KCGI Asset Management /Courtesy of KCGI Asset Management

KCGI Asset Management said on the 12th that it will hold an event to commemorate reaching 1 trillion won in net worth of its pension fund, providing prizes through a lottery for those who set up savings funds in pension accounts. The event period will last until the end of May.

During the event period, customers who set up new savings funds in their pension savings accounts will receive chicken gift icons through a lottery. If a savings fund is newly set up in a regular account, a Starbucks coffee coupon will be provided through a lottery. More details can be found on the KCGI Asset Management website.

KCGI Asset Management reported that as of the 24th of last month, the net worth of its pension funds, which combines retirement pensions and personal pensions (pension savings), surpassed 1 trillion won. Among 52 asset management companies operating pension funds, KCGI Asset Management is the 13th to achieve a net worth of 1 trillion. The net worth of personal pensions is 735 billion won, ranking 7th among all management companies.

A representative from KCGI Asset Management noted, "As interest in preparing for retirement has increased, we have recorded an average annual growth rate of about 37% in net worth of pension funds over the past four years," and added, "We are enhancing services such as providing customers with retirement preparation information."

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