Japan’s Personal DC Pension Plans Could Garner JPY ¥3.1 A Year: DBMani
With the Japanese government’s plans to expand personal defined contribution (DC) pension plans studded with three tax benefits and with 26 million people eligible, the expanded DC plan could witness more than JPY3.1 trillion per annum, report analysts at Deutsche Bank. Mikihiro Matsuoka and Kentaro Koyama said in their August 5 research piece titled “Inconsistency of policy to promote ‘savings into investment’” that they believe the Japanese government’s campaign to encourage a shift "from savings into investment" contains misleading elements.
Personal DC could get twice . . .
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