Individual Retirement Pension Funds Gain 16 pct in H1

SEOUL, Aug. 27 (Korea Bizwire) — Deposits at South Korea’s individual retirement pension (IRP) products rose more than 16 percent in the first half of the year to flirt with 30 trillion won, data showed Thursday. The cumulative amount of IRP funds came to 29.5 trillion won (US$24.9 billion) at the end of June, up [...]