Mirae Asset Securities Records Top Industry Returns for DC and IRP Plans

Mirae Asset Securities announced on the 16th that its individual retirement pension (DC+IRP) reserves increased by 6 trillion KRW last year alone, marking the highest reserve growth across all financial sectors.

Yonhap News

In particular, reserves increased by 1.972 trillion KRW in the fourth quarter alone. The growth is attributed to the active movement of subscribers who prioritize returns moving to financial institutions that provide better asset management environments following the implementation of the physical transfer system.

In terms of returns, Mirae Asset Securities also led the industry. The one-year returns of principal-guarantee-free products for Defined Contribution (DC) and Individual Retirement Pension (IRP) as of the end of Q4 2024 recorded 12.17% and 12.48%, respectively, ranking first within the sector.

The reason Mirae Asset Securities was able to lead the industry in both reserves and returns lies in its strategy of enhancing long-term returns through customized products and portfolio services tailored to customer preferences, as well as leveraging the consulting capabilities of its pension organization composed of experts in various fields such as taxation, labor, and actuarial science.

Mirae Asset Securities supports customers who found it difficult to make investment decisions on their own within pension accounts by providing portfolio services such as MP subscription, robo-advisors, and personal pension wrap accounts, enabling customers to successfully manage their assets. Additionally, it is strengthening its digital platform by launching robo-advisor services, which were previously only available for retirement pension accounts, for personal pensions as well (launched on November 22, 2024).

Jung Hyo-young, Head of the Pension Consulting Division at Mirae Asset Securities, said, "With the implementation of the physical transfer system, more customers are moving to financial institutions that provide better asset management environments. We will do our best to support subscribers' global asset allocation and build a convenient digital environment."

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