Private pension systems which are one of the important and essential parts of the social security system provide subsistence level to individuals and make oneself comfortable in situations such as sickness, old age and accident. Private pension systems, one the one hand satisfy social security needs, one the other hand constitute private pension funds gathering individuals’ contributions in a pool. Private pension funds are funds managed by professional portfolio management companies in order to benefit to participants during the retirement period, gathering in a pool contributions paid participants within private pension companies. Private pension funds invest portfolio which consists of cash, bank deposit, participation account, public bond, corporate bond, treasury bill, commercial bill, repo, reverse repo, stocks, derivative products, warrants and lease certificates. Taxation incentives play an important role transferring long term savings to economy by means of private pension funds. Private pension funds which exist in world for a long time, in today consists of large part of savings and satisfies long term resource requirement especially in emerging countries. In our country, private pension fund practices have started from 2003 and increased asset values and number of fund growing in a short span of time. Long term fund flow is raised to economy and financial markets by means of private pension funds. In this way, resource requirement of public sector, private sector and financial markets is satisfied, increase country’s savings, improve capital markets, increase employment and as a result of all these the level of country’s development increases. Year: 2014 Volume: 1 Issue: 3 BİREYSEL EMEKLİLİK YATIRIM FONLARININ YAPISAL BİR ANALİZİ
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
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