Fund to support Russia's pensions

clock •

RUSSIA - A new fund has been created to support Russia's pension systems, the country's finance ministry has announced.

The government has set aside US$32bn (€21.4bn) for the National Welfare Foundation, for shortfalls in the pensions system. The creation of the fund, along with a Reserve Fund, was the result of ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Russia

Russia

Kudrin pension plan attacks Putin party, Isayev Says

RUSSIA - Russian Finance Minister Alexei Kudrin's proposal to raise the retirement age is an attack on the United Russia party that Prime Minister Vladimir Putin chairs, a senior party official said.

Maria Levitov at Bloomberg News
clock 02 July 2010 •
Russia

Russia's pension reform a work in progress

Raquel Pichardo-Allison talks to Pavel Teplukhin, president of Troika Dialog Asset Management, about the state of Russia's pension reform five years after the second pillar went into force

Raquel Pichardo-Allison
clock 08 March 2010 •
Russia

Barclays taps new Russia investment management head

RUSSIA - Barclays Bank has hired Bob Foresman as managing director to lead its Russian investment management and investment banking business, the bank said today.

Raquel Pichardo-Allison
clock 21 September 2009 •
Trustpilot