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银保监会鼓励银保机构丰富养老金融供给 支持开展个人养老金业务
Xin Hua Wang·2025-08-12 06:27

Core Viewpoint - The China Banking and Insurance Regulatory Commission (CBIRC) has issued a notice to standardize and promote commercial pension financial services, emphasizing the importance of long-term investment and customer protection in the pension finance sector [1][7]. Group 1: Regulatory Framework - The notice outlines principles for commercial pension financial services, encouraging banks and insurance institutions to develop personal pension products and enhance their offerings to meet diverse customer needs [1][2]. - Financial products that meet CBIRC criteria, such as bank wealth management, savings deposits, and commercial pension insurance, can be included in personal pension investment, benefiting from tax incentives [2][6]. Group 2: Market Dynamics - Expanding the range of participating financial institutions and products is expected to enhance competition in the personal pension account market, providing more choices for the public and improving market efficiency [3]. - The notice aims to cultivate a mature pension financial concept among the public, promoting long-term investment and planning for retirement [4]. Group 3: Customer Protection and Product Integrity - The notice emphasizes the "pension" attribute of financial products, prohibiting misleading marketing practices and ensuring that only products designed for retirement can use the term "pension" in their branding [7][8]. - Banks and insurance institutions are required to implement customer suitability management, assessing clients' financial situations and risk preferences before recommending pension products [7][8]. Group 4: Institutional Response - Various institutions have expressed support for the notice, indicating it will facilitate the development of the three-pillar pension system and enhance services for those in need of retirement solutions [9]. - Institutions are committed to adhering to regulatory requirements and differentiating pension products from non-pension offerings in their marketing strategies [9].