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The Operations of the Private Pension Funds

Author

Listed:
  • Nina N. Kachanova

    (Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia)

  • Viktoriya V. Presnyakova

    (Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia)

Abstract

The article authors dedicate their article to the private pension funds (PPF) that have been operating in the field for 17 years or so. They examine what work results they demonstrate and suggest the steps to be taken to improve their practices. They note that the PPFs are the only institutions that can invest pension savings for the periods of up to 40 years and ensure that people get good interest on the amounts invested.

Suggested Citation

  • Nina N. Kachanova & Viktoriya V. Presnyakova, 2011. "The Operations of the Private Pension Funds," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 121-130, January.
    • Handle: RePEc:fru:finjrn:110111:p:121-130
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    More about this item

    Keywords

    private pension funds; private pension funds’ schemes; Federal Financial Markets Service; pension reserves; pension savings;
    All these keywords.

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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