For twenty-four years, the Heritage non-governmental pension organization, which before it was given the name, has been renamed twice, has been operating for twenty-four years. It all started with the organization Interros-Dostostvo, to which in 1996 the NPF Norilsk Nickel was added. Actually, under the name “Norilsk Nickel” the pension fund is most famous. Four years ago, a decision was made to rename Norilsk Nickel to Heritage.
But the merger did not end there, and in the period from 2014 to 2016, Heritage, that is, the former Norilsk Nickel, was included in the Gas Fund along with Kit Finance and Promagrofond. Starting from 2017, all clients of these organizations are served by the Gazfond institution. More details about the activities of this fund, as well as its services and rating will be discussed below.
Fund changes
To date, the Heritage Pension Fund (Norilsk Nickel) announces the completion of the reorganization process in the form of the merger of the Gazfond pension savings company, which is the largest in its sphere in assessing the scale of assets to be combined at the same time.
NPF "Gazfond" has joined the institution "KIT-Finance", which has replenished its client base with two million people. In turn, “Heritage” has joined another eight hundred thousand customers to the newly-made “Gazfond”. And thanks to the Promagrofond, more than two million people have been added. As a result, the total number within the association already exceeds six million customers, and the amount of pension savings is 425 billion rubles. The pension fund of the combined organization "Gazfond" is 16 million rubles.
According to the laws of succession
"Gazfond" in succession continues to fulfill obligations to all customers of the affiliated structures. Service contracts and agreements is carried out in all offices of the new integrated network. It is important to note that the reorganization does not imply a renegotiation of contracts with respect to compulsory pension insurance and non-state security.
What benefits did customers receive as a result of the merger?
The merger took place under a strong brand, which guaranteed investors additional confidence and reliability, confirming the correct choice of fund for the formation of future retirement capital. The status, as well as the voice of the created fund, has become much stronger.
The combined structure today consolidates the experience, knowledge, skills and best practices in doing business of all four foundations. Currently, the fund’s experts conduct outreach among potential clients, develop and increase the financial literacy of the population. In addition, the new organization operates and develops as part of long-term financial planning and cooperation.
As a result of the merger, the infrastructure of the four funds expanded the geographical access to provide services and provided the services aimed at remote servicing.
It should be emphasized that the effectiveness of this pension organization is largely determined by the assembled dynamic, creatively thinking and diversified team of professionals, which combines the pursuit of one goal - the increase of trusted funds. In addition, the activities of this pension fund are aimed at improving the quality of life of clients in the long term.
Reliability indicators of the Gazfond organization
To date, this fund is represented in most Russian districts. Gazfond, which also includes the Norilsk Nickel Pension Fund, has opened 55 offices across the country. The joint efforts of the team created a monetary fund, which amounts to almost 500 billion rubles. Pension savings (as well as reserves) also make up quite impressive amounts, which once again confirm the reliability of the educated structure.
According to last year, the return on investment of funds from retirement savings reaches 13%. In turn, the profitability of compulsory insurance clients' accounts of this organization is 11%. As for the profitability of pension reserves, in this case we are talking about 10%. The rate of non-state pension provision is 10% per annum, which is several times higher than inflation.
Fund Ratings
It is worth noting that the ratings of the Norilsk Nickel Pension Fund are the highest in reliability, which is confirmed by leading national agencies:
- The ruAAA rating assigned the highest level of reliability financially.
- Stable outlook was assigned by Expert RA.
- AAA rating, which means maximum reliability, was given by the National Rating Agency.
The Gazfond Pension Institution was awarded a prize under the title “Financial Elite of Russia” in the nomination “Project of the Year in the Field of Pension Fund Consolidation” in 2017.
Services of the Gas Fund
Gazfond, which also includes the Norilsk Nickel Pension Fund, operates in the financial market in the most promising area, and their activities are aimed exclusively at the pension provision of citizens.
The following areas of activity can be distinguished:
- Implementation of private pension provision.
- Provision of early non-state pension provision.
- Compulsory pension insurance.
In addition to compulsory pension insurance, Gazfond (that is, the Norilsk Nickel Pension Fund too) provides its customers with individual cash accumulation plans. The proposed programs give people an additional opportunity to independently form their savings through tax incentives and personal funds in order to maintain a high standard of living not only for themselves, but also for their loved ones in the future.
Benefits of an Individual Pension Plan at Gazfond
The following advantages can be distinguished within the framework of this service:
- Clients of the Norilsk Nickel non-state pension fund as part of the Gazfond can independently form the target capital for the implementation of their long-term (both personal and family) plans on fairly flexible terms.
- State support, which makes it possible to increase the profitability of savings through social tax deductions, returns 13% of the amount of pension contributions that do not exceed 120,000 rubles a year.
- Funds in the account of the non-state pension fund Norilsk Nickel as part of the Gazfond along with investment income are inherited in full both at the stage of accumulation and during planned payments.
- Clients are guaranteed legal protection, under which the funds of the pension account cannot be levied according to the requirements of third parties, and moreover, seizure cannot be levied - the savings are fully protected.
Customer reviews
The reviews on the Norilsk Nickel Pension Fund as part of the Gazfond that come from customers are different. For example, many note as an advantage that Gazprom is one of the founders of this organization. Agree, a pretty serious company?
In addition, many clients in their comments call this fund reliable and report that it provides good interest on contributions. Many people like the opportunity to receive free telephone consultations.
The most advanced talk about the convenience of the interface of the official website of the fund: it is simple and understandable, so it’s easy to manage your personal account of the Norilsk Nickel Pension Fund. In addition, customers like the attentiveness and responsiveness of employees.
What do not like
Among the reviews of dissatisfied investors there is information that the representatives of this organization walk along the entrances of residential buildings in order to draw up false documents on the transfer of a personal pension account of a person to their fund. In addition, the excessive persistence of employees in the desire to attract customers is also not satisfactory for many.
In general, people are satisfied with the activities of the Norilsk Nickel Pension Fund and often say that any problematic situation is solved quickly by employees, that customers receive competent answers to all questions. In addition, depositors constantly receive new information about the status of their accounts. It is also worth noting that quite often people in reviews of the non-state pension fund Norilsk Nickel positively assess corporate ethics and the high level of services of this fund.