NH Investment & Securities Opens Integrated MTS for Managing Financial and Pension Assets at Once

[Asia Economy Reporter Lee Seon-ae] NH Investment & Securities announced on the 28th that it has integrated the NH Investment & Securities pension-only app into the mobile trading system (MTS) QV/NAMUH, allowing customers to manage their financial assets and pension assets within a single application (app).

The integrated app enhances customer convenience and expands the variety of available products. The system has been revamped so that customers enrolled in defined contribution (DC) retirement pensions, individual retirement pension plans (IRP), and pension savings can independently select and manage a diverse range of products.

First, for retirement pension customers, the lineup of exchange-traded fund (ETF) products has been expanded, and trading convenience has been improved to allow direct ETF trading. The types of tradable products have also been broadened to include REITs, on-exchange bonds, and foreign currency deposits. Additionally, customers can directly subscribe to principal-guaranteed products such as equity-linked bonds (ELB) through the app.

To provide asset management tailored to the investment preferences of retirement pension subscribers, a ‘Representative Product’ feature has been added. The representative product is a type of portfolio product in which DC/IRP subscribers manage multiple funds within a single “pocket,” allowing retirement pension subscribers to select a representative product that matches their investment style for investment.

Along with the pension system revamp, retirement pension fees will also be reduced. To alleviate the burden on small and medium-sized enterprises, which constitute a significant portion of subscribing companies, fees for certain segments of accumulated funds have been lowered, and the discount rate for long-term subscribing corporations has been expanded. For IRP, the discount rate for long-term subscribers has been increased, and an additional 20% discount is available when receiving pension payments.

Furthermore, from July 9, IRP account opening will be possible through the mobile securities app NAMUH, and customers who open an IRP through NAMUH will benefit from zero fees (management fees + asset management fees).

Lee Soo-seok, Executive Director of NH Investment & Securities Pension Sales Headquarters, stated, “The demand from customers wishing to invest in various products in a non-face-to-face environment continues to increase,” adding, “We expect that the improved trading process and expanded product lineup of the revamped integrated MTS will help customers achieve stable returns.”

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