"Retirement Pension Investments Go AI" Shinhan Investment Corp. Launches "Shinhan SOL Robo Pension"

On August 31, Shinhan Investment Corp. announced the launch of “Shinhan SOL Robo Pension,” an AI-based robo-advisor automated investment service for individual retirement pension (IRP) customers.

Shinhan SOL Robo Pension is a retirement pension asset management service that automatically handles ETF asset allocation, stock selection, and rebalancing based on the customer's selected investment profile, all powered by AI. Customers can select one of three investment profiles: aggressive, risk-neutral, or stability-seeking, and use the service accordingly.

Shinhan Investment Corp. applied its proprietary AI quantitative model for customer asset management. This model determines the allocation ratios between stocks, bonds, and alternative assets, as well as which ETFs to include, all based on market data. It is uniquely designed to incorporate market environment changes through regular AI learning.

The service invests only in domestic ETFs that are eligible for inclusion in IRP accounts. Regular portfolio rebalancing takes place each month, and if market volatility increases, additional rebalancing is conducted to adjust the portfolio accordingly.

Before the beginning of the pension payout, IRP customers can use the service starting from a minimum of 1 million won. The automated investment limit increases by 9 million won per contract year, based on the initial application date. Any unused limit can be rolled over to the following year. Shinhan Investment Corp. explained that this allows customers to manage their pension assets according to their investment plans, within the accumulated investment limit.

This is the first robo-advisor-based pension investment service launched by Shinhan Investment Corp. for customers. Prior to the launch, since December 2023, the company has been verifying the service's performance by running the same strategy nonstop on the Koscom Robo-Advisor Testbed. As of the latest disclosure on the Koscom Testbed (August 24), the cumulative returns were 66.85% for the aggressive profile, 45.57% for the risk-neutral profile, and 24.63% for the stability-seeking profile. However, these returns reflect the testbed's operational results.

Park Sehyun, Head of the Pension Business Division at Shinhan Investment Corp., stated, “Since retirement pensions require long-term asset management and risk control, we designed this service to help customers access more convenient and professional asset allocation solutions. We will continue to expand digital pension services to support the management of customers’ retirement assets.”

Meanwhile, Shinhan Investment Corp. is hosting an event to commemorate the launch of the service. Customers who apply for the automated investment robo-advisor service for retirement pensions during the event period will be eligible for a prize draw. Details regarding the event period and prizes can be found on the Shinhan Investment Corp. website and the Shinhan SOL Securities App.

This content was produced with the assistance of AI translation services.