After a lapse of nearly three years, pension financial management will usher in a new round of expansion. According to reports, recently, a number of financial management companies are applying for pension financial management qualifications, including the approval of new institutions and the release of new products. Participating institutions include not only financial management subsidiaries that have previously issued related pension wealth management products, but also new institutions that have not carried out related business before. According to the industry, this further expansion of pension financial management is a further implementation of the “Five Major Articles” of finance in the field of pension finance. It is also an institutional advance after the pilot experience has settled. It marks the transition of China's pension financial management from small-scale pilots to normalized and standardized operations. At the same time, once the expansion of pension financial management is implemented, it will also better match residents' diversified and multi-level pension wealth allocation needs.

After a lapse of nearly three years, pension financial management will usher in a new round of expansion. According to reports, recently, a number of financial management companies are applying for pension financial management qualifications, including the approval of new institutions and the release of new products. Participating institutions include not only financial management subsidiaries that have previously issued related pension wealth management products, but also new institutions that have not carried out related business before. According to the industry, this further expansion of pension financial management is a further implementation of the “Five Major Articles” of finance in the field of pension finance. It is also an institutional advance after the pilot experience has settled. It marks the transition of China's pension financial management from small-scale pilots to normalized and standardized operations. At the same time, once the expansion of pension financial management is implemented, it will also better match residents' diversified and multi-level pension wealth allocation needs.