The measure is one of several outlined at a recent meeting to bolster the property sector and the capital market in the year ahead.
December 28, 2022Fidelity International's approval comes after similar approvals were granted to Neuberger Berman, Manulife Financial Corp and BlackRock.
December 10, 2022China launched its private pension scheme in 36 cities on 25 November. Commercial pension trials will start in 10 cities on 1 January.
December 3, 2022ERISA pensions are now permitted to incorporate material ESG factors into their investment and voting decisions.
November 25, 2022Banks with a net tier-1 capital of more than CNY 100 billion and that meet prudential regulatory requirements can start personal pension business.
November 22, 2022The platform allows users to open accounts, view product information, and communicate with FIs offering pension and wealth management products.
November 16, 2022Fund products receiving private pension investment must have "safe" and "stable" operations and focus on long-term value preservation.
November 7, 2022The MyData service will be expanded to include information on tax payments, public pensions, loan deferrals, and more insurance data.
October 26, 2022The interoperable regulatory sandbox will enable firms to test innovative products and services that fall under multiple financial sector regulators.
October 18, 2022The move is expected to incentivise more FIs to participate in the private pension scheme and improve their products and services to gain market share.
October 7, 2022