Mirae Asset Securities Launches First Personal Pension Wrap in Securities Industry

[Asia Economy Reporter Ji Yeon-jin] Mirae Asset Securities announced on the 2nd that it will launch the first personal pension wrap in the securities industry.

The Mirae Asset Securities Personal Pension Wrap is a discretionary service where the professional management team at Mirae Asset Securities headquarters manages the subscriber's personal pension account by finding the optimal alternatives such as asset allocation and rebalancing according to market conditions.

This wrap contract analyzes market outlook through Mirae Asset Securities' global asset allocation capabilities to establish an optimal asset allocation plan, providing various types of portfolios suitable for customers' investment preferences. It also flexibly responds to market changes through regular portfolio product changes and weight adjustments, and conducts thorough post-management through continuous performance monitoring. Personal pension wrap subscribers can transparently and clearly understand management information by receiving quarterly operation status reports.

The Mirae Asset Securities Personal Pension Wrap was launched for customers who find it difficult to directly invest and manage their personal pensions and want continuous expert management with just one subscription without having to worry each time.

This wrap contract offers various types to allow portfolio selection according to the customer's investment preferences. It consists of four types based on the proportion of risky assets, allowing selection according to various situations such as age, preference, and income.

Any customer who has opened a pension account with Mirae Asset Securities can subscribe through a branch. Non-face-to-face subscription will be available from mid-June.

Choi Jong-jin, head of the Pension Division at Mirae Asset Securities, said, "According to data from the Financial Supervisory Service Pension Portal, as of the end of last year, out of 160 trillion KRW in domestic pension savings, 112 trillion KRW is managed by insurance companies in principal-guaranteed forms. As the investment culture trend of pensions is spreading recently, the personal pension wrap can be a good alternative for subscribers who want to manage through performance-based products at securities companies," adding, "We will stably manage customers' pension assets through Mirae Asset Securities' global asset allocation capabilities."

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