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No shocks in long awaited green paper on pensions – Deloitte 17 October 2007 Sustainability key focus for government

Consultative approach appropriate

Commenting on the long awaited Department of Social and Family Affairs Green Paper on Pensions, Ian Mitchell, Managing Director, Deloitte Pensions and Investments said:

“There aren’t any shocks in the paper; but then it’s not a subject that lends itself to shocks and, perhaps learning from the ever evolving but rarely progressing pension landscape in the UK, the Department of Social and Family Affairs presents a paper that is about consultation and about buy in and sustainable long term...

Deloitte announces record financial performance worldwide 16 October 2007 Aggregate member firm revenues grew 15.5 percent in FY07 from US$20 billion to US$23.1 billion

Retaining and recruiting talent will drive future growth

Cape Town, October 16, 2007 – Deloitte Touche Tohmatsu (“Deloitte”) today reported that aggregate member firm revenues increased by a record 15.5 percent in U.S. dollars and 12.6 percent in local currencies, to US$23.1 billion for the fiscal year ended 31 May 2007.  This marks Deloitte’s fifth consecutive year of member firm double-digit revenue growth from continuing operations.  Every service line and...

Deloitte launches Fund Administration Survey 2007 15 October 2007 Deloitte has today launched its 2007 Fund Administration Survey. The purpose of the survey is to identify what challenges and opportunities exist within the industry in Ireland. Over the coming weeks, Deloitte will survey players in the fund administration industry in order to get an accurate reflection of where the industry now stands.

“There are over 9,000 people working directly in the fund administration business in Ireland, making it the largest employer within the IFSC, said Brian Forrester, Partner, Financial Services, Deloitte.  Those 9,000 people oversee the administration of approximately 1.3 trillion euro in...

Motor Insurance Premiums fall by up to 10% in 2007 – Deloitte 12 October 2007 Recent years of exceptional profits at an end

Standard of driver behaviour has improved over the last 12 months

Industry opinion divided on premium outlook for 2008

Over 80% of Irish motor insurance companies said that their company decreased premiums in 2007, the majority by up to 10%, according to a survey for the Deloitte Motor Insurance Seminar. Less than one in ten respondents said premiums had increased.

Opinions in the motor insurance industry on the outlook for premiums in 2008 are mixed. Over 40% of respondents believed that premiums would...

Deloitte creates 230 graduate positions 08 October 2007 25% increase on last year’s intake

Applications encouraged from graduates of all disciplines

Deloitte has today announced that it is creating 230 graduate positions for the coming year, an increase of over 25% on last year.  Over the past 5 years Deloitte has consistently increased the number of graduate positions it has created – compared with this year’s figure of 230 positions, 70 graduates joined the firm in 2002.

Positions will be available in the Dublin, Cork and Limerick offices, across all departments of the firm including audit, tax, consulting...

Financial Services Partner joins Deloitte 21 September 2007 Financial services group boosts investment management offering

Deloitte has today announced that Brian Forrester has joined the firm as Partner within its Financial Services group. In this role, Brian will predominately provide audit and assurance support to clients in the investment management industry, an area in which he has gained extensive experience in London, the Cayman Islands, the Channel Islands and Dublin.

Brian brings 15 years assurance experience with him to the role, the last 12 being in the financial services industry. He joins the firm from Kinetic Partners, a specialist investment...

Generation Y – confident, empowered and ambitious 17 September 2007 Deloitte Report highlights new challenges facing organisations in recruitment practices & policy

Research reveals levels of over expectancy from eighties generation

Generation Y, people born after 1980, are a confident, empowered generation, with a sense of self-worth and responsibility which has not been seen before in Ireland, new research from Deloitte reveals.

The Deloitte report (Generation Y – Moving with the times) is based on analysis of over 200...

Ten new Directors at Deloitte 05 September 2007 Deloitte has today announced the appointment of ten new directors. Richard Howard, Marguarita Martin and Mark Moore become directors in the Audit department; Tom Hynes and Mark O’Donnell in the Consulting department; Lorcan O’Connor in the Financial Advisory Services department and Mark Gorman, Olivia Waldron and Karen Walsh in the Tax department. Eileen Healy becomes a director in the Enterprise Risk Services department in the Cork office.

Commenting on the appointments, Pat Cullen, Managing Partner said: “We are delighted to acknowledge the hard work and achievements of these newly appointed directors. Their...

Broadcast revenues fuel record transfer spending 04 September 2007 Transfer spending by English clubs has exceeded £500m this summer, around two thirds higher than the previous record of £300m spent in summer 2006, according to analysis by the business advisory firm, Deloitte.

New owners at Premier League clubs combined with the increase in broadcast payments to clubs for the 2007/08 season, are key drivers of the unprecedented rise in spending.

Paul Rawnsley, director in Deloitte’s Sports Business Group, commented: “This summer’s transfer spending by English clubs has beaten all previous records, but as Premier League clubs will receive around £300m of...

HR role to be redefined as People become Key Driver for Competitive Advantage 27 August 2007 Research reveals CEOs require strategic shift from traditional HR roles

People have risen to the top of the corporate strategic agenda, as a key driver of competitive advantage according to a worldwide survey by Deloitte with the Economist Intelligence Unit. The report, ‘Aligned at the Top,’ a survey of 531 senior business executives and HR leaders highlights the key challenge facing organisations is what role Human Resources (HR) will play in maximising this key corporate asset.

Representing every major industry and global region, the report details:

  • 85% of senior...
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