近日，2025"好品金融"典型案例和产品名单公布，德华安顾人寿保险有限公司报送的德华安顾"孝亲宝2 号中老年特定疾病保险（互联网）"产品，成功获评"养老金融典型产品"。 随着我国深度老龄化加速推进，养老问题已成为国家战略重点。作为"金融五篇大文章"之一，养老金融 在服务民生、稳定预期、促进共同富裕中承担着重要使命。发展多层次、多支柱的养老保障体系，构建 普惠可及、风险可控、可持续的养老金融服务体系，正成为金融供给侧结构性改革的重要方向。 作为较早地关注并深耕银发市场的寿险公司之一，德华安顾人寿依托德方股东安顾集团在健康管理领域 的先进经验，围绕老年人在养老储蓄、健康医疗、失能收入补偿、长期护理以及意外风险抵御需求方 面，开发设计不同风险等级、保障范围、保费水平的保险产品，提升服务供给。公司自2015起持续为银 发人群提供专属服务，截至2024年12月，公司共计为69.7万中老年客户提供了价值1919亿元的保险保 障。公司明星主力产品"孝亲宝2号中老年特定疾病保险（互联网）"产品，以更具普惠性、适配性与服 务性的产品设计，探索中国特色养老金融体系建设的实践路径。 结合政策导向，补足老龄健康保障短板 第七次全国人 ...

Core Points - The recent tax policy for personal pensions mandates a 3% personal income tax on the total amount withdrawn, applicable to both principal and investment returns, affecting millions of insured individuals [1][5][6] - The policy is a reiteration of the announcement made in December 2024 regarding the nationwide implementation of personal pension tax incentives [1][5] - The impact of this tax policy varies significantly across different income groups, with high-income individuals benefiting the most from tax savings [1][5] Tax Policy Implications - High-income individuals with a personal income tax rate above 3% can achieve substantial tax savings by participating in personal pensions [1][5] - For example, a participant with a 20% tax rate can save 2,040 yuan in taxes by contributing 12,000 yuan to their personal pension [1][5] - Middle-income earners (annual income of 60,000 to 120,000 yuan) must weigh limited tax savings against liquidity needs, while low-income earners (below 60,000 yuan) should be cautious about participation [1][5] Pension System Structure - China's pension system consists of three pillars: the first pillar is the basic pension insurance, the second pillar includes enterprise and occupational annuities, and the third pillar is the personal pension system [2][3] - The basic pension is exempt from personal income tax, while personal pensions operate under a tax-deferred model [2][6] Participation and Market Dynamics - The annual contribution limit for personal pensions is set at 12,000 yuan, with funds generally locked until retirement, except in special circumstances [3] - There is a notable increase in account openings for personal pensions, with significant growth reported by major banks [10][12] - However, there is a "cold" trend in actual contributions, attributed to concerns over long investment horizons and a lack of urgency among younger generations regarding retirement savings [10][12] Recommendations for Increasing Participation - Experts suggest enhancing financial literacy and awareness about the importance of early retirement planning to boost participation rates, especially among younger individuals [14][15] - Financial institutions are encouraged to optimize product designs to meet the diverse needs of different income groups and simplify the investment process [15][16]

Group 1 - The core viewpoint of the news is that Dongguan Industrial and Commercial Bank (ICBC) is enhancing its financial services by developing a "ICBC Station+" service ecosystem, focusing on tailored services for the elderly and promoting inclusive finance [1][2] Group 2 - Dongguan ICBC has established 17 specialized financial service outlets for the elderly, providing various age-friendly services such as blood pressure monitors, first aid kits, and wheelchairs [1] - The bank has set up dedicated service windows for elderly customers to reduce waiting times and offers large print promotional materials for financial products, along with financial literacy lectures and anti-fraud campaigns [1] - The bank plans to further develop more elderly financial service outlets and enhance the quality and professionalism of its services [1] Group 3 - In promoting the "Station + Inclusive" service model, Dongguan ICBC has formed specialized teams to conduct financial outreach activities, targeting agricultural and cultural tourism enterprises with customized financial service solutions [2] - The bank is also implementing the "ICBC Station + Caring for Exam Candidates" initiative, showcasing its commitment to community support [2] - Dongguan ICBC aims to strengthen the functionality of its service scenarios and continuously improve the breadth and depth of its services, providing comprehensive and warm financial services to customers [2]

Group 1 - The core viewpoint of the articles emphasizes the commitment of Ping An Securities to enhance financial services for the elderly population through technology and user-friendly design [1][2] - The upgraded version of the Ping An Securities APP features larger text and a more accessible interface, specifically designed for elderly users, which has already served 4,094 clients aged 60 and above by March this year [1] - The company is actively involved in developing pension finance as a crucial mission of the financial industry, aligning with national policies and integrating party work into the entire process of pension finance development [1] Group 2 - Ping An Securities has established a "first agenda" system to reinforce theoretical understanding and regularly conducts policy discussions and specialized learning to translate theoretical outcomes into practice [2] - The company operates a dual-driven service model for a multi-tiered pension security system, offering over 160 public pension products and serving more than 7,000 clients with a total holding scale of nearly 100 million [2] - Ping An Securities plans to continue exploring digital and intelligent pension finance models to enrich product offerings and contribute to the improvement of the multi-tiered pension security system [2]

