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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] South Korea’s Ministry of Employment and Labor has selected Mirae Asset Securities, Samsung Securities, Korea Investment & Securities, and NH Investment & Securities as the top-performing retirement pension operators in its 2024 national assessment. The review covered 41 firms managing a combined KRW 431 trillion in pension assets.
The annual evaluation—now in its seventh year—assesses firms on investment performance, product management, fee structure, and service quality.
Mirae Asset was recognized for its structured default option oversight, Samsung Securities for strengthening digital and actuarial controls, Korea Investment & Securities for boosting actuarial reliability, and NH Investment & Securities for enhancing advisory support and payout-stage services.
Sector-specific winners included Hana Bank (banking), Samsung Life Insurance (insurance), and NH Investment & Securities (securities).
Labor Minister Kim Young-hoon stated that the evaluation system helps reinforce trust in the pension framework and encourages stronger, subscriber-focused asset management.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
