Mirae Asset Securities announced on the 22nd that individual retirement pension reserves (DC, IRP) increased by 4 trillion KRW this year alone, marking the highest reserve increase for three consecutive quarters and leading all industries.
The background of the highest reserve increase for three consecutive quarters appears to be largely due to the provision of excellent and diverse pension products that allow customers to easily and conveniently invest their pension assets as an "investing pension," as well as matching performance-based products suited to subscribers' preferences. In fact, Mirae Asset Securities also showed good performance in terms of returns. Over the past year (as of the end of Q3 2024), the non-guaranteed principal products’ returns ranked 2nd in the securities industry for DC type (13.77%) and 3rd in the securities industry for IRP (13.68%). (As of the end of 2023, the 5-year average annual return ranked 1st in the securities industry for DC non-guaranteed principal products at 5.2%, and 4th for IRP non-guaranteed principal products at 5.1%)
With the full implementation of the physical transfer of retirement pensions starting in October, Mirae Asset Securities expects the growth of individual retirement pensions to accelerate further. As an investing pension, it offers various products and services aligned with global asset management trends through its global network, along with global asset allocation, stable returns, and specialized digital pension asset management services, which are unique strengths of Mirae Asset Securities.
The MP subscription and robo-advisor services, differentiated pension portfolio services from other companies, are digital services that allow subscribers who find investing difficult to conveniently manage global asset allocation portfolios. As of Q3 2024, these services have recorded reserves of approximately 2.6 trillion KRW.
Additionally, through the official YouTube channel "Smart Money," Mirae Asset Securities provides diverse and useful pension content necessary for pension management and retirement preparation, such as effective investment methods and the necessity of global asset allocation.
Choi Jong-jin, Head of the Pension Division at Mirae Asset Securities, said, "Mirae Asset Securities is focusing the company’s capabilities on the pension business, approaching 40 trillion KRW in pension reserves, and the implementation of the physical transfer system will further accelerate the money move toward investing pensions. We will do our best to support subscribers’ global asset allocation and build a convenient digital environment for the retirement of pension subscribers."
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