Mirae Asset Securities logo / Courtesy of Mirae Asset Securities

Mirae Asset Securities has launched the industry’s first dedicated service platform for multinational corporations operating in the country as Korea’s retirement pension market rapidly approaches 400 trillion ($272 billion) in assets, the company said Wednesday.

The brokerage said the newly established global pension desk is designed to support global companies that must navigate both Korea’s retirement pension regulations and the stricter risk management and compliance standards imposed by their overseas headquarters.

The initiative reflects the growing demand from multinational firms operating in Korea for specialized pension services that can address complex regulatory requirements while aligning with global corporate governance and risk frameworks.

To support the initiative, Mirae Asset Securities earlier this year created a new global corporate solutions division focused exclusively on multinational corporate clients.

The desk is supported by a specialist network consisting of experts from multiple disciplines.

Through this network, the firm provides integrated consulting services covering global regulatory compliance, human resources and labor matters, and tax advisory.

The company has also assigned English-speaking specialists to enable direct communication with overseas headquarters and foreign managers at Korean subsidiaries.

In asset management consulting, Mirae Asset offers data-driven analysis of corporate pension investment returns and peer comparisons within the same industry.

Mirae Asset Securities said its competitiveness in the retirement pension sector has been reflected in its performance.

Source: Korea Times News