Mirae Asset Life, Launches IRP Guaranteed Performance Dividend Insurance

[Financial News] Mirae Asset Life announced on the 29th that it has launched 'Guaranteed Performance Dividend Insurance', a retirement pension that simultaneously pursues the stability and profitability of retirement assets, for the first time in the industry. Along with the product launch, contracts were also signed to enter the market in earnest.
Mirae Asset Life's individual retirement pension (IRP) guaranteed performance dividend insurance guarantees fixed payments for 240 months (20 years) based on the principal amount paid if customers over 50 subscribe through an IRP account.
Mirae Asset Life's representative discretionary asset allocation fund 'MVP Fund' is designed to be actively utilized until the pension receipt period, allowing the pursuit of profitability in asset management through a global diversified investment strategy. If there are remaining funds in the fund from profits generated over 240 months, the pension amount will continue to be paid until the funds are exhausted.
Therefore, Mirae Asset Life reported that it has become the first domestic subscription case through consulting for the product as a 'bridge pension' (a pension designed to cover the income gap until the receipt of public pension after retirement) for customers expected to receive the national pension after retirement.
Mirae Asset Life's 'Guaranteed Performance Dividend Insurance' combines a guaranteed withdrawal structure with expert global asset management to propose a smart withdrawal strategy for retirement assets. Based on four key elements: structural guarantee, expert management, global diversified investment, and performance linkage, it helps secure both stability and growth potential of assets in retirement life.
Jeon Soon-pyo, head of the pension sales division at Mirae Asset Life, explained, "The retirement pension guaranteed performance dividend insurance is a product that can contribute to preparing for a peaceful retirement after retirement by investing pension funds needed in a super-aged society in global high-quality assets while securing stable pensions through the guarantee function."
coddy@fnnews.com Ye Byeong-jeong Reporter