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基于美国养老金发展历史,一系列制度和激励政策的落地将逐步激发养老金市场的活力
基于美国养老金发展历史,一系列制度和激励政策的落地将逐步激发养老金市场的活力
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所属报告:
贝恩公司:2023中国养老金市场白皮书(26页).pdf
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图2.5:.低迷的就业可能开始影响国家养老金的可持续性
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行业数据
2026-07-21
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图13、养老金权益和共同基金规模占比显著提升
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市场规模
2026-06-25
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图14、美国三支柱养老金体系发展历程
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产业概述
2026-06-25
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图15、养老金制度改革推动其资产规模稳步扩张
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市场规模
2026-06-25
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图94:一系列房地产政策对消费者所在城市影响
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政策法规
2026-04-27
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图9:最近测量年度中报告的总养老金负债变化(十亿美元)
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行业数据
2026-04-20
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图12:报告的总养老金责任(十亿美元)
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行业数据
2026-04-20
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图9.6:在一系列MENA国家中通过社交媒体的影响者关注 阿拉伯晴雨表(2023-2024)
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行业数据
2026-03-20
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截止25年11月25日,全球私募信贷资金供给中养老金规模
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市场规模
2026-03-16
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WWE涌现出以道恩·强森(DwayneJohnson)为代表的一系列明星
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行业数据
2026-03-10
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表1、2024年全球公共养老金基金排名
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2026-03-09
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图8、美国三支柱养老金体系发展历程
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产业概述
2026-03-09
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全球主要国家公共养老金支出占GDP比重预测(2000-
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2026-02-24
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图3-15日本养老金三大支柱参与人数趋势(千人,2002-2022年)
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2026-02-09
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表2-3第三支柱养老金融产品规模(截至2023年年末)
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2026-02-09
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同时,鼓励外资金融机构参与养老与财富管理,取消外资股权比例上限。目前大型外资机构已经加速在华布局(如信安入股建信养老金,恒安标准人寿设立第一个由合资寿险公司开设的养老保险公司),通过引入成熟市场的最佳实践提升养老金市场的竞争水平。以史为鉴,基于美国养老金发展历程,一系列制度和激励政策的落地将会逐步激发养老金市场的活力(图4)。在企业层面,美国政府不断出台激励政策鼓励企业参与,如“消极选择”政策以及养老金保护法案(PPA),并不断优化养老金基础设施,丰富养老金滚存、咨询以及股权投资计划;在个人层面,美国政府也逐步放开缴费与补缴上限,扩大养老金影响力,激发个人参与意愿度。虽然政策激励的节奏有所不同,但贝恩认为,从长期趋势上,中国养老金市场也将伴随政策加速落地持续增长。
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贝恩公司:2023中国养老金市场白皮书(26页).pdf
图7:可供选择的业务选项
图6:贝恩归纳出了四大类商业模式,与价值链上的各玩家相对应
第三支柱市场现有参与者数量
中国企业年金市场竞争格局(资金单位:万亿元,账户单位:万,2021年)
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