个人养老金理财产品再“上新”，扩容至37只

Core Viewpoint - The recent expansion of personal pension financial products in China provides more options for individuals, enhancing the third pillar of the pension system and potentially attracting more long-term capital into the capital market [1]. Summary by Relevant Categories Product Expansion - The ninth batch of personal pension financial products has been released, increasing the total number of such products to 37 [1]. - The newly added products primarily invest in fixed-income assets like bonds, which aligns with the conservative return expectations of pension investments [1]. Cost Efficiency - The comprehensive fee rate for these new personal pension products is reduced by 0.45% compared to non-personal pension products, and there are no charges for excess performance fees [1]. Accessibility - Individuals can directly purchase these products using their personal pension accounts with an annual contribution of 12,000 yuan, making the process user-friendly [1]. Market Impact - The steady expansion of personal pension financial products offers a richer selection for investors and complements other financial products like funds and insurance, contributing to the development of a pension financial product matrix [1]. - This development is expected to benefit the construction of the third pillar of the pension system and encourage more medium to long-term capital to enter the capital market, thereby expanding equity asset allocation [1].