Abstract: Aging of population is an important sign of social modernization. It promotes the increasing demand for pension services and stimulates the rapid development of pension service industry. The current supervision mechanism of pension service in Guangzhou is inconsistent with the current development of the pension service industry, and there is a lack of effective cooperation in the implementation of supervision, such as a low degree of law-based supervision, weak supervision function, lack of self-discipline in the industry, and ineffective coordination of the competent authorities. In order to promote the sustainable and healthy development of pension service industry in Guangzhou, it is necessary to focus on solving the problem of “disorder within the organization”, build a comprehensive and multi-level supervision mechanism of pension service industry, and form an organic and unified supervision mechanism of government-led, with social participation and industry self-discipline, so as to effectively promote the construction of modern pension service system.

Key words: aging of population, pension service industry, supervision mechanism