Ireland’s Guide To Money And Living

Consumer watch

Consumer

Switch your tags

Research conducted by easytrip Ireland, an independent provider of electronic tolling services, has indicated that one-third of Irish motorists will consider buying a new car in the second half of 2016. Of these, 54% are looking to buy a brand new 162 model, with 46% looking towards a used vehicle.

The research was launched in conjunction with a reminder to easytrip customers to switch over their tags and update their accounts when switching cars – otherwise the new owner of your old car could take advantage.

“Our research shows that a significant number of drivers are looking to upgrade their vehicles during the 162 registration period. We are advising all our customers to remember to remove their easytrip tag from their vehicle before making the exchange and to update your account details once change of ownership has been processed,” said Colin Delaney, General Manager at easytrip Ireland.

Investment loss

Did you ever invest in shares in Standard Life? According to The Irish Times, the clock is ticking for around 3,400 people in Ireland who have yet to claim their shares from its ‘unclaimed assets trust’. The trust will close on July 9th, and anyone who fails to submit their claim by then may lose out entirely.

“We’ve been working hard to trace those who have a valid claim and have tracked down the vast majority. However, there are still some people eligible who have not claimed and our efforts are continuing. We would urge anyone who has been contacted by our Registrars, Capita Asset Services, to respond before time runs out on 9 July this year,” said Kenneth Gilmour, Group Company Secretary.

A fast track claim service is provided by Capita Asset Services, who will handle the claim for an admin fee of 15% plus VAT. A free of charge service is available from Standard Life Shareholder Services.

Call for consumer appointments

The Consumers’ Association has called for consumer representatives to be appointed to the Central Bank board, according to the Irish Independent‘s Charlie Weston. Two positions have been recently advertised, calling for candidates with accountancy and risk management skills in particular. The article quotes Michael Kilcoyne, Deputy Chair of the Consumers’ Association, as saying: “What we do not need is more financial experts. We need people to represent ordinary consumers. Most consumer representatives do not have expertise in risk management or accountancy.”

 

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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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