What happens if I do not provide investment instructions for contributions?
<Corporate-type DC> If investment instructions are not provided when contributions are made, contributions will be managed in cash as uninstructed individual assets. Please change them to an inv... Show Detail
You can see it on the AnswerNet. <How to find "Transaction History"> Log in to the AnswerNet > Click on the "Participant Main Page" tab > Click on "View History" in the orange frame where... Show Detail
Can I specify some of the products to be sold when conducting switching?
Switching refers to the procedure of changing the investment product(s) currently held (or uninstructed individual assets) to another product. As for the selling amount, you can specify the enti... Show Detail
Is it possible for a corporate-type DC participant to conduct switching after he/she retires?
If a corporate-type DC participant retires before the age of 60, he/she will not be able to change investment products once the procedure to terminate eligibility (registration of retirement) is co... Show Detail
How many days does it take to complete a transaction for switching investment products?
Switching refers to the procedure of selling the investment products currently held and purchasing other investment products with the sales proceeds. Therefore, it takes approximately 1 week to 10 ... Show Detail
If the contribution amount changes, do I need to designate allocation ratios again?
The allocation ratios are designated as a percentage (%). The percentage (%) is applied according to the contribution amount. You don’t need to designate the allocation ratio if you purchase at the... Show Detail
Can I cancel my switching order?
Switching order can be cancelled up to 11:59 p.m. on the day you complete the switching procedure. <How to cancel switching order> Log in to the AnswerNet > Click on the "Switching Instru... Show Detail
Switching refers to the procedure of selling the investment products currently held and purchasing other investment products. Therefore, it takes about one week to 10 days to complete all transa... Show Detail
Are there any fees for switching investment products?
There is no fixed fee for the switching procedure. Depending on the investment product, fees may be deducted at the time of sale or purchase. You can check if such fees called "partial redem... Show Detail
How often can I change products through switching?
There is no limit to the number of times or frequency of conducting switching. Under the law, participants and investment instructors shall be able to provide investment instructions at least once ... Show Detail
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