There are quite a lot of financial mechanisms for accumulating funds in Russia, so there is no particular need to create a voluntary long-term savings program. About this TV channel “360” aforementioned Dmitry Golubovsky is a financial analyst at the Golden Mint.
He noted that not all financial mechanisms have been created that allow citizens’ savings to function as they should. He cited savings programs in the form of investment life insurance as an example.
“As a rule, he receives high commissions from insurance companies and banks, and the tax cuts are low. There is also a retirement savings system that has completely failed.”
According to him, the Russian government should work for the benefit of the economy, which will increase the incomes of the Russians.
“In this case, the Russians will not think about how and where they can store funds to multiply. Golubovsky concluded: And I am skeptical of such “innovations” of the government.
In July, Russian President Vladimir Putin enacted a long-term savings program for citizens. According to the government, it will start work in January next year and will help involve Russians in the investment process. You can become a member of the program from the age of 18, for which you will need to conclude a special agreement with a non-state pension fund.
President the day before asked The Bank of Russia and the Cabinet of Ministers will make the voluntary long-term savings program convenient and reliable for citizens.
Financial advisor Alena Nikitina previously aforementionedThe Public News Service reported that it is better for Russians to invest in real estate.
The former Russians in your name Three rules for saving.