Personal pension refers to a system supported by government policies, voluntary participation by individuals, market-oriented operation, and the realization of supplementary functions of pension insurance. Since its implementation in 36 cities including Beijing and Shanghai on November 25, 2022, it has been one year since the implementation of China's personal pension system. The Xinhua Health reporter from Economic Reference Daily recently learned that there are over 50 million individuals in China who have opened personal pension accounts, and personal pension products are steadily advancing. However, they still face challenges such as limited investment development and the need to optimize incentive policies. Experts suggest that current personal pension products urgently need to enhance their health service attributes, connect the interface between pension finance and pension services, in order to achieve integrated development and create a complete industrial loop of pension finance. Long term investment returns are highly regarded by the industry. Personal pension funds are implemented under a personal account system, with contributions fully borne by the participants themselves. They can independently choose to purchase financial products such as savings deposits, wealth management products, commercial pension insurance, public funds, etc. that meet regulations, implement complete accumulation, and enjoy tax preferential policies in accordance with relevant national regulations. Personal pension contributions are borne by the participants themselves, with an annual payment limit of 12000 yuan. They can be paid monthly, in installments, or annually, with the payment amount accumulated over the natural year and recalculated the following year. The method is very flexible. The reporter learned that as of the end of 2023, over 50 million people have opened personal pension accounts, and their long-term investment returns are highly regarded by the industry. According to data from the National Social Insurance Public Service Platform, as of the end of 2023, the number of personal pension products has increased to 753, including 465 savings products, 162 fund products, 107 insurance products, and 19 wealth management products. According to data, as of now, out of 465 savings products, Industrial and Commercial Bank of China has issued 54 savings products, ranking among the top; Huaxia Fund has 9 personal pension fund products, ranking first in terms of quantity; In terms of insurance products, Taikang Life Insurance has released 8 products that rank first; In terms of wealth management products, ICBC Wealth Management has released the largest number of products, reaching 6. According to the "One Year Insight Report on Personal Pension Funds" recently released by Huaxia Fund, based on the age distribution of different investment stages of personal pension funds, middle-aged and young people born in the 1980s and 1990s have shown stronger investment willingness, while some young people born in the 1990s and 2000s have already begun to take action. According to the research in the report, "the expectation of future appreciation of personal pension" is the main reason why investors choose to open accounts, and secondly, they hope to have more protection in the future; In addition, some investors are attracted by tax incentives and participation rewards to open accounts. In terms of the reason why investors did not deposit funds, the above report shows that insufficient understanding of personal pension is the main reason. Overall, 57% of investors gave up their deposit funds due to insufficient understanding of personal pension; Secondly, over 40% of investors did not contribute to their personal pension due to the short introduction time. It is also reported that the main reasons why investors did not purchase products are: limited product variety, unclear introduction, and insufficient attractiveness. Nearly 70% of investors have an expected return of 3% to 8% on personal pension products when choosing individuals