阿通社9月26日报道，阿联酋养老金及社会保障总局（GPSSA）拟发放总额8.432亿迪拉姆的养老金。养 老金对象包括正常工龄退休人员、因健康原因退休人员，以及因退休者或参保人去世而享有抚恤金的家 属。与2024年9月相比，本月养老金增加3250万迪拉姆，由8.107亿迪拉姆增至8.432亿迪拉姆，受益人数 增加933人，总数达49668人，而去年同期为48735人。这反映出GPSSA为不断增长的退休人员和受益群 体提供更大支持。 （原标题：阿联酋拟发放总额8.432亿迪拉姆养老金） ...

不知不觉中，时间来到了9月下旬，国庆节与中秋节距离我们也不远了。对于2025年1月以来新增的退休人员来说，还有一件大事让他们牵肠挂肚，那就是自 己领取的是预发养老金，需要在2025年新的养老金计发基数公布后进行重算，并补发少领的养老金。 也就是说， 养老金重算补发的前提，是当地公布2025年的养老金计发基数，如果2025年养老金计发基数没有公布，养老金重算也就没有办法进行，那么到 目前为止，哪些省市已经公布了2025年的养老金计发基数呢？ 根据云南人社部门发布的《关于公布2025年度全省职工基本养老保险失业保险和工伤保险相关参数的通知》，云南省2025年的养老金计发基数为8265元，与 2024年养老金计发基数8183元相比，增加了82元，涨幅1%。 根据不完全统计，截至9月21日，已经至少有9个省市公布了2025年的养老金计发基数，一起来详细了解一下，看看是否包括你的家乡，如果你当地已经公布 了2025年养老金计发基数，那么距离养老金重算补发的时间也就为期不远了。小编统计的养老金计发基数，都能从当地社保部门网站上能够查询到有关通 知，千真万确。 第一，辽宁。 辽宁的养老金计发基数并不是唯一的，而是四类人采用 ...

Group 1 - The decision to transfer retirement accounts such as pension funds and 401(k) should be considered carefully, weighing the impact on the overall retirement plan and convenience [1][2] - For pensions, retirees typically have the option to take a lump sum or monthly payments, and the choice should be made based on overall income sources rather than just transfer considerations [3][4] - Transferring a pension lump sum into an IRA allows for tax-deferred growth and better tax management, while taking it in cash would incur immediate taxation [4] Group 2 - Transferring a 401(k) to an IRA can help avoid maintenance costs associated with employer plans, which may be passed on to employees [5][6] - It is important to compare fees between the current 401(k) plan and potential IRA options, as some plans may have higher expense ratios [6] - Rolling a 401(k) into an IRA can provide greater flexibility and a wider range of investment options, depending on the chosen brokerage firm [7] Group 3 - The "rule of 55" allows penalty-free withdrawals from a retirement plan for those aged 55 or older, which is beneficial for early retirees [8]

Core Insights - The Curaçao Pension Fund (APC) reported a total return of 6.3% for 2024, down from 8.7% in 2023 [1] - As of the end of 2024, APC's overseas assets accounted for 54% of its portfolio, while local assets made up 46% [1] - The international investment yield was 7.4%, with stock returns reaching 14.5% and bond returns at 2.2% [1] Investment Performance - The domestic investment portfolio return for APC was 4.9%, slightly lower than the 5.2% recorded in 2023 [1] - APC provided local loans to sectors such as tourism and utilities, achieving sustained returns [1] - Large real estate projects further solidified APC's position in the local market [1] Financial Management - APC withdrew 234.5 million Florins from its international investment portfolio for pension payouts and reinvestment [1] - The report highlighted ongoing economic recovery in Curaçao and other parts of the Dutch Caribbean, driven by growth in the accommodation tourism sector, renewable energy investments, and large real estate projects [1] Challenges and Future Developments - APC warned of ongoing challenges, including declining purchasing power, continuous reform pressures in healthcare and pensions, and the repayment of COVID-19 related loans [1] - The establishment of APC Bank is progressing, with operations expected to commence by the end of Q2 2025 [2]

