Michael Cahill (Kerry, Fianna Fail)
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444. To ask the Minister for Finance to examine a matter regarding an investment scheme (details supplied); and if he will make a statement on the matter. [57906/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Deputy has asked about the introduction of an ISA type investment system in Ireland.

As the Deputy may be aware the final report of the Funds Review, ‘Funds Sector 2030: A Framework for Open, Resilient & Developing Markets’ was published?in October 2024 and includes recommendations?to?support and encourage retail investment. In addition, on 30 September, the European Commission adopted a Recommendation on increasing the availability of Savings and Investment Accounts (SIA) in Member States. The Recommendation outlines the key characteristics that SIAs should have to maximise their uptake and help achieve the objective of boosting retail participation in capital markets.

Ireland is committed to support initiatives that enhance retail investor participation in capital markets. As such, I strongly welcome the publication of this Recommendation.

I am committed to taking the necessary action to support?retail investment in?Ireland.

I intend to publish a roadmap which will set out the intended approach to simplify and adapt the tax framework to encourage retail investment in future Finance Bills. The roadmap is expected to be published by early 2026 and will take into account the European Commission Recommendation.

In addition, in recognition of the importance of encouraging retail investment, Finance Bill 2025 includes provision for a reduction in the rate of taxation that applies to Irish and equivalent investment funds and Irish and certain foreign life assurance policies from 41% to 38%.