FIU vs. APF
FIU - Pension Fund of Russia
NPF - Non-State Pension Fund
Receiving a plastic card in a bank today, I first encountered the concept of APF.
The bank, as a partner of one of the NPF, offered its services.
For those who are not familiar, in short : the non-state pension fund offers instead of the Pension Fund of the Russian Federation (selected by default) to manage the funded part of your retirement pension.
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What benefits does it bring?
As far as I know, these are common advantages of all APFs, which, if we rely on Wikipedia information, are about 270 in Russia.
Concerning reliability : it is provided by the state itself, exercising control over the activities of APFs. Further. Between the fund and the person a contract is concluded that lays down guarantees for the fulfillment by the Fund of its obligations. In addition, according to the Federal Law “On Non-State Pension Funds”, the clients' pension funds are in a separate account and cannot be used to pay off the fund’s debts.
It seems to me that the question is quite serious and interesting, so I would like to stimulate its discussion. Perhaps there are people here who use the services of APFs and will be able to tell some details, perhaps, to highlight any serious disadvantages.
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Here you can see the ratings of funds: www.raexpert.ru/ratings/npf
NPF - Non-State Pension Fund
Receiving a plastic card in a bank today, I first encountered the concept of APF.
The bank, as a partner of one of the NPF, offered its services.
For those who are not familiar, in short : the non-state pension fund offers instead of the Pension Fund of the Russian Federation (selected by default) to manage the funded part of your retirement pension.
')
What benefits does it bring?
- Yield . The interest rate of APF is higher, and much more. Personally, when I talked about aspects, I showed an approximate amount with my current earnings. She surprised me.
- Operational information about the status of the account . The APF will annually notify you about the status of your account. In addition, it is possible to receive timely information on the results of investment. Some NPFs have online classrooms or their equivalents.
As far as I know, these are common advantages of all APFs, which, if we rely on Wikipedia information, are about 270 in Russia.
Concerning reliability : it is provided by the state itself, exercising control over the activities of APFs. Further. Between the fund and the person a contract is concluded that lays down guarantees for the fulfillment by the Fund of its obligations. In addition, according to the Federal Law “On Non-State Pension Funds”, the clients' pension funds are in a separate account and cannot be used to pay off the fund’s debts.
It seems to me that the question is quite serious and interesting, so I would like to stimulate its discussion. Perhaps there are people here who use the services of APFs and will be able to tell some details, perhaps, to highlight any serious disadvantages.
-
Here you can see the ratings of funds: www.raexpert.ru/ratings/npf
Source: https://habr.com/ru/post/90433/
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