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Saturday opening has been a major success for Ulster Bank in Castlebar since the initiative began in September 2010. Castlebar is one of 45 Ulster Bank branches across Ireland where Saturday opening has been available since September last year.

A free information evening, hosted by permanent TSB, is taking place on Thursday March 31 in the Harlequin Hotel in Castlebar.

The Irish National Teachers’ Organisation said government can afford to pay the cost of teachers’ pensions. The union criticised what it called plans by government to walk away from any responsibility for pensions.

Retiring politicians will reap a massive €10 million in golden handshake payments, a level of taxpayers money that is “absolutely shocking”.

ON MONDAY July 28 2008 Sean Fitzpatrick played 18 holes of golf with Brian Cowen on Druid’s Heath at the foot of Wicklow mountains. Afterwards they had dinner at the resort’s hotel.

While the campaign to stop any cuts for pensions proved successful in the four year recovery plan, Age Action has expressed its disappointment that the Government has ‘agreed to freeze the rate of the State pension until 2015, as part of the bailout deal it has reached with the IMF and the EU’.

Recent analysis by European insurer Aviva has shown that people in Mayo need to save an additional €9,100 a year to live adequately in retirement. Mayo’s annual pensions savings gap, the difference between what is currently being saved and expectations for retirement, stands at €550 million, the equivalent of an average €758 per capita per month of working age or €9,100 a year. These are among the findings of a comprehensive analysis of Ireland’s retirement landscape to date by the company.

Research conducted for AIB by RED C Research shows that 73 per cent of adults without a private pension say they would need to supplement the state pension to maintain their current lifestyle, while 54 per cent of adults who are saving for a private pension have no idea what income this is likely to provide.

Mayo Fianna Fáil TD and Minister for State, Dara Calleary has reported that some 100,000 documents have been analysed as part of the ongoing Anglo Irish Bank investigation. Dep Calleary received details of the ongoing extensive Garda enquiry into Anglo Irish Bank after questioning Minister for Justice Dermot Ahern on the issue in the Dáil recently.

Mayo consumers are saving more than ever and are now looking for new ways to shore up their money for the long-term, according to Tony Raftery, manager of Acorn Life in Mayo.