The reporter learned from a number of bank financial management companies that, based on the previous round of pilots, a new round of expansion of pension wealth management products is expected to be implemented soon. “We have reported the materials. We will check the approval status later.” The head of the financial management sub-business department of a leading bank told reporters. According to the Financial Services Association reporter's summary, institutions that meet the regulatory requirements are expected to be approved to distribute a new batch of pension wealth management products as early as the end of September, and some institutions have already begun preparing matters related to product distribution. Institutions that have entered the preparation stage include companies that have already issued pension wealth management products, as well as companies that have never issued related products. According to data from China Wealth Management Network, up to now, a total of 10 financial management companies have issued 51 pension wealth management products.

The reporter learned from a number of bank financial management companies that, based on the previous round of pilots, a new round of expansion of pension wealth management products is expected to be implemented soon. “We have reported the materials. We will check the approval status later.” The head of the financial management sub-business department of a leading bank told reporters. According to the Financial Services Association reporter's summary, institutions that meet the regulatory requirements are expected to be approved to distribute a new batch of pension wealth management products as early as the end of September, and some institutions have already begun preparing matters related to product distribution. Institutions that have entered the preparation stage include companies that have already issued pension wealth management products, as well as companies that have never issued related products. According to data from China Wealth Management Network, up to now, a total of 10 financial management companies have issued 51 pension wealth management products.