“We conceptually support and are discussing the proposal to convert insurance and management companies into PDS operators. [наряду с негосударственными пенсионными фондами]. Conceptually, this is the right idea, we need to move in this direction so that there is more competition in the market and citizens have more choice,” Chebeskov said, answering a question from Rossiyskaya Gazeta at the RA expert forum “The Future of the Insurance Market.”
The timing of the implementation of the proposal has not yet been announced, as changes must first be made to the current legislation. “It is a rather difficult question: how to introduce this into legislation, this implies a significant revision of the laws on insurers. We are approaching it very seriously, it is not just a matter of putting a comma in a document and adding insurance companies there. The Central Bank knows the best way to do it, but the direction is right,” he stressed.
Earlier, the head of one of the Bank of Russia’s departments, Olga Shishlyannikova, said that between January and September 9, Russians invested 64.7 billion rubles in the long-term savings program.
