Commercial pension finance will gain greater development space this year. The reporter learned from the China Banking and Insurance Regulatory Commission that the national old-age insurance company officially approved to open recently will focus on the development of innovative old-age financial businesses such as old-age annuity insurance, exclusive commercial old-age insurance and commercial old-age plans, and strive to meet the diversified old-age security needs of the people. In addition, the pilot of pension savings is about to start, and the pilot of commercial pension plan mainly for low - and middle-income people is being prepared. "The national endowment insurance company is a professional endowment insurance operation organization and will actively participate in the construction of the third pillar endowment insurance. We encourage the company to make bold innovations in business operation, risk control and management mechanism and system, and actively participate in the pilot of endowment finance." A spokesman for the China Banking and Insurance Regulatory Commission said. According to the spokesman, since 2021, the CBRC has earnestly implemented the decision and deployment of the CPC Central Committee and the State Council on standardizing the development of the third pillar of pension insurance, steadily promoted the development of commercial pension finance, and successively launched the pilot of exclusive commercial pension insurance and pension financial products. On the whole, the pilot is progressing smoothly and all parties have responded well. In June 2021, six insurance companies launched a pilot of exclusive commercial endowment insurance in Zhejiang Province and Chongqing. According to the China Banking and Insurance Regulatory Commission, by the end of February 2022, the pilot companies had underwritten 71800 insurance policies with a total premium of 472 million yuan, including more than 12000 employees in new industries and new formats. From March 1, 2022, the pilot area of exclusive commercial endowment insurance will be expanded to the whole country, and endowment insurance companies will be included in the pilot. In terms of pension financing, in September 2021, four financial subsidiaries carried out pilot pension financing products in Wuhan, Chengdu, Shenzhen and Qingdao. At present, a number of pilot products have been successfully sold. From March 1, 2022, the pilot scope of pension financial products will be expanded from "four places and four institutions" to "ten places and ten institutions". At the same time, BlackRock Jianxin financial company, which is controlled by foreign capital, will also join the pilot and will launch relevant products in the near future. In addition, a spokesman for the China Banking and Insurance Regulatory Commission revealed that the pilot of pension savings is also about to start, and the pilot of commercial pension plan mainly for low - and middle-income people is being prepared. At the same time, the CBRC has recently launched a series of policies to standardize and promote the development of pension insurance institutions, support the construction of pension insurance institutions, encourage them to participate in pension financial reform, further enrich the supply of pension finance and meet the diversified pension needs of the people. In the next step, the CBRC will continue to promote the development of commercial pension finance in an orderly manner, encourage and support banking and insurance institutions to actively explore and innovate based on the pension needs of the people, launch more diversified pension financial products, optimize the management mechanism, create a new situation in the development of pension Finance with novel business, high-quality service and prudent operation, and effectively enhance the people's sense of access, happiness and security. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Economic Information Daily
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com
Economy
Recommended Reading Change it 
Home
