“Keeping the fiscal stimulus up-to-date, with attractive and significant values, promotes decision-making by individuals and families towards contracting these products, which both cover life risk and promote long-term savings for multiple purposes. , but especially as a retirement supplement”-explains Irene Capusselli, president of AVIRA.
“Tax incentives for Life and Retirement insurance coverage are an essential part of insurance operations in all markets that promote internal savings and see in this activity not only a contribution to the well-being and standard of living of society, but also in which it aims to generate a solid pole of institutional investors of high prominence and preponderance in their respective economies”- synthesizes.
Today, the Life and Retirement Insurance companies in Argentina manage long-term investment portfolios, in concomitance with the commitments assumed, which amounted to $324,662 million per Retirement as of 6/30/22, the latest official data, while the Vida had $272,001 million on the same date. These funds are placed in different types of financial instruments in order to maintain their value, increase returns for clients and promote the national economy by financing its development.
“Maintaining these two tax coverages adequately incentivized constitutes an essential attribute to promote interest in acquiring them and thus enhance the impact of this mass of funds on productive activity. It is good for the country, for its economy, for companies and for society. Each of the links in this chain benefits from the measure”.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
