Results 12,601-12,620 of 36,748 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: When does the ombudsman expect to make its first adjudication on dual pricing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: I do. I want to raise two issues, one of which is dual pricing. I have countless examples of people coming to me on the issue of dual pricing. When I talk about dual pricing I am not referring to introductory offers, which can range from 10% to 20% up to a certain value. I am talking about excluding them and looking at the price using the exact same data on which the insurance company has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: I have a case, which I will deal with and may advise this person to go to Mr. Deering's office. I mentioned it earlier but I may have been wrong and I want to correct the record. I refer to a letter sent to an individual in recent days with three different quotes for the exact same policy number. The first quote was €1,044, the second was €1,256, which was issued on the same...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: I know Mr. Deering does not want a very large influx of complaints. I have great respect for his office, and we may not always agree in terms of the adjudications that are made and so on, but it is a great asset for people to be able to take claims to an independent authority and have them properly scrutinised and adjudicated upon. It is something I will be encouraging where there is a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: Is the crucial factor in cases such as that the individuals who subscribe to this type of insurance have to be informed clearly that it could be ended at any time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: Do I have recourse if my provider decides that the life insurance I have been paying into it for 40 years is no longer on offer?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: I refer to whole-of-life policies. This was death insurance. There is nothing that says whole of life more than death insurance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: My final question relates to the tracker mortgage cases before the ombudsman. We went through some of the numbers and some cases have been resolved by mediation and determination. Has Mr. Deering dealt with the prevailing rate issue in any of the cases to date? Has he adjudicated on it or has a settlement been reached as a result of mediation on the prevailing rate? It is an issue that is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: The people who may be watching this meeting are the customers of Permanent TSB or other banks who have cases with the ombudsman on the prevailing rate. Many others are waiting to see how they will be adjudicated because they fall into what is termed "the cohort", and if it applies to one, it is likely to apply to others. What does Mr. Deering mean by "shortly"? Does he think any of these...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: Will that be across the institutions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: I know Mr. Deering does not want to comment on individual institutions. That is fair. I wish to ask about the publication of the synopses of those cases if they are found in favour of the consumer. If I could hypothetically say that the case with bank A was dealt with pre-Christmas, that is good for the consumer, but it is useless for the rest of the individuals who are looking in unless...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: Will that be done on a rolling basis? If Mr. Deering makes a determination in February, is it likely that it will be published in April?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages and Differential Pricing in Insurance: Discussion (19 Nov 2019)

Pearse Doherty: On the latter point, if it is half yearly, a lot of people are waiting, in particular to hear about the prevailing rate, so I would encourage Mr. Deering not to wait six months to publish the decisions. I would encourage him to aim for quarterly publication. The first decision will give an indication to people whether they need to pursue this through the courts themselves or if the office...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (14 Nov 2019)

Pearse Doherty: As the Government is a major shareholder in three banks, what will it do to ensure the arrogance mentioned by the deputy governor can be knocked on the head and that banks will treat customers fairly when it comes to mortgage interest rates?

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (14 Nov 2019)

Pearse Doherty: That is not an answer. The Government is the major shareholder.

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (14 Nov 2019)

Pearse Doherty: Speaking at the Banking and Payments Federation, the deputy governor of the Central Bank, Mr. Ed Sibley, said that Irish bankers were displaying echoes of pre-crisis arrogance. My view is that it never left them and I am glad that the penny is dropping in the Central Bank. He went on to say the banks were hitting mortgage holders with double the interest rates needed for them to make a...

Ceisteanna ó Cheannairí - Leaders' Questions (14 Nov 2019)

Pearse Doherty: Earlier the HSE published its winter plan in an attempt to tackle overcrowding and deal with faster patient discharges. We are at the point where every day is winter in our hospitals because of overcrowding, patients on trolleys and undervalued staff trying their best on the front line. That is the state of the health service every day of the year. Patients face another difficult winter in...

Ceisteanna ó Cheannairí - Leaders' Questions (14 Nov 2019)

Pearse Doherty: In my constituency - I will finish on this - 4,500 patients so far this year have gone without a bed, despite the fact that ten beds in that hospital cannot be opened because of the recruitment.

Ceisteanna ó Cheannairí - Leaders' Questions (14 Nov 2019)

Pearse Doherty: When will the Government get to grips with the real issue here, make the proper investment, and lift the recruitment freeze that is crushing our hospitals and putting serious pressure on front-line staff and patients?

Ceisteanna ó Cheannairí - Leaders' Questions (14 Nov 2019)

Pearse Doherty: The Tánaiste simply does not get it. He does not get the scale of the crisis. Professor Malone, the master of the Rotunda, summed it up well in speaking toThe Irish Timestoday when he stated, "The dignity of patients doesn’t seem to resonate with decision-makers." The Tánaiste can give us the spin all he wants. Last year, Ministers announced the opening of 20 beds in...