NPF Sberbank: reviews. NPF of Sberbank: profitability

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Pension is the prerogative not only of the FIU, but also of a large number of non-governmental organizations of the relevant profile. One of the most famous is NPF Sberbank. What characterizes the activity of this non-state pension fund? What do customer reviews say? What is the position of this fund in the ratings?

What is a non-state pension fund

Before examining the non-state pension fund of Sberbank, it will be useful to make a short theoretical digression into the main subject of the current issue. What kind of organizations - NPF? Non-state pension funds - what are the specifics of their work and the purpose of the institution?

The first NPFs appeared in the 90s, but for a long time they were not widely used. They are an alternative to the state organization - the Pension Fund of Russia, which became the successor of a similar structure that functioned in the USSR. The creation of private funds was dictated, according to experts, by the desire of the state to reduce the budgetary burden. How?

The fact is that the main amount of pensionState obligations to citizens, based on the specifics of the current social security system in the Russian Federation, arise due to the formation of the funded part of payments. The basic part of the obligations is relatively small - the state largely assumes it.

Non-government pension funds also often provide higher levels of qualifying benefits through asset investment, securities buying and selling, and other legitimate business activities. As a rule, NPFs cooperate with management companies for this purpose, which are in charge of such financial strategies.

Pension reserves in funds are adequately protected by law. In addition, the criteria for allowing NPFs to operate are now quite strict, and therefore a company with a risk of bankruptcy simply cannot enter the market. Now in Russia there are several dozen large NPFs. Among them is the non-state pension fund of Sberbank. What are the specifics of its activity? How big is the profitability of NPF Sberbank for 2013 and expected in 2014?

General information

Let's study general information about the fund under study. The founder of the NPF is Sberbank of Russia, the largest financial institution in our country. The fund was established in 1995, 3 years after the publication of the Decree of the President of the Russian Federation, which became the first legal norm regulating the activities of the company.

This non-state pension fund is a member of the relevant national Association. According to many analyticalagencies, the rating of NPF Sberbank is one of the highest in the range of operating non-state pension funds. According to one of the largest organizations that make up the corresponding estimates, this fund is as reliable as possible. In particular, experts of the National Rating Agency, as well as such an organization as "Expert RA" adhere to such positions.

NPF of the Savings Bank of the Russian Federation refers to organizations that are classified as "open fund". The institution offers a wide range of pension programs for individual and business purposes. In particular, service contracts can be concluded by citizens (both within the framework of compulsory insurance and those providing for participation in the co-financing program) and legal entities. It is possible to conclude contracts on individual terms, within the framework of which a personalized pension plan is drawn up that meets legal criteria.

Addresses of NPF Sberbank can be found in almost any region of Russia. This non-state pension fund is one of the most famous in the Russian Federation, its branches are represented throughout the country in a wide range. The main activity of the NPF is carried out through the offices of the parent company, as well as through the use of the resources of the agent network.

Governance structure

The supreme management structure of the organization is the Fund Council. He is responsible for strategic issues and general management of the institution. The Foundation Council also develops variousregulatory documents, approves pension reserve management plans, calculates profitability and other financial performance indicators.

In the management structure of NPF Sberbank there is also an Audit Commission. It is in charge of control over the economic activities of the organization. The commission is appointed by the Council of the Fund. Also in the management structure of the organization there is a Board of Trustees. In his competence - supervision over the activities of the organization for compliance with the law. The Board of Trustees includes authorized representatives of the fund's clients.

Reorganization

In April 2014, the fund was reorganized and received a new organizational and legal status. Now it is officially called CJSC NPF Sberbank. Prior to this, the fund had the status of a "non-profit social security organization." All rights and obligations of an NPF operating under the previous form of management are transferred without changes to the organization, which began to operate as a joint-stock company.

