储蓄国债（电子式）纳入个人养老金产品范围，专家解读

Core Viewpoint - The inclusion of electronic savings bonds in the personal pension product range is expected to enhance investment options for individual investors and promote the development of the third pillar of the pension insurance system [1] Group 1: Impact on Individual Investors - Currently, personal pension accounts can invest in five main categories: funds, wealth management, savings, insurance, and government bonds, but the overall investment options are limited, leading to a phenomenon of "hot account openings but cold investments" [1] - The addition of electronic savings bonds will provide more choices for investors, particularly appealing to conservative investors due to their high safety and stable returns, thereby increasing the enthusiasm for personal pension investments [1] Group 2: Implications for the Pension Insurance System - This move will enrich the product supply in personal pension accounts, better meeting the needs of different risk preference groups, and enhancing the coverage and attractiveness of the personal pension system [1] Group 3: Effects on the Government Bond Market - Personal pensions represent typical long-term funds, and their introduction into the government bond market will bring significant long-term capital, effectively promoting the development of the government bond market [1]