NH Investment & Securities Fully Implements Retirement Pension Agent System

NH Investment & Securities announced on July 1 that it will fully implement its retirement pension agent system and begin securing a large number of agents.

This move is part of the company's strategy to actively respond to the rapidly growing retirement pension market by utilizing the agent system, and to expand retirement pension enrollment among a diverse customer base.

Retirement pension agents, in accordance with the Employee Retirement Benefit Security Act, are entrusted by retirement pension providers (securities firms, banks, insurance companies) to introduce, broker, and explain retirement pension plans to corporate and individual clients. Agents also serve as the primary point of contact in the field for expanding the retirement pension system, such as relaying customer inquiries to the providers.

NH Investment & Securities plans to actively utilize the agent system as a key business channel. In particular, the company will support insurance planners and employees of independent corporate insurance agencies (GAs) in obtaining the necessary qualifications to participate in retirement pension sales. Through this, the company expects to broaden the base of retirement pension subscribers to include corporate and individual clients who have previously found it difficult to access securities firms.

Clients acquired through agents will be able to easily open retirement pension accounts via NH Investment & Securities' non-face-to-face channels and will receive a variety of customized services, including expert consultations from the Pension Asset Management Center, robo-advisor discretionary services, and comprehensive consulting from the Private Banker (PB) team for VIP clients.

Kang Minhun, Head of Digital Business at NH Investment & Securities, stated, "When retirement pension agents bring in clients, we will manage them with our competitive infrastructure and professional services," adding, "NH Investment & Securities promises the best treatment and support in the industry for retirement pension agents."