Special Savings Incentive Scheme

In Business This Week tomorrow The Irish Times in association with Becketts Employee Benefit and Personal Financial consultants…

In Business This Week tomorrow The Irish Times in association with Becketts Employee Benefit and Personal Financial consultants will assess the deposit products on offer to savers under the Special Savings Incentive Scheme. On Friday, May 18th investment-type products will be assessed. Under the scheme, the Government will give savers £1 for every £4 they save per month over a five-year period. Savers have to open a Special Savings Incentive Account to benefit under the scheme. Broadly they can choose between the deposit-type accounts or investment-type accounts on offer from a range of financial institutions. Each saver can only have one account which can be opened at any time up to April 30th, 2002.