No pre-Budget rush to putextra cash into special savings account

INVESTORS did not use the run-up to the Budget to make big increases in their special savings incentive account (SSIAs).

Despite growing fears that Finance Minister Charlie McCreevy might put a cap on the scheme, only some €2 to €3m more than normal went into SSIAs in November, bringing the total invested to €1,402m at the end of November.

Deposits linked to SSIAs in November rose €126m and was only up marginally on the monthly increases since the scheme closed in April.