Core Viewpoint - The article discusses the concept of trusts, their origins, functions, and how they can be utilized for wealth management, risk isolation, and inheritance planning, particularly highlighting the recent introduction of pension trusts with a lower entry threshold of 300,000 yuan [1][84]. Group 1: Origin and Nature of Trusts - Trusts originated as a legal framework rather than a financial product, with early examples found in ancient Egypt and Rome where wealthy individuals entrusted their assets to third parties for management [4]. - The essence of a trust is that it functions as an account where funds can be injected for investment in various assets, allowing for the distribution of principal and earnings to designated beneficiaries [5][6]. Group 2: Legal Structure of Family Trusts - In a family trust, the individual (settlor) transfers family wealth to a trustee (trust institution) while designating beneficiaries, allowing the trustee to manage the trust assets according to the trust agreement [12]. Group 3: Core Functions of Trusts - Trusts serve three main functions: - Risk isolation, creating a "firewall" for assets [14]. - Wealth transmission, breaking the "wealth does not last three generations" curse [14]. - Asset management, with professionals managing the assets [14]. Group 4: Risk Isolation Scenarios - Common scenarios for risk isolation include: - Pre-marital asset protection for children to prevent division in case of divorce [16][17]. - Arrangements for assets in remarriages to protect the rights of children from previous marriages [18][19]. - Separation of personal and business assets to safeguard family wealth from business liabilities [20][21]. Group 5: Wealth Transmission - Trusts allow for flexible wealth transmission plans, ensuring assets are passed on to designated beneficiaries smoothly and without disputes [38]. - Common scenarios for wealth transmission include setting up pension trusts for regular cash flow during retirement and pre-arranging estate distribution [40][42]. Group 6: Asset Management Function - Trusts are not idle; they require investment to enhance asset value, similar to funds, but with greater flexibility in asset types [66][68]. - The safety of a trust is contingent on the quality of the underlying investments [69]. Group 7: Future Directions for Trusts - The trust industry is evolving, with a focus on returning to core functions like wealth management and risk isolation, while professional investment management is increasingly being outsourced [75][79]. - The introduction of pension trusts with a lower threshold aims to make trust services more accessible to the general public [84]. Group 8: Types of Trusts - Trusts are categorized into three main types: family trusts, household trusts, and pension trusts, each with different thresholds and service scopes [82][83].

4月28日，平安信托发布2024年度业绩报告。2024年，平安信托实现营业收入141.48亿元，手续费及佣 金净收入96.81亿元，净利润34.21亿元，营收及净利润同比均有所下降。 值得一提的是，2024年年初，平安信托董事长、总经理先后发生变更，方蔚豪接替姚贵平出任平安信托 董事长职务，张中朝接替戴巍出任平安信托总经理职务。 《中国经营报》记者注意到，换帅之后，平安信托的发展战略也发生了较大调整。"2024年，平安信托 新战略正式实施，平安信托新战略与三分类导向及集团指引高度一致，以长期价值最大化为追求，回归 信托本源，持续贯彻落实'聚焦主业、回归本源、化解风险、合规经营'十六字指导方针，打造'轻资产、 服务型信托专家'。"平安信托在年报中提到。 调结构成效：证券投资类信托年增长率84% 报告期内，平安信托资产管理规模达9930亿元，同比增长49.88%。按信托业三大业务分类来看，2024 年，平安信托资产服务信托业务规模2735.45亿元，资产管理信托业务规模7156.00亿元，公益慈善及其 他38.13亿元。 具体来看，其中，财富服务信托业务规模整体新增超530亿元，占行业市场份额近20%。 2025 ...