Wise investment by SSIA savers

SAFE special savings incentive account (SSIA) investors who opted for fixed-rate products are on target to get the best return on their investment, a study has found.

Wise investment by SSIA savers

And SSIA savers who invested in stock market-driven equity accounts will fare better than investors who opted for variable accounts, the study by Life Strategies, the independent actuarial consultancy, reveals.

It had been expected SSIA investors in equity-driven accounts would fare worst when the scheme ends in 2007 after share values plummeted.

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