"Average yield of savings-pension products, lower than that of bank savings"

[뉴스토마토 정초원 기자] The retirement savings rate of financial corporations is lower than the saving rate of savings banks, according to the badysis. Even taking into account the tax advantages of the government, the retirement savings of some financial institutions is lower than that of other financial instruments.

Financial Monitoring Service announced yesterday that the retirement savings rate is not enough. According to the data, the average return of 54 retirement savings products, which began selling in early 2001, was 2.90% ~ 6.32%.

The average return of all pension funds, excluding pension funds (6.32%), was 2.90% to 4.11%, below the savings rate of the banks. savings (4.19%) before tax. The average yield (2.90%) of the pension funds was lower than the saving rate of the deposit banks (3.10%).

When we take into account the effect of tax credit on the amount of retirement savings, the average rate of return is 4.42% ~ 7.75 %. This rate is higher than the saving rate of banks (3.1%) and savings banks (4.19%). However, some financial firms have a lower return than the savings banks, even taking into account the effect of tax cuts.

Taking into account both the effect of the tax credit and the tax rate on retirement income from 3.3 to 5.5% at the time of collection of the pension, the average return after retirement savings increases from 3.74 to 7.17%. It is higher than banks (2.68%) and savings banks (3.66%). By product, the pension funds (7.17%) were the highest, followed by the retirement life insurance (5.21%), pension insurance (5.02%) and pension funds (3.74%).

An FSS official stated: "Given the tax credit reduction effect, the return on retirement savings products exceeded that of the savings rate "and the tax base without taking into account the returns of retirement savings products are lower than the saving rate of the savings banks. "

He pointed out," Because of the low rate of return and the rigid fee system, the government is benefiting from the retirement savings system put in place to stabilize the lives of the elderly. "

The Financial Supervisory Service plans to increase the return per market discipline and to induce commissions on commissions by strengthening comparative information on the retirement savings rate and the commission rate. In addition, the government plans to improve retirement savings rate information so that retirement savings plan members can accurately reflect the real rate of return.

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