Financials Jan 27, 2022 07:49 AM (GMT+8) · EqualOcean
As the third pillar of endowment insurance, the implementation of individual pension system has entered the countdown. The 23rd Meeting of the Central Committee for comprehensively deepening reform held not long ago considered and adopted the "opinions on promoting the development of individual pensions". The reporter learned that relevant departments are making intensive deployment to study and improve supporting policies. At the same time, a number of banks, insurance and fund companies are also actively planning to seize the huge market of personal pensions. The industry expects that the third pillar is expected to usher in a large expansion in the future. While improving the level of national pension treatment, it will promote the improvement and development of the capital market.

This text is a result of machine translation.