Core Insights - The total scale of asset management products in China reached 75.38 trillion yuan by the end of Q2 2025, reflecting a robust growth trend in the asset management market [1][2] Group 1: Overall Market Performance - The asset management market grew by 3.06 trillion yuan from the end of Q1 2025, representing a growth rate of approximately 4.23% [1] - The public fund scale increased from 32.22 trillion yuan at the end of Q1 to 34.39 trillion yuan at the end of Q2, marking a rise of 2.17 trillion yuan and a quarter-on-quarter growth rate of about 6.74% [2] Group 2: Breakdown of Asset Management Products - The scale of private asset management products by securities companies and their subsidiaries rose from 5.93 trillion yuan to 6.14 trillion yuan, an increase of 0.21 trillion yuan, with a quarter-on-quarter growth of approximately 3.54% [2] - The scale of private asset management products by fund management companies and their subsidiaries slightly decreased from 5.59 trillion yuan to 5.58 trillion yuan, remaining stable at a high level [2] - Pension assets managed by fund management companies grew from 6.09 trillion yuan to 6.3 trillion yuan, an increase of 0.21 trillion yuan, with a quarter-on-quarter growth rate of about 3.45% [2] - Private fund scale increased from 20.19 trillion yuan to 20.6 trillion yuan, reflecting a growth of 0.41 trillion yuan and a quarter-on-quarter increase of approximately 2.03% [2] - The scale of asset-backed special plans (ABS) rose from 2.08 trillion yuan to 2.13 trillion yuan, an increase of 0.05 trillion yuan, with a quarter-on-quarter growth rate of about 2.4% [2] - The scale of private asset management products by futures companies and their subsidiaries increased from 0.32 trillion yuan to 0.36 trillion yuan, marking a growth of 0.04 trillion yuan and a quarter-on-quarter increase of 12.5% [2]

Core Viewpoint - The total scale of asset management products in China reached 75.38 trillion yuan by the end of Q2 2025, marking an increase of 3.05 trillion yuan from the previous quarter, driven primarily by public funds [4][5][7]. Group 1: Asset Management Product Scale - As of the end of Q2 2025, the total scale of asset management products was approximately 75.38 trillion yuan, up from 72.32 trillion yuan at the end of Q1 2025, representing a growth rate of 4.22% [5][7]. - Public funds accounted for the largest share of the asset management product scale, reaching 34.39 trillion yuan, which is 45.62% of the total [7][10]. - Private funds also saw significant growth, increasing from 20.19 trillion yuan at the end of Q1 to 20.60 trillion yuan at the end of Q2, an increase of 4.07% [12][14]. Group 2: Breakdown of Asset Management Products - Public funds increased by 2.18 trillion yuan in Q2, with notable growth in money market funds and bond funds, which rose by 904.40 billion yuan and 869.93 billion yuan, respectively [10][11]. - The scale of pension funds grew from 6.09 trillion yuan to 6.30 trillion yuan, an increase of 206.41 billion yuan [14]. - Securities companies and their subsidiaries' private asset management products increased from 5.93 trillion yuan to 6.14 trillion yuan, a rise of 212.59 billion yuan [14]. Group 3: Historical Context and Market Sentiment - The total scale of asset management products was 72.85 trillion yuan at the end of last year, but it decreased by approximately 530 billion yuan in Q1 2025 before rebounding in Q2 [7][8]. - Market analysts attribute the significant growth in asset management products to the recovery of the capital market, which has boosted product net values and enhanced investor confidence [8][9].

Core Insights - The total scale of asset management products in China has rebounded, increasing by 3.05 trillion yuan in Q2 2025, reaching 75.38 trillion yuan, marking a growth rate of 4.22% compared to Q1 2025 [2][4]. Asset Management Product Scale Changes - As of the end of Q2 2025, the total scale of asset management products reached approximately 75.38 trillion yuan, up from 72.32 trillion yuan at the end of Q1 2025, with a significant increase of 3.05 trillion yuan [4]. - Public funds saw the largest growth, increasing by 2.18 trillion yuan from 32.22 trillion yuan in Q1 to 34.39 trillion yuan in Q2 [7]. Breakdown of Asset Management Products - Public funds accounted for the largest share of the total scale at 34.39 trillion yuan, representing 45.62% of the total. Private funds followed with a scale of 20.6 trillion yuan, making up 27.33% [5]. - Pension funds managed by fund companies reached 6.3 trillion yuan, while private asset management products from securities companies totaled 6.14 trillion yuan [5]. Growth in Specific Fund Types - In Q2 2025, various open-end funds experienced growth, with money market funds and bond funds increasing by 904.4 billion yuan and 869.9 billion yuan, respectively [7]. - Private equity investment funds and venture capital funds also saw increases, with private equity funds growing by 521.9 billion yuan to 11 trillion yuan, and venture capital funds increasing by 483 billion yuan to 3.45 trillion yuan [9][10]. Other Notable Changes - The scale of pension funds increased by 206.4 billion yuan from 6.09 trillion yuan in Q1 to 6.30 trillion yuan in Q2 [10]. - The scale of asset-backed special plans (ABS) rose from 2.08 trillion yuan to 2.13 trillion yuan, with a quarterly increase of 489.1 billion yuan [11].

