Mirae Asset Securities Attracts 1.8 Trillion KRW in Retirement Pensions in H1... Ranked No.1 in Full-Time Sector

Retirement Pension Reserves Increased by KRW 1.8476 Trillion in First Half of This Year... Account for 23% of Total Market Increase of KRW 8 Trillion
Top 1 Among 10 Largest Retirement Pension Fund Managers in 1-Year Returns as of Q2 2021
Strengthening Customized Customer Service Differentiation Through Clear On-Off Management System Separation

[Asia Economy Reporter Song Hwajeong] Mirae Asset Securities announced on the 26th that it ranked first in the increase amount of retirement pension reserves among all retirement pension providers in the first half of this year.

Mirae Asset Securities' retirement pension reserves increased by 1.8476 trillion KRW in the first half of this year alone, accounting for 23% of the total market increase of 8.0465 trillion KRW.

In particular, the increase was remarkable in the defined contribution (DC) and individual retirement pension (IRP), which are personal pension types. DC increased by 852.9 billion KRW, and IRP increased by 1.1194 trillion KRW, with the combined reserves of DC and IRP rising by nearly 2 trillion KRW in the first half.

Additionally, Mirae Asset Securities ranked first in both DC and IRP yields among the top 10 providers by reserves in the one-year public yield rate as of the end of the second quarter recently announced. With annual yields of 11.39% for DC and 10.61% for IRP, both exceeded 10%, achieving first place in DC and IRP yields for five consecutive quarters.

Mirae Asset Securities plans to continue strengthening the virtuous cycle structure of pension asset management through investment → achieving excellent yields → attracting customers and increasing reserves. To this end, it will clearly distinguish between online and offline customer management systems and differentiate customized services tailored to customer needs. The direct IRP, where customers manage their reserves themselves, will operate with zero fees to eliminate cost burdens while providing basic asset management consulting and advice on pension systems and taxation through non-face-to-face (phone) consultations at the Pension Asset Management Center. Customers seeking in-depth consulting will receive professional customized asset management through branch staff. Mirae Asset Securities operates an annual pension education program for all sales staff to cultivate differentiated pension consulting capabilities.

Kim Ki-young, Head of the Pension Solutions Division at Mirae Asset Securities, said, “To meet the expectations of smart customers, we plan to offer comprehensive solutions including differentiated consulting and high-quality pension content,” adding, “We will supply competitive pension products to practice customer alliance for the true value of consumers, and by increasing long-term yields, contribute to spreading the culture of pension investment and ensuring a peaceful retirement for the public.”

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