Mirae Asset Investment and Pension Center head Kim Kyung-rok, right, shakes hands with Financial Planning Standards Board Korea Vice Chairman Cho Sung-mok after signing an agreement on bilateral cooperation in Seoul on Aug. 17. Photo courtesy of Mirae Asset Global Investments

Two outfits will cooperate in content related to investment, pension

Mirae Asset Investment and Pension Center has teamed up with the Korean unit of the Financial Planning Standards Board (FPSB) to cooperate in content related to investment and pension.

Toward that end, the Mirae Asset center’s chief Kim Kyung-rok and FPSB Korea Vice Chairman Cho Sung-mok took part in a signing event on Aug. 17.

Under the bilateral alliance, Mirae Asset plans to offer various content to the online educational center of FPSB Korea. They will also collaborate in exchanging content and carrying out joint businesses.

“As the life expectancy prolongs, asset management gets more significant. We will work together with FPSB Korea to enable people to prepare for the future through investment and proactive management of their pensions,” Kim said.

Mirae Asset Investment and Pension Center is an affiliate of Mirae Asset Group, South Korea’s leading financial investment conglomerate.

The center has focused on creating a host of content to let people know the significance of investment and pension funds.

Mirae Asset Group’s representative affiliate of Mirae Asset Global Investments saw its bottom line more than double to 369.4 billion won ($314 million) during the first six months of 2021 from a year ago.

It is the entity’s record half-year profit.

The group’s brokerage arm, Mirae Asset Securities, also logged a second-quarter operating profit of 434.3 billion won ($379 million), which is also its record figure.

The FPSB establishes, upholds, and promotes worldwide professional standards for financial planning with the aim of fostering public confidence in the financial planning sector.

The U.S.-based outfit has demonstrated its commitment to excellence through its ownership of the international certified financial planner (CFP) certification program.

On top of the globally recognized CFP certification, the FPSB Korea is running a test to give its own certification called associate financial planner Korea (AFPK).