Non-state pension fund "Sberbank": customer reviews, rating, advantages. Sberbank NPF hotline

The funded pension system is one of the elements of the pension reform. Citizens have the opportunity to independently save funds that will be paid to them in the form of an additional pension. NPFs operate on the principle of a deposit program with the payment of returns, the amount of which in any case will exceed the inflation rate.

NPF Sberbank is one of the most reliable and largest operators in Russia.

Background information about Sberbank NPF

You can now open an individual pension plan for Sberbank NPF in Sberbank Online

Sberbank clients can now start investing in their future pension in Sberbank Online. In the bank’s application, in the “Investments and Pensions” section, it became possible to draw up an agreement on an individual pension plan (IPP) for Sberbank NPF.

Registration of the IPP is available to all users of the Sberbank Online mobile application on the iOS and Android platforms. Thanks to the intuitive interface, concluding a contract takes no more than three minutes. Clients can also replenish their pension account online, activate automatic payment if desired, and also track the amount of savings and accrued investment income in Sberbank Online. At the end of 2021, the yield on contracts of the individual pension plan “Target” in the Sberbank Non-State Pension Fund amounted to 9.64% per annum.

“Today, almost 1.5 million people are forming a future pension in the Sberbank Non-State Pension Fund using individual pension plans. Thanks to the integration of our fund's services into Sberbank Online, the execution of individual entrepreneurial agreements becomes even simpler and more convenient. With going online, we expect a significant increase in the number of clients who will be helped by Sberbank NPF to form a financial reserve to maintain their usual level of income after finishing their working career,” said Alexander Zaretsky, CEO of Sberbank NPF.

An individual pension plan is a financial instrument that allows you to comfortably save for a future pension, independently choosing a convenient schedule and amount of contributions. The accumulated funds grow annually due to investment income and have a special legal status: they are not subject to division in the event of a divorce or collection by third parties, but can be transferred by inheritance.

“The Wealth Management block continues to consistently go online. Thus, at the end of 2021, a separate section “Investments and Pensions” appeared on the main page of the bank’s mobile application; from the beginning of March in Sberbank Online you can invest money in open-end mutual investment funds (UIFs) “Sberbank Asset Management”, and now we are announcing the withdrawal to Sberbank Online of one of the key products of Sberbank NPF - an individual pension plan. In 2021, we will bring online all the block’s products, the “digital” sale of which is permitted by law, and will also digitize at least three quarters of post-sale customer service,” said Natalya Alymova, senior vice president, head of the Wealth Management block.

On March 17, 2021, Sberbank NPF celebrated its 25th anniversary since its founding. Today the fund is the flagship of digital solutions in the pension industry. Clients can remotely use all services on the fund’s website and in the Sberbank Online application.

iOS - iOS, Android - android

How to switch to Sberbank NPF

The funded part of the pension is formed for every working young person. The money is accumulated in the accounts of the Russian Pension Fund. By keeping money in a government institution, the investor does not receive investment income, so NPF offers look more attractive.

The procedure for transferring deposits from the Pension Fund to the Sberbank fund includes several main stages:

• conclusion of the OPS agreement. To do this, a citizen applies to a branch of the Sberbank Fund with a passport and SNILS. The agreement is concluded quickly because the NPF uses a client-oriented approach;
• contact the Pension Fund of Russia with an application to transfer the funded part of the pension to a non-state pension fund. This can be done in 2 ways: a direct visit to the Pension Fund office, submitting documents through the government services portal. When submitting an application you will need: a passport and SNILS (the usual package of documents);
• waiting for a decision to be made. There is a mandatory condition: a citizen must submit an application to the Pension Fund no later than December 1 of each year.

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The algorithm for transferring a funded pension to Sberbank NPF does not involve any difficulties. The procedure for submitting documents can be completed in literally 1 - 2 days.

Pension savings in the Pension Fund of the Russian Federation

If you leave the pension capital in the Pension Fund, you will not need to waste time looking for another company. But in this case, savings will remain unchanged at Vnesheconombank, because this state corporation takes into account only annual indexation. It does not cross the inflation threshold.

On the other hand, the Pension Fund guarantees reliability. Therefore, the option of bankruptcy disappears with him. Cash savings in the Pension Fund are not subject to taxes, and the state bears responsibility to depositors. All these factors can be attributed to the positive aspects of the Pension Fund. But it also has several negative aspects:

• the interest rate is not particularly high;
• there are restrictions in the field of investment;
• profitability is low.

Every year, the difficult economic situation in Russia negatively affects the profitability of Vnesheconombank, so Russians should not expect high results in the near future.

Potential risks for clients

A non-state pension fund is a company that acts as an operator of pension contributions for investors. There are some risks in operating this type of organization.

The main problems can be identified as follows:

• low level of profitability. Based on the quarterly results, the fund may or may not receive investment income. Accordingly, the increase in the investor’s pension savings depends on the organization’s performance in the stock market;
• distrust of the majority of the population towards reformist innovations;
• the need to allocate significant amounts of expenses for the operation of the fund itself, that is, high costs, which also reduces profitability;
• imperfect legislation. Many aspects relating to the activities of companies are described extremely superficially in the legislation, so representatives of unscrupulous organizations have room for negative actions.

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04 June 2021 11:03

The PFR branch for the Astrakhan region reminds that insured persons born in 1967 and younger are given the opportunity to choose a pension option and an insurer in the compulsory pension insurance system (hereinafter referred to as the OPS).

