Shinhan Investment Corp. "We Offer New Benefits Along with IRP Fee Reduction"
Event for New IRP Customers
[Asia Economy Reporter Minwoo Lee] Shinhan Financial Investment is holding an event for new customers opening Individual Retirement Pension (IRP) accounts.
Shinhan Financial Investment announced on the 30th that until the 31st of next month, new account holders who select automatic transfers of 10,000 KRW or more for 12 months will receive one Starbucks coffee coupon, those who deposit 1 million KRW will receive three Starbucks coupons, and those who deposit 3 million KRW will receive six Starbucks coupons. This is conditional on maintaining the automatic transfer and deposit amounts until September 30.
The IRP fees were also reduced in June. The basic fee rate for individual retirement pensions ranges from 0.2% (for accumulated funds exceeding 150 million KRW) to 0.25% (for accumulated funds of 150 million KRW or less). From the second year, customers can receive a 20% discount on the basic fee, and from the 11th year, a 25% discount on the basic fee. Subscribers with accumulated funds exceeding 150 million KRW who have been enrolled for more than 11 years can operate their IRP accounts at a domestic lowest fee rate of 0.15%.
A Shinhan Financial Investment representative explained, "Shinhan Financial Investment offers a 'New Retirement Pension System' that allows customers to conveniently manage their pension assets. Without installing a separate app, customers can easily check their retirement pension assets and trade financial products via mobile."
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For more details about this event, please visit the Shinhan Financial Investment website or the mobile application 'Alpha'.
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