“iDeCo” is one of the private pensions that individuals voluntarily join on top of public pensions, and there are preferential treatment that tax exemptions are made on contributions and investment profits.
Regarding this iDeCo, Nippon Life decided to waive the account management fee, which subscribers pay 319 yen every month, from October.
Regarding iDeCo’s account management fee, there is a movement among securities companies and banks to make it free without any conditions, but it is said that it is the first time in the life insurance industry.
On the other hand, ahead of the expansion of the preferential tax system “NISA” in January next year, Internet securities companies announced one after another in August that they would waive commissions for trading domestic stocks.
In this way, amid growing interest in future asset building, there is a growing movement among financial institutions across all industries to reduce asset management fees in an attempt to attract individual investors.
2023-09-03 21:30:14
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