企业年金管理主体多重身份的风险防范

Risk Prevention for the Enterprise Multiple Identities of the Main Annuity-management Body

年金业务运作中因其多重身份而存在自我投资和关联交易两方面的风险,在法律监管中有不少漏洞,购买自己或关联企业产品的标准和数量及范围没有详细规定,年金管理角色的选择标准未作详细界定,年金投资监管口径和监管期限都未予以明确,一家机构同为受托人与托管人的问题还未解决。应该健全年金业务运营细则,完善年金运作流程,强化信息披露制度,通过制度安排防范自我投资等风险。

There exist two types of risks in both self - investment and associated transaction of the annuity business due to their multiple identities, and the law has many loopholes in the supervision in that there are no detailed stipulations concerning the number and scope of buying their own products or those of the affiliated enterprises, no elaborate provisions of the choice standard of the annuity - management role, no clear affirmation of the managerial channel and time limit of annuity investment, and no ready solution to the problem of an organization both as trustee and custodian. It is quite necessary to make sound rules for annuity business operations, improve the operation of annuity process, strengthen the information disclosure system, and guard against the risk of self- investment through the institutional arrangements.