Date: 7 months ago   Category: Finance

The Central Bank has charged to association of NPF to inform citizens on rules of change of NPF — Rambler News Service


Photo: globallookpress.com/ALEXEY BYCHKOV the Service of the Central Bank on consumer protection and ensuring availability of financial services has charged to the Association of the Non-state Pension Funds (ANSPF) to consider a question of the organization of informing citizens of a new order of transition from one NPF to another or in the Pension Fund of the Russian Federation and to provide an order and terms of realization of actions till November 1, 2018 (the copy of the letter is at the disposal of RNS). "The service on consumer protection and ensuring availability of financial services for protection of the rights of the insured persons and prevention of abuses in connection with lack of information of citizens on new changes offers... ANPF together with NPF, being a part of ANPF to consider a question of the organization of informing citizens of a new order of transition from one NPF to another or RPF" — it is said in the letter. It is noted that the Central Bank waits for an order and terms of realization of actions till November 1, 2018. "We ask to notify service to 11/1/2018 on results of consideration of these recommendations" — follows from the letter. In ANPF have confirmed a receipt of the letter from the Central Bank. The press service of NPF Budushchee has said that have received the recommendation from ANPF of consideration of a question of the organization of informing citizens during the changing of NPF or transition from NPF to RPF. The Central Bank has reported that informing the population is necessary that people made conscious decisions when changing NPF. "In connection with entry into force of changes in the legislation of the Russian Federation on the non-state pension funds of NPF have to inform citizens on new rules of transition between funds. These obligations have been imposed on NPF as they directly interact with the insured persons. Similar practice will help to capture most widely target audience, to increase knowledge of the population and protection of the rights of clients of NPF. Increase in level of knowledge, in turn, will lead to the fact that the insured persons will make more conscious decisions on change of the insurer – it is the purpose of information campaign" — RNS in the Central Bank have reported. In July, 2018 the President of Russia Vladimir Putin has signed the law on introduction of amendments to the pension legislation according to which citizens have to be informed on consequences of change of NPF or transition from NPF to RPF. In particular, citizens have to receive data on size of the lost investment income at implementation of early transition to the new insurer.

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