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Finance

Korea Post launches sign-up event for post office direct insurance

Korea Post on Aug. 3 said it will run a customer appreciation event through Sept. 30 for customers who sign up for post office direct insurance. Eligible customers are those who join designated products via the post office insurance website or the \'Itda Insurance\' app. Customers can receive up to 30,000 won in Naver Pay points if they meet conditions including paying three installments and keeping the contract in good standing.

Finance

Platform brokers step up push into 700 trillion won pension market

Toss Securities, KakaoPay Securities and Kiwoom Securities are stepping up efforts to win pension clients as they seek to reduce reliance on brokerage earnings tied to stock trading volume. Total assets in retirement pensions and pension savings reached 699.6 trillion won at end-2025, with pension savings funds rising sharply. Toss has launched a pension savings account, KakaoPay has built scale in pension savings and ISAs, and Kiwoom has entered retirement pensions with fee waivers and mobile ETF trading.

Finance

Toss Securities launches pension savings account

Toss Securities will launch a pension savings account as its first tax-saving product, it said on Thursday. Users can contribute up to 18 million won a year, with tax deductions available for up to 6 million won. Combined with an individual retirement pension plan, deductions can reach 9 million won. The deduction rate varies by income. Korean residents aged 19 and older can open the account, including those with existing pension savings accounts elsewhere.