NPF SAFMAR was established in 1994 and ranks among the largest Russian NPFs: Top6 interms of pension assets under management and Top 5 by the number of clients. The fund provides services on compulsory pension insurance (CPI), participates in the state program on co-funding pension savings, and carries out non-state pension plans for individuals and legal entities. In 2016 the fund integrated three NPFs: European Pension Fund, REGIONFOND and Obrazovanie I Nauka. As a result, the pension assets under the Fund’s management increased by5.5 injust one year, while its client base expanded by more than 9 times.
NPF SAFMAR participates in the Central Bank’s system for guaranteeing the rights of insured persons and has the national credit rating ruA- fromRussia’s leading rating agency Expert RA (RAEX). The Fund is also a member of the self-regulatory organisation – the Association of Non-Governmental Pension Funds (ANPF) and the Association of European Business (AEB).
100% owned by SAFMAR Financial investments
Company management: Mikhail Gutseriev (Chairman of the Board of Directors)
23 years on the asset management market
RUB 206+bn assets under control
> 2.3 million clients
The return on investment of retirement savings for the six months of 2017 amounted 3.44%, of pension reserves – 3.76%*.
In 2017, NPF SAFMAR will commit itself to strengthening its position among non-governmental pension funds inRussiaand enhancing client acquisition. The Fund’s longterm strategic goal is to evolve into the largest private non-governmental pension fund in Russia combining high growth rates of its client base, efficient and reliable investment of retirement savings and pension reserves, and financial health based on advanced risk analysis and management systems. The Fund will remain focused on insured persons, corporate and retail clients interested in non-state pension plans. As part of the long-term strategy, the Fund’s management will primarily strive to:
- expand its client base;
- develop corporate non-state pension plans (NSPP) as Fund’s core product;
- develop individual NSPP;
- increase of loyalty among current clients;
- increase the NSPP share in the Fund’s business;
- enhance operating efficiency; and
- improve customer experience.
*The calculation is based on the Disclosure Standards for Investments of Retirement Savings approved by the Russian Ministry of Finance (Order No. 107n dated 22 August 2005).