Nonghyup Bank Boosts Retirement Pension Returns with Individual Government Bonds and ETFs

[Financial News] Nonghyup Bank has set out to enhance retirement pension returns by introducing Individual Government Bonds and expanding its range of Exchange Traded Funds (ETFs). Moving away from management focused on stability, the bank is also strengthening support for portfolios tailored to customers' investment preferences.
On the 15th, Nonghyup Bank announced that it had established an operational support system to improve customers' actual retirement pension returns by moving away from conservative, stability-oriented retirement pension management and by introducing Individual Government Bonds, expanding its ETF lineup, and strengthening expert portfolio services.
In September, Nonghyup Bank introduced Individual Government Bonds, a product designed to support the preparation of long-term retirement funds based on stable interest income while also pursuing profitability. Nonghyup Bank stated, "Accordingly, we expect to provide a new option for retirement pension subscribers who are considering investment alternatives between principal-guaranteed and performance-based products."
The competitiveness of ETF products will also be significantly strengthened. Following the launch of 22 retirement pension ETFs last July, an additional 36 products are scheduled to be introduced this coming October. The plan is to continuously expand the ETF lineup to broaden customer choices, enabling investment not only in domestic and international stocks and bonds but also in various industries and themes.
In addition, the bank is strengthening its expert portfolio service for customers who struggle with product selection. Based on systematic market analysis and research, Nonghyup Bank selects products suitable for customers' investment preferences and constructs and provides portfolios accordingly. In particular, the expert portfolio service demonstrated its competitiveness in portfolio management by recording a return of 40.11% in the first half of this year for the aggressive investment type.
Meanwhile, Nonghyup Bank is strengthening its retirement pension management capabilities, including recording the highest return among the five major commercial banks for three consecutive quarters in non-principal-guaranteed retirement pension products, based on disclosures from the Financial Supervisory Service's Integrated Pension Portal.

[email protected] Lee Hyun-jung Reporter