Ireland’s Guide To Money And Living

Consumer watch

Consumer watch
Free EU roaming

Good news for those holidaying abroad next year – a proposed 90 day limit on free roaming within the EU has been abandoned. Under the new plans, European consumers will be able to use their mobile phones in other EU member states from next summer without incurring roaming charges. Following feedback from a number of stakeholders, the final proposal is due to be adopted on December 15th 2016.

“Commission action on roaming prices has delivered for European consumers. Today’s draft rules ensure we can end roaming charges as of 15 June 2017 for all people who travel periodically in the EU, while ensuring that operators have the tools to guard against abuse of the rules,” said Günther Oettinger, EU Commissioner for the Digital Economy and Society.

Getting on the property ladder

Elsewhere, many of Ireland’s younger generation fears that owning their own home may be a dream they will never realise. A survey conducted by AA Life Insurance revealed that 15% of those aged between 25 and 35 are unsure if they will become homeowners during their lifetime.

“Home ownership may feel as if it is a long way away for younger Irish people. Property prices and deposit requirements make it a much more difficult proposition for the millennial generation than it was for those who came before them. It seems as if the deck is stacked against them,” said Conor Faughnan, AA Director of Consumer Affairs.

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Virgin fined over breach

Virgin Media has been fined €255,000 by ComReg for failing to provide 26,046 customers with a permanent record of their contract. The Irish Independent reports that Virgin will accept the fine, and will contact affected customers with an offer to cancel their contracts if desired.

School fee increase

Finally, The Irish Times reports that for parents who choose to enrol their children in a private school, fees are continuing to rise as the economy begins to recover. Noting that fees are topping €7,000 per year, Fiona Reddan offers some advice for parents seeking private education for their children, including avoiding instalment payments, and grants and scholarships that may be available.

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When not writing about all things personal finance, You & Your Money’s editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.

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