China Banking and Insurance Regulatory Commission: Personal pension fund accounts are exempt from annual fees, account management fees and other fees. Fund account opening and related business supervision and other requirements.
The China Banking and Insurance Regulatory Commission clarified that the personal pension business refers to the business carried out by commercial banks and wealth management companies in accordance with relevant state regulations, market-oriented operations, the government provides policy support, and realizes the supplementary functions of pension insurance.
CBRC Chang Zhou Lanling: First of all, participants need to open a capital account at a commercial bank designated by the China Banking and Insurance Regulatory Commission. This capital account is a special account, and the account opened by the opener can only be used to buy personal pension products. After opening an account, according to the voluntary principle, you can purchase savings products, and you can also purchase financial products, insurance products, fund products, etc. determined by the regulatory agency.
CBIRC also It is clear that the fund account is unique, that is to say, a participant in the personal pension business can only choose one qualified bank to open a fund account, and cannot open separate fund accounts in multiple banks.
Commercial banks are exempt from annual fees, account management fees, SMS fees, and transfer fees for personal pension fund accounts.
The upper limit for participants to pay personal pensions to the fund account is 12,000 yuan per year, and overpayment is not allowed.
Prior to reaching the receiving conditions stipulated by the state, the personal pension fund account is closed and operated, that is to say, it can only be deposited into it, and cannot be withdrawn in advance.
Zhou Lanling, Director of the Legal Department of the China Banking and Insurance Regulatory Commission: The specific number of times and the amount are determined by the participants themselves. It can be divided into 1,000 yuan per month, or 12,000 yuan at a time, which is completely up to the participants to decide.
Source: CCTV news client