Woori Investment & Securities reported that it recorded a 5.28% 'individual retirement pension (IRP) principal guarantee revenue' in the first quarter of this year (January to March) announced on the Financial Supervisory Service's integrated pension portal, achieving the highest revenue among securities firms selling retirement pensions, on the 8th.
Woori Investment & Securities achieved the highest revenue among securities firms in 4 of the last 5 quarters in the same institutional sector. It also maintains an average annual compounded revenue of over 5% for the last 8 consecutive quarters.
Woori Investment & Securities described its achievements as the result of ▲ building a lineup of over 1,200 funds ▲ providing strategic asset allocation information to support diversified investments (average of 4.6 funds held per IRP client) ▲ and maintaining a low commission rate of 0.20% per year for IRP fund sales (based on outstanding balances).
An official from Woori Investment & Securities noted, "The retirement pension market is one where competitiveness is evaluated not by short-term revenues, but rather by compound performance over 10 or 20 years," adding, "We will continue to provide sustainable long-term performance for customers through a diversified investment strategy centered on global growth assets and the advancement of AI-based asset management."