Feng Chia University and Alpha Investment Consulting Co. introduce Taiwan's first private school pension robot to boost retirement welfare for employees

Feng Chia University, the first private university in Taiwan to introduce a retirement savings trust fund for its faculty and staff, has partnered with Alpha Asset Management to enhance its retirement security. The university established the employee welfare savings trust fund system in 2001 and has been allocating budget to support the system, which helps attract and retain talent. To provide more comprehensive and customized retirement planning and asset management services, the university announced its cooperation with Alpha Asset Management on July 29, offering professional robo-advisory services to its faculty and staff. 

Alpha Asset Management is an investment advisory company specializing in creating holistic retirement plans through intelligent platforms. Through this cooperation, it will provide diversified and personalized asset allocation for the faculty and staff, aiming to ensure greater protection in their retirement life. Alpha Asset Management is dedicated to developing smart wealth management technology, and has won many prestigious fintech awards both domestically and internationally, including the Gold Pin Award and the Gold Award from the Financial Supervisory Commission, and the Best Fintech Startup of the Year Award from The Asset in Hong Kong earlier this year, the only Taiwanese company to receive this honor. 

At the signing ceremony, Feng Chia University President Wang Wei said that they were very pleased to cooperate with Alpha Asset Management, which would not only enhance their retirement fund management system but also make their faculty and staff feel more secure and protected in their retirement life. This cooperation would not only help current employees with their retirement planning but also provide uninterrupted advisory services for retired colleagues, which was an important milestone for Feng Chia University in taking care of its people. Feng Chia University Vice President and Chairman of the Savings Trust Fund Committee Tang Kuo-hao further explained that the new system, compared to the previous one, would not only ensure the stability of the fund performance but also provide retirement financial advisory services, allowing Feng Chia faculty and staff to understand their future retirement financial situation and prepare and respond in advance. In addition, the adjustment of the system did not increase costs but rather reduced the overall management fees due to the conversion of investment portfolios. "People are the most important resource of Feng Chia University, and this reform can make our faculty and staff truly feel the care of the school and serve at Feng Chia with peace of mind." 

Alpha Asset Management Chairman Chen Chih-yen said that this cooperation represented a paradigm of wealth management technology, through which they could provide diversified and customized mutual funds and ETF investment portfolios, combined with the whole-life retirement fund calculation of the savings trust fund, to help faculty and staff easily understand the full picture of their retirement fund and prepare enough retirement money in advance. In addition, Alpha Asset Management would use its professional asset allocation technology, combined with the bank's annuity trust, to further provide better protection for faculty and staff after retirement, ensuring that their asset management would not be interrupted and achieving the goal of complete life-cycle asset management. Chairman Chen emphasized that Alpha Asset Management would use its professional technology and the bank's annuity trust service to ensure the worry-free retirement life of the faculty and staff and to better protect and pass on their> assets in the future. 

Alpha Asset Management has developed a Taiwan-first "Retirement Fund Calculation System for Private School Faculty and Staff" for all faculty and staff of Feng Chia University, helping them understand their retirement fund needs and suggesting how to prepare for sufficient retirement money. Since the retirement fund sources of Feng Chia faculty and staff are quite diverse and difficult to understand, and most of them focus on teaching, research, and administrative work, they have no time to understand whether their retirement fund needs are enough, and are not clear about the complex social insurance calculations, the calculation system provided by Alpha Asset Management can accurately tailor a complete retirement plan for individuals, covering social insurance such as public insurance and labor insurance, as well as private school pension, labor retirement fund, Feng Chia savings trust fund, and other aspects, ensuring that each colleague can grasp their retirement fund needs and formulate a suitable retirement plan as soon as possible. In addition, Alpha Asset Management also provides a number of services, including individual one-on-one consultation, and regular financial literacy lectures to help faculty and staff acquire practical skills and knowledge of financial planning and help them understand the importance of holistic financial planning. 

Feng Chia University President Wang Wei and Vice President Tang Kuo-hao, who also serves as the Chairman of the Savings Trust Fund Committee, signed the contract with Alpha Asset Management Chairman Chen Chih-yen on behalf of the school's own funds and self-funds respectively.

Feng Chia University announced its cooperation with Alpha Asset Management on July 29 to provide more comprehensive and customized retirement planning and asset management services for its faculty and staff, offering professional robo-advisory services to make them feel more secure and protected in their retirement life.