Some 18 months after the introduction of its SCOPE range of investment products for lump sums investors, Irish Life has announced the launch of a regular savings version of the product.

The new product is called Saver SCOPE. It combines all the features of the traditional SCOPE product but will allow customers to invest as little as £63 (€80) per month. The lump sum minimum investment is £4,000.

Investors in the Saver SCOPE will have access to the full range of SCOPE investment funds and will have the same range of services available to traditional SCOPE investors.