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Finance

Brokerages ramp up pension platforms as South Korea\'s retirement fund market tops 500 trillion won

South Korea’s retirement pension market has topped 500 trillion won, prompting brokerages to step up competition in pension platforms. Korea Investment & Securities showcased an upgraded mobile pension service and plans to expand support from contributions to payouts. Data show retirement pension reserves rose to 501.4 trillion won at end-2025, with DC and IRP accounts making up 54.3%. Firms including Kiwoom, KB, Shinhan and NH are also enhancing services.

Finance

Shinhan Bank launches same-day ETF trading for retirement pensions

Shinhan Bank has introduced a service that allows retirement pension customers to buy another exchange-traded fund on the same day they sell an ETF. The bank said the service, for defined contribution and individual retirement pension clients, improves convenience by enabling reinvestment without waiting for settlement. It also added a linked trading function and supports switching among deposits, funds, target date funds and ETFs.

Finance

Hana Bank runs tailored seminar and one-on-one consultations for retirement pension clients

Hana Bank held a tailored seminar for retirement pension clients, offering market outlooks and information on pension management and providing one-on-one consultations with specialists. The bank said the event took place on Sept. 15 at Hana Financial Group’s Myeongdong building. Topics included tax-saving strategies using retirement pensions, the national pension system, individual product management, and domestic and overseas market outlooks and investment strategies. It plans to expand customised pension management programs.