Samsung Life Insurance announced on October 31 that, as of the end of the third quarter this year, its Individual Retirement Pension (IRP) products-both principal-guaranteed and non-principal-guaranteed types-recorded the highest one-year return among the top 10 retirement pension providers by accumulated assets.
According to the Financial Supervisory Service’s retirement pension provider comparison disclosure, Samsung Life Insurance’s IRP principal-guaranteed product posted a one-year return of 3.86%. The non-principal-guaranteed product saw its one-year return surge to 16.92%, up more than 10 percentage points from the previous quarter’s 6.87%. Both figures are the highest among the top 10 companies by retirement pension reserves.
During the same period, the one-year return for Samsung Life Insurance’s Defined Contribution (DC) retirement pension products also remained strong. The DC principal-guaranteed product achieved a return of 3.72%, while the non-principal-guaranteed product posted 18.01%, significantly outperforming the overall industry average, including banks and securities firms. This performance is attributed to an excellent product lineup and a customer-tailored management system, including dedicated retirement pension teams providing close support.
As retirement pensions are long-term financial products designed to prepare for life after retirement, investment strategies tailored to market conditions and consistent management are crucial. Samsung Life Insurance is striving to manage returns stably by recommending products suited to each customer’s investment profile through both online and offline expert consultations.
The company is also strengthening its product competitiveness by introducing retirement pension-exclusive funds with low management fees to enhance the benefits of long-term investment. In May, Samsung Life Insurance launched the “Value Target Date Fund (TDF)” series, which utilizes a life-cycle asset allocation program (Glide Path) tailored to domestic investors’ characteristics, enabling diversified investment in major global exchange-traded funds (ETFs) timed to customers’ retirement dates.
A Samsung Life Insurance representative stated, “In an era where youth is prolonged, we are helping customers design their second life with stable, long-term retirement pension management,” adding, “We will continue our efforts to provide differentiated products and services going forward.”
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