'Shinhan Bank Pension Care' Launched... "Systematic Management of Retirement Pension"
Mobile Service Launch by Late April
Portfolio Recommendations Through AI Analysis
Shinhan Bank will launch ‘Shinhan Bank Pension Care,’ a specialized retirement pension management service, at the end of this month.
On the 14th, Shinhan Bank announced that it plans to offer this service on mobile starting at the end of this month, marking the first anniversary of the establishment of the ‘Retirement Pension Customer Management Center.’
‘Shinhan Bank Pension Care’ is the first in the banking sector to apply a goal-based investment engine specialized for retirement pensions, providing services such as ▲setting return targets ▲customized product portfolios ▲asset health and investment guidance. It also helps customers achieve their retirement pension management target amounts and target returns through professional aftercare.
To this end, the service has been significantly improved. While previously the same product portfolio was recommended based on customer investment tendencies, Shinhan Bank Pension Care provides a refined portfolio through artificial intelligence (AI) analysis and prediction based on more than 500 variables. Additionally, in the ‘My Pension Story’ menu, customers can check their history and asset status after subscribing to retirement pension products and receive portfolio recommendations.
Shinhan Bank’s ‘Retirement Pension Customer Management Center’ was established in March last year to provide professional customer management in response to market changes such as the development of defined contribution (DC) and individual retirement pension (IRP) products, where subscribers manage assets themselves, and the implementation of the default option (pre-designated operation system).
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A Shinhan Bank official said, “The consultation service by professionally trained staff is a major competitive advantage of the Retirement Pension Customer Management Center,” adding, “Through the Shinhan Bank Pension Care service, more customers will be able to receive professional and systematic asset management services on mobile.”
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