The value of the authorized capital of the NPF of Sberbank in the form of a CJSC is 150 million rubles. The shares belong to the founder. That is, Sberbank of Russia. The shareholding of the fund, according to experts, is connected with the new requirements of the legislation. According to them, before January 1, 2016, all NPFs, which in their activities operate in the profile of mandatory pension insurance, must be transformed into joint-stock companies. If the NPF operates by combining the OPS and non-state support, then there should bea fund has been formed that is engaged in work in the first direction separately. In turn, NPFs whose activities are related to non-state security are subject to corporatization until January 1, 2019. If funds of the respective type fail to meet the statutory deadlines for conversion, they will be liquidated.

Regalia

NPF of Sberbank is an organization that has managed to receive quite a lot of industry awards for the results of its activities. Which ones should be noted first?

In 2013, for example, the fund was awarded a prestigious diploma by the Expert RA agency (the one that compiles fund ratings). Nomination - "For the development of non-state pension provision". In the same year, the NPF of Sberbank received another award. It is called "The Financial Elite of Russia". The nomination sounds like "Development Dynamics".

In 2012, the NPF of Sberbank was also awarded the "Expert RA" award. But then the nomination sounded differently - "For the high growth rate of the client base for non-state pension funds." In the same year, the NPF received the "Financial Olympus 2011" award. The corresponding nomination sounded like "Retail NPF". It was awarded in a special category called "Dynamics and Efficiency".

In 2011, the NPF of Sberbank also received diplomas from "Expert RA". And in several categories at once. The first - "For high growth rates of the client base". The second - "For improving reliability indicators".

In 2010, as evidencedAccording to data from a number of sources, the NPF of Sberbank was the only organization in its field that won the "Company of the Year" award. The nomination sounded like "Finance". In addition, in the same year, the fund received the "Finance 2010" award. The corresponding nomination sounded like "For visionary strategy".

In 2009, NPF also became the only organization in its field that was awarded the "Financial Olympus" award. The nomination sounded like "Strategy for managing a non-state pension fund." In 2008, the Fund received the "Graf Guryev" award for a great contribution to the development of the industry. In 2007, the NPF was awarded the "Financial Olympus" award. The nomination sounded like "Strategy for managing a non-state pension fund".

Customer opinions

Well, NPF Sberbank has enough regalia. But how do customer opinions correlate with them? What is the nature of the reviews they leave on industry Internet portals? Is NPF of Sberbank a reliable structure, based on the opinion of customers? The question is ambiguous. But we will try to give guidelines for a possible answer to it.

If we take customer feedback from 2014 or previous years as a basis for assessing the activities of NPF Sberbank, we can distinguish two groups of opinions. The first are neutral-negative. The second is positive. Regarding the first. People are impressed by the availability and quality of the service infrastructure created by Sberbank. You can go to any branch of the relevant financial institution andask any questions regarding the work of the NPF, solve the difficulties that arise. At the same time, as some clients note, the level of responsibility of the specialists of some departments, which, quite possibly, is due to the not fully developed mechanism of interaction between the fund and the structure that established it, is not always high. And this is some minus, which reflect the reviews. At the same time, NPF Sberbank is praised for its manufacturability (a little later we will reveal this nuance). They note the high quality of reporting. For example, at the end of the year, clients always receive documents detailing the profitability of Sberbank's NPF for a specific period. This kind of feedback can be attributed to unambiguously positive. Also in this category there are opinions that reflect the high quality of consulting agents who conclude contracts with citizens for pension services. Although, as some experts note, this may not be directly related to the personnel policy of Sberbank.

On public opinion regarding the activities of the fund can speak not only client reviews. NPF of Sberbank is present in a number of so-called "people's ratings" compiled by some industry portals. In this case, as a rule, the quality of service is assessed. The specific positions of the fund, however, vary greatly in different versions of the ratings.

