Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction

Dong Siwei

doi:doi:10.11648/j.ijefm.20221002.15

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Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction

Dong Siwei

Published in International Journal of Economics, Finance and Management Sciences (Volume 10, Issue 2)

Received: 26 April 2022 Published: 28 April 2022

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Abstract

In July 2020, the People's Bank of China announced that the transition period of the new rules on capital management would be extended to the end of 2021, so there would be no so-called capital protection and interest protection financial products, and large banks would not be able to use the cost valuation method to evaluate financial products, resulting in continued decline in earnings and principal loss. Secondly, asset transparency is in full swing. On March 10, 2021, in the third session of the fourth Session of the 13th CPPCC National Committee, the committee members' Passage proposed that "the continuity and sustainability of macro policies should be maintained in 2021, and no sharp turn should be made". Since the outbreak, China's monetary policy has been lowering interest rates. The reduction of interest rate directly affects the interest income of people's bank financial management. The future trend of interest rates will directly affect the wealth management of families. In the face of the risks of wealth management, how to maintain and appreciate the existing assets? In the face of the downward interest rate, asset transparency and the reform of the tax system, this paper puts forward wealth management countermeasures for families under this background, and provides guarantee strategies for wealth management, such as the health of the elderly, the marriage of children and the inheritance of wealth.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 10, Issue 2)
DOI	10.11648/j.ijefm.20221002.15
Page(s)	73-82
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Lowering Interest Rates, Wealth Management Risks, Preventive Measures

References

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[2]	Wu Hui. The reduction of CD interest rate [J]. Wealth Management, 2020 (08): 48-49.
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[4]	Deng An ran. Interest rate policy to the influence of insurance asset allocation method [D]. Shandong university of finance and economics, 2021.
[5]	Yang Fan. How to allocate household assets in the downward market interest rate? [N]. Wenzhou Daily, 2021.
[6]	Xu Peitong. Interest rate decline, longevity risk and commercial pension risk assessment [J]. Shanghai Insurance, 2021 (08): 43-47.
[7]	Chen Jin, Xie Yunbo. Trust product allocation under the downward interest rate cycle [J]. China Foreign Exchange, 2020 (12): 65-67.
[8]	MAO Danfei. The wealth planning code of entrepreneurs [J]. Modern Commercial Bank, 2021 (22): 76-77.
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Dong Siwei. (2022). Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction. International Journal of Economics, Finance and Management Sciences, 10(2), 73-82. https://doi.org/10.11648/j.ijefm.20221002.15

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ACS Style

Dong Siwei. Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction. Int. J. Econ. Finance Manag. Sci. 2022, 10(2), 73-82. doi: 10.11648/j.ijefm.20221002.15

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AMA Style

Dong Siwei. Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction. Int J Econ Finance Manag Sci. 2022;10(2):73-82. doi: 10.11648/j.ijefm.20221002.15

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@article{10.11648/j.ijefm.20221002.15,
  author = {Dong Siwei},
  title = {Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {10},
  number = {2},
  pages = {73-82},
  doi = {10.11648/j.ijefm.20221002.15},
  url = {https://doi.org/10.11648/j.ijefm.20221002.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20221002.15},
  abstract = {In July 2020, the People's Bank of China announced that the transition period of the new rules on capital management would be extended to the end of 2021, so there would be no so-called capital protection and interest protection financial products, and large banks would not be able to use the cost valuation method to evaluate financial products, resulting in continued decline in earnings and principal loss. Secondly, asset transparency is in full swing. On March 10, 2021, in the third session of the fourth Session of the 13th CPPCC National Committee, the committee members' Passage proposed that "the continuity and sustainability of macro policies should be maintained in 2021, and no sharp turn should be made". Since the outbreak, China's monetary policy has been lowering interest rates. The reduction of interest rate directly affects the interest income of people's bank financial management. The future trend of interest rates will directly affect the wealth management of families. In the face of the risks of wealth management, how to maintain and appreciate the existing assets? In the face of the downward interest rate, asset transparency and the reform of the tax system, this paper puts forward wealth management countermeasures for families under this background, and provides guarantee strategies for wealth management, such as the health of the elderly, the marriage of children and the inheritance of wealth.},
 year = {2022}
}

