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Pimp na h​É​ireann

by Ed-E Hobbz

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2009 03:47
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about

EP [SR-114]

Hobbs worked for Zurich Life 1979 to 1991 and left his position as Marketing Manager to set up a fee-based financial planning company TIPS.[citation needed] In March 1993 Hobbs published a report "Endowment Mortgages The Hometruth" which collapsed sales of endowment homeloans in Ireland by June 1993 after the banking and life insurance industry failed to deal with his critique.[citation needed] In 1995 Hobbs was made a non-executive director in the financial services firm Taylor Asset Management but resigned from it and TIPS in Jan 1996. In May 1996 after a two-month investigation, Hobbs lodged a complaint with the Irish regulator about the handling of two client files by Tony Taylor CEO of the Taylor Group.[citation needed] Tony Taylor fled Ireland and was located living under an alias in Eastbourne UK in 1999 by an investigator reporting to Hobbs.[citation needed] Taylor was extradited and pleaded guilty to five counts of fraud, forgery and destruction of documents for which he was sentenced to five years in prison.[2] Hobbs himself was never implicated in any issues relating to company affairs and in 2007 he was exonerated by the Irish High Court and praised by the presiding judge for showing "efficiency and determination and for not standing idly" when he pursued Taylor's activities from 1995 to 1996.[citation needed]

In 1996 he submitted a complaint to The Competition Authority alleging that the Government supported Irish Insurance Federation Remuneration Agreement was offensive to competition law since 1991, had engendered a culture of consensus decision making, restricted competition and prevented costs and commission disclosure to consumers.[citation needed] The complaint was upheld in 1998 forcing the Government to introduce statutory commission and charges disclosure.[citation needed] The Life industry was forced to reissue its product range to comply with the Insurance Act 2000.[citation needed] Hobbs acted in a voluntary capacity as a director and Finance spokesperson for The Consumers association of Ireland from 1993 to 2006.[citation needed] He has qualifications in accounting, finance and financial planning.[citation needed] Hobbs' complaint to the EU Taxation Commission that the Irish tax code was being adjusted to create competitive advantage to domestic Irish funds in breach of The Treaty of Rome, resulted in the Commission writing to Finance Minister McCreevy who adjusted the new gross roll-up tax regime to all OECD funds.[citation needed] When Minister McCreevy announced the SSIA savings scheme, Hobbs launched the Consumers Association of Ireland 'Savermark' standard that required banks to link deposit interest to the ECB base rate movements to prevent margins widening.[citation needed] Hobbs accused the Life Insurance industry of colluding to avoid the 'Savermark' pricing and called for a Competition Authority investigation.[citation needed]

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released July 3, 2021

produced by Ed-E Hobbz

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Scauldwave Records Wexford, Ireland

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scauldwaverecords (@) gmail (dot) com

Scauldwave Records is the world's first scauldwave label, originally started in Maynooth, by Damo Furlong, Sexxxhibitionizt, Ketto DePryck & XXXBADBOI on April 4th 2018. Old releases go back to September 2016, before artists were signed here. ... more

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