Compare And Research On Investing Model Of Endowment Insurance Fund In China

Endowment insurance fund in our country can be divided into three levels. Firstlevel is the basic endowment insurance fund, which include social planning fundsand personal account funds. The second level is annuity which is initiated andestablished by enterprises. The third level is personal savings pension insurancewhich is prepared for old life by individual. The scale of endowment insurance fundin our country is increasing year by year. However, it’s necessary to hold andincrease the value when consider the problems of fund gap, ageing of population, thelow level of social pooling, the collection on funds and so on, which can be realizedby higher investment earnings. However, there are many problems to be solved inthe process of the investment of endowment insurance fund in our country, forexample, lacking of the way of investment, low rate of the investment, and manydifferent risks in the course of investment, and so on, which is related to theInvestment model of endowment insurance fund. A fit investment model ofendowment insurance fund can broaden the channel of its investment and get moreearnings under the premise of ensuring security, which is necessary to the demand ofholding and increasing the value of endowment insurance fund. Since the currentinvestment model can’t solve the problem that we faced, we need to learn from thesuccessful experience of the developing, revolution and investment model of foreigncountry, through which endowment insurance fund in our country can realize a betterdevelop.At present, there three investment models of endowment insurance fund incountries of the world, which include central provident fund model presented by Singapore, investment model of indirect entering capital market presented by Chile,and investment model of direct entering capital market presented by Sweden.Although investment model of endowment insurance fund in China has experiencedthe transform from forbid entering capital market to admit entering capital market ina long time, investment model of bank deposits and buying government bonds isadopted in reality. That leads to a lower earnings comparing to other countries,which can’t achieve the goal of holding and increasing the value of endowmentinsurance fund of our country. In this way, the investment model of merging bankdeposits and investment model of entering capital market is proposed in this article,which is most suitable to China. The above investment model gives consideration toboth the investment model of indirect entering capital market and the investmentmodel of direct entering capital market. There are many chance of investmentoperations brought by this way, it also can broaden the scope of choosing operators.There are three reasons to choose this investment model. At first, it is chose touphold the investment principles of endowment insurance fund in China. Second, itis related to the level of social planning. Third, it is chose to achieve the goal of thepersonal account’s introduced.At last of the article, specific measures on innovating investing model ofendowment insurance fund in China are mentioned as follows: set up special manageorganization, invest in the model of portfolios form, invest on bulk commodity,choose international investment, and develop the investment way of Infrastructureand real estate.