Surely Fingleton will want to have this all tied up before he reaches the age of 70 to make sure he gets a payout. Doesn't he have to retire at that age or am I over simplifying things? Anyway, does anyone know when that will be?
Hi I have been with INBS for 11 years now & all and all not very happy with them. Hagging in with them for this pay out. I hear from friends of friends that the staff are very unhappy their. they have not get a rise in over 2 years & are just getting told that they will get a big pay off. I am thinking that they are tring to get rid of staff as too have a bigger pice of the pie when its comes. Does any one have an Idea how much staff would get? I know I would not be happy working there hearing the stories.
No person here really has the slightest idea when demutualisation will occur . It was widely predicted for last year but nothing came of it .
I dont think Brendan or anyone will hazzard a guess because all past predictions have been very wide of the mark .
Nobody knows when it will happen and actually nobody knows for sure what the exact qualifying conditions will be . In short we are all clueless !
Is it possible that this could go on and on and on like standard life where the original estimates for windfalls dwindled from £10,000 in 1999 when it was all supposed to happen to less than €1,000 in 2006 when it eventually happened??
I am disgusted with the Irish Nationwide management. They have sat on their hands for the past year following the change in legislation and missed out on the oppurtunity to sell the business at the peak of an economic boom. Now the stock markets are in freefall and the fear of a crash in the mortgage market is going to have huge consequenses for the value of I.N. We can all kiss our €10000+ windfalls goodbye. We will be lucky to get €2k or €3k the way its going. The silence from management is deafening. Its time to act! Its literally time to get the "Finger" out.