Shinhan Financial Investment, IRP Fee Waiver

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 24th that it will waive all fees charged on individual IRP accounts opened through its MTS ‘Shinhan Alpha’ starting from the 25th.

Customers who open an individual IRP account non-face-to-face (signing both operation and asset management contracts) through ‘Shinhan Alpha’ will be exempt from both operation management fees and asset management fees. This will apply not only to new subscribers but also to existing mobile subscribers. Additionally, even if the account is opened through the mobile channel, customers can receive professional consultation and financial consulting services regarding asset management and product operation through branch PBs.

Meanwhile, Shinhan Financial Investment is also running the ‘Moving to IRP Event’ until the 30th of next month, which provides a moving-in bonus to customers who transfer their ISA accounts from Shinhan Financial Investment or other companies to Shinhan Financial Investment IRP accounts. Starbucks gift certificates and department store gift certificates will be provided through a lottery based on the amount transferred from ISA to IRP. Detailed information can be found on the Shinhan Financial Investment website and ‘Shinhan Alpha’.

Park Sungjin, Head of the Retirement Pension Business Division at Shinhan Financial Investment, explained, “We are waiving all individual IRP fees to reduce the actual burden on customers and help them prepare for a stable retirement. We will also offer various performance dividend products to increase customers’ IRP returns.”

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