Jitta Wealth Backs TISA, Recommends Learning from Japan's NISA for Savings

Prachachat•Economy•1d ago

Reader Briefing

Jitta Wealth advocates for Thailand's TISA savings model, urging a regulatory approach inspired by Japan's NISA to boost domestic investment and financial discipline.

•Jitta Wealth is endorsing the TISA (Thailand Investment Savings Account) model as a crucial tool for reviving the Thai stock market.
•The company suggests drawing lessons from Japan's NISA (Nippon Individual Savings Account) and emphasizes the need for good corporate governance.
•TISA aims to provide Thai investors with greater freedom in asset selection, portfolio adjustment, and building genuine retirement savings discipline.

Overview

•Jitta Wealth supports the TISA concept, believing it is a key to restoring the Thai stock market.
•Jitta Wealth recommends learning from the success of Japan's NISA, which was implemented alongside enhanced corporate governance.
•The key advantage of TISA is its ability to 'unlock' the potential of Thai investors, offering freedom in asset selection and portfolio adjustment for retirement savings.
•TISA is presented as superior to existing tax-deductible funds (SSF, RMF, ThaiESG) due to its flexibility in investment policies, allowing choices beyond specific mutual fund types.
•TISA enables investors to set their own investment strategies within a tax-advantaged framework, choosing asset types and weights to match personal risk tolerance and goals.
•TISA is highlighted as a vital tool for building financial discipline in Thailand's aging society, promoting long-term saving and investing for retirement security.
•Learning from Japan's NISA, sustainable market capital inflow requires improved quality of listed companies, alongside policies promoting corporate governance, efficient cash use, dividend payments, and shareholder value.
•To ensure TISA's success, Thailand must simultaneously provide investor freedom and benefits through TISA while the government and stock exchange elevate corporate governance to make listed companies strong and appealing for long-term investment.

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Source: Prachachat (Original)

Key Quotes

Trawut Panisuan

"TISA will fill this gap by allowing investors to use tax benefits with a wider range of assets, not limited to specific mutual fund types."

TISA จะเข้ามาอุดช่องว่างตรงนี้ โดยเปิดโอกาสให้นักลงทุนใช้สิทธิประโยชน์ทางภาษีกับสินทรัพย์ที่หลากหลายขึ้น ไม่ได้จำกัดอยู่แค่กองทุนรวมประเภทใดประเภทหนึ่ง

Trawut Panisuan

"Because each investor has different goals and risk tolerance, TISA will help us design investment portfolios with greater diversity."

เพราะนักลงทุนแต่ละคนมีเป้าหมายและระดับการยอมรับความเสี่ยงที่แตกต่างกัน TISA จะเข้ามาช่วยเอื้อให้เราสามารถออกแบบหน้าตาของพอร์ตลงทุนให้มีความหลากหลายมากขึ้น

Trawut Panisuan

"Saving and long-term investment are not options, but the 'way to survival' for Thai retirement planning."

การออมและการลงทุนระยะยาวไม่ใช่ทางเลือก แต่เป็น ‘ทางรอด’ ในการวางแผนเกษียณของคนไทย

Trawut Panisuan

"Therefore, if Thailand is to succeed in promoting TISA, we must do two things simultaneously."

ดังนั้น หากประเทศไทยจะผลักดัน TISA ให้สำเร็จ เราต้องทำสองด้านพร้อมกัน

Key Entities

Organization

Jitta Wealth Asset Management(บลจ.จิตตะ เวลธ์)

Asset management company advocating for the TISA savings model in Thailand.

Law

Thailand Investment Savings Account(TISA)

A proposed savings model for Thailand aimed at enhancing investor freedom and long-term savings discipline.

Nippon Individual Savings Account(NISA)ℹ️

Japan's successful individual savings account model, used as a benchmark for Thailand's TISA.

Super Savings Fund(SSF)

An existing tax-deductible savings fund in Thailand, contrasted with the proposed TISA model.

Retiree Mutual Fund(RMF)

An existing tax-deductible savings fund in Thailand, contrasted with the proposed TISA model.

Thai Environmental, Social, and Governance(ThaiESG)

An existing tax-deductible savings fund in Thailand focused on ESG principles, contrasted with the proposed TISA model.

Person

Trawut Panisuan(นายตราวุทธิ์)

A key figure from Jitta Wealth Wealth who provided statements and recommendations regarding the TISA model.