Shinhan Securities launches AI-based robo-advisor for retirement pensions

Shinhan Securities has launched ‘Shinhan SOL Robo Pension’, an artificial intelligence-based robo-advisor service designed for Individual Retirement Pension (IRP) customers. The service utilizes a proprietary AI quant model to automate ETF asset allocation, security selection, and portfolio rebalancing based on a user's selected investment profile: aggressive, neutral, or stable.

The AI model determines the allocation weights between stocks, bonds, and alternative assets using market data. The service performs regular monthly rebalancing of domestic ETFs eligible for IRP accounts and can implement additional adjustments during periods of high market volatility.

Customers can access the service with a minimum of 1 million won. The automated investment limit increases by 9 million won annually based on the contract year, with unused limits carryable to the following year. While the service aims to reduce the burden of manual asset management for long-term retirement planning, users are cautioned that robo-advisors do not eliminate the risk of principal loss due to market fluctuations.