Scheme Filing
 
 
 Contract Filing
 
 
 Startup of the Plan
 
 
 Selecting Further Service Providers
 
 
 The Supervision Mandate
 
 
 Evaluation
 
 
 Information Disclosure
 
 
 Questions & Answers: Customers Questions
 
 
     
   
 
 
  Selecting further Service Providers
 
 

Trustee management services include selecting the account manager, the investment manager and the custodian for the customer etc. Taiping Pension follows the selection principle of openness, fairness, justice and prudence. Criteria obeyed to during the selection process are determination, information gathering, and selection evaluation. The selection benchmark is most effectively safeguarding the safety and appreciation of fund property.

Selection Standards for an Occupational Annuity Management Institution

• Criteria for the selection standard for the account manager

Company¡¯s Advantages

Performance and Experience

Account Management System

Service Level


Reasonable Price

E.g. the total assets at the end of last year; the number of branch offices and the net profit at the end of last year.

The number of individual bank customers and occupational annuity individual accounts and the account management capability and service.

The integrity and timeliness of data processing, the upper limit of the trading volume and the actual processing volume; the safety and reliability of the program and the successful operation of data exchange with the trustee.

Integrity and efficiency of the service process; the particularity of the enterprise¡¯s different levels of hierarchy and individual account setup; convenience and reliable channel for the enquiry of account management information and the information disclosure capability. (do they really mean to GIVE information?)

Standard management fee and benefit withdrawal method for ordinary individual account, reserved account and retirement account.

 

 

 

• Criteria for the selection standard for the custodian

Company¡¯s Advantages

Performance and Experience

Custody Management System

Service Level

Reasonable Price

E.g. the total assets at the end of the previous year; the number of branch offices; and the net profit at the end of the previous year.

The fund clearing business volume for the previous year; the balance of fund custody at the end of the previous year; and the balance of occupational annuity custody assets.

The daily trading volume processed by the data center; the multilevel accounting system and the assets evaluation standard and evaluation system.

Provision of the relevant accounting statements and annuity custody reports; the efficiency of fund and data processing; and the custody service and investment supervision capability.

The charging standards for custody service, benefit collection, and fund clearing.

 

 

 
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