4月21日，国务院办公厅印发《关于促进个人养老金发展的意见》（以下简称《意见》），标志着个人养老金进入新阶段。自6月9日起，个人养老金制度“出炉”已经50天了。为此，《证券日报》记者采访了银行、基金公司、个人投资者和行业专家，探讨个人养老金业务的推进。路线地图。
银行和基金已经开始部署
据悉，多家基金公司正在积极布局个人养老金项目。如华夏基金建立了适合养老金管理的制度框架，配备高级投资经理，构建了完整的产品线，提供了丰富的养老金产品选择。 .
“目前，华夏基金已设立9只养老目标基金，2只在售。其中，5只目标日基金基本可以满足70后至90后的养老投资需求。” 《证券日报》记者说。
上述负责人表示，目前这些产品和其他基金一样可以正常购买，但不享受税收优惠。
除了基金公司，银行也在积极完善养老金账户相关业务体系。如中信银行推出“幸福+”养老金账簿，将实现第一支柱、第二支柱、第三支柱养老资产，为客户呈现跨周期、跨平台、跨资产类别的“养老账簿”。.通过该功能，可以全面展示客户的养老金资产，并不断优化养老金资产汇总、养老金缺口测算、养老金计划规划、养老金服务等功能，打造一站式平台养老金金融服务。
中信证券首席经济学家明明告诉《证券日报》记者，目前商业银行在开户和代销产品方面具有优势。它们可以覆盖最广泛的客户群，具有不可替代的独特性。此外，绝大多数个人养老金账户将设立在商业银行。此账户是唯一的，不能提前提取资金。因此，每位客户每年可以带来数以万计的资金存款，这对银行来说意义重大。
中国国际经济交流中心经济研究部副主任刘向东告诉《证券日报》记者，银行、基金等都在积极参与个人养老金账户和基金管理。资金。
Investors expect personalized products
The above-mentioned "Opinions" stipulate that the upper limit for participants to pay individual pensions is 12,000 yuan per year.The state formulates preferential tax policies to encourage qualified personnel to participate in the individual pension system and receive individual pensions in accordance with regulations.
It can be seen that there are two advantages for investors to participate in personal pensions: First, it can reduce the current personal income tax payment; second, it helps investors to plan early, accumulate less, and realize long-term preservation and appreciation of pension assets to meet the needs of retirement. pension needs.
"Currently, banks' wealth management yields are low, while stock market volatility and risks are relatively large, so they cannot meet the needs of pension investment. The introduction of personal pensions can be used as a supplement to basic pension insurance. After retirement, you can have an extra income and further increase The standard of living after retirement.” An investor born in the 1990s told the Securities Daily reporter that at the supply level of pension security products, investors are looking forward to the launch of more diversified pension products that meet individual needs.
On June 8, Li Yimei, general manager of China AMC, said that in the future pension investment management, the importance of refined and diversified asset allocation will become more and more prominent.After more than 20 years of continuous evolution, my country's public funds have changed from a pure equity fund to an important variety that can be allocated in an all-round and all-weather manner. At present, the number of public funds in the whole market exceeds 9,000, and fund companies can provide rich resources for other pension asset management. The underlying configuration tool for .
In Liu Xiangdong's view, from a trend point of view, personal pensions are relatively flexible, highly selective, and enjoy preferential policies, emphasizing lifetime accumulation and closed accumulation, which can well meet the needs of individuals for long-term investment and supplementary security for pensions.In the future, with the gradual improvement of the personal pension system and the increasing variety of investment financial products in my country, it is expected that more investors will participate in the personal pension account plan.
Experts suggest increasing tax incentives
Yang Chang, head of the policy group and chief analyst of the China-Thailand Securities Research Institute, told the "Securities Daily" reporter that overall, the overall market share of my country's personal pensions still has a lot of room for development.In terms of the specific tax system, due to the relatively small number of individuals paying individual income tax at this stage, the population covered by the tax-deferred pension insurance is relatively narrow, and how to expand the coverage of low-income groups will be the focus of policy considerations.
It is clearly suggested that, in light of my country's national conditions, we should introduce stronger tax preferential policies and a direct subsidy system for low-income groups in a timely manner.
Wang Zhongmin, former vice-chairman of the National Council for Social Security Fund, said on June 8 that the more specific the regulations and measures for the implementation of individual pensions, the better, and the more granular the implementation of basic pensions, the better.The earlier the personal pension is implemented, the more active and effective the personal security system can be.At the same time, individual pensions must be managed independently from accounts, and at the same time meet the needs of the accumulation system.
王忠民进一步表示，个人养老金投资于金融资产，将有力促进实体经济的资金供给。因此，个人养老金免税不会减少税收。相反，个人养老金的长期资本将进入实体经济，带来税收和经济活动的繁荣。
(Editor in charge: Guan Jing)
