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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.