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Russians slow to entrust private sector with pensions.

Asia Africa Intelligence Wire

| December 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Only a few Russians have resolved to entrust private companies with the management of their pension funds, participants in a seminar focusing on pensions reform said today.

Of 41m citizens who have accumulated pensions benefits, less than 1 per cent have transferred their pensions to non-state management companies. ...

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