The first anniversary of the personal pension system: the supporting system for the expansion of investment products and the number of participants is expected to be improved.

FIFA, April 21 (FAP)-- A document for the design of the top-level personal pension system, "opinions on promoting the Development of personal Pensions," was released on April 21, 2022, and it has been one year since it was released. Over the past year, various departments have issued relevant supporting rules to promote the smooth landing of individual pensions; after many expansion, the number of individual pension investment products has exceeded 650. under the vigorous promotion of institutions, the number of individual pension participants is close to 30 million, and the scale of investment is close to 20 billion yuan. People in the market generally believe that vigorously developing the personal pension system and tamping the national self-security ability to supplement the old-age pension will play a significant role and far-reaching impact on the healthy development of China's family financial management model and capital market. In the future, with the optimization and improvement of various supporting rules, personal pension will usher in the stage of high-quality development. (Securities Daily)