reporter Shang Qinglong
On November 25, the Ministry of Human Resources and Social Security announced that the personal pension system was launched and implemented in 36 current cities or regions including Beijing, Shanghai, Guangzhou, Xi'an, Chengdu, and Qingdao . Industrial Bank is one of the first commercial banks to obtain the qualification to start personal pension business. It has officially launched personal pension business, fully launched personal pension account functional services, and opened a pension financial zone in mobile banking to plan pension financial plans, set up pension activities, and provide pension services.
Personal pension system is a pension security system that voluntarily participates in and the state provides tax preferential policies. It together with basic pension insurance (first pillar), enterprise annuity or occupational annuity (second pillar), and my country's pension security system. Participants need to choose a qualified commercial bank to open a special account for pension contribution, product investment, and benefits. They can enjoy a personal tax policy preferential amount of up to 12,000 yuan per year to ensure future pension life.
As one of the national banks that have deployed pension finance earlier in China, Industrial Bank has deeply participated in the national system design and policy pilot program of individual pensions, and has made long-term preparations for this, and has made advance arrangements in various aspects such as system construction, product reserves, channel expansion, and customer service. On the day the personal pension business was officially launched, as the first batch of institutions to start personal pension business in Qingdao , Industrial Bank Qingdao Branch opened more than 2,000 personal pension accounts through multiple channels "online + offline". It also launches successfully and receives a red envelope gift of up to 288 yuan, and can enjoy a series of discounts such as account management fee, , SMS notification fee, and free transfer fee.
According to the policy, personal pension fund account funds can be used to invest in financial management, savings, insurance and public fund products with standardized operation, high security, mature and stable investment, with long-term, stable and universal characteristics to achieve the preservation and appreciation of pension assets, which greatly tests the comprehensive wealth management capabilities of commercial banks. Industrial Bank continues to enrich the product shelves around personal pension savings, personal pension financial products, personal pension insurance products, and personal pension public fund products that can be invested in by personal pension account funds. It actively introduces 113 high-quality fund in the personal pension account investment fund directory, and selects multiple series of pension financial products covering different periods and 4 commercial pension insurance products, achieving full coverage of investment categories, and will actively carry out agency sales cooperation with domestic leading fund companies and life insurance companies to introduce more high-quality and inclusive pension financial products .
"I made an appointment for personal pension business on Industrial Bank's mobile banking very early. As soon as the business was launched, I came here to handle it." At the business department of Industrial Bank Qingdao Branch, Ms. Li, a citizen, successfully opened a personal pension account through Industrial Bank's mobile banking APP and paid the first amount of 1,000 yuan. "I have more than ten years of retirement. I can enjoy the national tax preferential policies when applying for personal pensions. The maximum tax base of 12,000 yuan can be deducted in a year, which has really relieved my pension pressure in the future."
A high-tech enterprise is a client of Industrial Bank Qingdao Branch. Before the personal pension business was officially launched, it actively made an appointment to open a personal pension account for employees. Industrial Bank Qingdao Branch immediately explained the advantages of personal pensions in tax saving and pension planning. The person in charge said: "Personal pension business not only helps corporate employees enjoy tax benefits, but also helps individuals rationally plan pension funds and choose financial products reasonably." Many employees said that although they are young now and have good income, they often have no plans to spend money. Personal pensions can help them save money every month and save taxes, which is exactly what they need.
Industrial Bank launched the country's first comprehensive elderly care financial service plan - "Anyou Life", as early as 2012, providing diversified services for the elderly with "financial + life"; in 2016, it officially launched the professional operation of elderly care finance, focusing on building comprehensive financial services for the entire chain of elderly care finance, becoming the only commercial bank to win the honor of "Best Pension Financial Institution". At present, Industrial Bank has more than 16 million elderly care financial services customers, and its comprehensive financial assets have exceeded 1.5 trillion yuan.
