On East Coast FM | The Government’s New Investment Account

Michael Byrne, CEO of Core Credit Union, recently joined the Morning Show on East Coast FM. Michael spoke with Declan Meehan about the Government’s new investment schemes due to be introduced in 2027.

He shares practical tips on organising your investments, planning for the future, and the importance of maintaining a rainy-day fund to help cover unexpected expenses. Michael also highlights the value of diversification, explaining that you should never put all your eggs in one basket.

By investing in a fund, your money is spread across a wide range of companies, helping to reduce risk. While some investments may rise and others may fall, a diversified fund can deliver steady long-term growth, with average annual returns typically in the region of 5% to 6%.