel has appointed Ray Kelleher as Director of Sales & Marketing. Ray most recently worked as Group Sales & Marketing Manager at Trigon Hotels and previously as Sales & Marketing Manager at the Clayton Hotel Cork City.
He is currently the Chairperson of the Cork city centre forum, is a very well-known personality in the business community in Cork, and brings with him a wealth of experience to his new role.
As Director of Sales & Marketing, Ray will provide strong strategic
Kieran McCarthy from KMC Homes, is delighted to be co-hosting Season 2 of RTE's hit cottage refurbishment series "Cheap Irish Homes", along with Maggie Molloy from Cheap Irish Houses on Instagram.If you are in the market for a Cheap Irish Home (ie under 100k) and if you are prepared to get your hands dirty, why not apply by sending an email firstname.lastname@example.org and who knows, you might be on the show!
Stay tuned to KMC Homes social media channels for further information.
The COVID-19 pandemic has seen a rise in connected health and digital solutions at the forefront of Irish healthcare. The pandemic has provided hospitals with a variety of challenges including the scheduling of safe visiting appointments for family members to patients in our hospitals across the country. As the winter approaches and we as a country have been placed in lockdown Level 3, a solution to safely visit patients in hospital is essential.
The Covid-19 global pandemic has brought into sharp focus
'SERVE' is creating a cookbook that brings readers on a trip with us around the globe, demonstrating how to cook recipes that our volunteers learned to make while working in developing countries all over the world. A team of staff, volunteers, content creators, graphic designers, and a media producer are involved. Our cookbook will spark a learning process and feed an interest in other cultures, with connections to the UN Sustainable Development Goals throughout. It will include photos, blogs, and stories
With COVID-19 workplace inspections on the rise, it's important that you're prepared should an inspector knock on your door.
Employment law consultant Peninsula knows how important it is to prepare and adhere to the mandatory measures set out in the Return to Work Safely Protocol.
To ensure your business is inspection ready, they've covered everything you need to know in a concise, helpful article.
Do you have an Event that has been recently cancelled due to Covid?
Online live virtual events offer great opportunities for creativity, innovation and can also allow remote contributions from your audience, but they do need virtual professional planning and production skills, even more than your real-world events. AVC will make this entire process simple for you!
With well prepared running orders, well briefed participants, our highly experienced technical support, professional graphics and time for
Cork’s 96FM has appointed Terry Brennan as the new Editor of it’s daily Opinion Line programme. Louth born Brennan has recently relocated to County Cork. He has more than ten years senior editorial leadership experience with ITV. Most recently he was Head of News and Programmes for UTV in Belfast. Prior to this, he held similar positions in ITV’s Anglia and Westcountry regions.
Commenting on his new appointment, Terry Brennan said “I am very excited to be joining such a talented team at
Arup has committed to achieving net zero emissions across its entire operations by 2030, covering everything from the energy used in offices to goods and services purchased. To achieve this, the firm has set a target to reduce its scope 1, 2 and 3 global greenhouse gas (GHG) emissions by 30 per cent within the next five years from a 2018 baseline.
The target, validated by the Science Based Target initiative, has been classified as ambitious as it exceeds the minimum requirements for keeping global
Ireland’s Next Top Madra, which is run by RSVP and RSVP Live is back for 2020 and has renewed a partnership with Ireland’s largest pet retailer, Maxi Zoo, for the second year running.
Throughout September, RSVP and Maxi Zoo once again set out to find Ireland’s number one pooch via an extensive print and digital campaign across RSVP’s online channels and the monthly magazine.
Last year, the campaign received over 650 entries and even got a segment on the Ray Darcy show ahead of the grand
Global life sciences company Thermo Fisher Scientific has launched a €45,000 community grant in celebration of its double anniversary. Assisting deserving causes, it will be divided between local community groups along with charitable causes close to the hearts of employees.
The contract pharmaceutical manufacturing facility is marking the first year of its Irish operation in Currabinny, along with recognising the legacy of the site where it now stands, which has been championing science for the
The Centre for Advanced Photonics and Process Analysis (CAPPA) is delighted to announce they are part of the Cork Institute of Technology Team to receive funding from Science Foundation Ireland (SFI) for research into barrier masks to tackle the ongoing COVID – 19 pandemic. This is one of 41 projects funded under the SFI led COVID – 19 Rapid Response Research and Innovation Programme. CIT and CAPPA staff have already conducted initial research on the effectiveness of barrier masks in conjunction with the
Leading Irish Law Firm, Comyn Kelleher Tobin (CKT), has announced the appointment of a new partner and two new solicitors, highlighting consistent growth, more than doubling the firm’s size in recent years across their Cork and Dublin offices.
David Ryan’s appointment to partner, and the addition of a further two solicitors to the team, Clare Daly and Julie McEvoy, highlight CKT’s dedication to increasing the expertise in their talent pool, even during these uncertain times.
David Ryan, Partner in
Tandem is proud to announce that it has been shortlisted for the “Pharma Supplier of the Year” award in the 2020 Pharma Industry Awards. This award recognises the supplier that has provided a ‘best in class’ service, solution, product or goods to Ireland’s Pharmaceutical industry.
Tandem is an innovative project management and engineering consultancy, offering best in class services in project management, engineering design, construction management, CQV, operational readiness, client representative teams
Cork Volunteer Centre works to support over 630 non-profit organisations across Cork City and County. On average each year 1,600 people register with our service, wanting to volunteer. Volunteers are the lifeblood of our communities and were mobilised in huge numbers during the Covid-19 crisis – delivering food and prescriptions to those cocooning; making music videos to cheer nursing home residents up; creating wellness resources online; feeding the homeless of Cork; assisting those affected by
March 2020: A new and innovative digital platform – WeSwitchU.ie – is set to make waves with energy users in Ireland. Promising to take the stress and hassle out of switching energy providers, the company assists residential customers to engage with the energy market, reducing their energy bills and carbon footprint each year.
Despite launching just weeks ago, the website, which is owned and operated by Limerick native Brendan Halpin, has already been making strides in the Irish business world. The