Written answers
Thursday, 10 October 2024
Department of Finance
Financial Services
Seán Haughey (Dublin Bay North, Fianna Fail)
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147. To ask the Minister for Finance if he will introduce individual savings accounts, similar to those in the United Kingdom, as a new savings vehicle; and if he will make a statement on the matter. [40760/24]
Jack Chambers (Dublin West, Fianna Fail)
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I note the Deputy's query regarding individual savings accounts available in the United Kingdom. With regard to individual savings accounts, it will be of interest to the Deputy that my Department published the Terms of Reference for a review of Ireland’s funds sector - ‘Funds Sector 2030: A Framework for Open, Resilient & Developing Markets’ last year.
A draft report was submitted to me for consideration in recent weeks and this is in line with the Review’s Terms of the Reference. The review was wide ranging and examined a range of issues relevant to the funds sector.
I plan to publish the report of the review shortly.
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