Core Viewpoint - The 2025 China International Financial Expo showcased Hengfeng Bank's achievements and innovations in financial services, emphasizing its commitment to various financial sectors and the integration of technology in driving economic development [1][3][10]. Digital Finance - Hengfeng Bank presented multiple digital loan products and innovations, focusing on a service system tailored for elderly customers, which has earned recognition in Shandong Province [3]. - The bank utilizes big data and AI to enhance financing approval strategies, effectively serving a diverse range of clients, including large enterprises and small businesses [3]. Green Finance - The bank is committed to supporting green, low-carbon, and circular economies, aiming to establish itself as a recognized green financial brand [4]. - Hengfeng Bank has launched innovative products like the first knowledge property-linked "water-saving loan" and a carbon finance solution to prioritize resource allocation to green sectors [4]. Pension Finance - Hengfeng Bank is building a comprehensive pension finance ecosystem, focusing on enhancing its brand competitiveness and establishing a value chain for pension finance [5]. Inclusive Finance - The bank has increased its support for small and micro enterprises, with inclusive loans growing at 13.29% and agricultural loans at 18.60% [6]. - The average interest rate for inclusive loans has decreased by 32 basis points, while loans for small manufacturing and technology enterprises have surged by 53.15% and 56.53%, respectively [6]. Digital Transformation - Hengfeng Bank is advancing its digital transformation by establishing a digital banking innovation lab and enhancing its risk control systems [7]. - The bank aims to integrate data processes with business and technology to improve service quality [7]. Technology Finance - The bank focuses on the financial needs of technology innovation enterprises through various financing methods, including specialized credit products and partnerships with research institutions [8]. - Hengfeng Bank actively supports major national technology projects to facilitate the transformation of technological achievements [8]. Future Outlook - Hengfeng Bank plans to deepen its commitment to the national financial strategy, enhance green finance, improve pension services, and expand inclusive finance [10]. - The bank aims to leverage technology to empower financial services and support high-level technological self-reliance, contributing to China's modernization efforts [10].

Core Viewpoint - The company actively engages in financial services to support the real economy and high-quality development, focusing on five strategic areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, contributing to national strategies and market demands [1] Group 1: Technology Finance - The company emphasizes the strategic importance of technological self-reliance and allocates resources to cutting-edge innovation areas, creating a comprehensive service platform that connects financial support with industrial needs [2] - As the lead underwriter, the company successfully issued 1.5 billion yuan in "digital economy" technology innovation bonds in July 2024, enhancing financial support for technological self-reliance [2] - The issuance of the first technology innovation bonds by a securities company on May 9, 2025, represents a key initiative to implement the national innovation-driven development strategy [2] Group 2: Green Finance - The company integrates green development concepts into its operations, actively responding to the national "dual carbon" goals [3] - It has issued four green bonds totaling 5.21 billion yuan and one sustainable-linked bond of 700 million yuan as the lead underwriter by the end of 2024, highlighting its role in green financing [3] - The launch of the "Longcheng Securities Electric Power Energy Credit Bond Basket" in October 2024 marks a significant innovation in green financial products [4] Group 3: Inclusive Finance - The company aims to lower the barriers to quality financial services, benefiting a broader range of market participants [5] - It is developing a wealth management platform to provide personalized and precise services, enhancing the accessibility of financial products [5] - The company supports rural revitalization by conducting financial literacy training in various counties, improving local financial knowledge and risk awareness [6] Group 4: Pension Finance - The company is actively developing pension finance services in response to the aging population [7] - It has launched an elder-friendly version of its app, enhancing usability for older investors [7] - Regular community-based educational activities are conducted to promote pension investment knowledge among elderly investors [7] Group 5: Digital Finance - The company is driving digital transformation in the securities industry through financial technology, enhancing service quality and risk management capabilities [8] - It has developed a strategic plan for financial technology, focusing on collaboration between technology and business [8] - The company has implemented various digital platforms to improve user experience and operational efficiency, including the "Zhiyuan AI Center" and "Strategic Management Digital Platform" [9]

Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) Suzhou Liuyuan Branch is innovating its elderly financial services by leveraging the cultural heritage of the ancient city of Suzhou, aiming to enhance the satisfaction and sense of gain among the elderly clientele through a three-pronged approach of "scene reconstruction + ecological construction + risk protection" [1] Group 1: Service Innovation - The bank is enhancing its "ICBC Station+" service model, incorporating Suzhou's garden-style decor to create specialized elderly financial service outlets, thereby enriching the "Silver Age + YUAN" brand [2] - The branch has established four specialized elderly financial service outlets, including one benchmark outlet, with two recognized as "Civilized and Standardized Elderly Service Outlets" by Jiangsu Banking Industry [2] Group 2: Tailored Services - The bank is implementing personalized service plans for elderly clients, particularly those with mobility issues, by providing "zero-run" services, which include on-site assistance for card replacements [3] - The bank collaborates with local institutions to enhance financial literacy among elderly clients, offering educational activities that cover common scams and financial knowledge [3] Group 3: Risk Management - The branch employs a dual protection system of "manual screening + system alerts" to safeguard elderly clients' funds, successfully intercepting multiple fraud cases [4] - A recent incident involved the bank's staff identifying potential fraud during a transaction, leading to the prevention of a significant financial loss for an elderly client [4] Group 4: Future Commitment - The bank plans to further develop its "Silver Age + YUAN" elderly financial service brand, expanding service offerings and enhancing the quality of elderly care services [4]

前瞻性产业研究 2025 年 6 月 23 日 养老金融周报（2025.06.16-2025.06.22） 第二，澳大利亚未来基金改革管理架构，并对赴美投资表示担忧。6 月17 日，澳大利亚未来基金表示，他们将把澳大利亚基础设施和房地产领域的 交易与资产管理业务收归内部运营。此举主要是在未来基金自身具有更高 的交易和管理水平后，进一步提升投资管理经济性的做法。此外，未来基 金认为，特朗普为全球局势增加了新的不稳定性与不确定性。美国正在成 为一个更高风险、更不确定的投资目的地。 美国社保托管委员会呼吁进行制度改革 证券分析师 | 陈骁 | 投资咨询资格编号 | | --- | --- | | | S1060516070001 | | | chenxiao397@pingan.com.cn | 郝博韬 投资咨询资格编号 S1060521110001 haobotao973@pingan.com.cn 平安观点： 本期重点： 本周，全球养老金领域共有三项重点事件值得关注。 第一，美国称其社保信托基金（OASI Trust）将于 2034 年耗尽。6 月18 日，美国 OASDI Trust 托管委员会发布 2025 ...

Core Viewpoint - The Dalian Branch of China Construction Bank has played a significant role in supporting the revitalization of Liaoning Province, achieving a loan balance exceeding 120 billion yuan and ranking first among the four major state-owned banks in growth rate by the end of 2024 [1] Group 1: Economic Contributions - The bank has implemented a comprehensive set of incremental policies to directly benefit key sectors of the real economy, resulting in significant achievements [2] - It has actively supported the real estate sector by facilitating the adjustment of mortgage rates and down payment ratios, leading to the approval and funding of five key real estate projects [2] - The bank has provided over 4 billion yuan in credit support to more than 3,200 small and micro enterprises, significantly alleviating their financing pressures [2] Group 2: Financial Support Initiatives - In 2024, the bank has issued over 670 billion yuan in non-pledged loans, focusing on various sectors including technology, green finance, and inclusive finance [3] - The bank has supported technology innovation by providing over 190 billion yuan in loans to tech enterprises, including a major acquisition project for a national-level technology innovation demonstration enterprise [3] - It has issued nearly 50 billion yuan in green loans to support key energy projects in the region [3] Group 3: Digital Finance and Future Plans - The bank has collaborated with local governments to develop a digital home purchase certificate application system, issuing over 25,000 certificates totaling 2.2 billion yuan in 2024 [4] - The bank aims to continue leveraging its strengths to contribute more financial wisdom and support to the revitalization efforts in Liaoning Province [4]

Core Viewpoint - Taiping Life Insurance has been recognized for two of its products in the 2024-2025 "Golden Reputation" annual insurance product list, highlighting its commitment to elderly care and pension security [1][3]. Product Focus - The "Taiping Warm Health Cancer Insurance" targets the elderly demographic, providing a robust health risk defense against malignant tumors [3]. - The "Taiping Huishou Bao Whole Life Insurance (Dividend Type)" is designed as a personal pension product, featuring a dual mechanism of "guaranteed benefits + dividend distribution" to help clients plan for retirement [3]. Tax Benefits - Policyholders of the "Taiping Warm Health Cancer Insurance" may benefit from tax deductions under the national commercial health insurance tax policy, subject to specific regulations [3]. - Contributions to the "Taiping Huishou Bao Whole Life Insurance" can be deducted from taxable income, with an annual limit of 12,000 yuan, and future withdrawals will be taxed at a rate of 3% [3]. Market Recognition - The inclusion of these products in the "Golden Reputation" list reflects consumer recognition and positive feedback towards Taiping Life Insurance's offerings [4]. - The company aims to enhance its insurance product supply and build a unique "insurance + " ecosystem, demonstrating its commitment to public welfare and financial service [4].