The Preferential Scheme Of Commercial Pension Insurance Is Approaching

At the end of the year, the market was waiting for another boot that had an impact on the insurance industry.

Following the launch of the business health insurance tax preference pilot policy, the industry generally expects that the pilot scheme of personal tax deferred pension insurance is expected to be introduced in December. According to the press, some insurance companies have begun negotiating with the relevant agencies about the cooperation of the pilot scheme of personal tax deferred pension insurance.

Analysts believe that the tax deferred policy will become the largest institutional dividend in the pension industry, which will provide multiple opportunities for the insurance industry to serve the elderly consumers through the insurance side, as well as the construction of corresponding facilities through investment terminals.

With the insurance product form led by the old age service chain, the investment of insurance companies is expected to be strengthened, and the financial needs of the pension industry may therefore be blowout.

Wang Zuji, former vice chairman of the China Insurance Regulatory Commission, said the CIRC, as the main body of policy implementation, has done a lot of research in terms of tax deferred institutional arrangements, product design, process and other related aspects, and has already possessed certain technical reserves.

The new "Ten States" also put forward the pilot plan for the development of personal tax deferred commercial endowment insurance in a timely manner, clearly stipulates that the pilot work should be launched in 2015.

Authoritative sources said that at present, regulators are stepping up efforts to improve the personal tax deferred old-age insurance related pilot scheme and fulfill the necessary process before issuing, and strive to start the pilot in advance if conditions permit.

After the release of the plan, the insurance industry will make a substantial substantial contribution to further enhance the service function of insurance products.

This makes life insurance companies feel "warm" further.

China Life Insurance responsible person said that after the business health insurance preferential tax policy is clear, life insurance companies have appeared in recent years, the best "window period" for related product design and operation.

In the future, with the introduction of the endowment insurance tax extension policy, the insurance industry can play a greater role of financial support for the service pension industry through the appropriate adjustment and adjustment of the tax to the industry underwriting structure.

According to a person from the insurance regulatory bureau, the funds for personal insurance for old-age insurance will be directly derived from

The amount of tax payable should be reduced, and the personal income tax will be calculated according to the relevant policies when the pension insurance is received.

Although the initial effect of the policy is unlikely to be immediate, it will play a crucial role in the long-term development of commercial endowment insurance and the integration of the three pillars of endowment insurance.

It is understood that some insurance companies have begun to discuss with the relevant agencies the personal tax deferred pension insurance pilot scheme after the launch of cooperation.

Insiders say that for some insurance companies that have actively intervened and have accumulated resources, it will become a strategic choice to build a closed loop of the pension industry service. Relevant agencies are expected to integrate multiple resources to seize the upstream and downstream opportunities of the industrial chain.

The head of a large insurance company said it was designed to adapt to the tax deferred policy.

Products have become the focus of attention of the business sector. At present, many companies are studying product solutions, and negotiations with external agencies are also in progress.

After the landing of relevant policies, the insurance company will further deeply intervene in the pension industry and integrate resources as soon as possible to seize the market.

Analysts believe that the tax deferred policy will become the largest institutional dividend in the pension industry, which will provide multiple opportunities for the insurance industry to serve the elderly consumers through the insurance side, as well as the construction of corresponding facilities through investment terminals.

With the insurance product form led by the old age service chain, the investment of insurance companies is expected to be strengthened, and the financial needs of the pension industry may therefore be blowout.

The report on the 2015 China employee pension reserve index for large and medium-sized cities released in November 29th by the Insurance Association of China shows that there is still much room for improvement in Pension Reserve for large and medium-sized cities.

The enterprise annuity plan and all kinds of commercial insurance are important components of the Employee Pension Reserve. However, the survey shows that the proportion of employees participating in the enterprise annuity plan is only 33.5%, and the number of individuals who purchase personal business pension insurance accounts for only 41.3%.

According to the report, the fundamental way out for improving the Pension Reserve level of employees is to vigorously develop commercial insurance, especially as soon as possible.

"Let employees invest in their accounts to increase their value.

Zheng Bingwen, director of the world social security research center of the Chinese Academy of Social Sciences, said that China's pension reform is still a long way to go. Many problems need to be reached as soon as possible, and a package of solutions will be launched.

Among them, it is particularly urgent to further improve the "multi level" system and accelerate the development of the "third pillars".

The so-called "third pillars" comprehensive deepening reform is to establish and implement the "personal pension account", which is an important field in the construction of China's old-age security system. It needs cooperation and top-level design. At least, it should clarify the related contents of the personal pension tax policy, such as the subject matter, crowd size and implementation carrier.

The capital market is also expected to add new vitality to personal tax deferred pension insurance.

Yang Chao, the former president of China Life Insurance Group, believes that the conditions for China to launch the pilot scheme of personal tax deferred pension insurance are basically available. The tax extension policy can stimulate the development of the pension market, bring more business development space for professional financial institutions, and introduce more institutional investors and long-term stable investment funds for the development of the capital market, which will further promote the development of the capital market.