Korea Investment & Securities reorganizes overall pension service in mobile trading system
Quick Look
- Korea Investment & Securities announced that it has reorganized the pension service in its Mobile Trading System (MTS) to simplify complex processes and strengthen hyper-personalization functions such as customized notifications based on customer data.
- This is a measure that reflects the trend of faster retirement preparation, such as the expansion of discussions on mandatory subscription in the retirement pension market and the average age of defined contribution (DC) plan subscribers lowering from 40 in 2015 to 36 in 2025.
- The average pension receipt rate of customers also increased from 11% to 85% during the same period.
AI-generated summary
Why It Matters
In the retirement pension market, discussions on mandatory subscription are expanding, the average age of defined contribution (DC) system subscribers is decreasing, and the timing of retirement preparation is accelerating.
Korea Investment & Securities announced on the 6th that it has overall revamped pension services in its Mobile Trading System (MTS).
It features a simplification of the complex pension business process, and in particular, hyper-personalization functions have been strengthened, such as providing customized notifications based on customer data.
The company explained that this reorganization was carried out to reflect the trend of faster retirement preparation, such as the recent expansion of discussions on mandatory subscription in the retirement pension market and the lower average age of defined contribution (DC) system subscribers.
In fact, the average age of Korea Investment & Securities' new DC subscribers decreased from 40 in 2015 to 36 in 2025.
In addition, the average pension receipt rate of customers, which remained at 11% in 2015, also increased to 85% in 2025.
Choi Jong-jin, head of Korea Investment & Securities' Pension Innovation Division, said, "As the market changes structurally, pension providers also need to provide a comprehensive pension platform that covers the entire lifespan beyond simply attracting subscriptions or managing returns." He added, "Korea Investment & Securities will continue to elaborate a customized platform for customers."
Open Questions
- What is the specific goal of attracting customers through this reorganization?
- What are the specific functions and methods of use of the revamped MTS?
- How do you plan to secure a competitive advantage over other securities firms?
