21世纪经济报道记者 郭聪聪 北京报道 "市场涨涨跌跌，我存的养老钱的收益会受多大影响呢？" 随着人口老龄化加速，养老财富的保值增值成为亿万家庭的核心关切。同时，资本市场的周期性波动， 也让不少投资者对养老资金的长期规划忧心忡忡。 作为养老金融服务的主力军，商业银行如何发挥专业优势，熨平市场波动带来的收益起伏，打造居民养 老财富"压舱石"，成为养老金融高质量发展的关键命题。 全生命周期管理：筑起抗波动的防火墙 养老财富管理的核心诉求是"长期稳健"，如何在穿越经济周期的过程中，既避免本金大幅亏损，又能实 现合理增值，考验着银行的专业能力。 如今，商业银行向"终身伙伴"角色转型，通过覆盖"备老—养老—享老"全阶段的配置策略，成为熨平周 期波动的第一道防线。 "不同年龄、不同风险承受能力的客户，养老财富规划需求差异很大。"兴业银行养老金融部相关负责人 介绍，该行构建的"123+"养老金融财富经营体系，正是角色转型的落地实践。 这一体系以1个"安愉人生"品牌为核心，服务备老（年轻及中年群体）、养老（老年群体）2 类客群， 涵盖3条养老金融产品线，多套养老财富策略，形成全周期财富保障体系。 分层服务成为应对不同风险偏好 ...

Core Viewpoint - The aging population in China is prompting a national strategy to address this issue, leading to a new phase in the development of pension finance, with a focus on creating a multi-tiered pension insurance system [1] Group 1: Pension Finance Development - The Central Committee of the Communist Party of China emphasizes the development of various financial sectors, including pension finance, to support the aging population [1] - Industrial Bank is focusing on three main areas: pension finance, pension service finance, and pension industry finance, aiming to innovate and diversify its product offerings to meet the varied needs of different demographics [1] Group 2: "123+" Pension Wealth Management System - Industrial Bank is building a "123+" pension wealth management system, transitioning from single-function services to a comprehensive financial social security card that facilitates various services [2] - As of September this year, Industrial Bank has issued over 1.85 million social security cards, with a coverage rate of 86% in Fujian Province [2] - The bank is actively involved in government projects to streamline social security services, such as the online application for newborn social security cards [2] Group 3: Third Pillar Development - Since the introduction of the personal pension system, Industrial Bank has been a pioneer in offering personal pension services, serving over 7.5 million personal pension clients and providing a wide range of products [3] - The bank's personal pension product offerings have expanded to 245 products, positioning it among the industry leaders [3] - The "123+" system includes a brand for pension financial services, covering various product lines to enhance residents' pension savings [3] Group 4: Senior-Friendly Banking Initiatives - Industrial Bank has established a dedicated platform for elderly clients, offering a range of services and activities to enhance their quality of life, including health seminars and community dining services [4][5] - The bank has launched a series of educational materials to improve financial literacy and fraud awareness among elderly clients [5] - A total of 85 "Anyu Life" service demonstration branches have been set up nationwide to provide tailored services for senior customers [5] Group 5: Silver Economy and Industry Support - The growing elderly population is creating a significant market for the silver economy, prompting Industrial Bank to enhance its financial support for the pension industry [7] - The bank is actively seeking low-cost loans to support pension enterprises and has adjusted its internal standards to facilitate financing for the sector [7] - In the first three quarters of 2025, the bank has issued 120 loans totaling nearly 1.4 billion yuan in various segments of the pension industry [7][8]

Core Viewpoint - The aging population in China is prompting a national strategy to address this issue, leading to a new phase in the development of pension finance, with a focus on creating a multi-tiered pension insurance system [1] Group 1: Pension Finance Development - The central government emphasizes the development of various financial sectors, including pension finance, to meet the diverse needs of the aging population [1] - Industrial Bank is focusing on three main areas: pension finance, pension service finance, and pension industry finance, to innovate and enhance its product offerings [1] Group 2: Pillars of Pension Finance - Industrial Bank is strengthening the first pillar of pension finance through the issuance of social security cards, with over 1.85 million cards issued by September this year [2] - The second pillar, which includes enterprise annuities, is being developed by Industrial Bank to provide sustainable pension plans for employees [2] - The third pillar, personal pensions, has seen Industrial Bank serve over 7.5 million personal pension clients, with a product offering of 245 different personal pension products [3] Group 3: Senior-Friendly Services - Industrial Bank has established a dedicated platform for elderly clients, offering various services and activities, including health seminars and community support [4][5] - The bank has created 85 "Anyu Life" service demonstration branches nationwide, enhancing the banking experience for elderly customers [5] Group 4: Silver Economy and Industry Support - The growing elderly population is creating a new market for the silver economy, prompting Industrial Bank to develop policies and financial products tailored to the needs of the aging population [7] - The bank is actively seeking low-cost loans to support the elderly care industry and has made significant investments in various segments of the pension industry, totaling nearly 1.4 billion yuan in loans by the third quarter of 2025 [7][8]