Electronic format

Actually, now about the aspect that reflects the modern infrastructure. Above, we noted that the work of NPF Sberbank is sufficiently technologized - and this has been noted beforeall clients. We are mainly talking about online channels of interaction between the fund and investors. Each client of NPF Sberbank has a "Personal Account", which can be accessed through a browser. In addition, new clients can also apply for registration in the NPF system through the website of this organization. It is enough to scan a photo, passport, SNILS, and then upload them through the online form. According to some experts, modern technologies that are implemented in the NPF of Sberbank ("Personal Account", first of all), will subsequently become the industry standard and will be actively used by other funds as well.

Yield

Now about the actual income. How profitable is it to give a pension under the management of NPF Sberbank? 2014 promises to be profitable, based on the economic situation?

First of all, experts note that the benefit from interaction with non-state pension funds largely depends on the specifics of the contracts concluded between them and citizens. The most profitable contracts are the so-called individual plans. The fact is that they are adapted to a nuance that is relevant for Russia - salaries "in envelopes." In addition, this type of agreement is well suited for citizens with a salary exceeding 47 thousand rubles (since this is the maximum base for calculating pension contributions).

Now to the specifics. What are the profitability indicators of NPF Sberbank for 2013? The figure published by the organization is 6.74%. To the layman, of course, it may seem modest. However, it is higherinflation, which in 2013 amounted to 6.5%. And this is one of the main criteria for interaction with NPFs, experts believe. Objectively speaking, it is problematic for NPF depositors to earn large sums. The most important thing is to protect the pension from inflation. And if the NPF copes with this, then the results of its activities, in principle, can be assessed as positive. That's what analysts think. Well, it copes well with inflation, if you look at the results of 2013, established by such an influential structure as Sberbank, NPF. Customer feedback indicates that the indicators are generally satisfactory to citizens. Although, as NPF depositors note, there are funds where the yield was higher.

At the same time, it makes sense to study the indicators not only for a single year, but also for several years. It has been calculated, for example, that from 2009 to the first quarter of 2013, the profitability of Sberbank's NPFs was about 70%. And this is much, about 31%, higher than the cumulative inflation for the corresponding period. Meanwhile, according to some industry ratings, the average annual profitability of Sberbank NPF is 7.86%.

Prospects

How do experts see the fund's earnings forecasts? What are the chances that positive customer reviews addressed to NPF Sberbank will prevail on industry portals? 2014 is a difficult year for Russia in economic and political terms. How will the sanctions, the fall in oil prices and the ruble affect the profitability of non-state pension funds?

Experts believe that the determining factor here is the actions of the Russian government. All overAccording to analysts, it is likely that the authorities will have to work hard on modernizing the overall strategy for the country's economic development. If the government can withstand the challenges dictated by the external situation, then there is every chance that the savings of citizens in the NPF will grow quite intensively.

Rating aspects and financials

Now about the ratings and financial performance. Is it really worth paying attention to them? To what extent do customer reviews correlate with them? The NPF of Sberbank of the Russian Federation, as you know, is evaluated on the highest scale by agencies of the Expert RA level. According to one of the recent forecasts of this organization, the reliability of the fund will be stable. There are other ratings, which, in particular, take into account such indicators as the number of customers, profitability, and use a number of analytical tools from the field of economics - such as, for example, the Sharpe Ratio. According to them, the fund also occupies quite high positions.

There is evidence that the NPF of Sberbank showed the highest growth dynamics among organizations in its segment in the first half of 2013. According to the volume of savings, the fund entered the top three in 2013. It is known that the company is in the TOP-10 organizations of its profile according to such a criterion as the number of clients with which mandatory pension insurance contracts are drawn up, as well as NGOs.

The average value of a client's contribution to the NPF of Sberbank is about 56 thousand rubles. This indicator is one of the highest among the leadingfunds. In particular, it is about 1.3 times more than the market average. At the end of 2013, the NPF of Sberbank held a market share of 6.65%. The volume of accumulation is more than 72 billion rubles.