Samsung Asset Management Holds 2025 Second Half Retirement Pension Seminar

On September 3, Samsung Asset Management announced that it held the "2025 Second Half Retirement Pension Seminar" at the Westin Josun Hotel in Seoul, inviting retirement pension providers.

The seminar was organized to mark the ninth anniversary of the introduction of the Korean-style Target Date Fund (TDF), to review its performance to date, and to discuss future directions for the development of TDFs.

The event featured lectures sharing key know-how in retirement pension management. Song Inwook, Head of the Korea Fund Ratings Center, discussed "Criteria for Selecting the Right Fund in Retirement Pensions," addressing ways to improve retirement pension yields and strategies for utilizing TDF products.

Shin Jaekwang, Head of Multi-Asset Management at Samsung Asset Management, presented on "Performance and Future Directions of Samsung Korean-Style TDFs." He emphasized that TDFs automatically adjust asset allocation between stocks and bonds according to the investor's age and retirement timing (vintage). He explained that, along with the default option system, the role of TDFs is becoming increasingly important.

Executive Director Shin Jaekwang introduced, "Korean-style TDFs have developed asset allocation methods optimized for Koreans by comprehensively considering various factors such as wage levels, post-retirement consumption, and GDP." He added, "Based on nine years of TDF management know-how, we are implementing principle-based asset allocation and swiftly establishing company-wide management strategies in response to changing market conditions."

Samsung Asset Management led the domestic TDF market by introducing the first "Korean-Style Glide Path" tailored to the Korean life cycle in 2016. Since then, the company has continuously improved and diversified its product lineup, now offering a wide range of vintages from "2015" to "2060." Depending on investor preferences, both H (currency-hedged) and UH (currency-unhedged) products are broadly available. Through this, pension investors can simultaneously meet their long-term investment goals and global asset allocation needs.

Jeon Yongwoo, Head of Retirement Pension OCIO at Samsung Asset Management, stated, "Systematic management of retirement pensions is now a necessity, not a choice," adding, "We expect this seminar to serve as an important opportunity to enhance customer returns and further advance TDFs optimized for Koreans."

To strengthen investor education and communication, Samsung Asset Management also distributed materials such as the "TDF Investment Guidebook," "Default Option Balanced Fund Introduction," and the "Pension Investment Letter Cartoon."