Report
Individual Savings Plans (PIR)
Thanks to the collaboration with Deloitte Italia and law firm Nctm, JEME conducted in-depth research on Italy's Individual Savings Plans (PIR), a financial instrument designed to channel private capital towards domestic small and mid-cap companies.
About This Report
Individual Savings Plans (PIR)
Thanks to the collaboration with Deloitte Italia and law firm Nctm, JEME had the opportunity to conduct in-depth research on Italy's newly created market for Individual Savings Plans (PIR). The white paper was the first in Italy to address this topic since PIRs were introduced by the Italian Government Budget Law of 2017.
A two-project manager, eight-consultant team spent months analysing the regulatory framework, market dynamics, and strategic implications of PIRs — producing a comprehensive reference document for the Italian financial industry.
Key Findings
PIR Market: Key Themes
01
First Italian PIR White Paper
JEME produced the first Italian white paper on PIRs — a ground-breaking contribution to a nascent market, providing a comprehensive analytical framework immediately after the instrument's legislative introduction.
02
Regulatory & Legal Framework
Detailed analysis of the regulatory and legal framework governing PIRs — from eligibility criteria and investment constraints to tax incentive mechanics and compliance requirements for fund managers.
03
Market Opportunity
Assessment of the PIR market's potential to channel private savings towards Italian SMEs and mid-caps, with implications for the capital markets ecosystem and listed companies.
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