Do not advertise expected rates of return.

Financial products that do not meet the requirements are not allowed to use the word "pension". "I have seen some fund products with the word 'pension' in their names before, but specifically, there is no difference between these funds and other financial products and fund investments." Investment in Hangzhou

Ms. Chen said that in recent years, she has become suspicious of some so-called elderly care products on the market.

In fact, the China Banking Regulatory Commission is still continuing to clean up financial products with the word "elderly care" that are not worthy of the name.

Currently, most financial institutions have removed related products from their shelves.

The "Notice" emphasizes this time that for commercial pension financial products that meet the requirements of the "Notice", banking and insurance institutions can use the word "pension" in product names and marketing promotions.

Other financial products may not use “seniors only” or other words that may cause confusion in their names and marketing communications.

In addition, banking and insurance institutions should, in accordance with the principles of legal compliance, safety and order, and protecting the legitimate rights and interests of customers, rename or clean up financial products that have the word "pension" in their names but do not meet the requirements of the notice, and in June 2023

The rectification situation will be reported to the regulatory authorities 30 days ago.

Regarding the financial income information that citizens are very concerned about, the "Notice" also stipulates that the promotional materials and sales documents of commercial retirement financial products should be concise and easy to understand, and must not contain promotional content that is inconsistent with the facts or misleading.

Commercial pension financial products are not allowed to advertise expected rates of return.

In the product contract, you should make clear agreements with your customers on liquidity arrangements under special circumstances, but you must not shorten the business duration in a disguised manner through term structure design or other methods.

It has launched 18 real retirement financial products.

did you buy it?

According to information from China Financial Management Network, as of now, 17 retirement financial products of four financial management companies, ICBC, China Construction Bank, China Everbright, and China Merchants Bank, have been "registered", all using public offerings.

In addition, a joint venture financial management company is testing the waters for the first time - BlackRock CCB Financial Management also released its first retirement financial product.

So far, financial management companies have 18 types of retirement financial products.

Compared with most bank financial products currently on sale, the most notable feature of these 18 financial products is their higher expected returns.

At present, the performance benchmark of bank wealth management products generally does not exceed 4%, and 15 of these 18 products have a lower limit of 5.8%, and the other three are 4.8% and 5% respectively.

Judging from the upper limit of the performance comparison benchmark, the highest product reached 10%, 12 products reached 8%, 3 products reached 7%, and 2 products reached 5.8%.

Most product performance benchmarks are concentrated in the range of 5.8% to 8%.

Of course, the performance benchmark is not the actual return on the product at maturity.

In terms of risk levels, 17 of the 18 products were rated R2 (medium-low), and only one product was rated R3 (medium).

Last month, relevant sources from the China Banking Regulatory Commission revealed that as of the end of the first quarter, 16 financial products for the elderly had been successfully sold, and 165,000 investors had subscribed for 42 billion yuan, of which over 70% were investors over 40 years old, and investors with a subscription amount of less than 200,000 yuan

Over 60%.

Related Q&A: Related Q&A: Apart from Yu’E Bao and WeChat Financial Management, what other reliable online financial products do you know?

In fact, there are still many online financial products.

1. Monetary funds. Take Yu’E Bao and WeChat financial management as examples. In fact, Yu’E Bao is a kind of monetary fund. Currently, major securities companies, fund companies, and banks all have their own monetary funds. As for me, I use Yu’E Bao.

What’s interesting is that Bank of China’s monetary fund Yin De Bao has a similar yield to Yu’e Bao, with an annualized return between 2% and 3%. It is suitable for short-term financial management and has higher interest rates than bank interest over the same period.

Second, treasury bonds, treasury bonds guarantee principal and interest. The interest rate of three-year and five-year treasury bonds is above 4%. However, the issuance of treasury bonds is very popular and often cannot be obtained. You can consider purchasing savings treasury bonds.

3. Treasury bond reverse repurchase. Treasury bond reverse repurchase is a transaction in a securities account. Simply put, the institution mortgages the treasury bonds in its hands to you, and you lend your funds to the institution. The two parties agree on the period of use and interest.

After maturity, the institution will return the money and interest to you, and you will return the treasury bonds to the institution. The operation is very convenient. You only need to trade once and the maturing funds will be automatically credited to your account. The interest on the treasury bond reverse repurchase will be paid at the end of each month and quarter.

, there will be a surge, which is suitable for investors who have time to trade.

Fourth, although the bank's low-risk financial products do not promise to protect capital, the possibility of losing money is almost zero. Generally, the annual return rate is 4% to 5% for an investment of 10,000 yuan.

5. Income certificates from securities companies. Income certificates are currently the only financial products that guarantee principal and interest. One of the great advantages of income certificates is that you can negotiate with the securities company about the period of fund use and interest. Generally, you can negotiate an annualized rate of return of more than 5%.

6. Trust, trust financial products issued by trust companies, generally have an annualized rate of return of 8% to 10%. When choosing trust products, try to choose urban investment projects and central enterprise projects with government background. Such products have a high completion rate.

Contributes to safe payment.

7. Funds. Funds are divided into many types. Among them, bond funds have lower risks, while hybrid funds, stock funds and index funds have higher risks and may also have higher returns.