Non-governmental pension funds of the Russian financial market: current status and prospects for development

Fiapshev Alim Borisovich

The article analyzes the key aspects of the development of non-governmental pension funds of the Russian financial market. In recent decades, the dynamics of this sector was determined by the macroeconomic situation and related decisions on the development of the national pension system. The contradictory nature of these decisions led to the uneven dynamics of this sector and revealed the underestimation of the regulators' role in the development of the savings system and the financial market. Taking into account the accumulated domestic and foreign experience in regulating the sector of autonomous pension funds, its capabilities in stimulating savings and the investment process, key measures to support its development have been identified.

Keywords:non-governmental pension funds, pension savings and reserves.