Samsung Securities announced on the 24th that the total pension balance, combining retirement pensions and personal pension savings, surpassed 22.5 trillion won.
According to Samsung Securities, the total pension balance, which was at the level of 21.3 trillion won at the end of last year, exceeded 22.5 trillion won based on the end of February this year. This reflects an increase of about 5.9%.
During the same period, the balances of defined contribution (DC) pensions, where individuals can issue direct management instructions, and individual retirement pensions (IRPs) increased by 5.1% and 9.8%, respectively.
When considering the total retirement pension balances combining defined benefit (DB) pensions, DC pensions, and IRPs, there was an increase of 5.6% during the same period, achieving the highest growth rate among securities firms with over 1 trillion won in retirement pension balances.
Samsung Securities cited user-centered pension services as the background for the rapid growth of pension balances. Samsung Securities is currently providing services such as "Direct IRP," "Three-Minute Pension," and "Pension S Stock." Additionally, Samsung Securities became the first in the industry to establish a separate pension center, operating three centers in Seoul, Suwon, and Daegu.
Lee Seong-joo, executive director of the pension division at Samsung Securities, noted, "It is important to manage retirement pensions systematically with a long-term perspective," and added, "Samsung Securities will do its best to be a reliable pension partner for customers by providing optimal pension management services."