SSIAs have added €1bn to value, says report

SPECIAL Savings and Investment Accounts (SSIAs) have added a further €1 billion to their projected final value, according to a report from actuaries, Life Strategies.

They estimate the final value of the special savings schemes at over €16 million up from the figure of €15m published in August.

The Government stands to take €400m through the 23% exit tax on interest earned on the accounts, the report said.