Oppenheim call for new saving schemes

Oppenheim Investment Managers have urged the Government to encourage people to continue saving.

Kevin Gallacher, managing director, Oppenheim Investment Managers, said: "The Government may argue that it would not be wise to commit to another five years of guaranteed 25% top-ups, but a tax-incentivised saving scheme doesn’t need to involve government rebates. There is a similar scheme in place in the UK at present that could act as a model for Ireland."