SC Jeil Bank Launches 'Premier Age' Service Specialized for Aging Population and Low Interest Rates

Deploy Retirement Planning Experts at Key Stores to Provide Professional Consultation and Customized Asset Management Solutions

[Asia Economy Reporter Kim Hyo-jin] SC First Bank announced on the 19th that it will launch a new lifetime asset management service called ‘Premier Age,’ based on a long-term portfolio plan to respond to aging and prolonged low interest rates.

Premier Age aims to create a more brilliant ‘prime time’ even after retirement, proposing asset management solutions that enable retirees in the 100-year life era to secure stable and continuous income.

In line with the launch of the ‘Premier Age’ service supporting customers’ lifetime asset management, SC First Bank has deployed retirement planning specialists called IPMs at major branch locations and plans to expand this further. These specialists conduct detailed analyses through lifetime consultations with customers, considering age, asset size, current financial product holdings, income and expenditure patterns, and future financial goals, then design long-term portfolios suitable for retirement preparation and provide customized asset management solutions. Additionally, seminars on various lifetime management topics such as inheritance and gift planning, tax-saving strategies, and health care will be organized for Premier Age service users.

Colin Chiang, Executive Director of the Asset Management Division at SC First Bank, said, “SC First Bank’s rigorous and advanced asset management product selection and recommendation process, recently recognized by the market, will shine even more in the retirement asset management field where stability is paramount. We will continue to provide optimal portfolios to customers considering lifetime planning based on professional and systematic global asset management know-how.”

Meanwhile, SC First Bank will hold an event from today until the end of December for customers subscribing to the Premier Age monthly payment products. Eligible products and amounts include pension insurance of 200,000 KRW or more, or monthly payment funds/trusts of 10 million KRW or more. All subscribing customers will receive a premium luxury toothpaste set. Additionally, through a draw among these customers, prizes such as an iPhone 12 Pro, Shinsegae mobile gift certificates (200,000 KRW), and Starbucks gifticons will be provided.

This content was produced with the assistance of AI translation services.