Government Launches National Financial Literacy Strategy with €200,000 Funding, Investment Account Plans

The Irish Government is set to launch its latest National Financial Literacy Strategy today, introducing over 100 new measures aimed at enhancing public financial resilience. Key areas addressed include fraud and scam prevention, guidance for pension auto-enrolment, informed decision-making regarding savings, and investment awareness.

A significant focus of the strategy will be on improving financial literacy within schools and colleges. This initiative is supported by €200,000 in funding allocated for financial literacy projects, designed to cultivate essential financial skills from an early age.

The new plan will be officially unveiled at an event later today by Tánaiste and Minister for Finance Simon Harris. During the launch, Mr. Harris is expected to detail his proposals for introducing a new Personal Investment Account in the forthcoming Budget.

Mr. Harris stated, «It is about making investing simpler, more accessible and more transparent and it's about removing barriers that have discouraged participation for too long.» He further elaborated, «My intention is to legislate for an Investment Account during 2026, with accounts available from 2027. But legislation alone is not enough. If people are to take advantage of new opportunities, they need confidence, information and trusted guidance. That is why financial literacy is so critical.»