OREANDA-NEWS. January 04, 2016. Bank of Russia decided to cancel series AVII-004 qualification certificate No. 006548 of financial market specialist in the activity of non-governmental pension funds on non-governmental pension provision, obligatory pension insurance and professional pension insurance issued to Natalia Savina.

The reason to cancel the certificate was repeated violations by Natalia Savina of requirements of the Russian pension legislation. Natalia Savina acted as the sole executive body of the joint-stock company Non-governmental Pension Fund Blagovest (hereinafter, the Fund) during the period when the Fund committed repeated violations of requirements of the Russian pension legislation due to which the Fund’s licence to carry out pension provision and pension insurance No. 128/2, dated 27 July 2004 was cancelled (Bank of Russia Order No. OD-2998, dated 2 November 2015).