[oiibeats 2023] The first batch of personal pension wealth management products launched

A few days ago, the Bank Wealth Management Registration and Retention Center published the first list of ICBC Wealth Management, China Agricultural Bank Wealth Management and China Post Wealth Management's pension wealth management products and seven pension wealth management products. officially launched. In the first case of personal pension asset management products, 5 newly launched products and 2 existing products are all publicly offered products. Except for 1 product, which is a mixed product, the remaining 6 products are all bond products.

According to the report, financial products that pension fund account funds can invest in include bank asset management, savings, commercial pension insurance, and sovereign wealth funds. The sale of Tier 1 personal pension asset management products means that pension investors can officially purchase wealth management products through individual pension accounts.

To support the stable development of personal pension investment and asset management product businesses, the Bank Wealth Management Registration Center has established an industry information platform for pension asset management products and established a system with the personal pension information management service platform. Department of Human Resources and Social Security and Commercial Banks, Wealth Management Companies and Other Institutions Docking, Wealth Management Platform was launched on November 5, 2022.

According to the person in charge of the Wealth Management Registration Center, the wealth management industry platform mainly provides integrated data sharing services, centralized registration, and a single offer for individual pension investment and wealth management product trading. In the next step, the asset registration center will improve the construction of the wealth management industry platform in accordance with regulatory requirements, do a good job in educating investors, and publish and update the list of personal pension wealth management products and continue to publish. Policies and business trends of Chinese wealth management websites.