Search results for pension
AI & Enterprise
LG AI Research to work with National Pension Service on fund management AI
LG AI Research and the National Pension Service said on Thursday they signed a memorandum of understanding in Seoul to jointly develop AI aimed at improving the efficiency of pension fund management. The partners plan to build AI services tailored to fund management by combining LG AI Research\'s AI technology with the pension fund\'s investment expertise. Their first project will develop an AI-based foreign exchange analysis service, and they plan to expand AI applications in fund operations over the longer term.
Fintech
Woori Bank, Woori Card and National Pension Service to support property management for people with dementia and developmental disabilities
Woori Bank and Woori Card will work with South Korea\'s National Pension Service to support a property management assistance service for users who have difficulty managing their own assets, including older people with dementia and people with developmental disabilities. Woori Bank said on Sept. 10 it signed a business agreement with Woori Card and the National Pension Service at the pension agency\'s Gangnam building in Seoul. Under the agreement, the bank will manage trust funds and offer dedicated products and preferential benefits, while Woori Card will link public trusts with card payments.
Crypto
Bitcoin in retirement savings should not exceed 5 percent, experts recommend
Experts say bitcoin may be viewed as a long-term investment but should take only a small share of retirement assets because volatility and the risk of losses at withdrawal matter most. Industry sentiment is leaning toward limited allocations rather than making bitcoin a core holding. Some firms suggest 1 to 2 percent or 2 to 5 percent, while advisers recommend keeping crypto below 5 percent. Institutions also tend to invest indirectly via regulated spot ETFs or crypto-related companies.
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Finance
Hana Bank to sell retail treasury bonds through DC and IRP accounts, launches 10- and 20-year tenors
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People & Appointments
iM Financial, FSS Daegu-Gyeongbuk office to provide financial education for 100 young people
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Finance
Shinhan Bank to sell retail government bonds via DC and IRP, subscriptions start Sept. 9
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Finance
Finance network separation rules eased, fueling 140 trillion won fintech investment
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Finance
Hana Bank prepares for fund-based retirement pensions, benchmarks Australia and UK markets
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Finance
Habit Factory joins SKT \'Everyone\'s AI\' to develop finance AI agent
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Finance
KB Kookmin Bank holds prize event for in-kind transfers of personal IRP
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Finance
Hana Bank launches C-level pension consulting linking severance, tax and wealth management
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Finance
NH NongHyup Financial launches \'NH Financial Hub\' in North Jeolla to support affiliates\' comprehensive finance
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Finance
Hana Bank to sell first guaranteed performance-linked insurance in Korean banking sector
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Finance
Woori Bank launches budget mobile plans linked to financial transactions
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Games & Commerce
Kakao union formalises opposition to spin-off, seeks joint bargaining
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Finance
Race to pre-empt won stablecoin as third financial hub nears
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Finance
Retirement pension in-kind transfers reach 15.9 trillion won, 5.2 trillion won shifts from banks to securities firms
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Crypto
Ethereum surge ends 23-win streak for high-leverage short trader with $49 million loss