SSIA pension-fund idea fails to take off

The government scheme to encourage holders of Special Savings Incentive Accounts (SSIAs) to transfer their savings into pension funds has failed to take off.

5th August, 2006

The government scheme to encourage holders of Special Savings Incentive Accounts (SSIAs) to transfer their savings into pension funds has failed to take off.

The Revenue Commissioners have extended the deadline for holders of maturing SSIAs, who can switch their lump sums and receive a €1 government bonus for every €3 invested, after the offer was shunned in its first two months.

The move, which is a temporary extension and will apply only to SSIA...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago