Highest Performance Across All Sectors Including DB, DC, and IRP
DC and IRP Achieve Double-Digit Returns Over 10%
[Asia Economy Reporter Minwoo Lee] Shin Young Securities has ranked first in retirement pension returns across all financial sectors for four consecutive quarters.
Shin Young Securities announced on the 21st that as of the end of September, its one-year returns were the highest among all 43 retirement pension providers across all retirement pension categories, including Defined Benefit (DB), Defined Contribution (DC), and Individual Retirement Pension (IRP). From the fourth quarter of last year to the end of the third quarter of this year, it achieved the highest returns in all retirement pension categories and across all financial sectors for four consecutive quarters.
According to the Financial Supervisory Service's Integrated Pension Portal, as of the end of September, Shin Young Securities' one-year returns for DC and IRP were 10.85% and 12.89%, respectively. Shin Young Securities is the only provider with double-digit returns in both DC and IRP. The DB-type return was also the highest at 4.25%.
Shin Young Securities emphasized that its systematic customer management program, which includes strict product selection, diversified investment, and monitoring, was key to achieving the highest returns.
Recently, the company has been actively providing online and offline content. The book "Happy Retirement Preparation Guide," which contains pension knowledge and practical cases, has received positive feedback from customers, leading to additional copies being produced. The retirement pension guide videos posted on Shin Young Securities' YouTube channel (Shin Young Securities SEED) have also been well received by customers, the company said.
Jaekyung Lim, Director of the Pension Consulting Department at Shin Young Securities, stated, "Pensions are assets that can produce completely different results depending on whether integrated planning considering both investment and taxes is done. Based on the philosophy of value, long-term, dividends, and compound interest, we will provide customized consulting through sufficient communication with customers to offer practical help in preparing for retirement."
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