The problem of accrediting non-state pension funds is quite relevant and significant, especially for those people who are seriously thinking about alternative options for placing the funded part of their future pension. The main function of non-state pension funds is precisely to multiply the future retirement of people.
Accreditation 2015
In accordance with the current legislation of the Russian Federation, by the end of 2015, all non-state pension funds had to go through all the necessary state inspections and obtain an appropriate license from APFs. Accreditation in 2015 was mandatory. The license is the guarantor of the reliability and safety of the savings of Russian citizens. Which non-state pension funds were accredited in 2015? To date, only dozens of 100 applicants have passed such a test. We will get acquainted with them in more detail.
What are NPFs?
NPF is a company that manages funds without access to people's personal accounts. In fact, this company is engaged in investing material resources in profitable securities and profitable projects, of course, to obtain monetary benefits. The NPF receives commission fees for the effectiveness of its activities.
Benefits of Funds
The income acquired by such funds when investing savings is much higher than in the FIU. The fact is that the fund uses a fairly flexible system of working with funds, in contrast to FIUs, which transfer funds only through VEB. Our state, in turn, firmly controls the types of assets for investment of the fund, which guarantees the safety of the financial savings of citizens.
High profitability is only one of the features of funds. Here are other benefits:
- very quick and convenient service, you can control your accumulative funds in online mode;
- high reliability and safety - all accumulated funds of citizens are insured in the DIA and in the event of bankruptcy or revocation of a license from an NPF will be returned to the legal entity;
- publicity and honesty - the organization carries out its work in the status of a public company, therefore, provides each year with financial statements of its activities;
- timely conclusion of contracts.
If customers are not happy with the work of the NPF, at any time you can change the fund to another acceptable option, without losing a penny from your account.
NPF statistics
If we look at the statistics of recent years, we can see that since 1998 the number of organizations licensed has fallen significantly (in fact, from 200 organizations to dozens of those). However, one can note a tendency towards an increase in the number of funds that have declared a desire to carry out activities under the voluntary partnership.
What factors are associated with such evidence? Firstly, the requirements and attention on the part of the legislation to NPFs have greatly increased. Secondly, the NPF was given the opportunity to conduct activities on compulsory pension insurance. Due to even these several factors, in recent years, fundraising processes can be observed.
Which non-state pension funds were accredited in 2015? Lists of funds are presented below.
Fund classification
According to the forms of activity of funds, one can distinguish the following types of NPFs:
- Captive. They develop mainly corporate pension strategies of the parent companies and their similar structures. In the list of assets managed by an organization, pension reserves prevail over pension savings.
- Corporate They are also called conditionally captive. The activities of such companies are also based on servicing the pension programs of employees of their organizers. Every year, part of the pension funds in the portfolio of non-state pension funds increases. Mostly, the status change from captive to corporate takes place to attract pension savings from corporate programs of clients.
- Open, or universal. Being mainly independent of large financial and industrial groups, such funds organize their work on the widest possible range of citizens. Assets, as a rule, are dominated by pension accumulations.
- Territorial funds operate mainly in a separate region or group of regions. Such funds are formed with the assistance and support of the current government.
List of non-state pension funds accredited in 2015
The funds continue their activities, and in their hands is concentrated a tremendous amount of savings of citizens. And so that clients can figure out and understand whether it is possible to entrust their savings to a particular fund, lists of NFPs that have successfully passed accreditation and received licenses are compiled.
Which non-state pension funds were accredited in 2015? Currently, the lists include 47 licensed and accredited organizations. Any capital transformations in the presented list did not happen, in addition to the fact that some organizations decided to merge.
To begin with, let’s denote the ten largest non-state penison funds by reserves. NPF AO rating:
- "Gazfond" is the largest fund of our country for 2015, in fact 40% of the total reserves of the funds of the Russian Federation. The disposal company is ZAO Leader Management Company, one of the largest shareholders of which is GAZFOND. The amount of the fund’s pension reserves for 2015 amounted to about 350 billion rubles.
- "Welfare". The founders of the fund are TransCreditBank, Rosprofzhel, JSC Trading House of Russian Railways. This fund is the leader in the Russian market of pension funds in terms of the number of participants, the number of pension accumulation programs, and the number of customers who purchase additional pensions. The organization’s personal property fund is 334 billion rubles.
- Transneft By the end of 2015, the number of pensioners who received a non-state pension amounted to more than 30 thousand people.
- "Power". The combined number of insured citizens and participants in this pension fund is more than 1.5 million, over 120 thousand people receive their pension at NPF Elektroenergetiki.
