23 March 2015

Cork man and founding director of City Life: Wealth Advisors, Ted Dwyer was presented with the Lifetime Achievement Award at the Irish Brokers Association's Life Pension & Investment (LPI) Awards which took place on March 19th in the Mansion House, Dublin. Over 530 Financial Services professionals attended the prestigious event which aims to recognise the professionalism and expertise of Brokers.

A steadfast in the financial advisory landscape in Ireland, Ted founded City Life in 1971, and co-founded, City Life Galway in 2011. 44 years after starting out on his business journey, Ted’s successful family business has evolved with his son Eamon Dwyer running the business. Under Ted’s leadership and guidance, despite the horrendous economic crash since 2008, the business has thrived, and with a lot of diligent and very careful work the team have steered their way through the recession, maximising the financial situation with clients.

Ted continues to bring in business for City Life and now also works with other small family businesses to help them survive down the generations, advising on issues such as protection and retirement planning. A past president of the Life Insurance Association of Ireland, Ted has been a regular qualifier for the (top of) the Million Dollar Round Table, the premier association of financial professionals internationally, members of which demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service.

Ted is also the co-developer of Faithlegg Golf Club in Waterford, and former chairman of Eurostyle (golfwear distributors). Speaking upon receiving the Lifetime Achievement Award, Ted said “It is a great honour to be the recipient of this industry award. There have been many changes in our industry over my time in it but it is also true that the more things change the more they seem to remain the same. When I started in the business almost 50 years ago my work was about helping young people to save some money to buy a home and then for college fees for their children. The next step was to protect the young couple with life and illness insurance in case they died too early or were unable to continue to work and fulfil their dreams themselves. The final stage was to help them to plan and save for their retirement. So as you can see really nothing much has changed!”

Speaking in relation to the challenging environment that savers and investors in Ireland have faced over the past few years, Ted continued by saying “I do hope that over the next few years, as Irelands’ economy improves, that the taxes and levies being charged to our industry will be reduced to encourage our young people to save and protect themselves and their families for the years to come.” Ted concluded “I am truly delighted to accept this award and would like to thank the industry and also my colleagues at City Life for their help and support over the years.” All in all, there were 12 award winners at the LPI Awards ceremony, with Ted’s company, City Life: Wealth Advisors shortlisted in the ‘Financial Planning Firm of the Year’ category, having been whittled down to the final 6 from over 30 nominees.

For more information on City Life visit www.citylife.ie.