Assoprevidenza hopes that the Government will take the opportunity of the imminent application decree envisaged by the 2015 Stability Law to take a first step towards a reconsideration of the taxation of pension funds and pension funds, heavily penalized by the increase in taxation while the other countries Europeans go in the opposite direction. The decree in question will have to indicate for which types of investments the tax credit introduced by the Stability Law will be recognized to pension investors together with the tightening of the rates on returns (from 11,50% to 20% on the accrued, for the pension complementary).
"We hope that the provision - says the President of Assoprevidenza Sergio Corbello - will be able to identify medium or long-term financial assets in which pension funds and professional funds can actually invest immediately, also offering an important indirect contribution to the consolidation of the economic recovery" .
“In this regard – adds Corbello – I fully agree with those who suggest that the same types of investment envisaged by the Juncker Plan be favored with the tax credit, thus achieving an appropriate alignment with the objectives of the European Union”. In the plan, with which the new president of the European Commission Jean-Claude Juncker intends to support economic recovery and employment, some strategic infrastructure sectors (transport, energy, telecommunications and education) are indicated as recipients of investments of small and medium enterprises. These are "alternative" loans which, included in percentages contained in pension fund portfolios, will be able - according to Assoprevidenza - to generate higher returns than traditional financial investments without increasing risk levels. The economic recovery will then have to make it possible to reconsider the overall taxation of supplementary pensions in the stability law for 2016, realigning it to Europe, where the EET system is in force, exemption for contributions paid, exemption for returns achieved, taxation of benefits.
