What are the issuing cities of the first phase of pension wealth management products in 2022?

As the second batch of pilot institutions of pension financial products, China Post Finance will start issuing the first phase of pension financial products "Postal Savings Bank Fortune Tianyi Jinhong 2022 Closed Phase I Pension Financial Products" on August 3. Due to the stable operation of pension financial products in the market, they are favored by many customers. So where can I buy China Post's wealth management products for the elderly?

What are the issuing cities of the first phase of pension wealth management products in 2022?

10 pilot cities in Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Chongqing, Chengdu, Changchun, Shenyang and Qingdao. In 2022, the first phase of closed-end wealth management products for the elderly will be issued in Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Chongqing, Chengdu, Changchun, Shenyang, Qingdao and other pilot cities 10, with an issuance amount of 3 billion yuan. Customers must hold the ID card of the issuing bank to purchase from August 3rd to August18th.

It is worth noting that, unlike the old-age wealth management products currently on the market, the first batch of old-age wealth management products issued by China Post Wealth Management are more inclusive. Customers only need a penny to participate in the subscription, and do not need to pay the subscription fee and early redemption fee, but only need to pay the custody fee, sales fee and the standard of 0.0 15% per year.

(Source: China Wealth Management Network official website)

In addition to the first batch of wealth management products for the elderly to be released by China Post, China Agricultural Bank and China Credit Bank, the second batch of pilot institutions, will also release the first batch of wealth management products for the elderly in the near future. If customers want to pay more attention to and know more about financial products for the elderly, they can directly inquire through China financial network official website. By querying the information of wealth management products, they can directly see the "pension" label in the product name and registration code on the product information page, which can quickly and accurately identify the wealth management products for the elderly.

The above is the introduction of the first-phase pension financing products of China Post Finance. Users must buy from official channels when investing in pension wealth management products, because there are still many fraudulent institutions in the market under the guise of pension wealth management products. Before investing, they should check the relevant data through China Finance Network, carefully identify them, and don't be deceived.