RU
Aug 5, 2016
NPF FUTURE begins the procedure of reorganization in the form of merging NPF Uralsib and NPF Russian Standard

NPF FUTURE announces the beginning of its reorganization in the form of merging NPF Uralsib NPF and NPF Russian Standard, which are also part of the O1 Group holding. The reorganization is to be completed in Q4, 2016.
As a result, the amount of pension savings managed by NPF FUTURE will comprise RUB 245 bln and the number of insured persons will amount to 4 million people (as of June 30, 2016).

Nikolay Sidorov, NPF FUTURE's CEO, stated:

"The retirement business today is a strategic business line for our main shareholder – the O1 Group holding company, and NPF FUTURE is developing in tandem with it. The clients of NPF Uralsib and NPF Russian Standard will be serviced by one of the leading and most reliable private pension funds in Russia. Our key task is to provide them with high-quality and convenient services using the best practices for the funds. Investment reliability and the security of retirement savings are our key principles."