On banning some operations carried out by non-governmental pension fund
The Bank of Russia took a decision to introduce a
signing new pension agreements and agreements on compulsory pension insurance;
making transactions on independent placement of pension reserves and fulfilling obligations on such transactions;
transferring pension reserves and pension savings to trust management of management companies;
debiting the pension reserve or pension saving account except for paying non-governmental pension and pro-rata pensions, payments to physical successors and transferring the funds (a part thereof) of the maternity (family) capital due to the refusal of the insured person to build pension savings or in the event of his/her death.
The ground to take the decision was the Fund’s failure to comply with the Bank of Russia order to remedy the violation, as well as improper fulfillment of Bank of Russia requirement to provide information needed to execute functions (to exercise powers) of the said authority.
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02.11.2015 00.00.00