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Rockcourt Financial Services Ltd
Experts in Public & Private Sector Pensions, Mortgages, Investment & Savings, Overseas Pensions and Income Protection
Happy May Bank holiday weekend from all of us at Rockcourt Financial services. We hope you have an enjoyable long weekend!π![]()
086 0445509π± 094 9638533β office@rockcourt.ieπ§
The Irish government is passing the Finance (Provision of Access to Cash Infrastructure) Bill (2024) to ensure continued access to cash, despite the growth of electronic payments. Cash remains important due to vulnerabilities like power outages, cyberattacks, and global instability that can disrupt digital payments. Recent events, like storms and IT outages, have highlighted these risks, while growing concerns over online fraud and privacy issues have led to increased support for cash. Other countries, like Sweden and Norway, are taking similar steps to safeguard cash access.
In Ireland, the new law will ensure businesses and government services continue to accept cash, promoting financial inclusion and ensuring a reliable payment method during crises.![]()
Contact Rockcourt Financial Services with all your financial questions and queries.
086 0445509π± 094 9638533β office@rockcourt.ieπ§
Happy Easter from all of us at Rockcourt Financial Services! We hope you have a safe and enjoyable long weekend. π£π![]()
β086 0445509 π±094 9638533 π§office@rockcourt.ie
New data from the Central Bank reveals that mortgage rates in Ireland have dropped to 3.79%, which is a 0.5% decrease from last year. However, Irish homebuyers are still paying more than those in other euro zone countries where the average rate is 3.33%, making Ireland the fifth most expensive place for mortgages in the euro zone. This decrease in rates comes after a series of cuts by the European Central Bank as inflation has started to ease. On the other side, savers are seeing lower returns. Term deposit rates are down to 2.33%, which is 0.26% lower than last year, while overnight deposit rates are still at a very low 0.13%. The average rate for consumer loans was 7.29% in February which is a slight increase from the month before, but still lower than last year.![]()
Contact Rockcourt Financial Services with all your financial questions and queries.
086 0445509π± 094 9638533β office@rockcourt.ieπ§
Healthcare costs in Ireland are rising quickly. GP visit fees have increased by 55% since 2018, with costs ranging from β¬50 to β¬90 depending on the location. Dental costs have also risen, with routine checks now averaging β¬55 and fillings costing up to β¬160. While some costs like medicine have decreased, health insurance premiums have rose by over 26% since 2020. These rising costs are impacting middle earners who are feeling the financial strain, with some even delaying medical visits due to the expenses. People are being forced to make tough choices between health care and other priorities. ![]()
Contact Rockcourt Financial Services with all your financial questions and queries.
086 0445509π± 094 9638533β office@rockcourt.ieπ§