Finance
Hana Bank prepares for fund-based retirement pensions, benchmarks Australia and UK markets
As discussions gain pace on introducing fund-based retirement pensions, Hana Bank is preparing for possible changes by benchmarking pension market practices in Australia and the UK. The bank said it visited retirement pension funds and asset managers in the two countries to review governance, asset management and member administration systems. It is sharing the findings within Hana Financial Group and considering how to apply them to Korea’s system.
