Taiwan FSC Pushes All-Age Finance as Experts Seek Trust Reforms
Taiwan’s rapid aging is increasing pressure on its financial system to better support retirement planning, long-term care payments and asset protection for people who may lose the ability to manage their affairs. Financial Supervisory Commission Chairman Peng Jin-lung has proposed an “all-age finance” policy, calling for financial services to shift from passive product sales toward actively safeguarding consumers’ financial security throughout different stages of life.
The latest policy discussion centers on gaps between insurance, trust arrangements and elderly-care services. Experts have urged legal changes allowing insurers to operate trust businesses, which could combine policies, asset management and care-related disbursements. They also proposed a three-party co-management structure involving financial institutions, care providers, and beneficiaries or their representatives. Authorities have not announced a legislative timetable, monetary eligibility thresholds or a formal implementation date.
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The history behind this eventTaiwan FSC Pushes People-Centered Trusts in All-Age Finance Drive
Taiwan entered the commonly defined “super-aged” category in 2025, with people aged 65 and older accounting for at least 20% of the population. The shift is increasing demand for retirement funding, healthcare support and estate planning, putting trust services at the center of the financial sector’s response. The Financial Supervisory Commission says trusts should move beyond product distribution and combine asset management with support for customers’ needs throughout their lives.
FSC Chairman Jin-Lung Peng has called for “all-age finance,” saying trust businesses must shift from a product-centered model to a people-centered one and serve customers across different ages and life stages. The regulator said it will continue implementing its strategic blueprint for trust business development, steering banks and trust providers toward services built around customers’ actual needs. The initiative aims to strengthen the financial sector’s role in supporting citizens and addressing social challenges as Taiwan’s population ages.
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