Samsung Securities Ranks First in DC-Type Retirement Pension Returns Across All Financial Sectors in Q2

US Growth Stock ETFs and Funds See Success with Bond Expansion Strategy

Samsung Securities solidified its position as a ‘retirement pension powerhouse’ by ranking first in the 3-month returns of the Default Option products announced by the Ministry of Employment and Labor in Q1 2023 (winning two crowns in ultra-low risk and low risk categories), and also securing first place in the Q2 retirement pension principal-guarantee non-guaranteed defined contribution (DC) plan returns disclosure (Financial Supervisory Service Integrated Pension Portal).

According to the recently released Financial Supervisory Service’s retirement pension operator returns comparison disclosure, Samsung Securities’ retirement pension principal-guarantee non-guaranteed returns for the most recent one year as of the end of Q2 2023 were 8.54% for DC plans and 8.12% for Individual Retirement Pension (IRP) plans. Among all retirement pension operators including securities firms, banks, and insurance companies, Samsung Securities ranked first in DC plans and third in IRP plans.

Samsung Securities analyzed that its investment strategy, which emphasized increasing the proportion of U.S. tech, secondary battery, semiconductor-related Exchange Traded Funds (ETFs), growth stock-focused equity funds, and bonds, likely contributed positively to the retirement pension returns of its subscribers.

Managing pension subscribers is also a key factor behind the excellent retirement pension returns. Samsung Securities established a Pension Center within its Pension Headquarters to provide nationwide pension-specialized services, closely supporting pension subscribers’ asset management. Private Bankers (PBs) affiliated with the Pension Center conduct consultations targeting subscribers holding excessive cash assets to improve pension asset returns, and since its opening earlier this year, over 230 seminars have been held in the first half of the year alone.

Various digital contents also played a significant role. Samsung Securities provided diverse digital content such as card news and YouTube videos based on the needs of pension subscribers identified through analysis of consultations and seminars. This content is actively utilized by pension customers for rebalancing their pension assets.

Yoo Jeong-hwa, Executive Director of Samsung Securities’ Pension Headquarters, stated, "We are doing our best to develop differentiated services, quality products, and advanced systems to manage the important returns of retirement pensions." She added, "We will strive to be the best partner for pension subscribers."

Meanwhile, Samsung Securities is running the ‘It’s Samsung Securities DC Time Season 3 Event’ until the 31st. This event offers two coffee gifticons to customers who newly open a DC plan account at Samsung Securities. For more details, visit the Samsung Securities website or the mobile app ‘mPOP’, or contact the Family Center.

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