Summary of the Notice and supporting specifications
Notice of the Ministry of Human Resources and Social Security on Adjusting the Investment Scope of Annuity** (hereinafter referred to as the "Notice") and the issuance of supporting specificationsThe "Notice on Expanding the Investment Scope of Enterprise Annuity**" was repealed(Ministry of Human Resources and Social Security 2013 No. 23). At the same time, Chapter 6 of the "Measures for the Management of Enterprise Annuity" (Order No. 11 of the Ministry of Human Resources and Social Security), Chapter 3 of the Notice of the Ministry of Human Resources and Social Security and the Ministry of Finance on Printing and Distributing the Interim Measures for the Administration of Occupational Annuity (Ministry of Human Resources and Social Security No. 2016 No. 92), the "Notice on Issues Concerning Enterprise Annuity and Pension Products" (No. 24 of 2013) and the "Notice on the Pilot Investment of Equity and Preferred Shares of Enterprise Annuity" (No. 64 of 2014) of the Ministry of Human Resources and Social Security have been adjusted.
Review the "Notice" and supporting specifications, clarify the definition of annuity, stipulate the new investment scope of annuity, increase the upper limit of the proportion of equity asset investment, and further standardize the investment behavior of annuity.
The adjustment of the investment scope of annuity has promoted the healthy development of the annuity market and realized the preservation and appreciation of annuity assetsIt is an important means to respond to market concerns and prevent and resolve annuity investment risks under the new situationIt is of great significance to promote the healthy and standardized development of the second pillar of pension insurance and better safeguard the rights and interests of annuity beneficiaries.