Brennan aims to defuse pensions time bomb with new SSIA scheme
The SSIAs, which are worth €14.5 billion, will begin to mature next year and Mr Brennan wants to have a scheme in place to encourage people to continue saving - especially in pensions.
Only 59% of all workers and even less women - 43% - currently have pension schemes and the Government is anxious to increase coverage and adequacy hugely.