In this article we will discuss the Volga-Capital project - a non-state pension fund. Feedback on this organization, as well as the principles of its activities will be described below. The College of the Ministry of Communications in 1999 decided to launch the project.
Foundation History
The founders of NPF Volga-Capital in 2003 included AK BARS and Itil. By 2004, 8914 people had entrusted the pension savings to the fund. Soon a branch was opened in the city of Cheboksary. In 2005, the large construction company Otdelfinstroy LLC entered into an agreement with the organization and began to implement a pension program.
In 2006, Volga-Capital Non-State Pension Fund jointly with AK BARS OJSC launched the Decent Pension project. In 2007, the Federal Service for Financial Markets of Russia granted the organization a perpetual license. In the same period, the fund manages to take 1st place in terms of the yield of pension savings. In 2008, the organization was awarded the Graf Guryev Prize in the field of social insurance and the pension industry.
The contribution of the founders went beyond the mark of 100 million rubles. In 2009, a client service called “My Account” appeared on the fund’s website. By this time, the organization managed to insure 50 thousand people. In 2011, the Fund's hotline begins work. Thanks to the “8-800” format, subscribers from any phone received free access to this service.
In 2013, Volga Capital became the laureate of the Financial Elite of Russia Award. The organization’s rating reaches the “A +” mark as estimated by the Expert RA agency. The outlook is stable.
Structure
The supreme governing body of the Volga-Capital non-state pension fund is the meeting of shareholders. General management of the organization is carried out by the board of directors.
Volga-Capital is a non-governmental pension fund, the structure of which provides for the post of Director General. This person directs current activities. Thanks to the audit commission, control over the conduct of financial and economic activities is carried out.
Reviews
The activities of a non-governmental pension fund are generally positively evaluated by customers. In the reviews you can find thanks for the efficient work and attentive attitude.
Among the advantages of the organization, customers also mention the convenient organization of the site. The reviews indicate that the fund is especially caring for veterans.
additional information
Volga-Capital Non-State Pension Fund has organized the investment of savings funds. The company also holds pension reserves. The activities of the fund are regulated by the relevant federal law. The purpose of investing pension savings is to increase them in real terms.
This ensures that the level of expected inflation is exceeded. The fund monitors, controls, evaluates and identifies risks that arise in the process of activity. The organization concludes contracts with companies, and thus organizes the investment of funds. In some cases, the fund may place reserves on its own.
The organization ensures the safety of the funds received, guarantees the profitability, diversification and liquidity of investment portfolios. The company's strategy is determined on the basis of objective criteria that can be quantified. The fund keeps records of the reliability of securities.
The principles of information transparency with respect to depositors, participants and insured persons are observed. The transparency of the organization’s activities for public and state control bodies is ensured. Fund employees carry out professional investment process management.
The client can control the receipt of funds to the pension account thanks to the Personal Account service. To register in the specified service, you must fill out the appropriate application and send it to the foundation by mail, or fill out the documentation in the organization’s office. In order to transfer a funded pension, it is necessary to conclude a compulsory insurance contract.
Next, you should submit an application to the customer service of the PF of Russia with the choice of a non-governmental fund. You can also send relevant documentation by mail. In this case, it is required to verify the signature with a notary.