Special savings for a very special cause

IF the tsumani disaster allowed us to display our famed Irish generosity, then the forthcoming windfall coming our way in the form of the SSIAs represents an historic opportunity to generate seismic change and goodwill.

The value of these €1.13m accounts is being estimated at €15 billion, with a large proportion of savers set to scoop the maximum €19,000 sum. One can only imagine the impact on communities in the developing world of a fraction of such money.

With the tsunami appeals still ringing, this is undoubtedly a very good time for all savers to earmark part of these savings for emergency relief or similar causes and confirm our generosity like never before.