Raising the maximum asset threshold that pension funds can allocate to PIRs, the tax-subsidized individual savings plans that made their debut in January. This is the proposal presented by Pension funds, the category acronym that represents 31 different pension funds, and by its president Giovanni Maggi.
The idea was allegedly put forward by Maggi himself during a conference organized by Febaf (Federation of Banks, Insurance and Finance), during which the president of Assofondipensione proposed raising the maximum capital threshold from 5 to 15%, which, for law, supplementary pension products can be allocated to PIRs.
