Alexander Kupriyanov
- Features
Attention turns to low returns
Kazakhstan was the first country of the former USSR to implement a pension reform. A funded pension pillar has been working there since 1998. It operates in parallel with the pay-as-you-go system inherited from Soviet times. Along with mandatory pension contributions there are also voluntary and voluntary/occupational contributions.
- Features
Russian pension reform: reloaded
Why ‘fallen banner’ of pension reform looks like being carried forward.Alexander Kupriyanov and Vadim Loginov report
- Features
Russia gets taste of market
Non-state (private) pension funds (NSPFs) consider September 1992 the birth date of the pension industry in Russia. At that time President Yeltsin signed a decree making it possible to set up the first funds.
- Features
Getting ready for dramatic growth
The asset management industry in Russia is comparatively young and does not have a long history. The first civilised forms of regulating this market date back to 1995 when there appeared the Federal Commission for Securities Market (FCSM), licensing of asset management activities, and the first specialised money management companies. ...
- Features
Russian evolution
The new Russian pension system, based on the Swedish funded system, was launched on 1 January 2002 when the new pension legislation was enacted. Originally, males born before 1952 and females born before 1956, did not get the right to participate in the funded pension pillar. For everyone else, employers ...
