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Finance and Credit
 

Risk-based Assessment of Financial Stability of Non-state Pension Funds by Supervisor Organisation

Vol. 18, Iss. 28, JULY 2012

Available online: 27 July 2012

Subject Heading: Pension system

JEL Classification: 

Zhukov А.Е. postgraduate student of Risk management and Insurance department, faculty of Economics, National Research University "Higher School of Economics"
alexander.e.zhukov@gmail.com

Changes of demographic situation in many countries lead to the development of funded pension systems and non-state pension funds (NPF). Issues of financial stability of NPFs are of special importance for supervisor organisations, because funds determine the income of the old-aged people. Methods of assessing funds' financial stability by supervisors in four countries are analysed and compared in the article. Also in the article is shown how different methods affect the policy of the NPF.

Keywords: non-state pension fund, financial stability, risk, supervision/

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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