The so-called individual pension refers to the system of government policy support, individual voluntary participation, market-oriented operation and supplementary functions of pension insurance.
The maximum amount of personal pension paid by participants each year is 654.38+0.2 million yuan, and they decide the investment scheme of personal pension fund account independently, including the investment variety and amount of personal pension products.
In addition, it is worth noting that the personal pension fund account is closed and can only be accessed at the payment stage. When the insured reaches the age of receiving the basic pension, completely loses the ability to work, goes abroad (settles down) and other circumstances stipulated by the state, he can receive the individual pension on a monthly, phased or one-time basis. If the participant dies, the account assets can be inherited.
Individual pension related policies are intensively introduced.
165438+1On October 4th, Ministry of Human Resources and Social Security, China Banking Regulatory Commission and China Securities Regulatory Commission jointly issued the Measures for the Implementation of Individual Pensions; The Ministry of Finance and State Taxation Administration of The People's Republic of China issued the Announcement on Individual Income Tax Policy for Individual Pensions. The CBRC publicly solicited opinions on the Interim Measures for the Administration of Personal Pension Business of Commercial Banks and Wealth Management Companies (Draft for Comment); On the same day, the CSRC also issued a formal draft of the Interim Provisions on the Administration of Personal Pension Investment and Public Offering of Securities Investment Funds. Four documents related to personal pension were published in one day, which means that personal pension has officially landed, and the construction of China's old-age security system has entered a new stage of development.
After a lapse of half a month, a series of related policies and measures were introduced intensively again. 1 18 10 18, the CBRC concluded the stage of soliciting opinions, issued the Interim Measures for the Administration of Personal Pension Business of Commercial Banks and Wealth Management Companies, and determined the list of the first batch of institutions offering personal pension business, including 23 commercial banks and wealth management companies1/kloc- On the same day, China Securities Regulatory Commission, the official website, published the directory of individual pension fund sales organizations, and 37 organizations were selected, including commercial banks 16, securities companies 14 and 7 independent fund sales organizations. Recently, the China Banking Regulatory Commission issued the Notice on Matters Related to Personal Pension Business of Insurance Companies.
The battle for individual pension fund accounts kicked off.
With the gradual implementation of individual pension financial policies, a number of banks announced that they would officially launch individual pension business in pilot cities, and introduced preferential measures such as giving red envelopes and lottery to attract investors to open individual pension fund accounts. According to the official account of China Industrial and Commercial Bank WeChat, if you open an individual pension account, you will have a chance to get a reduction from 50 yuan WeChat. According to the APP of China Merchants Bank, customers in pilot cities can draw up to 288 yuan in red envelopes when opening personal pension fund accounts, and they can also receive1cash-filled red envelopes, 0 yuan if they deposit in 10 yuan. Postal Savings Bank launched the activity of opening personal pension account, and Bank of Beijing launched the activity of opening personal pension account, and you can participate in the activity of withdrawing 30-288 yuan from WeChat or JD.COM e-card.
Zhou, an analyst in the financial market department of China Everbright Bank, said that the reason why the bank actively promoted the implementation of the personal pension system was because of the consideration of promoting the development strategy of the third pillar pension insurance; On the other hand, due to the uniqueness of individual pension accounts, banks are also actively expanding customer resources and deposit resources, promoting the development of asset management business and expanding profit growth space.
Eligible individuals can participate voluntarily, and all expenses are borne by individuals. According to the regulations, the insured needs to open an individual pension account and an individual pension fund account, which can be handled at the same time in the bank. At present, only 23 banks in China can handle individual pension fund accounts. However, as of June 29th, 165438+ 16 companies have opened capital account business, namely, Industrial and Commercial Bank of China, Agricultural Bank, China Construction Bank, Bank of Communications, Postal Savings Bank, China CITIC Bank, China Everbright Bank, Minsheng Bank, China Merchants Bank, Industrial Bank, Ping An Bank, China Guangfa Bank, Shanghai Pudong Development Bank, Zheshang Bank and China Guangfa Bank.
1 1 Banks give priority to fund trading business.
It is understood that personal pension adopts "market-oriented operation", and the insured person decides the investment plan of personal pension fund account independently, including the investment variety and investment amount of personal pension products. The types of products that can be purchased for personal pension mainly include personal pension savings, bank pension financing, commercial pension insurance, and public pension target funds.
According to a survey report, the main way to obtain pension financial products is banks, because banks have the most sinking outlets, can reach the widest target customers, and have greater advantages at home. Bank wealth management products are also expected to take the lead in the competition of individual pension asset allocation by virtue of the "first-come-first-month advantage".
However, at present, many banks' personal pension business investment products have given priority to related fund products. ICBC announced the selection of dozens of outstanding individual pension fund products. Bank of Ningbo introduced that personal pension fund products have been launched, and financial management, insurance and savings products are being systematically docked. The Agricultural Bank of China also said that in Beijing, Tianjin and other pilot cities for personal pension, it has fully opened the service of opening, depositing, receiving and purchasing personal pension fund accounts in Public Offering of Fund, and will provide services such as personal pension savings, trading and consulting of wealth management products and insurance products one after another. By inquiring about the personal pension business of commercial banks, the financial sector learned that 1 1 bank has opened the fund trading business.
"The reason why pension fund products are first added to the shelves of personal pension products may be related to the advantages of moderate overall risk, relatively high returns, diverse varieties and good liquidity of fund products." Zhou said that the configuration management, product innovation and adaptation of personal pension products need a process, and the product shelves will gradually fill up. On the whole, personal pension products reflect the attribute of "providing for the aged", and the investment style is biased towards stable value investment.
Zhou believes that the personal pension system has brought great development potential to banks, insurance, funds and other financial institutions. It is expected that the next decade will bring trillions of long-term stable funds to financial institutions, not only long-term stable liabilities for banks, but also long-term stable living water for asset management and capital market development. However, financial institutions need to take this step and constantly improve their product innovation capabilities; Do a good job in product design, risk management, promotion management, information disclosure and protection of investors' legitimate rights and interests, and accelerate the construction of internal systems.
For individuals, different groups of people need to fully consider their own financial situation and make clear whether it is necessary to make necessary plans for personal pension; Because of the long term of personal pension, individual investors need to reasonably predict the potential liquidity in the future.