On October 11th, the Retirement Financial Development White Paper (2024) jointly compiled by Industrial Bank and its subsidiary, Industrial Research Company, was officially released. The White Paper believes that China's retirement finance is expected to show a trend of "six transformations". Specifically, first, the concept of retirement finance will be further clarified. Second, retirement finance policies will promote uniformity. Third, retirement insurance products will become more diverse. Fourth, the three-pillar construction of retirement funds will be more complete. Fifth, the development of retirement finance will be integrated with the other four major areas. Sixth, smart retirement industry products will be more inclusive.