How to transfer pension savings into trust management

The trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan on the basis of a trust management agreement concluded between the National Bank of the Republic of Kazakhstan and the UAPF.

Since the beginning of 2021, Kazakhstanis have had the opportunity to use part of their pension savings from the UAPF for alternative purposes, namely, citizens of the country can use these funds to improve housing conditions, pay for treatment or transfer to management of investment companies.

In this article, we will tell you how to transfer part of your pension savings into the trust management of an investment portfolio manager (IPM).