Core Viewpoint - The total scale of asset management products in China has rebounded, increasing by 3.05 trillion yuan in the second quarter of 2025, reaching 75.38 trillion yuan, with public funds being the main driver of this growth [2][5][8]. Summary by Categories Total Asset Management Products - As of the end of Q2 2025, the total scale of asset management products reached approximately 75.38 trillion yuan, an increase from 72.32 trillion yuan at the end of Q1 2025, representing a growth of 4.22% [5][7]. Public Funds - Public funds saw significant growth, increasing from 32.22 trillion yuan at the end of Q1 to 34.39 trillion yuan at the end of Q2, a rise of 2.18 trillion yuan [10][11]. - The total scale of public funds includes various types, with money market funds and bond funds growing by 904.4 billion yuan and 869.9 billion yuan, respectively [10][11]. Private Funds - Private funds also experienced growth, rising from 20.19 trillion yuan at the end of Q1 to 20.60 trillion yuan at the end of Q2, an increase of 406.6 billion yuan [12][13]. - Within private funds, private securities investment funds increased by 322.5 billion yuan, reaching 5.82 trillion yuan [12][13]. Pension Funds - Pension fund assets grew from 6.09 trillion yuan at the end of Q1 to 6.30 trillion yuan at the end of Q2, an increase of 206.4 billion yuan [14]. Securities Companies' Private Asset Management Products - The scale of private asset management products from securities companies and their subsidiaries increased from 5.93 trillion yuan to 6.14 trillion yuan, a rise of 212.6 billion yuan [14]. Historical Context - The total scale of asset management products was 72.85 trillion yuan at the end of last year, but it shrank by approximately 530 billion yuan in Q1 2025 before rebounding in Q2 [7].

Core Insights - As of the end of Q2 2025, the total scale of asset management products reached 75.38 trillion yuan [1] Group 1: Asset Management Product Breakdown - Public funds account for 34.39 trillion yuan of the total asset management products [1] - Private asset management products from securities companies and their subsidiaries total 6.14 trillion yuan [1] - Private asset management products from fund management companies and their subsidiaries amount to 5.58 trillion yuan [1] - Pension funds managed by fund management companies reach 6.3 trillion yuan [1] - Private asset management products from futures companies and their subsidiaries total 0.36 trillion yuan [1] - The scale of private equity funds stands at 20.6 trillion yuan [1] - Asset-backed special plans (ABS) amount to 2.13 trillion yuan [1]

Real Estate Market - The real estate market in the second half of 2025 is experiencing significant changes, with a shift from a "buying frenzy" to a more subdued environment, exemplified by promotional tactics such as "85% off for existing homes" and free parking spaces in Shanghai [1][2] - The controversial "shared area" concept is being phased out, with cities like Guangzhou and Hangzhou mandating that new home sales be based on "usable area," allowing consumers to save significantly on property costs [1] - Over 20 cities have made "existing home sales" a mandatory requirement for new land parcels, indicating a decline in the era of selling off-plan properties and addressing consumer concerns about unfinished projects [2] Automotive Market - The automotive market is witnessing intense price competition, with traditional fuel vehicles seeing unprecedented discounts, such as a 14,000 yuan reduction on a German brand's C-class sedan [4] - The penetration rate of new energy vehicles has surpassed 60%, with significant advancements in battery technology and charging infrastructure, leading to improved consumer confidence [4][6] - The cost of owning new energy vehicles is decreasing, with nighttime charging rates as low as 0.45 yuan per kilowatt-hour, resulting in a cost of only 3 yuan per 100 kilometers [6] Consumer Purchasing Power - The Consumer Price Index (CPI) has shown a slight increase of 0.1% in June, but overall prices for daily consumer goods remain stable, with some sectors increasing promotional activities [8] - The decline in housing and vehicle prices is enhancing purchasing power, with mortgage rates dropping to historical lows, allowing consumers to save on monthly payments [9] - The financial market is shifting towards low-risk investment products, with three-year large-denomination time deposits yielding less than 2%, prompting a preference for safer investment options [9]