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TY  - JOUR
T1  - Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction
AU  - Dong Siwei
Y1  - 2022/04/28
PY  - 2022
N1  - https://doi.org/10.11648/j.ijefm.20221002.15
DO  - 10.11648/j.ijefm.20221002.15
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 73
EP  - 82
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20221002.15
AB  - In July 2020, the People's Bank of China announced that the transition period of the new rules on capital management would be extended to the end of 2021, so there would be no so-called capital protection and interest protection financial products, and large banks would not be able to use the cost valuation method to evaluate financial products, resulting in continued decline in earnings and principal loss. Secondly, asset transparency is in full swing. On March 10, 2021, in the third session of the fourth Session of the 13th CPPCC National Committee, the committee members' Passage proposed that "the continuity and sustainability of macro policies should be maintained in 2021, and no sharp turn should be made". Since the outbreak, China's monetary policy has been lowering interest rates. The reduction of interest rate directly affects the interest income of people's bank financial management. The future trend of interest rates will directly affect the wealth management of families. In the face of the risks of wealth management, how to maintain and appreciate the existing assets? In the face of the downward interest rate, asset transparency and the reform of the tax system, this paper puts forward wealth management countermeasures for families under this background, and provides guarantee strategies for wealth management, such as the health of the elderly, the marriage of children and the inheritance of wealth.
VL  - 10
IS  - 2
ER  -

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Author Information

Dong Siwei

School of Accounting, Shandong Business and Technology University, Yantai, China

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APA Style

Dong Siwei. (2022). Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction. International Journal of Economics, Finance and Management Sciences, 10(2), 73-82. https://doi.org/10.11648/j.ijefm.20221002.15

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ACS Style

Dong Siwei. Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction. Int. J. Econ. Finance Manag. Sci. 2022, 10(2), 73-82. doi: 10.11648/j.ijefm.20221002.15

Copy | Download

AMA Style

Dong Siwei. Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction. Int J Econ Finance Manag Sci. 2022;10(2):73-82. doi: 10.11648/j.ijefm.20221002.15

Copy | Download

@article{10.11648/j.ijefm.20221002.15,
  author = {Dong Siwei},
  title = {Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {10},
  number = {2},
  pages = {73-82},
  doi = {10.11648/j.ijefm.20221002.15},
  url = {https://doi.org/10.11648/j.ijefm.20221002.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20221002.15},
  abstract = {In July 2020, the People's Bank of China announced that the transition period of the new rules on capital management would be extended to the end of 2021, so there would be no so-called capital protection and interest protection financial products, and large banks would not be able to use the cost valuation method to evaluate financial products, resulting in continued decline in earnings and principal loss. Secondly, asset transparency is in full swing. On March 10, 2021, in the third session of the fourth Session of the 13th CPPCC National Committee, the committee members' Passage proposed that "the continuity and sustainability of macro policies should be maintained in 2021, and no sharp turn should be made". Since the outbreak, China's monetary policy has been lowering interest rates. The reduction of interest rate directly affects the interest income of people's bank financial management. The future trend of interest rates will directly affect the wealth management of families. In the face of the risks of wealth management, how to maintain and appreciate the existing assets? In the face of the downward interest rate, asset transparency and the reform of the tax system, this paper puts forward wealth management countermeasures for families under this background, and provides guarantee strategies for wealth management, such as the health of the elderly, the marriage of children and the inheritance of wealth.},
 year = {2022}
}

Copy | Download

TY  - JOUR
T1  - Research on Household Wealth Management Risk Identification and Countermeasures Under the Background of Interest Rate Reduction
AU  - Dong Siwei
Y1  - 2022/04/28
PY  - 2022
N1  - https://doi.org/10.11648/j.ijefm.20221002.15
DO  - 10.11648/j.ijefm.20221002.15
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 73
EP  - 82
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20221002.15
AB  - In July 2020, the People's Bank of China announced that the transition period of the new rules on capital management would be extended to the end of 2021, so there would be no so-called capital protection and interest protection financial products, and large banks would not be able to use the cost valuation method to evaluate financial products, resulting in continued decline in earnings and principal loss. Secondly, asset transparency is in full swing. On March 10, 2021, in the third session of the fourth Session of the 13th CPPCC National Committee, the committee members' Passage proposed that "the continuity and sustainability of macro policies should be maintained in 2021, and no sharp turn should be made". Since the outbreak, China's monetary policy has been lowering interest rates. The reduction of interest rate directly affects the interest income of people's bank financial management. The future trend of interest rates will directly affect the wealth management of families. In the face of the risks of wealth management, how to maintain and appreciate the existing assets? In the face of the downward interest rate, asset transparency and the reform of the tax system, this paper puts forward wealth management countermeasures for families under this background, and provides guarantee strategies for wealth management, such as the health of the elderly, the marriage of children and the inheritance of wealth.
VL  - 10
IS  - 2
ER  -

Copy | Download