Mirae Asset Global Investments Presents Strategies to Boost Retirement Income at Retirement Pension Seminar
Mirae Asset Global Investments held a forum to discuss long-term investment strategies to boost retirement income for plan participants and ways to respond to the introduction of fund-based retirement pension plans, in light of changes to the retirement pension system.
On October 16, Mirae Asset Global Investments said it had held the “2026 Mirae Asset Global Investments Retirement Pension Seminar” the previous day.
Held under the theme “Changes in Retirement Pensions: Shaping the Future of Investing Together,” the event examined the implications of changes to the system, including the introduction of fund-based retirement pension plans, and shared investment strategies to improve participants’ long-term investment performance and retirement income. Topics ranged from the design of fund-based retirement pension plans and asset allocation tailored to individuals’ retirement dates to the management of companies’ defined benefit (DB) plan reserves.
In the first session, Nam Jae-woo, a senior research fellow at the Korea Capital Market Institute, spoke on “Understanding Fund-Based Retirement Pension Plans and Their Implications for Financial Institutions.” He identified the redesign of decision-making authority and accountability structures as central to the fund-based system. He stressed the need to ensure effective investment independence and expertise, fiduciary responsibility that prioritizes participants’ interests, and management of conflicts of interest. He also said the investment efficiency of the existing contract-based system should be improved.
The investment strategy session that followed outlined approaches to long-term asset management using target-date funds (TDFs). It emphasized the importance of asset management that narrows return gaps arising from investment timing and trading behavior, and encourages participants to stay invested for the long term amid market volatility.
The final session introduced return-generating products and reserve management cases tailored to companies’ target returns and risk appetites. Speakers shared examples of asset allocation using public and private market products, as well as outsourced chief investment officer (OCIO) arrangements that pool the reserves of companies operating in similar business environments. They explained how these approaches can improve efficiency by increasing the scale of assets under management and help establish investment policies and portfolios that reflect the characteristics of each company. The session also stressed the need for close cooperation between asset managers and retirement pension providers across both individuals’ long-term asset management and companies’ reserve management to support these investment strategies.
Hot Picks Today
'Big Investor' NPS Has Already Cut Its Losses... Sold Department Store Stocks in Q3 Despite Strong Earnings Outlook
- "There's a Drink Like This?"... Chinese Beverage With "Korean" in Its Name Rakes in 85 Million Won in Monthly Sales
- "Female Teachers Must Wear Skirts in Class"... Outrage Erupts Over Principal's Demand: What's Happening in North Korea?
- "I Put in 10 Million Won, but Only 2 Million Won Is Left" ... 77% Plunge Leaves Retail Investors in Samsung Electronics and SK hynix Leveraged ETFs Crying Out
- "The leggings are all see-through. It's so embarrassing to look at," complaints prompt Lululemon to fire development staff.
Lee Jun-yong, vice chairman of Mirae Asset Global Investments, said, “When responding to changes in the retirement pension system, the top priority must be ensuring participants’ financial security in retirement. We will enhance investment expertise and accountability to help improve customers’ actual retirement income.” He added, “Building on global asset allocation and systematic risk management, we will work closely with retirement pension providers to offer long-term pension solutions that support individuals’ retirement planning and companies’ reserve management.”
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
