A new scheme to provide more attractive investment options to households is an idea worth exploring. Change may be needed, though within a framework that capital taxes in Ireland generally remain relatively low. The second key issue is whether special incentivised products are needed to encourage savers to move funds into investments. There are, as Harris has said , international models which generally offer a tax advantage for putting money into investments, subject to certain limits. The banks will lose some deposits, but as they own much of the wealth management industry they will pick up business, too.

Source: The Irish Times February 17, 2026 13:30 UTC