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Financial Watchdog to Return Unclaimed Personal Pension Benefits to Pension Heirs

Financial Watchdog to Return Unclaimed Personal Pension Benefits to Pension Heirs

SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s financial watchdog is set to return unclaimed personal pension benefits being held by insurance companies. After searching for people entitled to unclaimed personal pension benefits, the Financial Supervisory Service (FSS) found that there were a total of 3,525 personal pensions with an aggregate value of 72.8 billion [...]