BOOM: CCB Pension Gets First EA License in a Decade

Posted on 02/01/2016

China’s investment management industry continues to blossom with increased assets under management. CCB Pension Management Co., the pension fund management subsidiary of China Construction Bank Corporation, received the first Enterprise Annuity license in a decade. An enterprise annuity is the Chinese equivalent of a U.S. 401k plan. In 2004, China introduced enterprise annuities. In November […]

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