Collection of small pension plans of the increasing number of policies to be norm

initiated by the Industrial and Commercial Bank of China, Huaxia Fund, a joint five agencies, such as the standardization of the management of enterprise annuities - "old-age wishful No. 1" corporate pension plans officially unveiled. Reporters learned that "old-age wishful No. 1" corporate pension plans by the Industrial and Commercial Bank as the trustee and administrator accounts, as Trustee of the Everbright Bank, ICBC Credit Suisse Fund Management Company, Huaxia Fund Management Company and CITIC Securities Company as investment manager. Yesterday, initiated by the Industrial and Commercial Bank of China, Huaxia Fund, a joint five agencies, such as the standardization of the management of enterprise annuities - "old-age wishful No. 1" corporate pension plans officially unveiled. The industry said that the collection of corporate pension plans more and more, will change the enterprise annuity market to large state-owned enterprises, large corporations dominated the situation for small and medium enterprises to establish standardized enterprise annuity provides the opportunity and expand the company's pension fund business development . However, for the collection of pension plans have not yet introduced policies to restrict the further development of the market. SME pension gold to be de-sac "Annuity business on a trial basis", "pension fund management business on a trial basis" since the promulgation of policies, to take the trust model of enterprise annuity market has made rapid development. At present, as investment by the fund manager's market-oriented enterprise annuity market size exceeded 40,000,000,000 yuan, but still a small number of large state-owned enterprises and private enterprises of the strength of the main groups. At present, the country has issued a series of norms of corporate annuity market policies, but for a single enterprise to set up pension plans. Small and medium enterprises because of a small number of employees, the smaller funds and other reasons, the establishment of a separate corporate pension plans and trust fund management model difficult. In the absence of relevant policies and regulations, small and medium enterprises for the development of the annuity market, a number of agencies plan to set a pattern of playing the "edge ball", some banks have jointly set up a fund similar to the "ideal age 1," a collection of pension plan However, the media rarely seen. "The market always walk in front of the policy. The management know that the market has been set pension plans, at present is to take an open eye, one eye closed attitude of acquiescence." Sources said. Collection of low-cost plan And the establishment of a separate corporate pension plans, small and medium enterprises for the standardization of low-cost pension plans a lot. In the "old-age wishful No. 1", on the one hand, the Industrial and Commercial Bank at the same time as a trustee and administrator accounts, the realization of the pension management information integration, enterprise annuities will help improve the management of the operation efficiency and reduce the cost of coordination to reduce the error rate. On the other hand, "old-age wishful No. 1" brings together a number of clients of the enterprise annuity funds, the effective sharing of accounts, transactions and auditing fees. At the same time, the plan also uses a standard contract, standard processes and standard rate and the achievement of the management of enterprise annuity management system seamless connection, only small and medium enterprises in accordance with standard operating procedures can be quickly and easily enjoy the professional The pension fund management services, effectively reducing the cost of management and make the management fees at a lower level of the market, saving the cost of the client. Reporters learned that "old-age wishful No. 1" corporate pension plans by the Industrial and Commercial Bank as the trustee and administrator accounts, as Trustee of the Everbright Bank, ICBC Credit Suisse Fund Management Company, Huaxia Fund Management Company and CITIC Securities Company as investment manager. As the first investment managers based on different investment expertise, management style different set of standardized annuity portfolio of products, "old-age wishful 1" China has set up a positive configuration, the ICBC Credit Suisse steady income and CITIC smooth return of the three portfolios. The Chinese active portfolio allocation focused on the rights and interests of investment, can give full play to Chinese fund management company in the interests of investment products advantages, preference for "high risk, high yield," the choice of clients; ICBC Credit Suisse steady income-oriented portfolio of rights Type of fixed-income investments and investment between the balance for the pursuit of long-term, stable income clients to choose; CITIC smooth return will give full play to the combination of CITIC Securities Company in the fixed-income investment products on the expertise, through bank deposits, the central bank to buy Bills and Notes As well as the "new attack" to ensure that pension assets in the smallest risk on the premise of increasing the value realization. "Ideal old-age No. 1" internal corporate pension plans are also introduced for the first time allow individuals to invest in the conversion mechanism. Participants in the scheme are allowed to enterprises according to their own needs, in April of each year in October and two free three of its pension assets in the portfolio's allocation to adjust the ratio to better to avoid market risks. The industry that take the trustee, trustees, investment managers of the trust model is the separation of enterprise annuity management trends and avoid the trustees and investment managers easy integration brought about by the weakening of investment oversight responsibilities, to enlarge the investment risk and other issues .