Shinhan Investment Corp. Selected as an Excellent Retirement Pension Operator by the Ministry of Employment and Labor

[Asia Economy Reporter Lee Jung-yoon] Shinhan Investment Corp. announced on the 25th that it has been selected as one of the comprehensive excellent operators awarded to the top 10% of operators in the Ministry of Employment and Labor's retirement pension operator performance and capability evaluation this year.

The retirement pension operator evaluation is conducted by the Ministry of Employment and Labor targeting all domestic retirement pension operators, selecting excellent operators each year by evaluating a total of five items in the fields of fund management and system operation. The evaluation items are rate of return performance, management capability, organization and service capability, education and information provision capability, and fee efficiency.

Shinhan Investment Corp. received high evaluations for implementing various customer-friendly fee policies such as fee discounts for social economy enterprises, establishing a Retirement Pension Product Launch Subcommittee to strengthen fund product capabilities, and building human and physical systems in preparation for the mandatory implementation of the Investment Policy Statement (IPS).

Park Sung-jin, Head of the Retirement Pension Business Division at Shinhan Investment Corp., said, "We will work harder to strengthen our business capabilities to live up to the title of an excellent retirement pension operator," adding, "We will continue to strive for customers' successful retirement preparation through more meticulous rate of return management."

Meanwhile, Shinhan Investment Corp. is conducting a pre-application event until the 30th ahead of the full-scale implementation of the Retirement Pension Pre-designated Operation System (Default Option).