Mirae Asset Securities, First in Industry to Surpass 20 Trillion KRW in Retirement Pension DC and IRP

Mirae Asset Securities announced on the 18th that its defined contribution (DC) retirement pension and individual retirement pension (IRP) reserves exceeded 20 trillion won for the first time in the industry in the first half of this year.

According to the Financial Supervisory Service's Integrated Pension Portal, as of the first half of this year, Mirae Asset Securities' total reserves amounted to 26.6127 trillion won, ranking first in the industry. Additionally, the DC+IRP reserves recorded the highest increase in the previous quarter (1.1528 trillion won), accounting for 16.7% of the total increase in retirement pension reserves in the market during the first half of the year. This is the largest increase in the entire market, and Mirae Asset Securities achieved the milestone of surpassing 20 trillion won in reserves for the first time in the industry. Currently, Mirae Asset Securities holds a 39.1% market share in DC+IRP retirement pension reserves among securities firms, maintaining its number one position.

Regarding this achievement, Mirae Asset Securities explained that its differentiated pension product supply capability, which matches various performance-linked products to subscribers' preferences, greatly contributed to the increase in reserves. Mirae Asset Securities provides pension portfolio services differentiated from other companies, such as robo-advisors, MP subscriptions, and personal pension wrap accounts, with the total portfolio service balance approximately 2.5 trillion won (as of the end of May this year).

Moreover, Mirae Asset Securities leads investment culture by swiftly transmitting global asset management trends domestically through its global network. This approach is directly applied to pension asset management, resulting in active investment and management centered on performance-linked products, achieving excellent returns and demonstrating a differentiated stance from other operators.

In addition, Mirae Asset Securities offers various pension contents through its official YouTube channel, 'Smart Money.' It delivers useful information necessary for pension management and retirement preparation, including pension systems, effective investment methods, and the necessity of global asset allocation. This effort to enable easy and convenient investment of pension assets aligns with Mirae Asset Securities' slogan, "Investing Pension," and is cited as a background for the recent increase in reserves.

Choi Jong-jin, Head of the Pension Division at Mirae Asset Securities, stated, "Pensions are retirement funds for the future, and if they are left in principal-guaranteed products, asset value inevitably declines. If pension assets are recognized and utilized as investment products rather than savings, they will become solid assets capable of coping with future inflation." He added, "We will continue to provide various services that support global asset allocation investments from a long-term perspective."