Business · Companies · 2 hrs ago

Mirae Asset seminar examines South Korea retirement pension strategies

Mirae Asset seminar examines South Korea retirement pension strategies

Mirae Asset Asset Management held a retirement pension seminar in South Korea on October 15.

The event examined changes to the country’s fund-based retirement pension system and ways to manage pension assets.

A researcher from the Korea Capital Market Institute said the system should emphasize independent, expert management and putting members’ interests first.

Speakers also discussed using target-date funds to support long-term investing through market ups and downs.

For companies, they presented defined-benefit pension investment strategies tailored to each company’s return goals and risk tolerance.

They also shared examples of asset allocation using public and private investment products, and of hiring outside managers.

Mirae Asset’s vice chairman said the priority in adapting to pension changes should be members’ financial security in retirement.

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What people are saying

Lee Jun-yongMirae Asset Global Investments vice chairman
When responding to changes in the retirement pension system, the most important value is members’ stable retirement.
via Yonhap
We will contribute to improving customers’ actual retirement income by raising investment expertise and responsibility.
via Yonhap