Open AccessThe influence of the risk-oriented system of funded pension provision on the socio-economic security of the state
Author(s) -
Світлана Ачкасова
Publication year - 2021
Publication title -
ekonomìka, fìnansi, pravo/ekonomìka. fìnansi. pravo
Language(s) - English
Resource type - Journals
eISSN - 2786-5517
pISSN - 2409-1944
DOI - 10.37634/efp.2021.11(3).1
Subject(s) - pension , business , identification (biology) , investment (military) , risk management , pension system , actuarial science , state (computer science) , finance , political science , computer science , botany , algorithm , politics , law , biology
. The implementation of a risk-oriented approach is an important issue for implementation in various fields.The purpose of the paper is to assess the impact of the risk-oriented system of funded pension provision on the socio-economic security of the state.The method of analysis of T. Saati's hierarchies was used to assess the impact of the instruments of the risk-oriented system of accumulative pension provision on the socio-economic security of the state.Results. The highest priority is given to 3 instruments: use of tools for identification and formation of risk profile of accumulative pension entities – 1st place (0,295), introduction of internal risk management system for funded pension entities in the field of funded pension provision – 2nd place (0,278); establishment of general requirements to the performance indicators of the subjects of accumulative pension provision, in particular financial monitoring – 3rd place (0,166).Conclusion. Scenarios for the development of socio-economic security of the state are modeled. It is determined that the scenario of accelerated development is more probable in assessing the impact of instruments for implementing a risk-oriented system of funded pension provision, in particular: use of tools for identification and formation of a risk profile of the activities of the subjects of the accumulative pension provision; use the criteria of risk-oriented composition of investment areas of pension assets in the field of funded pension provision; use of FINTECH, REGTECH in the field of funded pension provision; use of financial mediation in the field of funded pension provision; establishment of general requirements to the performance indicators of the subjects of funded pension provision, in particular financial monitoring; introduction of an internal risk management system for the activities of the subjects of the funded pension provision in the sphere of the funded pension provision.