Brief introduction of AVIC trust pension fund

In recent years, AVIC Trust has continued to go deep into the field of aged care services, comprehensively laid out the product matrix of aged care trusts, and expanded the aged care service system in the whole chain. Since 2023, AVIC Trust has further deepened the second pillar of providing for the aged, and the annuity trust allocation service has been reported frequently. "Through innovative practice in the field of annuity allocation services, AVIC Trust is committed to building a professional entrusted annuity allocation brand and helping to build the second pillar of the pension system." Fan Hua, deputy general manager of AVIC Trust, said.

Trust and trust achieve a new breakthrough in annuity trust.

Enterprise annuity and occupational annuity have become the "second pillar" of China's old-age insurance system. With the improvement of China's old-age insurance system, the annuity system has developed greatly. As of 202 1, the accumulated fund scale of enterprise annuity reached 2.64 trillion yuan, up by18% year-on-year. In recent years, trust products have gradually become an important asset allocation of enterprise annuity, because the unique property application, management and distribution system of trust highly meets the requirements of enterprise annuity management. In 2020, the trust products allocated by enterprise annuity will account for about 10%, and the product yield will reach 6.0 1%. With the gradual improvement of pension-related policies, the demand for enterprise annuity trust in China is expected to increase year by year.

In this context, AVIC Trust has given full play to the active management ability of trust companies, actively deepened long-term capital cooperation with annuities and other fields, launched "Tian Hong" annuity trust products, provided professional annuity allocation services, and formed close cooperation with many enterprise annuity fund management institutions. Up to now, the company has obtained the qualification of all annuity investment managers and cooperated with nearly half of the institutions.

In terms of product configuration, it relies on its professional management ability in asset configuration, customer management, product design, market development and comprehensive operation. Make full use of the resource advantages in the field of alternative investment for many years, accurately meet the long-term capital allocation needs, and customize high-quality allocation targets with stable income and complete risk control for enterprise annuity investment managers and trustees.

In terms of professional team, the company set up a special team and introduced professionals with service background in the annuity industry to deeply understand the rules and preferences of long-term capital asset allocation. According to the demand of annuity, tap and match high-quality assets, and let professional people do professional things.

In terms of professional process, different from the traditional trust business process, the company has specially developed a green online audit process to speed up decision-making and service efficiency. On the premise of risk control, improve the response speed and market competitiveness.

Three characteristics to create a new brand of annuity allocation

Since the beginning of this year, AVIC Trust has made great efforts to promote the road of asset allocation led by investment and research system, entrusted service led by scene planning and digital service led by technology empowerment, and continued to create greater value for customers. Through the "three characteristics", we will continuously improve our professional asset management ability and comprehensive management service ability, and fully assist the construction of the old-age service system.

Professional services: AVIC Trust focuses on aged care services, constantly consolidates its service capabilities and launches multi-scenario innovative services. For example, in the aspect of institutional pension, AVIC Trust launched Kunxian Pension Trust, providing one-stop account management to achieve the three goals of customer investment, pension and inheritance. In terms of community pension, AVIC Trust has set up a dual trust property management service trust to link community development scenarios and provide third-party care for the elderly and special groups.

Comprehensive allocation system: In terms of specialized asset allocation, under the asset allocation concept of "Guiding the North", AVIC Trust has built a new refined wealth management model oriented by comprehensive solutions, and built a rich product line covering cash management, private equity, long-term equity and non-standard creditor's rights. Meet the long-term and short-term investment needs of different types of customers; In the construction of the middle and background system, relying on digital technology.

Fan Hua said that on the basis of the existing business, AVIC Trust will give full play to the "original" advantages of the trust system, focus on customer needs, and focus on alleviating the pressure of old-age security, constantly explore and integrate trust solutions, and constantly improve the capabilities of asset allocation, entrusted services and digital services to create greater value for the society.

This article is from the Trust Centennial Association.

Related Q&A: What about the AVIC Trust? AVIC Trust, founded by AVIC and OCBC, has certain strength. However, in 20 19, the profit of AVIC trust dropped sharply. In 2020, he was punished by the Bank Insurance Association for risk control. In terms of business development, trusts have repeatedly stepped on thunder, such as Fu You and Kangdexin. Participation should consider risks.