KB Securities "Non-face-to-face Individual Customer Pension Accounts Grow Sixfold Year-on-Year"

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[Asia Economy Reporter Minwoo Lee] The number of pension accounts for non-face-to-face individual customers at KB Securities has increased sixfold compared to the previous year.

KB Securities announced on the 26th that the number of newly opened individual retirement pension (IRP) and other pension accounts through non-face-to-face channels reached 46,000 by the end of last month this year, growing more than six times compared to about 7,000 during the same period last year. As a result, the pension balance of KB Securities' individual customers also grew by 67% compared to the previous year.

They emphasized that enabling 24/7 pension account transfer applications through non-face-to-face channels was a key factor. More than 50% of individual pensions were brought in through transfers (account transfers) from other companies. Among these, accounts transferred from other industries such as banks accounted for 80%. More than 30% of IRP accounts were also brought in through transfers from other companies, with 70% of those accounts coming from other industries.

Meanwhile, individual pensions and IRPs can be subscribed to through KB Securities' nationwide branches and the mobile trading system (MTS) 'Marvel.' Principal loss may occur depending on investment results. For other product subscriptions and detailed information, please contact the nearest KB Securities branch, website, or customer center.

Choi Jaeyoung, Head of KB Securities' Pension Business Division, said, "In line with the non-face-to-face (untact) era, establishing an online infrastructure and a one-on-one non-face-to-face consultation organization for systematic pension consultations was effective in the growth of non-face-to-face accounts." He added, "We will continue to do our best to provide optimized asset management and high-quality financial services stably and conveniently for our customers' comfortable retirement."