The index provider expects the country's fledging annuity enterprise scheme to spur asset managers to create funds based on target-risk and target-date strategies.
Tag : enterprise annuity
New tax incentives for contributions to enterprise annuity are tipped to drive asset growth in China’s pensions system, although investors may adopt a wait and see approach at first.
The subsidiary of China Life Insurance may develop enterprise annuity products with guaranteed pay-out options after going live with a new investment management system.
China Life Pension has implemented new software for handling portfolio valuation and accounting, as it looks to develop its asset-management business.
