Shinhan Bank, "Choose TDF and Get Cultural Gift Certificates"
[Asia Economy Reporter Kim Min-young] Shinhan Bank announced on the 19th that it will hold an event offering cultural gift certificates to retirement pension subscribers who choose Target Date Fund (TDF) products to welcome spring.
TDF is a fund that automatically adjusts the proportion of investment assets and safe assets according to the customer's retirement timing. It is a representative retirement pension asset management product that periodically rebalances based on the subscriber's age.
This event targets ▲ new individual retirement pension (IRP) customers ▲ existing customers holding IRP or defined contribution (DC) type retirement pensions.
Customers who newly subscribe to an IRP account with at least 300,000 KRW and register an automatic transfer of at least 100,000 KRW, and select a TDF product ratio of 70% or more, will receive a 20,000 KRW mobile cultural gift certificate. Also, customers who hold IRP or DC type but have not previously used TDF products and change 3,000,000 KRW or more of their retirement pension assets to TDF products will likewise receive a 20,000 KRW mobile cultural gift certificate. The event runs until the 30th of next month.
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A Shinhan Bank official said, “This event was held to help customers manage their pension assets in a long-term low-interest rate environment,” and added, “We will continue to strive to provide differentiated experiences to retirement pension customers through customized consulting and yield management programs.”
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