Wednesday, April 12, 2017

Shinhan Investment, DB-type pension returns in 2016 1 "2.1%"



[Korea goyounghun financial newspaper reporter] Shinhan investment and pension returns recorded in 2016 (DB type) of 2.1% over the securities industry olratdago 1 said 12 days.

Shinhan Investment Corp. is a defined benefit (DB) retirement pension returns in operation in 2016, according to the Korea Financial Investment Association published data, this was disclosed by 2.1%. This is the highest rate of return of more than 100 billion won in the securities industry pension funds business. Non-guaranteed principal and interest of DB plans is 2.44%, guaranteed principal and interest showed a 2.09% yield. Principal guaranteed rate of return over the same period private retirement pensions (IRP) also represents a 2.04%, recorded the highest rate of return on the securities industry.

Latest from 2010 to Shinhan Investment in pension cumulative return seven years in 2016 is not too bad. The DB plans yield seven years and ranked first with 4.49% (non-guaranteed principal and interest), it was also excellent long-term returns.

Shinhan Investment has increased the operational funds of 386.9 billion won during the last year. This is a high rate of 35%, and raised the accumulated balance at once to 1.5 trillion level.

Shinhan Investment Tak Seongho pension plan manager said "further advisory products of innovative rebalancing pension fund development and provide" results on trying to vary and supply competitive products, including IB and linked structured products for yield enhancement of retirement pension. " and the various attempts also for yield management and improvement of DC subscribers, "he explained.



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