? If the formation of pension savings is carried out in the Pension Fund of the Russian Federation (hereinafter referred to as the Pension Fund), the insured person has the right:

• choose one of two investment portfolios of the state management company (VEB Management Company);
• select a private management company from among those selected by competition;
• transfer to a non-state pension fund;
• refuse to form a funded pension and direct 6% of the individual part of the insurance premium tariff to finance the insurance pension.

? If the formation of pension savings is carried out in a non-state pension fund (hereinafter - NPF), the insured person has the right:

• choose another NPF;
• transfer to the Pension Fund of Russia, choosing the investment portfolio of a state management company (VEB Management Company) or a private management company from among those selected by competition;
• refuse to form a funded pension and direct 6% of the individual part of the insurance premium tariff to finance the insurance pension.

Applications of insured persons on the choice of a management company, on the transfer (on early transfer) from the PFR to the NPF, from the NPF to the NPF, from the NPF to the PFR, on refusal to form a funded pension, on the withdrawal of the application for refusal and instructions for filling them out are approved by resolutions of the PFR Board dated 09.09.2016 No. 850p and No. 851p.

the application for transfer is considered positively , the transfer of pension savings (hereinafter referred to as SPN) is carried out after the expiration of a five-year period from the year of filing the application for transfer to a new insurer.

That is, if in 2021 you submitted an application to transfer to the Pension Fund of the Russian Federation, to a Non-State Pension Fund, or from a Non-State Pension Fund to a Non-State Pension Fund, SPT, taking into account investment income, will be transferred to the selected insurer until March 31, 2023.

At the same time, the possibility of early transfer of SPN to the NPF or Pension Fund chosen by the insured person remains possible. The insured may switch to a new insurer in the following year by submitting an early transfer application.

In the event of an early transfer, the transfer of SPV is carried out without taking into account investment income, since capitalization of investment income is carried out after a five-year period of stay with one insurer. If the current insurer showed losses when investing SPT, then they will be reflected in the personal account of the insured person.

That is, if in 2021 you submitted an application for early transfer to the Pension Fund of the Russian Federation, to a non-state pension fund, or from a non-state pension fund to a non-state pension fund, SPT (excluding investment income) will be transferred to the new insurer until March 31, 2021.

These restrictions do not apply to insured persons forming SPV through the Pension Fund, who can annually select an investment portfolio (management company). Applications submitted by insured persons to select an individual entrepreneur (MC) are considered by the Pension Fund of the Russian Federation before March 1 of the year following the year in which the application was submitted.

That is, if you submitted an application to select an individual entrepreneur (MC) in 2021, SPT, taking into account investment income, will be transferred to the selected management company until March 31, 2021.

If an application for transfer is submitted, the insured person has the right to replace the insurer chosen by him under the compulsory insurance policy or the investment portfolio (management company) specified in the application for transfer by submitting a notice of replacement to the Pension Fund of the Russian Federation.

When submitting an application for refusal, the insured person has the right to withdraw it before the end of the year in which it was submitted and continue to form the SPN.

For those insured persons who have never submitted an application to choose an individual entrepreneur (MC) or a non-state pension fund, the so-called “silent ones”, new SPNs have ceased to be formed since 2021, and all insurance premiums paid by employers are used to finance the insurance pension. As for the already formed SPVs, the “silent ones” invest them in the expanded investment portfolio of the State Manager (VEB Management Company).

In accordance with the changes provided for by the provisions of the Federal Law of December 20, 2017 No. 413-FZ “On Amendments to Article 33.3 of the Federal Law “On OPS in the Russian Federation”, from 2015 to 2021, all insurance contributions of citizens paid by employers within the OPS , in full (in the amount of 16%) are sent to the Pension Fund to finance the insurance pension with indexation of the estimated pension capital (i.e., the rate of insurance contributions for the funded pension in the current year is 0%). At the same time, all previously formed SPV of citizens are still invested in the management company or NPF and will be paid in full, taking into account investment income, when citizens receive the right to retire and apply for it.

Profitability of Sberbank NPF by year

To understand the fund's return, you need to take inflation into account. Why is this so? The fact is that it is important for the fund’s clients to increase their pension savings as a result of the company’s active financial and investment activities. To obtain an indicator of the company's net profitability, it is necessary to subtract the total inflation accumulated over the year from the accumulated level of profitability.

The indicators of Sberbank NPF since 2009 are as follows (in%):

The final figures for 2021 are still unknown at this time. As of September 30, 018, the profitability of pension savings (excluding the growth of the reserve fund) was approximately 6.3%. If we characterize the financial and economic results of the company for all years of activity, we can highlight the following features:

• the fund never works in the red;
• cyclicality of high and low incomes. Every 2 - 3 years you can see alternations of significant and small profits from the fund’s activities.

Over the past 2 years, the main trends in the fund’s financial activities are as follows:

• the yield on pension insurance contracts was at least 8.34%;
• the profitability of contracts for non-state pension provision is 8.16%;
• The growth of the total volume of pension savings exceeds total inflation by 7.8%.

Important! Thus, the period 2021-2021 can be characterized as a time of significant improvement in the economic performance of the funds in all areas.

Profitability by year

The profitability of a non-state pension fund is one of the primary criteria when choosing a particular fund. Let us highlight the profitability of NPFs over recent years in the form of a table:

The average annual return is 7.3%.

In the current 2021, it is planned to increase profitability by at least 0.5% compared to last year.