Wednesday, February 15, 2017

Meritz, GA channel performance dropped dramatically reason



[Korea gimmingyeong financial newspaper reporter] turned out to be significantly reduced compared to the GA channel performance from last year's Meritz 7 to October.

GA-channel initial premium of 7 May last year, Meritz was reduced by 14% YoY to 33.9 billion won to 29.3 billion won.

August was a record 27.5 billion won, down 3.1 billion won in September was 27.2 billion won, recording a 5 billion won, down 25.9 billion won, 3.4 billion won, down 10 May.

Meritz promote the massive reorganization in the second half of last year, two euros and exclusive agents enhance the organization that reportedly pays a commission to the exclusive agents for up to 1100%. 1000% base commission said the commission said that 100% of the bonus policy was formulated the concept of 600% of the commission, particularly as advance payment.

This exceptional treatment will be interpreted as a commitment to support the full-speed channels GA level Meritz receive a lot of relatively commission.

However, this conflict was punctuated with GA in the process. The sales volume of GA will not be a lot much the same fees as compared to captive agents travertine. Thus it began to decline in the performance Meritz GA.

Eventually Meritz decided to create additional incentives of bonus items in each GA to pay a bonus of 40 to 50% of monthly premiums for 50 million won, 70 million won, 100 million won.

Insurance industry officials said that "it is not easy in a tug of insurers and insurers yigigin GA thus channel. This is because a high proportion of sales channels GA.

Industry experts said the comments, noting that the GA is too large influence on the insurers' need a culture that emphasizes the seller is responsible.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Financial sector employees salary of four billion one people



[Korea Jeongseon financial newspaper reporters - one of whom appeared to have received a salary of one hundred million four people last financial professionals.

According to banking industry 15 days, Korea Institute of Finance last year, the third quarter based on seven financial volume 1,300 four target survey data last annual salary of not less than 100 million won from financial company employees share submitted to the Finance Committee was counted as 25% .

Yeonbongja billion was accounted for by increased sharply again last year at 17% for 2015, the first time exceeded 20%.

65% of employees surveyed financial institutions have totaled more than 50 million won in annual salary.

By the banks of the eopgwon billion yeonbongja the highest proportion with 33%.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Kiwoom, 20th college mock investment contest awards ceremony held



[Korea financial newspaper nine hyerin reporter] that progress Kiwoom (CEO gwonyongwon) Awards for "The 20th Kiwoom college mock investment contest winners in 14 days Kiwoom headquarters in Yeouido (Kiwoom Finance Square) announced 15 days .

The mock investment contest last December 19 was conducted from 16 weeks to May 26 this year, two hundred of the 2004 national 214 college students participated.

The awards are backed by investment gwonyongwon CEO's first tournament return, migration accounted for over state administration's second largest Hee, the third BeyondKW graced the winner's of 10 people, including (more than "a pseudonym") position.

Migration accounted for over one's status was recorded a return of 114%, and 111% above the 3rd, Kyung Hee administration's recorded a return of 87% and BeyondKW's 2 respectively. In addition, the simulated competition and investment in foreign stocks research reports conducted at the same time competition steamed ppori's target is accounted for.

Winners for 1st 3 million won, second place respectively 2 million won, is given an internship opportunity at Kiwoom of 31 million won scholarships and summer holidays above, the benefit Asian financial markets tour for 10 winners from 1st to 10th given. In addition, foreign stocks research reports Contest person who is given an internship opportunity in one $ 500 scholarship and summer vacation Kiwoom given a tour Asian financial benefits. This will be conducted at regular financial markets, including Asia tour is for 3 nights 4 days visit to Singapore and Hong Kong securities companies.

Kiwoom retail strategy team yeommyeonghun team leader, "the US and presidential elections, even in such difficult conditions domestic affairs anxious thoughts incredible for that college students had written an excellent rate of return," he said. "We will continue with the benefits of international financial markets, visits and scholarships by contacting the global market continues to hold mock investment contest for college students to try a variety of experiences that students will have an opportunity to form a sound investment culture, "he said.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Interpark, last year's trip yeoeop profit down 80% ↓ ... Recommendation - Shinhan



[Korea hyerin nine financial newspaper reporter] was rated as Shinhan Investment is urgently improved earnings for the trip Interpark 15 days. Thus the recommendation to "neutral" lowered.

Interpark last year's fourth quarter consolidated sales rose to 137.6 billion won (+ 21.6% YoY). This is a performance that beat the market consensus (123.5 billion won).

However, the division recorded an operating profit of travel -14 million (deficit conversion), ENT 91 one hundred million won (+ 140.5% YoY), shopping -13 million (deficit continued) Book -25 million (deficit continued).

Gimeunhye researcher at Shinhan Investment Corp. is' 'Check Now' was due to TV advertising is inevitable that costs will worsen in 2015 compared to 53% increase to the travel sector profitability, "said," The performance improvements to travel division is desperately needed in order to rebound, he said .

Interpark example of the growth in the travel sector in 2016 were sharply slowed down. Growth in '14, '15, '16 (% YoY) has lowered ticket (60 → 60 → 32), accommodation (57 → 46 → 21), the package (95 → 51 → 22), etc.

Kim said researchers have "no choice but to come out to defend the cost increase market share, '' 2016 tour operating profit was 2.9 billion won (-80.2% YoY) 'he said.

Also, he 'year journey OP needs but estimated at 11.2 billion won (+ 284.2% YoY, the base effect) determine the earnings trend' said, 'share price from the time the check is earnings growth is expected to rebound' adding that.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Kiwoom "Cosmax, expected to launch in China, the consumption tax cut Tint"



It was [Korea goyounghun financial newspaper reporter] Kiwoom 15 days of buying color cosmetics brand is expected to launch in China in accordance with the excise duty reduction for investment Cosmax doendamyeo opinion BUY Target price remains at 18 million.

4Q11 Earnings connection Cosmax sales rose 47.1% YoY to 199.7 billion won, operating profit rose 88.1% to 9.5 billion won the same period rose year.

Kiwoom yihuijae researchers and diagnosis "was recorded performance to dispel market concerns over the sluggish consumption in manufactured goods hit game," he said "lower depending on the duty free channel dependent small businesses from the risks of the Sad Chinese customers."

The researchers "had in January announced the injury hue dedicated plant completed production scale dwaeteumyeo 400 million expansion 5000 pieces from the existing 200 million was in Guangzhou also increased from 40 million pieces 1 billion," said "Because of this China's total production capacity is 500 million has secured 50 million, "he said.

He expected that after "such as cosmetic manufacturers are expected to have one global brand items purchased in order to diversify and expand the deficit will be reduced in accordance with US corporate scale-up."



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com