我国企业年金基金受托人直投模式研究

发布时间：2018-02-04 05:43

本文关键词： 企业年金基金投资管理受托人直投　出处：《山东大学》2015年硕士论文　论文类型：学位论文

【摘要】：企业年金是我国补充养老保险制度规范化之后的新型养老保障制度,是我国“三位一体”养老制度安排的重要内容,也是国家人力资源和社会保障部确定的“三支柱”养老保险体系的第二支柱,对于我国应对老龄化趋势、弥补养老保险缺口、提高养老保障水平具有重要意义。2004年以来,若干企业年金制度法规为国家劳动和社会保障部(现人力资源和社会保障部)所出台,其中《企业年金基金管理办法》的颁布,使企业年金运作的安全性和合规性取得了长足的进步。到2014年底,企业年金的资金积累规模达到了7688.95亿元。随着时间推移,这一数值还在不断上涨,积累速度明显加快,以往基于四个金融牌照(包括投管人、托管人、账管人以及受托人),由投资管理人分散进行企业年金基金投资的模式,已经在很多方面显露出弊端和局限性,一定程度上阻碍了企业年金基金的稳定增值和快速积累,传统的投资结构和运作模式急需优化和改善。本文通过与国外养老金保险基金投资模式的横向对比以及对我国金融机构参与针对企业年金基金投资管理的分析考证,以促进这一投资运营模式的收益性、安全性和运作效率的提升为基础,对采用受托人直投运作模式对企业年金基金投资业务的重构和优化进行了一定探索。
[Abstract]:Enterprise annuity is a new old-age security system after the standardization of supplementary old-age insurance system in our country, and it is an important content of the arrangement of "trinity" pension system in our country. It is also the second pillar of the "three pillars" old-age insurance system determined by the Ministry of Human Resources and Social Security. Since 2004, a number of occupational pension system regulations have been issued by the Ministry of Labor and Social Security (Ministry of Human Resources and Social Security). Among them, the promulgation of "measures for the Administration of Enterprise Pension Fund" has made great progress in the safety and compliance of the operation of enterprise annuity by end of 2014. The amount of money accumulated in corporate pensions has reached seven hundred and sixty-eight billion eight hundred and ninety-five million yuan. Over time, this figure has continued to rise and the accumulation rate has been significantly accelerated, previously based on four financial licences (including investment managers). Trustees, accountants and trustees, the investment manager decentralized investment model of enterprise pension funds, has shown in many aspects of the shortcomings and limitations. To some extent, it hinders the stable increment and rapid accumulation of enterprise pension fund. The traditional investment structure and operation mode need to be optimized and improved urgently. This paper analyzes the investment management of enterprise pension fund by comparing it with foreign pension insurance fund investment mode and analyzing the participation of Chinese financial institutions in enterprise pension fund investment management. Certificate. On the basis of promoting the profitability, safety and efficiency of the investment operation mode, the paper explores the reconstruction and optimization of the investment business of the enterprise pension fund by adopting the trustee direct investment operation mode.
【学位授予单位】：山东大学
【学位级别】：硕士
【学位授予年份】：2015
【分类号】：F272;F842.6

【共引文献】