Madrid, June 24 (EFECOM).- The president of the Association of Collective Investment Institutions and Pension Funds (Inverco), Ángel Martínez-Aldama, reiterated this Monday the need to promote long-term savings with fiscal measures and not fiscal, and to promote pension plans.
During the closing of the General Assembly of Inverco, in which the Secretary General of the Treasury, Paula Conthe, participated, Martínez-Aldama recalled the fifteen-point proposal proposed by the association to stimulate pension plans, including recovering the limit annual contributions eligible for tax relief.
The president of Inverco has opted to strengthen European capital markets to face the necessary investments in digitalization and decarbonization, and has called for measures to facilitate access for retail investors.
Martínez-Aldama has pointed out that, despite the progress made, there is still a long way to go to achieve full regulatory alignment of Spain with the European Union (EU).
In her speech, Paula Conthe said that she “takes note” of the sector’s claims and stressed that collective investment is experiencing a “crucial moment” in the EU, where there are several regulatory developments underway.
Among the community initiatives, the Secretary General of the Treasury has pointed out the revitalization of securitization markets, the promotion of pan-European savings products and the alignment of tax and insolvency rules.
According to Conthe, the Ministries of Economy and Ecological Transition hope to soon launch the long-awaited Green Book on Sustainable Finance for public consultation.
The Ordinary General Assembly of Inverco has approved the 2023 accounts and the budget for 2024.
In addition, it has elected the new presidents of the two groups that make up the association, who will also be vice presidents of Inverco.
Lily Corredor will occupy the presidency of the Group of Collective Investment Institutions, representing Ibercaja Gestión, while José González will chair the Group of Pension Funds, representing Santander Pensiones. EFECOM
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