Tuesday March 31, 2020

Pensions: Not good value for money

In one year between April 2001 and April 2002, more than 1.2 million of us were motivated to save for our future via SSIAs (Special Savings Investment Accounts).

21st January, 2006

In one year between April 2001 and April 2002, more than 1.2 million of us were motivated to save for our future via SSIAs (Special Savings Investment Accounts). One of the principal motivators was the promise of ‘free money’, with the state adding 25 per cent on top of whatever we saved.

For those of us who decided to save the maximum amount of €254 per month (originally IR£200 per month), the ‘free money’ will amount to...

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