crypto system, searches

The first batch of 85 index funds are included in personal pension investment. How will the expansion affect the market? Interpretation of many fund companies2.4 Optimization of capital market structure

The expansion of individual pension system is an important step in the development of multi-level pension insurance system in China, aiming at meeting the challenges brought by the aging population. According to the latest policy, the personal pension system will be extended to the whole country on December 15th, 2024, and the first batch of 85 equity index funds will be included in the catalogue of personal pension investment products. The implementation background of this policy is mainly based on the following points:2.4 Optimization of capital market structureThe entry of long-term funds into the market helps to reduce short-term fluctuations in the market and enhance market stability. Personal pension as a long-term fund, its investment in index funds will reduce speculative transactions in the market and enhance the long-term investment attributes of the market. According to market research, long-term capital entry into the market can reduce market volatility and improve market efficiency and stability, which is of great significance to the healthy development of the capital market.

Improve market efficiency: the transparency and low rate of index funds help to improve market efficiency, reduce transaction costs and increase investor participation.Underdevelopment of the third pillar: Compared with developed countries, the scale of the second and third pillar pensions in China is relatively low, which needs to be promoted through policy guidance.Improve market efficiency: the transparency and low rate of index funds help to improve market efficiency, reduce transaction costs and increase investor participation.