Hana Bank Launches Same-Day Trading Service for Retirement Pension ETFs
Hana Bank announced on November 12 that it will launch a same-day trading service for ETFs in retirement pension accounts to make it easier for customers enrolled in its retirement pension plans to invest in exchange-traded funds (ETFs) and to improve the efficiency of managing their pension assets.
The service changes the trading process so that customers can sell ETFs held in their retirement pension accounts and use the proceeds to buy other ETFs on the same day. Previously, customers had to wait until the next trading day to reinvest in ETFs. Now they can reinvest on the same day, allowing them to adjust their portfolios quickly in response to market conditions and investment strategies.
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The service is available to customers enrolled in defined contribution (DC) plans and individual retirement pension (IRP) plans. A representative of Hana Bank's Retirement Pension Group said, "We will continue to introduce differentiated financial services and further enhance our customer-centered retirement pension asset management system."
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