OREANDA-NEWS. 'Expert RA' rating agency confirmed 'TNK-Vladimir' PPF reliability rating А++, which means extremely high reliability. The rating outlook changed from stable to developing. The developing outlook means equal probability of downgrading or maintaining the rating in the mid-term.

High ratio of the insurance provision to PLP, high risk management quality and conservative structures of placing pension provisions and of investing pension accruals had a positive impact on the Foundation rating. In addition, the significant exceeding of accrued profitability from placing pension provisions over the accrued inflation, the exceeding of accrued profitability from investing pension accruals over the accrued inflation and high reliability of PSA placement were highlighted. High diversification of pension provisions by management companies and moderately broad business geography were also noted as positive factors.

The low ratio of PSA to pension funds, concentration of all pension accruals in management of one management company, the impossibility to highly assess reliability and service quality of the major management company were regarded as the rating-restraining factors.