Samsung Securities has risen to second place in the securities industry’s retirement pension reserve rankings, based on third-quarter disclosures by the Financial Supervisory Service.
According to the financial investment industry on October 28, Samsung Securities’ retirement pension reserves increased by 22.6%, from 15.4 trillion won at the end of last year to 18.9 trillion won as of September this year. Among all operators with reserves exceeding 1 trillion won, Samsung Securities recorded the highest growth rate.
During the same period, individual retirement pensions (DC+IRP) grew by 31%, from 11.3 trillion won to 14.8 trillion won. Notably, exchange-traded funds (ETFs) within this segment surged by 71%, from 3.4 trillion won to 5.8 trillion won.
This growth has been driven by Samsung Securities’ subscriber-focused pension services. In 2021, the company launched ‘Direct IRP,’ the first in Korea to offer free management and asset management fees for retirement pensions (with separate fund fees applicable). Samsung Securities also introduced the ‘3-Minute Pension’ service, which greatly improved convenience by allowing pension subscribers to enroll without filling out or sending documents (excluding time for providing personal information and confirming terms and conditions).
Through its mobile app, mPOP, Samsung Securities also offers easy-to-use pension investment services such as ‘Pension Stock,’ ‘Robo Advisory,’ and ‘ETF Savings.’
Additionally, Samsung Securities became the first in the industry to establish dedicated pension centers, operating three locations in Seoul, Suwon, and Daegu.
At these pension centers, experienced professionals with over 10 years of private banking experience provide specialized pension consulting services. The Samsung Securities Pension Center supports not only consultations for pension subscribers but also seminars and briefings for corporations introducing retirement pensions. Last year alone, the company held more than 200 such seminars.
Lee Sungjoo, Head of the Pension Division at Samsung Securities, stated, “It is important to manage retirement pensions systematically from a long-term perspective,” adding, “Samsung Securities will do its utmost to become a reliable pension partner for customers by providing excellent pension management services.”
Samsung Securities is running the ‘Tax Deduction Up! Benefits Up! Hurry Up! IRP Event’ until December 31 to raise awareness of IRPs and provide tangible benefits to pension customers.
IRP accounts are available to employees and business owners with income. Customers who meet the event requirements will receive a variety of prizes.
The ‘New Customer Event’ targets those who newly open an IRP account through Samsung Securities channels such as mPOP or Samsung Securities branches. All customers who open a new IRP account and complete the contract during the event period will receive a coffee coupon.
The ‘IRP Net Deposit Event’ is for customers who make net deposits into their IRP accounts during the event period. Net deposits are calculated as the total of new deposits, severance pay deposits, transfers from other pension providers, and conversions from matured ISA pensions.
Depending on the net deposit amount, customers will receive a 10,000 won gift certificate for net deposits of at least 3 million won but less than 9 million won, a 20,000 won certificate for deposits of at least 9 million won but less than 30 million won, and a 30,000 won certificate for deposits of 30 million won or more. All qualifying customers will receive the appropriate gift certificate.
Deposits made in October are eligible for the Early Bird Event, with the amount counted double when calculating gift certificate eligibility. Event rewards are scheduled to be distributed at the end of January 2026.
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