Results 14,621-14,640 of 18,593 for speaker:Michael Creed

Written Answers — Department of Social Protection: Disability Allowance Appeals (25 Apr 2013)

Michael Creed: 115. To ask the Minister for Social Protection if she will advise on the status of a disability allowance appeal application by a person (details supplied) in County Cork; and if she will make a statement on the matter. [19676/13]

Written Answers — Department of Education and Skills: School Staffing Appeals Mechanism (24 Apr 2013)

Michael Creed: 85. To ask the Minister for Education and Skills with regard to circular 0013/2013, as it relates to the primary school staffing appeals, if he will clarify the aspects of this circular which a school (details provided) in County Cork did not meet in respect of its appeal; and if he will make a statement on the matter. [19172/13]

Written Answers — Department of Public Expenditure and Reform: Office of Public Works Projects (24 Apr 2013)

Michael Creed: 105. To ask the Minister for Public Expenditure and Reform the reason for the delay in concluding an agreement to purchase a site at a location (details provided) in County Cork; and if he will make a statement on the matter. [19171/13]

Written Answers — Department of Social Protection: Carer's Allowance Appeals (24 Apr 2013)

Michael Creed: 121. To ask the Minister for Social Protection the situation regarding a carers allowance application in respect of a person (details provided) details supplied in County Cork; and if she will make a statement on the matter. [19170/13]

Written Answers — Department of Social Protection: Domiciliary Care Allowance Appeals (24 Apr 2013)

Michael Creed: 160. To ask the Minister for Social Protection when a person (details supplied) in County Cork may expect a decision on their claim for domiciliary care allowance which is on appeal; and if she will make a statement on the matter. [19431/13]

Written Answers — Department of Agriculture, Food and the Marine: Single Payment Scheme Payments (24 Apr 2013)

Michael Creed: 214. To ask the Minister for Agriculture, Food and the Marine the current position regarding a 2011 single farm payment claim in respect of a person (details supplied); if his Department has received correspondence from the forestry company involved outlining the nature of the mistake made on the 2011 single farm payment application; if his Department accepts the explanation offered for the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Can the Financial Services Ombudsman deal with it because of the six-year period?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: I may be stretching the interpretation of charges on this point but not of consumer protection. Mr. Fielding is aware of the following example. A subcontractor on a State contract worked for a main contractor with ongoing financial difficulty but who was, ultimately, paid by the State. He had to open up a new bank account in a separate bank to guarantee he could pay his subcontractors....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Perhaps Mr. Fielding can comment on the prevalence of what I described.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: I wish to raise four points primarily with Mr. Sheridan and his colleagues in the Central Bank. I thank Mr. Fielding for his presentation. The director stated in his presentation:At the end of 2010, the Central Bank issued letters of direction to all lenders directing them to refrain from imposing any surcharge interest or any charge arising on a mortgage account in arrears covered by the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Is it open to the bank, on any occasion, to increase its margin on a loan when granting a 12-month interest only arrangement on a mortgage property?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: I have personal experience in my own constituency of a bank adopting such an approach. The debate has rightly concentrated a lot on transaction costs but I shall continue to deal with the mortgage issue. One of the significant charges that customers have faced in recent years was for payment protection insurance. I would like to rationalise the Central Bank's approach to dealing with...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Perhaps the director will tell me the approach.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: What is meant by restitution?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Let us say somebody has lost his or her job but thinks he or she has payment protection insurance to cover a mortgage. Is the bank obliged to stand over the policy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Is the alternative a refund of the premium?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: Do all institutions make that remedy available?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: I thank the director for his clarification. I wish to comment on an area that I have touched on previously with the Central Bank, namely, the complexity of financial products being sold now and the different legal framework that exists for insurance-based products as opposed to financial products. In recent times a group of well-informed and well-advised purchasers of a particular financial...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: I am sure the director is aware of the ACC case where a band of investors cannot lodge a claim. Individual cases may or may not have been eligible. However, redress was made available to investors who had signed up for a legal case earlier, but other investors cannot avail of it because they are statute barred.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Michael Creed: It is rather invidious that a number of investors are aggrieved because they are locked out of the redress that was made available to others who were better informed and resourced. Perhaps those people had better legal advice and stronger financial resources to pursue a legal case. The poor performance of the product came to the attention of some investors too late in the day. Such matters...