Pint Launches Retirement Pension IRP Advisory Service

Robo-advisor (RA) discretionary investment services are expanding into the Individual Retirement Pension (IRP) market.

December & Company, the operator of Fint, announced on the 3rd that it has officially launched the 'Fint IRP Advisory' service.

Fint IRP Advisory is a personalized advisory solution tailored to individual customers' life cycles for managing retirement funds and preparing for old age. While discretionary investment services for IRP are allowed only within a limit of 9 million KRW per account for algorithms that have passed the Koscom RA Testbed Center evaluation, Fint's IRP advisory service enables management of the entire IRP amount of the customer. The advantage is that it can efficiently manage the customer's entire IRP assets in connection with discretionary investment.

Fint's AI investment strategy engine, ISAAC, comprehensively analyzes individual information such as investment tendencies, asset management styles, and retirement timing to propose an optimized portfolio. It allows flexible adjustment of strategies according to market conditions, reducing the burden of managing retirement funds and old-age assets while supporting efficient asset growth.

IRP is a financial product that allows the management of retirement pensions received upon retirement and additional funds, which can be received as a pension after retirement. While the tax deduction limit for personal pension savings is up to 6 million KRW, using IRP additionally allows tax benefits up to 9 million KRW.

Fint introduced the retirement pension IRP advisory service to help customers actively manage their retirement pensions and create real value through asset growth. To celebrate the official launch of the service, Fint is also running a promotion offering rewards through a lottery for users of the IRP advisory service until the 31st.

Song In-seong, CEO of December & Company, said, "With growing interest in preparing for old age and tax deduction benefits through investment, we launched the IRP advisory service to support strategic and systematic retirement preparation and asset management."