Ireland’s Guide To Money And Living

Consumer watch

Consumer watch

Insurance costs

Younger motorists could be priced out of cover if insurance premiums continues to rise, FBD chief executive Fiona Muldoon has warned. Speaking to the Irish Independent’s John Mulligan, Muldoon also noted that rising prices could result in more uninsured drivers on Ireland’s roads.

Standards in advertising

New rules regarding advertising for food, cigarettes and other products/services have come into force from the beginning of March. Under the new set of advertising standards developed by the Advertising Standards Authority for Ireland (ASAI), gambling adverts must contain responsible gambling messages, advertising of promotional offers aimed at children (except for fresh fruit and vegetables) is no longer allowed, while environmental benefits cannot be exaggerated in any communications.

“We live in a world of ever-changing communication innovations, channels, platforms and demands. In producing this new 7th edition of the ASAI Code, we undertook the widest and most transparent consultative process in our history,” said Orla Twomey, CEO, ASAI.

Getting a fair trade

Do you opt for Fairtrade products when you shop? Fairtrade refers to a movement which aims to help producers in developing countries to get a better deal for their produce, including bananas, coffee, beauty products and sugar, setting a minimum price to ensure sustainable production. According to The Irish Times‘ Conor Pope, however, the larger shops in Ireland aren’t making as much of an effort to promote Fairtrade products compared to their counterparts in the UK.

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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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