NH Investment & Securities Selected as an Excellent Retirement Pension Provider

NH Investment & Securities announced on the 31st that it has been selected as an excellent retirement pension operator by the Ministry of Employment and Labor and has surpassed 4 million cumulative uses of its mobile app (MTS) retirement pension service.

NH Investment & Securities was selected as this year’s excellent retirement pension operator by the Ministry of Employment and Labor, receiving high praise for providing mobile solution services such as Retirement Pension PICK. NH Investment & Securities offers differentiated retirement pension asset management solutions through MTS, enabling anyone to easily and conveniently manage their retirement pension assets, including integrated pension assets, pension readiness diagnosis, pension goal monitoring, Retirement Pension PICK, and pension receipt experience. Additionally, it was recognized for enhancing the returns of defined benefit retirement pensions by utilizing the asset delegated management (OCIO) platform, maintaining lower absolute fee levels compared to other companies, the scale of accumulated funds, long-term subscriptions, and its status as a social enterprise.

Starting with integrated pension assets in August last year, NH Investment & Securities sequentially opened pension readiness diagnosis and Retirement Pension PICK, and with the launch of pension receipt experience in June and pension goal monitoring in September, usage surged. As of this date, the cumulative number of service uses reached 4.03 million, gaining great popularity as the retirement pension physical transfer date approaches. Based on the service start date, it averages about 10,000 views per day, demonstrating high interest. The pension receipt experience service is the first non-face-to-face pension receipt experience service provided in the securities industry by NH Investment & Securities, allowing users to check pension assets not only in NH Investment & Securities pension accounts but also those subscribed to at other financial institutions. It recommends pension receipt methods considering tax savings and allows comparison of customized tax-saving points, expected taxes, and post-tax pension receipt amounts for each pension receipt method.

NH Investment & Securities expects the popularity of its retirement pension mobile solutions to lead to benefits from the retirement pension physical transfer. To strengthen its retirement pension competitiveness, NH Investment & Securities has also expanded its product lineup. It has secured the largest lineup in the securities industry of principal-guaranteed products such as bank fixed deposits and public offering fund products, and the lineup of exchange-traded funds (ETFs) available for real-time investment is about 727. To improve returns, carefully selected over-the-counter bonds tradable in retirement pension accounts will be offered as retirement pension exclusive bonds from the end of this month through the first half of next year. Furthermore, it is actively responding to the 'Retirement Pension Discretionary Robo-Advisor Service,' which will be introduced at the end of this year through innovative financial services.

Shim Gi-pil, Head of Retail Business Division at NH Investment & Securities, said, "We consider it a great honor to be selected as an excellent retirement pension operator by the Ministry of Employment and Labor. As the retirement pension physical transfer is implemented, retirement pension investment will become even more important. NH Investment & Securities will continue to do its best to improve retirement pension returns through strengthening retirement pension mobile solutions, expanding a competitive product lineup, and systematic customer management through the Pension Asset Management Center."