Winner of the Best Award in the Retirement Pension (Default Option) Category

Lee Young-chang, CEO of Shinhan Investment Corp.

Lee Young-chang, CEO of Shinhan Investment Corp.

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[Asia Economy Reporter Jang Hyowon] On the 6th, at the '2022 Asia Capital Investment Awards' held at the Korea Press Center in Seoul, Shinhan Investment Corp. received the Grand Prize in the retirement pension (default option) category.


Shinhan Investment Corp. was recognized for its contribution to helping customers prepare for retirement through leading changes in retirement pension-related systems and markets this year, as well as customer-centered diverse services and system improvements. Following the implementation of the default option system, they developed various customer-perspective content to aid customer understanding and prepared suitable products according to customer preferences. Accordingly, in the first approval announcement of the default option by the Ministry of Employment and Labor last November, all seven products were approved. Among 44 retirement pension providers, only five companies had all their products approved.


Additionally, with the normalization of non-face-to-face channels, they enhanced the convenience of existing apps and web systems and improved the outdated UI/UX. For customers seeking high-risk, high-return, they provided investment content related to improving returns and introduced a method to attract interest by visualizing retirement pension operation status data.



Lee Youngchang, CEO of Shinhan Investment Corp., stated, “By building a convenient digital ecosystem from the user’s perspective, recommending products and rebalancing reflecting market changes and characteristics of retirement pension asset management, we achieved the highest securities industry returns in all IRP principal-guaranteed and non-guaranteed sectors as of the first quarter of this year, and ranked first for three consecutive quarters in the IRP principal non-guaranteed securities industry returns,” adding, “We will continue to lead market changes and contribute to solid customer retirement preparation.”


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

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