Shinhan Bank Launches 'Start TDF This Spring' Event for Individual IRP Customers

[Asia Economy Reporter Yu Je-hoon] Shinhan Bank announced on the 10th that it will hold the 'Start Target Date Fund (TDF)' event for individual IRP customers until May 31. TDF is a fund that automatically adjusts the ratio of investment assets and safe assets according to the subscriber's retirement time, and is a representative retirement pension asset management product that periodically rebalances reflecting the subscriber's age.

During this period, Shinhan Bank will give a Starbucks Americano gifticon to all customers who meet the three conditions: depositing more than 1 million KRW of self-contribution into an individual IRP account, registering 70% or more of the self-contribution investment ratio in TDF, and setting up an automatic transfer of 100,000 KRW (for 1 year) or more.

Additionally, through a raffle, the bank will provide one Samsung beam projector, one Kovea Ghost Plus tent, one LG CineBeam, two Kovea Trackdome EX, two Samsung Bluetooth speakers Harman Kardon, two Kovea Alpine Master stove and cookware sets, and two 800-degree Celsius camping barbecue grills.

A Shinhan Bank official said, "TDF is a product that allows individual investors to manage pensions, which are difficult to handle, in a stable way according to their age," and added, "We hope you take this opportunity to easily start pension management through individual IRP and TDF products."

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