1. Supplementary endowment insurance for enterprises: it is a kind of supplementary insurance implemented by enterprises according to their own development and policies stipulated by the state.
2. Personal savings endowment insurance: it is a kind of savings insurance independently handled and paid by employees. store
3. Basic old-age insurance: The basic old-age insurance is enforced by national legislation. All enterprises and individuals must participate. Some of them are paid by enterprises and others by individuals.
4. Commercial endowment insurance: Commercial endowment insurance is a long-term life insurance with the main purpose of obtaining pension.
Bank RMB financial products can be roughly divided into bond type, trust type, linked type and QDII type.
Bond type
Investing in the money market, the investment products are generally central bank bills and short-term corporate financing bills. Since individuals cannot directly invest in central bank bills and short-term corporate financing bills, such RMB wealth management products actually provide customers with opportunities to share the investment income in the money market.
Trust type
Invest in trust products guaranteed or repurchased by commercial banks or other financial institutions with high credit rating, and also invest in beneficial trust products of excellent credit assets of commercial banks.
Hook type
The final yield of products is linked to the performance of relevant markets or products, such as exchange rate, interest rate, international gold price, international crude oil price, Dow Jones index, Hong Kong stocks, etc.
QDII type
QDII, that is, qualified domestic investment institutions provide overseas financial services on behalf of customers, refers to commercial banks that have obtained overseas financial services on behalf of customers.
QDII RMB wealth management products, in short, are wealth management products that customers entrust their RMB funds to qualified commercial banks, and qualified commercial banks convert RMB funds into US dollars, directly invest overseas, and after the maturity, exchange the US dollar income and principal into RMB for distribution to customers.
Electronic spotlight
New investment and wealth management products
Investment channels
Wealth management products can generally be purchased through commercial banks or non-bank financial institutions.
Traditional channels include banks, insurance companies, securities companies, futures companies and fund companies.
Emerging channels include: third-party financial institutions and integrated financial service institutions.
Advantages and disadvantages of three kinds of investment in capital preservation wealth management products
The first category:
Renminbi fixed income products
Advantages: most of these products are short-term products, and the operation mode is mainly bond investment and trust fund raising, with a yield of 3%~5% and guaranteed capital. Such products are suitable for elderly investors with low risk tolerance. However, if it is in the interest rate hike cycle, it may be difficult to outperform the savings deposit interest rate after the product expires. Investors are advised to avoid long-term products as much as possible.
Disadvantages: The hidden risk of such products is that the income may not be as good as the deposit.
The second category:
RMB structured products
Advantages: It is a wealth management product operated by banks through purchasing stock portfolio, stock index or commodity options. And raise investors' funds as a corresponding hedge. Most of them prefer linked tickets and concentrate on a few blue-chip stocks.
Disadvantages: Although this kind of products are guaranteed capital, if the products are terminated in advance due to the investor's own reasons, the guaranteed capital clause is no longer applicable. Most structured products can only repay 100% of the principal after maturity.
The third category:
New share subscription products
Advantages: Although the new share subscription product is a floating income product, the "breaking" has also caused the new share product to encounter a "cold current" for a period of time, but the risk of a single new share subscription product launched by many banks is relatively low and the principal guarantee is high. Whenever this kind of product issues new shares, it will raise funds for centralized subscription, cash out the new shares immediately after listing, and return the principal and income to the investor's account. Such products generally do not participate in offline subscription, so "breaking" has little impact on them.