Savings and Investments: Due diligence a key consideration
Most savers these days are being much more cautious about where they put their money, writes Caroline Allen.
Irish savers and investors have become increasingly concerned with the guarantees offered by their financial institutions as a result of the conclusion this month of the Irish blanket guarantee scheme, according to Brendan Synnott, managing director of Nationwide UK Ireland.
"Due diligence is very much in evidence from savers and investors," he said. "They are investigating whether they can avail of the Irish guarantee for €100,000 or the UK guarantee for £85,000."
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