- "Oil Guarantor". According to the results of 2015, the Fund executed almost four hundred agreements with investing enterprises in the oil and gas sector. More than 120 thousand citizens are partners of the fund under various programs, while over 71.5 thousand citizens monthly receive pension benefits from Neftegarant.
- Lukoil-Garant. About 233 thousand people organize a non-state pension at NPF Lukoil-Garant.
- Telecom-Soyuz. This organization also includes StalFond Non-State Pension Fund JSC and Future Non-State Pension Fund JSC.
- Khanty-Mansiysk. The aggregate of pension reserves is 16.82 billion rubles. And every month over 220,000 people receive pensions from this fund.
- "Heritage". The personal material accumulation of the fund exceeds 60 billion rubles. About 1 million people entrusted this organization with their accumulative funds and almost 100 thousand of them form an additional non-state pension.
- "National NPF". Today, the Fund's clients are more than 600 thousand legal entities.
List of NPFs by the amount of pension savings
Now briefly introduce the top ten largest private pension funds in terms of pension savings. The list of non-state pension funds that have passed accreditation (2015) is presented below. All of them are reliable and have high profitability.
- "European Pension Fund" NPF AO.
- Lukoil-Garant.
- "Future".
- Sberbank NPF JSC.
- "Power".
- CSG.
- VTB Pension Fund.
- KITfinance NPF.
- "Gas fund pension savings."
- "Promagrofond".
It is worth noting that many funds joined or changed their abbreviation, for example, Stalfond joined the non-state pension fund Future, while the European Pension Fund NPF AO, Regionfond and the Education and Science Fund merged into one NPF called "Safmar".
Some non-governmental pension funds decided to change the name: NPF “WELL-BEING OF OPS” has now become “Future”, ZAO Raiffeisen - “Safmar”, NPF “Russian Standard” - “Our Future”.
List of extremely high security funds
The list of non-state pension funds (accredited for 2015) is presented below. Most funds have a high degree of reliability and protection for their clients. NPF Rossgosstrakh is in the top 10 rating of NPF JSC the most reliable. His approximate income for 2011 was only 3.2%, and by the end of 2015 there was an increase to 8%. This fact, of course, affected the growth of customers; by 2015, the number of insured persons of the Rosgosstrakh NPF took the honorable third place.
The list of non-state pension funds that have passed accreditation (2015) and have been successfully operating to this day is lower. These are the most reliable funds. The list of the most reliable non-state pension funds of the joint-stock company (rating) marked with A ++ code includes:
- Atomgarant;
- "Welfare";
- VTB Pension Fund;
- Gazfond;
- European NPF JSC;
- KIT Finance NPF;
- National NPF;
- Safmar
- Non-state Pension Fund "RGS";
- Sberbank NPF JSC;
- Surgutneftegas;
- Vladimir NPF ZAO.
Be very responsible when choosing a non-state pension fund
Never blindly trust the advice and recommendations of bank employees or other specialists. As a rule, most of them try by all possible means to bring you to the fund, for which they will be charged. By law, the employer may not impose a fund on you.
The list of non-state pension funds that have passed accreditation (2015) will help you choose several options for placing your pension savings.
When choosing a non-state pension fund, focus your attention on criteria such as the term of the fund’s life on the market (work experience is very important, this shows the company's ability to recover or cope with crisis moments very correctly), look at the accumulated income over the past couple of years, of course, you should take care to check availability of licenses and the name of the fund in the list of the DIA.
And before the final decision is made, read the terms of the contract in detail and review the documents and licenses received.
How to become a client of NPF
To become a client of PNF, you should choose an organization to which you can entrust your finances, carefully read the conditions and be sure to visit the office of the company to find out all the details and ask questions of interest. The second step is to conclude a contract. This can be done remotely via the Internet or by visiting the nearest office of the company. After this, it remains only to submit an application for transfer to an NPF in its branch of the RF PF. You will also need to make a down payment, then you will regularly need to deduct some amount for future retirement. The client can terminate the pension agreement ahead of schedule, but depending on when he wants to do this, you can get back 80% of the funds transferred to the fund, 100% of savings or 100% of savings + 100% of the accruals.
It is possible to develop an individual pension program so that the future pension accumulation scheme fully meets all the requirements of the client. The funds of each client are legally protected, it is possible to control the status of the personal account via the Internet, there is the opportunity to receive tax benefits, monitor profitability and so on. In general, it is now worth taking care of your own well-being after reaching a well-deserved rest. The sooner you begin to shape your own well-being, the calmer you can live. The main thing is to choose NPFs correctly and wisely, and also invest regularly.