Mirae Asset Securities Surpasses 50 Trillion Won in Pension Assets

Mirae Asset Securities announced on September 1 that its pension assets have surpassed 50 trillion won.

As of August 27, Mirae Asset Securities recorded 34 trillion won in retirement pensions (14 trillion won in defined contribution, 14 trillion won in individual retirement pension, and 6 trillion won in defined benefit) and 16 trillion won in private pensions, ushering in an era of 50 trillion won in pension assets. As of the end of July, the valuation gain compared to the principal paid in was approximately 8.4 trillion won.

There are two main factors behind surpassing 50 trillion won in pension assets. First, the company has continuously pursued a portfolio strategy that diversifies investments across high-quality global assets, focusing on "customer-centric" pension asset management to enhance returns. In fact, the one-year return on individual retirement pensions (IRP) was 12.48%, ranking first across the industry (banks, securities, and insurance), and the five-year return was 5.66%, leading the securities sector. The one-year return for defined contribution (DC) pensions was also 12.17%, ranking first in the securities industry.

The second factor is the continuous inflow of customers. According to the Financial Supervisory Service's retirement pension disclosure, Mirae Asset Securities ranked first across all sectors in terms of the increase in retirement pension (DB, DC, IRP) reserves in the first half of this year. In particular, DC and IRP reserves increased by 3.4206 trillion won, accounting for about 16.4% of the total increase among all 42 retirement pension providers. Mirae Asset Securities was the only provider whose reserves increased by more than 3 trillion won during this period.

As a result, the company was selected as an excellent retirement pension provider for three consecutive years (2022, 2023, and 2024) in the evaluation conducted by the Ministry of Employment and Labor, demonstrating the stability of its system and its expertise in pension management.

Recently, the company established a dedicated task force to respond to the growing pension withdrawal market and expanded its product lineup, strengthening its asset management system to cover all life stages. In the second half of the year, Mirae Asset Securities plans to enhance customer-friendly features such as installment purchases of retirement pension exchange-traded funds (ETFs), mobile one-stop pension initiation, in-market bond trading services for retirement pensions, and an overview of tax deduction status.

Jung Hyo Young, Head of the Pension Consulting Division at Mirae Asset Securities, stated, "The 50 trillion won in pension assets is not just a number, but a reflection of the trust our customers have placed in Mirae Asset Securities," adding, "We will continue to feel the weight of responsibility for our customers' comfortable retirement and strive to reward them with strong returns."