Four Hanwha Financial Group companies set to lead the pension market

*This content was translated by AI.View Original

The four Hanwha Financial Group companies have stepped up their push into the 500th trillion won retirement pension market.

Immediately after the government announced plans for institutional reform, including measures to promote fund-type retirement pensions, the group is accelerating its offensive in the future pension market by presenting a medium- and long-term business strategy to prepare for the changing market environment.

Hanwha Life Insurance, Hanwha General Insurance, Hanwha Investment & Securities, and Hanwha Asset Management held the "Hanwha Financial Retirement Pension 2030+ VISION Launch Ceremony" on the 30th at the Seoul Yeouido 63 Building. The event was attended by approximately 140 executives and employees, including the CEOs of each company.

The institutional reform of the retirement pension market is becoming more concrete as the government announced the "Plan to Strengthen Retirement Pension Functions" on the 29th, which includes measures such as mandating off-balance-sheet accumulation of retirement benefits and promoting fund-type retirement pensions.

In line with these changes, Hanwha Financial Group presented strengthening professional management capabilities, establishing a sound governance structure and internal control system, and enhancing competitiveness in products, services, and digital technology as its key strategic directions at the vision launch event.

A Hanwha Life Insurance official, speaking by phone to this outlet, said, "This launch ceremony is an occasion to share the direction each Hanwha Financial Group company should pursue in response to changes in the retirement pension market and to review preparation tasks for future business."

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*This content was translated by AI.View Original