Shinhan Bank will begin selling retail government bonds through defined contribution (DC) and individual retirement pension (IRP) accounts. The bank said it will offer 10-year and 20-year bonds to retirement pension customers from Sept. 9. Customers can subscribe using existing retirement pension accounts via Shinhan Super SOL or branches. The first subscription period runs Sept. 9 to 15. The minimum subscription is 100,000 won in 100,000-won increments.

Hana Bank is rolling out a dedicated consulting service for corporate CEOs and executives that links retirement pensions with tax advice and post-retirement asset management. The bank said the tailored, comprehensive solution reflects demand from wealthy clients seeking guidance on retirement-time taxes, use of management performance bonuses and wealth planning after retirement. It will also provide executive severance tax planning, pension operation and payout advice, and corporate retirement pension consulting, including English proposals for foreign executives.