The introduction of super savings fund (SSF) with new tax incentives to promote long-term investment met positive responses from analysts yesterday (December 3), despite not being as attractive as the long-term equity fund( LTF) which is due to expire at the end of this year.  

The government has launched a so-called super savings fund (SSF) aimed at encouraging people to invest in long-term mutual funds by offering tax deductions of up to 30 per cent of annual income.