Buy up to 500,000 in a bank!5-20 years of specific pension savings products are only in these cities

21st Century Business Herald Reporter Tang Jing Beijing report

The 5-20 years of specific pension savings products are here! At present, the maximum period of bank deposit products in my country is basically 5 years. How to price more than 5 years of deposit products?

The official website of the CBRC released the news on July 29. Recently, the CBRC and the People's Bank of China jointly issued the "Notice on Carrying out the Pilot Work of Specific Pension Savings" (hereinafter referred to as the "Notice") and launched a pilot pilot of specific pension savings.

The "Notice" states that the four large banks of Gong, Nong, China, and Jianjian will conduct a pilot of specific pension savings in five cities in Hefei, Guangzhou, Chengdu, Xi'an, and Qingdao. One year.

Specific pension savings products include three types: rectification, zero deposit, and rectification. The product period is divided into 5 years, 10, 15 years, and 20 years. Time deposit interest rate. The reporter query from the Bank of China APP that the interest rate of 5 -year deposit deposit deposit deposit deposit deposits from 50 yuan from the current bank is 2.75%.

The "Notice" pointed out that the principal limit of the deposit of a special pension savings product in a pilot bank of a single house is 500,000 yuan. Given that the renovation of the pilot banking system takes a certain time, the start time of the pilot is around November 2022. The "Notice" requires the pilot bank to do a good job in product design, internal control, risk management and consumer protection to ensure the steady operation of specific pension savings business.

In the next step, the China Banking Regulatory Commission and the People's Bank of China will closely track the pilot pilot of specific pension savings, strengthen supervision and management, ensure the safe and stable development of the pilot, and effectively safeguard the legitimate rights and interests of consumers. At the same time, summarize the evaluation pilot situation in a timely manner, study and promote pilot experience in a timely manner, and promote the construction of multi -level and multi -pillar pension insurance system for commercial banks.

Zhou Maohua, a macro researcher at the Everbright Bank Financial Market Department, told reporters of the 21st Century Business Herald that specific pension savings products include three types: rectification, zero deposit, and rectification. On the whole, the product is better balanced income and liquidity. This product belongs to a regular deposit, which guarantees the capital, and the income is fixed. It can meet the customer's needs of low risk preferences and favors "fixed income". From the middle and long term, specific pension savings products also help optimize the bank's asset -liability structure and increase the proportion of medium and long -term deposits.

Dong Dengxin, director of the Institute of Finance and Securities of Wuhan University of Science and Technology and the core member of the 50 -person Forum of China Pension Finance, pointed out to reporters that specific pension savings products are essentially bank deposits. They have the attributes of freedom of deposit as ordinary deposits. Bettering the function of pension guarantee better. If the incentive mechanism is not in place, the people will not be very enthusiastic about buying specific pension savings products.

In Dong Dengxin's view, specific pension savings products should not only have an advantage in interest rates than ordinary deposits, but also have a certain reduction in interest tax, thereby boosting the willingness to participate in urban and rural residents. Once a specific pension savings product is bigger and stronger, it will bring a considerable long -term capital stock to the bank. It will play an important role in improving the asset -liability structure and providing long -term sources of funds. It will help banks to better play the support of the real economy, and The function of serving the real economy.

He also pointed out that after the new rules of asset management landed, all the asset management products must be broken, and the steady returns of specific pension savings products have a certain relative advantage. In addition, specific pension savings products can also provide a variety of investment options for personal pension accounts.

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