Shinhan Securities Leads Pension Returns in Two Industry Categories

Shinhan Securities said on May 14 that it ranked first among securities firms in returns across two retirement pension categories. According to the company’s analysis of the Financial Supervisory Service’s retirement pension comparison disclosures, the one-year return for its Default Option Neutral Investment Type No. 2 stood at 17.56% as of the end of March, while the one-year return for defined contribution (DC) non-principal-guaranteed products reached 27.17%, both leading the industry. Shinhan Securities’ total retirement pension assets stood at about 8 trillion won at the end of March, rising by roughly 1 trillion won during the first quarter from January to March. The firm operates “Shinhan Premier Pathfinder,” staffed by about 100 specialists, to analyze clients’ investment profiles and provide solutions. It has also strengthened C-level pension consulting for CEOs and executives, offering advice from tax, labor and actuarial experts. Source: rss.donga.com