Many people are not listening to SSIA gurus

HARDLY a day goes by without a politician or a financial guru spouting advice on the radio about how best we can spend our SSIA windfalls.

Some of us, we hear, are going to buy new cars; others will take exotic vacations and more will choose to have home extensions built.

The less-well-off are being told to invest the proceeds in a pension scheme so they won’t be dependent on the minimum State pension.