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Wednesday, 21st March 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

Made of Waterford!

It was a busy week last week. What with the news of the North Quay Strategic Development Zone and Leo’s bandwagon rolling into the City. "The 2040 NDP Tour" was in full swing and those busy bees in the Special Communications Unit were doing what they do best, spinning us a yarn!

Everyone was very excited and relieved on Thursday last, to read across various social media sources, that the North Quays would go ahead unhindered. It appeared that the planning process had this time worked in Waterford Inc’s favour. Unlike many a scuppered past development, this time there were to be no road blocks. No insurmountable barriers and no "Serial-objectors", using their pens to blunt our sword.

The announcements were made by various media savvy Councillors. Immediately after the Mayor declared at the monthly Council

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Wednesday, 21st March 2018

John Smiles

Qualified Financial Advisor

Investors, don’t forget the KIDS

As part of the standardisation of the format of information being given to retail investors across the EU single market, new regulations were introduced on 3 January 2018. The aim of the Regulations is to create a uniform, easy to understand "Key Information Document" (KID) which facilitates comparison between different products, in different countries.The KID regulations apply to all regulated investment products, including Packaged Retail Insurance-Based Investment Products [PRIIPS].

The Central Bank of Ireland published an amendment to the Life Assurance (Provision of Information) Regulations 2001 (the Life Regulations). This amendment came into force on the 1st of January 2018 and it means Life Companies must provide both types of disclosure documents to consumers at the point of sale.

Both types of disclosure documents have a different focus, especially when it comes to assessing and

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Wednesday, 21st March 2018

Des O’Shea of REA O’Shea O’Toole was among those who brought local properties to a US market that now forms over 22% of overseas enquiries for Irish property.

"Increased wages in Ireland and the lure of better opportunities for returning emigrants has seen US property buyers flocking to secure homes and investment properties in Ireland ," said Des O’Shea

"Many attendees were Irish people in their fifties who were enquiring about returning home due to the high price of education and health.

"We also met many young Irish people who were returning home to work, Irish families looking to return home and retirees looking to downsize.

"Enquiries from the US are now increasing hugely year-on-year, highlighting the return of emigrants who feel the time is right to come home.

"We also had a high number of enquiries from people interested in investment and holiday properties,

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Wednesday, 14th March 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

"When Leo came to town!"

It was a busy week last week. What with the news of the North Quay Strategic Development Zone and Leo’s bandwagon rolling into the City. "The 2040 NDP Tour" was in full swing and those busy bees in the Special Communications Unit were doing what they do best, spinning us a yarn!

Everyone was very excited and relieved on Thursday last, to read across various social media sources, that the North Quays would go ahead unhindered. It appeared that the planning process had this time worked in Waterford Inc’s favour. Unlike many a scuppered past development, this time there were to be no road blocks. No insurmountable barriers and no "Serial-objectors", using their pens to blunt our sword.

The announcements were made by various media savvy Councillors. Immediately after the Mayor declared at the

Read More »

Wednesday, 14th March 2018

John Smiles

Qualified Financial Advisor

What does the end of easy money mean for investors?

10 years after the global financial crisis (GFC) threatened a return to the Great Depression of the 1930s, the global economy is finally on the mend. It is anticipated growth should approach 4% in 2018, the strongest growth since 2011 as the economic recovery gains strength around the world. That means the withdrawal of the extraordinary medicine administered by major central banks since the onset of the GFC will gather pace.

The US Federal Reserve will likely lead with further rate hikes and other central banks should also begin moving towards tighter, rather than looser monetary policy.

The scale of the monetary firepower deployed by global central banks over the past 10 years is breath-taking. Around $10 trillion has been pumped into financial markets, equivalent to almost four times the

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Wednesday, 14th March 2018

In the midst of a housing crisis it is incredulous just how slowly some elements of the State are moving to address housing issues, IPAV the Institute of Professional Auctioneers & Valuers said on Monday last.

