First, bank pension financial products aim to pursue long-term and stable appreciation of pension assets.

In comparison, there are the following differences between bank pension financial products and other financial products issued by banks.

The development of the third pillar of pension financial products is constantly driven by policies.

The State Council issued the "Opinions on Promoting the Development of Elderly Care Services" which clearly supports banks, trusts and other financial institutions in developing pension financial products, trust products and other pension financial products.

Picture source: Internet Second, bank pension financial products are designed to provide stable and sound investment services for middle-aged and elderly people to achieve the purpose of providing for themselves in old age.

Since middle-aged and elderly people are generally low-risk takers and have different risk levels from other financial management products, when designing retirement financial management products, it is necessary to focus on controlling the volatility of the product's net value and leverage the advantages of bank financial management asset allocation to diversify risks.

Third, the average term of pension financial products is longer than that of other ordinary financial products.

Judging from the statistics of market products, the average term of pension financial products is 631 days, which is much higher than the 185-day average term of newly issued closed-end financial products; in terms of expected returns, there is little difference between pension financial products and ordinary financial products.

Compared with funds and insurance, bank wealth management products entered the pension finance field relatively late.

Pictures are sourced from the Internet. Fourth, among insurance institutions, there are currently 8 pension insurance companies including China Life Pension, Taikang Pension, and Yangtze River Pension, as well as CCB Pension Management Company, which are focusing on the pension finance field and issuing personal pension security management products.

The market size exceeds 600 billion yuan.

The pension products of public funds are more specific. According to the different age levels and risk tolerance of customers, they are mainly divided into pension target risk funds and pension target date funds.

Fifth, the pension financial market has gradually become a "new blue ocean" for major commercial banks to compete for the market. Among them, there is an obvious trend of using the financial management subsidiaries of major banks as the promoters of strategic layout.

Since July, with the recovery of the stock market, bank financial management funds have "focused" on the stock market. Many financial management subsidiaries mainly invest in the stock market through direct investment in equity assets or indirectly through FOF.

Previously, national policies have always encouraged pension funds to enter the market, and long-term funds have a certain stabilizing effect on the entire capital market.

Pictures are from the Internet. Sixth, although pension financial products usually have a long term and take three to five years to occupy funds, there are also many bank financial subsidiaries that have pension financial products that have increased the flexibility of the product settings.

Compared with ordinary financial management, pension financial products are more suitable for investors who have mid- to long-term pension needs and pursue relatively stable returns.

If you are interested, you can directly consult the financial managers of each bank to purchase the product during the opening period.