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Japan Encourages Seniors to Invest in Equities

Fri, 05/04/2001 - 12:00am — Karen Stevenson
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Kyodo News reports that the ruling Liberal Democratic Party's tax policy-setting panel decided Wednesday to lift restrictions on tax breaks on equity investment trusts for people aged 65 or older. This is intended to encourage older people to shift their money away from bank and postal deposits and into equities.

Kyodo News reports that the ruling Liberal Democratic Party's tax policy-setting panel decided Wednesday to lift restrictions on tax breaks on equity investment trusts for people aged 65 or older. This is intended to encourage older people to shift their money away from bank and postal deposits and into equities.