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2024年10月25日 · Subscribe to unlock this document and more. Life annuity. Present value of life annuity - immediate annuity Immediate annuity: an annuity in which payments commence one year after the purchase Jane, who just had her 60 th birthday, wants to purchase a life immediate annuity that pays $120,000 each year.
2024年10月25日 · China's financial landscape is undergoing a significant shift as the National Financial Regulatory Administration (NFRA) has unveiled a new policy direction for commercial annuities. The announcement, made in a notice dated 22 October, signals a commitment to invigorate this sector and position it as a key pillar in the country's financial market.
2024年10月20日 · China on Friday rolled out a detailed implementation plan for private pensions, following the release of a guideline on pushing forward the development of private pensions to complement the nation's current pension system in April.
2024年10月24日 · China will vigorously promote the development of commercial insurance annuities, the National Financial Regulatory Administration said in a circular on Wednesday.
2024年10月30日 · Analysts at AXA IM briefly summarises the pillars of China's pension system. A combination of proper pension reforms, better allocation of state and private-sector assets, and greater utilization of new technologies can help China to defuse the demographic bomb and mitigate the ageing shock for its economy and society.
