TAIPEI (TVBS News) — Rising living costs have driven more young people in Taiwan to focus on financial planning. According to the Taiwan Stock Exchange (TWSE)'s 2024 report, over 2 million individuals under 30 and 270,000 children under 12 have opened accounts.
Yuanta Securities (元大證券) offers comprehensive guidelines for opening accounts for minors on its website and provides services at 148 locations nationwide.
Yuanta Securities simplifies the process by allowing children to link their existing bank accounts to the company's CMA account, eliminating the need to open a separate settlement account. This convenience helps address common concerns and makes financial planning more accessible.
Many investors hope to save significantly for their children's future education, entrepreneurship, marriage, and other major life events; Yuanta Securities continues to promote a flat-rate fee for regular investments, which can lower average investment costs and spread risk over time.
The growing trend of financial literacy among Taiwan's youth highlights the importance of accessible and efficient financial services. As more families turn to investment to secure their futures, the demand for streamlined processes will likely increase.