The CBRC has clarified matters related to insurance companies' personal pension business
2022-11-23
On November 22, the reporter learned from the CBRC that in order to promote the construction of a multi-level and multi pillar endowment insurance system and promote insurance companies to carry out personal pension business, the CBRC has recently issued the Notice on Matters Related to Insurance Companies Carrying out Personal Pension Business. The notice stipulates the basic requirements for insurance companies to carry out personal pension business, and specifies that they mainly choose companies with strong capital strength and relatively standardized operation to participate. The notice pointed out that insurance companies should implement the requirements of the individual pension system, provide a simple, safe, stable and long-term value preserving and value-added commercial pension insurance, improve the protection mechanism for customers' rights and interests, and meet the growing diversified pension needs of the people. Insurance companies can provide qualified annuity insurance and endowment insurance to participants in the individual pension system. The notice requires that the insurance company should sign an insurance contract separately with the participant, and clearly mark the contract in the company's relevant information system, and should not accept the use of the funds in the personal pension fund account to insure others; Strengthen the control of personal pension funds, and all kinds of fund transactions related to personal pension insurance products should meet the requirements for closed management of personal pension fund accounts. The head of the relevant department of the CBRC said that the CBRC will continue to improve the regulatory rules, strengthen the supervision of personal pension business, standardize the company's business behavior, and promote the healthy development of the personal pension system. (Liu Xinshe)
Edit:wangwenting Responsible editor:xiaomai
Source:xinhuanet
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