Non-state pension funds

The Actuarial Group of KPMG Russia has extensive experience in providing actuarial services to non-state pension funds in Russia. We have completed quite a number of regular audits of retirement benefit liabilities as part of the audit of financial statements and advisory engagements for non-state pension funds, including due diligence of the buyer or the seller, implementation of IFRS 17, development of accounting policies and approaches. 

Our services

  • Independent actuarial assessment of retirement benefit liabilities of non-state pension funds in accordance with IFRS 4 and checking of retirement benefit liabilities as part of audits.
  • Advice on the first-time adoption of IFRS, assistance in the development of accounting policies and approaches.
  • Assessment of the status of funding of non-state pension funds.
  • Advisory services to raise the efficiency of financial activities of non-state pension funds.