Pilot areas of financial products for the elderly: Beijing, Shenyang, Changchun, Shanghai, Wuhan, Guangzhou, Chongqing, Chengdu, Qingdao and Shenzhen.
Pilot institutions of pension wealth management products: ICBC Wealth Management Co., Ltd., Jianxin Wealth Management Co., Ltd., Bank of Communications Wealth Management Co., Ltd., Agricultural Bank Wealth Management Co., Ltd., China Post Wealth Management Co., Ltd., Everbright Wealth Management Co., Ltd., CMB Wealth Management Co., Ltd., Xingyin Wealth Management Co., Ltd. and Yinxin Wealth Management Co., Ltd.
Endowment wealth management products are not pensions, but also wealth management products, but not all wealth management products are guaranteed. However, compared with other types of wealth management products on the market, the security of pension wealth management products is still much higher.