Shinyoung Securities "Set Default Option for Retirement Pension and Include Donations"

Shinyoung Securities announced on the 20th that it will hold the ‘Shinyoung Good Default Option for Retirement Pension (Pre-Designated Operation System)’ event until the end of May.

The retirement pension default option is a system where if an employee does not choose an investment product themselves, the accumulated funds are automatically managed according to a pre-determined operation method.

Customers who subscribe to Shinyoung Securities’ retirement pension Individual Retirement Pension (IRP) or Defined Contribution (DC) plans can select their default option type, and Shinyoung Securities and Shinyoung Asset Management will donate 10,000 KRW per customer to disaster relief activities in Turkey and Syria. The donations will be delivered through the Korea Food for the Hungry International.

Shinyoung Securities retirement pension customers can designate a default option that matches their risk style by accessing the mobile trading system (MTS) ‘Shinyoung Securities Green’ or by visiting a branch. Shinyoung Securities offers a total of seven default options, including ultra-low risk, low risk, medium risk, and high risk.

Kim Dae-il, Head of WM Division at Shinyoung Securities, said, "We expect a ‘two birds with one stone’ effect by encouraging the designation of default options that can improve retirement pension investment performance while helping neighbors in need." He added, "We will continue to practice ESG (Environmental, Social, Governance) management that shares happiness with customers through differentiated events."

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