The organisation, which represents 1,1000 auctioneers and valuers, says a grant to help first-time buyers refurbish vacant properties in rural towns and villages, announced in January 2017, has not seen the light of day more than a year after it was announced by Government.

Pat Davitt, IPAV Chief Executive, says at that time the Government launched its ‘Action Plan for Rural Development’ with the promise of a pilot scheme before the initiative would be rolled out nationally.

"We publicly welcomed this, it was something we, for some years, had urged the Government to introduce in the belief that it would breathe new life into rural Ireland, by

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Wednesday, 14th March 2018

Waterford Chamber and Appian Asset Management are hosting a Breakfast Briefing with Pat Cox, former President of the European Union on Thursday, 22nd March in Dooley's Hotel at 7.30am.

Pat Cox will travel to Waterford one year since the UK lodged its Article 50 intention to leave the EU and one year before that takes effect and will explore the topic of "Brexit countdown - one year on, one year to go - a mid-term evaluation."

About Appian Asset Management

Appian Asset Management, which was established in 2003, is an investment management company providing investment services to private clients, charities and corporates. The company manages client funds in house across all asset classes through the Appian Unit Trust and Appian Investments ICAV.

The Company has built up a strong investment record over its 15 year history by protecting and growing client assets. It has

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Wednesday, 7th March 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

"It was snow joke!"

Well, didn’t we get some dollop of snow last week? In Castle Garland, the back garden had over 50cm and believe it or not, 100cm in some places where the wind caused drifting. This was three days of Winter weather nobody will ever forget. We’ll be talking to our

Grandchildren, in years to come, saying "I remember the Spring of 2018, when Ireland STOPPED for three days."

"We ran out of BREAD!"

Or tea, in my case, I had to resort to drinking "Lady Grey, with zingy orange zest!"

Unfortunately, an event I am involved with, the 1848 Tricolour Celebrations, had to be cancelled in its entirety, from the 2nd to 4th March. We had an inkling that reaching Waterford City was going to prove impossible. The main roads may have been cleared by Saturday, but we

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Wednesday, 7th March 2018

John Smiles

Qualified Financial Advisor

What is the Serious Fraud Office?

The UK Serious Fraud Office [SFO] was set up in 1988 charged with investigating and prosecuting corruption and high-level corporate crime. For much of its life, it has been variously incompetent, underfunded and neutered by political pressure.

In 2012, the SFO botched the investigation of Vincent and Robert Tchenguiz—London-based tycoons accused of fraud over the collapse of an Icelandic bank. The case had everything: dawn raids in ritzy Mayfair and Chelsea, billionaires in handcuffs and the possibility of recovering cash for victims. Everything, that is, except admissible evidence. The effort collapsed almost as soon as it reached a courtroom, when it turned out the SFO’s search warrants were unlawful. The judge called the agency’s work "sheer incompetence."

Since the arrival of a new Director, David Green in 2012, it seems to have been turned

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Wednesday, 7th March 2018

2 Marian Terrace, Dunmore East, Co. Waterford

Sherry FitzGerald John Rohan are delighted to introduce to the market this two storey mid terraced property situated in the lower village of Dunmore East with superb sea views and providing enormous potential.

Exceptionally well located residence within circa 300 metres from the beach, just around the corner from The Spinnaker restaurant and bar, The Strand Inn and a short walk to the upper village with a further choice of eateries, bars, park and supermarkets. Situated towards the end of a small cul de sac, the property offers bright accommodation throughout and benefits from a sunny aspect. Gardens are set in lawn to front and rear, with the spacious rear garden having an excellent level of privacy.

Accommodation comprises ground floor – entrance hall, living room, kitchen and bathroom while on the first floor there are

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Letters to the Editor

  • Our View

    As dry as the SaharaIt seems that whenever the weather in Ireland goes a little bit extreme, we are somehow incapable of dealing with it. It has already happened so far this year with the snow that totally disrupted the country for about a week and also later on when some areas in the country were flooded due to excess rain. Now it is happening again because we are having to deal with a level of sunshine that is virtually unheard of in the country. And a level of sunshine that is going on for a good numbe …

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