129773184462031250_151Hexun homepage established mobile phone version of the stock/fund salary and welfare pension fund industry supervision microblogging news blog rolling index of occupational pension group insurance company reviews Enterprise special pension premium dataAnnuity data year gold medal according to the social security insurance supermarket insured pension financial management skills of heavy bunker microblogging Salon know Wikipedia hexun.com pension > body font size print RSS source March 26, 2012: daily commercial newsPension market's ice-breaking journey came earlier than expected.
On March 20, the news from the National Council for Social Security Fund, 100 billion pension balances of funds of Guangdong province for the first time commissioned the National Council for social security fund investment and operation.
Guangdong after the pilot, market is also looking forward to the progress of pension market in other parts of the country. However in the wholePensions investment operation scheme and related tax preferential policies before you come, "Guangdong model" is the case they will be around to follow suit?
Pensions investment operation, how to ensure that the value of pensions has also become a focus of attention of all. Beat inflation to bottom line it is learnt that the $ 100 billion Fund will arrive in batches, discretionary investment period interimTwo and a half years.
And the funds will adopt a more prudent approach to investment, primarily invested in government bonds, corporate bonds, financial bonds, bank deposits and other fixed income products. Local management of pensions are mainly used to buy Treasury bonds and Bank, but yields are too low. By the end of December 2010, local management of basic old-age insurance fund balance of $ 1.5 trillion. TenYears with an average annual rate of return on investments of less than 2%, down from an average annual rate of inflation.
According to the Chinese Academy of social sciences, Director of the Center for social security studies of the world Zheng Bingwen calculation: the 2010-2011 national pension is only two years due to inflationary devaluation of more than 130 billion yuan of funds. Pension income in Guangdong Province, the National Council for Social Security Fund commitment: principalAccess Bank fixed deposit interest rate is not less than the same period, that is, not less than 4.4% (two-year Bank term deposit rates). "In this terms, at least you can beat inflation. "Fund fixed income Director Chen Shangqian said.
In the Government work report, Premier Wen Jiabao made in 2012 CPI is 4% around. InIn the various provinces and municipalities throughout the country, social security funds accumulated balances in Guangdong province for many years lived in the nation. "Well placed to take the lead in water. Other parts of the country that have the conditions to do so try (provinces) are limited.
"Southern fund management business division of the company Vice President Jiang Cen said. 2010 Guangdong urban basic old-age pension insurance only cumulative balances amounted to $ 247.148 billion, Jiangsu 1 time times more, than in second place.
At the end of last year, the national social security fund had total assets of more than $ 2.4 trillion. National Council for Social Security Fund was chosen, also stems from its past performance record. Since 2006, the National Social Security Fund Council entrusted with the management of the central financial grants to 9 provinces and Government do real personal account, and moreHigh rate of return.
Meanwhile, the national social security fund was established for 11 years with an average annual rate of return of 8.41%, above the inflation rate in the same period 6%. To return, Zheng Bingwen suggested reporters to security, national unified management of pensions should be referred to the specialized agencies under the State Council. The view was expressed that, by the province to manage pension funds more in line withReal.
As to whether the establishment of the management of the pension investment operations, Mr Yin, Minister of human resources and social security also responded that during the two sessions in an interview "the programme is still under study, would actively promote".
Mr Yin said in front of the pension investment operational programme as a whole is not determined, operation pilot will choose to invest in individual provinces. It is learnt that the developmentOld gold investment and operation method is also 2012, one of the most important work of the Department of human resources and social security.
People in the industry after it is expected that the measures introduced, pension funds into the stock market may have a variety of options. Billions of pensions investment operation in Guangdong, final is directly managed by the National Social Security Fund Council is unified by the tender, by the investment manager to manage, there is currently noMore accurate messages.
Industry speculation, be taken by the National Council for Social Security Fund or management and delegated administration management on their own. By the end of 2011, the National Council for social security fund investment assets in total assets of 58.03% commissioned the invested assets of the 41.97%, 2001-2011 average annual yield of 8.41%. There are currently 18 institutions as the National Social Security Fund Council selected by the receiver, including 16 funds and 2 brokers.
It is learnt that the social security funds will be selected from the 18 institutions part of the institution as a multi-billion dollar pension fund managers, more than fund company's relevant departments have also begun preparing programmes dealing with filters. From cardAccording to a survey by the IPCC, principal investment on contribution of higher investment returns.
Until the end of 2010 in the national social security fund accumulated investment income, discretionary investment contributed some 64.8%, this part of the year and perhaps even as high as 14.76%. However, in the case of absence of pension investment management, pilot may be a new attempt to Guangdong.Jilin province Securities Commission, former Secretary for Jiang Lianhai told reporters: "priority is investment in research by what method, achieving value, while enhancing regulatory capital security. "Jiang Lianhai believes that pension market needs to establish rigorous management and investment mechanisms, investment targets you should select the blue chip shares relatively stable, investment capital percentage you can gradually expand, promote。 Financial commentator Ma Guangyuan stressed: "to truly build up the security of pension market, investment decisions and supervision of special selection of replacing the system of fund managers, regularly publish the performance of fund managers. Only under the prerequisite for securing pensions
tera gold, pension investment can be extended to the whole country. "Low percentage in the early intervention: 10%-15% Chinese residents basic endowment insurance are paid by the local management of local government in August 2000, the State Council established a National Council for Social Security Fund and
tera gold, but the jurisdiction of the national social security fund of funds for the reduction of State-owned shares of the funds and equity assets and central financial incoming funds. On March 21, outside the "principal investments operations" incorrectly read as"Principal market", or even interpreted in "stock market", devoted to the National Social Security Fund Council Conference be clarified. An aversion to "Welcoming pension market" position at the same time, also special announcements into the city are not in contradistinction to the stock market, "different combinations, different funds have different requirements, and not all invest in the stock market, also includes the bond marketAnd any combination of a fund can not totally stock.
"100 billion in pension in Guangdong, exactly what percentage can be invested in the stock market? "According to the policies of the State, not all social security fund for investing in stocks, for example, proportion of enterprise annuity can be used to invest in the stock market can reach 30%, pensions are more conservative and prudent",Shum expects Jiang, the multi-billion dollar pension investment ratio of stock market is estimated to be around 10% per cent, that is, there will be around 10 billion to 15 billion in funds for investment in the stock market. "For the Shanghai and Shenzhen stock markets daily trading volume in the hundreds of millions of dollars, pensions market more of a symbolic significance.
"Jiang Cen said. Pensions investment operation programmeAnd related measures before the market believes, other local pension market in the short term, there is a breakthrough.
However in the Dacheng Fund fixed income Director Chen Shangqian, pensions market bond market means a lot. Despite the billions of old-age pensions in Guangdong "into" investment scope does not include equity investments, but market participants believe that future pensions will speed upIn the area of investment. It is understood that, by the end of 2011, the national social security fund has invested 13 equity investment fund
tera power leveling, amounts promised to invest $ 19.5 billion, the national social security fund investment for equity investment amount of only 1% per cent of total assets. According to China daily
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