服务信托“飞入寻常百姓家”要过四道关

Core Viewpoint - The development of special needs trusts represents a significant step in the asset service trust sector, which is a key focus for trust companies aiming to expand their services to a broader audience [1][2]. Group 1: Industry Overview - Over 20 trust companies have launched more than 100 products, indicating a strong interest in asset service trusts, particularly special needs trusts [1]. - In 2024, 67,400 new trust products were established, with asset service trusts accounting for 47,300 products, representing over 70% of the total [1]. - The growth in trust assets is attributed not only to scale expansion but also to structural optimization and business transformation within the industry [1]. Group 2: Challenges and Opportunities - The development of service trusts faces several challenges, including the need for improved regulatory frameworks, enhanced professional service capabilities, increased public awareness, and stronger fiduciary obligations [2]. - The potential for service trusts to become widely adopted in China is significant, as they could serve a broader demographic beyond high-net-worth individuals, addressing personalized asset management needs [2][3]. - The successful evolution of service trusts could reshape the trust industry in China and enhance the social value of the trust system [1][2].