Diverse financial instruments activate the pension financial market

Through sorting out the relevant policies issued by various regions this year, reporters found that diversified financial tools have become one of the important means to activate the pension financial market. A series of innovative explorations have been continuously implemented, promoting the transformation of pension finance from policy guidance to market-driven. Experts indicate that in the next 5 to 10 years, pension financial products will develop towards diversified innovation and full-chain collaboration. Among them, innovative directions such as pension industry merger and acquisition funds, longevity risk securitization products, securitization of embedded pension facility operating rights, cross-border pension REITs, and blockchain-based pension consumption rights tokenization are all worthy of special attention. These products will jointly build a full-chain capital solution covering project incubation, asset operation, and risk diversification, breaking the traditional dilemma of heavy investment, slow returns, and high risks in the pension industry. (Securities Daily)