Summary Seoul International Financial Forum
The Financial News Hosts Seoul International Financial Forum from April 26 to 27

'First-Class Economy Newspaper', Financial News hosts the 7th Seoul International Financial Forum from April 26 to 27 at Westin Chosun Hotel in Sogong-dong, Seoul. This year's forum agenda is Emerging Challenges for Korean Financial Sector - Development of Pension Markets and Functional Consolidation of Financial Institutions.

Korea's pension market is going through a great deal of changes. The retirement pension system launched in December 2005 will create a market which is worth hundreds billions of wons. Naturally, many banks, insurance companies, and securities firms are already fighting hard to attract these pension funds.

Another big topic of this forum is 'how Korea's national pension plan will be operated in the future'. There are many talks about privatizing the pension plan. A case study of the successful Chilean privatization example will be presented during the forum in order to find out which direction would be ideal for Korea's national pension plan.

Korea financial market is about to face a big bang due to the market globalization. The Korean government has been pursuing to make Korea as a financial hub of the North East Asia. The government now takes a step further for the gaol and announced the financial market consolidation act which will allow a company to invest stocks, futures, assets, and trust fund from 2008. In other words, a Korean Goldman Sachs will appear on Korea's financial horizon in a very near future. Financial experts will discuss about the new challenges caused by the shifting financial landscape.

The forum will close with a panel discussion on April 27. A banquet for financial CEO's is also scheduled.

Thank you very much for your interest in this forum.

¡á Theme: Emerging Challenges for Korean Financial Sector - Development of Pension Markets and Functional Consolidation of Financial Institutions

¡á Dates: April 26-27, 2006

¡á Location: Westin Chosun Hotel in Sogong-dong, Seoul

¡á Hosts: The Financial News, ABN, AMRO, IBM

¡á Inquiries: Financial News Seoul International Forum Desk (02)2003-7333, 7433/ Email: fnbiz@fnnews.com

¡Ø Copyrights ¨Ï The Financial News. All rights reserved. This article may not be published, rewritten or redistributed.