Yonhap Infomax NewsDec 16
South Korea’s retirement pension market saw the share of defined benefit (DB) plans fall below 50% for the first time, as individual retirement pensions and defined contribution (DC) plans posted record growth, signaling a structural shift from corporate to retail-focused pension products.
#YonhapInfomax #RetirementPension #DefinedBenefit #DefinedContribution #IndividualRetirementPension #AssetGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95668
Proportion of Defined Benefit Retirement Pensions Falls Below 50% for First Time—Rise of the Retail Pension Era

South Korea’s retirement pension market saw the share of defined benefit (DB) plans fall below 50% for the first time, as individual retirement pensions and defined contribution (DC) plans posted record growth, signaling a structural shift from corporate to retail-focused pension products.

Yonhap Infomax
Yonhap Infomax NewsDec 15
South Korea’s retirement pension assets surpassed 400 trillion won for the first time, driven by increased adoption of stable pension plans, while early withdrawals—mostly for home purchases—also rose.
#YonhapInfomax #RetirementPension #NationalDataOffice #DefinedBenefit #EarlyWithdrawals #IRPAssets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95512
Retirement Pension Assets Surpass 400 Trillion Won—Up 49 Trillion Won in a Year as DB Plans Decline and DC Plans Rise

South Korea’s retirement pension assets surpassed 400 trillion won for the first time, driven by increased adoption of stable pension plans, while early withdrawals—mostly for home purchases—also rose.

Yonhap Infomax
Yonhap Infomax NewsNov 13
Kyobo Life Insurance Co. led South Korea’s retirement pension market in Q3, posting a 10.27% one-year return for non-principal-protected DB products, the highest among major providers, and maintaining strong performance through differentiated investment strategies.
#YonhapInfomax #KyoboLifeInsurance #RetirementPension #DefinedBenefit #InvestmentReturns #AssetManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90580
Kyobo Life Tops Q3 Returns for Non-Principal-Protected DB Retirement Pension Products

Kyobo Life Insurance Co. led South Korea’s retirement pension market in Q3, posting a 10.27% one-year return for non-principal-protected DB products, the highest among major providers, and maintaining strong performance through differentiated investment strategies.

Yonhap Infomax
KSev 🇳🇴🌻🚲Apr 21, 2025

“Pensions are bad. Social Security is bad. Everyone should put their savings into the stock market!”

It has always been a grift.
Goodbye, retirement.

#definedBenefit
#definedContribution
#savings

Show threadDonald RoyJan 8, 2025

@ChrisMayLA6

It will clearly make the discussions within government in the run up to the forthcoming #comprehensivespendingreview - due to be finished by June - rather more fraught. However it will also do wonders for the finances of any surviving #definedbenefit pension schemes by im proving the return on low risk investments!

Emeritus Prof Christopher MayMar 10, 2023

For those of you with an eye on the #stockmarket (and #pensions issues), here's an interesting link between them

One of the difficulties the London stock market has is the lack of UK #investors looking to invest in UK shares... at least partly this shift seems to have been driven by firms with #definedbenefit pension funds, looking to sell shares (& not invest in new offerings) to buy bonds to lock in yields, so as to then transfer (sell) their pension liabilities to other institutions!