NH Investment & Securities, DC·IRP Reserves Increase by 1 Trillion Won... Positive Trend in Retirement Pension Asset Transfers

NH Investment & Securities announced on the 5th that the increase in assets under management for this year's defined contribution (DC) retirement pension and individual retirement pension (IRP) has surpassed 1 trillion KRW.

The assets under management for DC and IRP retirement pensions reached 4.1248 trillion KRW, marking a 1.023 trillion KRW increase from 3.1015 trillion KRW at the end of 2023, representing a 33% high growth rate. This follows last year's top growth rate in DC and IRP retirement pension assets (46.9% annually, among operators with over 1 trillion KRW in DC and IRP assets).

NH Investment & Securities attributes this success to strengthening its retirement pension mobile platform from the user's convenience perspective. The company provides easy and convenient access to all stages of retirement pension account opening, product investment, asset management, and pension receipt through its mobile platform (MTS). Notably, the platform offers customer-tailored retirement pension mobile solutions such as integrated pension assets, pension readiness diagnosis, Retirement Pension PICK, and pension receipt experience.

The implementation effect of the physical transfer of retirement pensions in October this year was also significant. Since last year, NH Investment & Securities has actively responded to the physical transfer by greatly expanding its corporate retirement pension base. As of the end of November, the number of DC transaction corporations with NH Investment & Securities reached 2,085, with 595 new corporate clients entering as retirement pension operators, a 40% increase compared to the end of last year. The expansion of DC transaction corporations has led to a substantial increase in subscribers choosing NH Investment & Securities for their retirement pensions.

The industry-leading diverse product lineup also stands out. Most principal-guaranteed retirement pension products and public funds can be physically transferred to NH Investment & Securities retirement pensions, and various bond products such as government bonds, local bonds, and corporate bonds can be easily and conveniently invested in via mobile. In particular, real-time investment is available in over 730 listed exchange-traded funds (ETFs), and an AI-based ETF chart analysis service is also provided.

Lee Jae-kyung, Vice President of NH Investment & Securities Retail Business Division, stated, "NH Investment & Securities offers an industry-leading retirement pension mobile platform and a diverse product lineup to make retirement pension investment easy and convenient. We will continue to lead the retirement pension market with competitive products and various customer services."

Various events for retirement pension customers are also being held. Participants in the 'Retirement Pension Travel with NH' event will receive gift certificates worth up to 30,000 KRW based on net deposits and transfer amounts of retirement pensions until January next year. Additionally, events for selecting and holding default options to improve retirement pension returns (until the 20th of this month) and investment events for retirement pension equity-linked bonds (ELB) (until January next year) are ongoing.