There are quite a few institutions that are allowed to handle enterprise annuity business, which can be divided into four qualifications: entrustment, account management, custody and investment management. The specific qualifications are as follows:

(1) Entrust: CCB, ICBC and China Merchants Bank; China Life Pension, Ping An Pension, Taikang Pension, Yangtze Pension and Taiping Pension; Warburg, CITIC and Shanghai International Trust

(2) Account management: China Construction Bank, Industrial and Commercial Bank, Bank of Communications, Shanghai Pudong Development Bank, China Merchants Bank, China Everbright Bank, Minsheng Bank and China Bank; Ping An Pension, Taibao Life Insurance, China Life Pension, Taikang Pension and Yangtze River Pension; CITIC Trust and Warburg Trust

(3) Custody: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, China Everbright Bank, China CITIC Bank, Shanghai Pudong Development Bank, Agricultural Bank and Minsheng Bank.

(4) Investment management: China Life Insurance Assets, Huatai Assets, Taiping Pension, Ping An Pension, PICC Assets, Changjiang Pension and Taikang Assets; Southern fund, Boss Fund, Huaxia Fund, harvest fund, Wells Fargo Fund, E Fund, Yin Hua Fund, China Merchants Fund, Haifutong Fund, cathay pacific fund, ICBC Credit Suisse Bank and Guangfa Fund; CITIC Securities, CICC.