Londar L. Non-state pension provision: characteristics of development in Ukraine

1. Research object: the system of the non-state pension provision in Ukraine. 2. Research purpose: deepening of theoretical and methodological principles and scientific grounding of suggestions and recommendations on improving the system of the non-state pension provision in the context of the Ukrainian economic environment as well as efficiency increase of the domestic financial institutions in the field. 3. Methods: system approach, analysis and synthesis, analogy and comparative analysis, formal logic, statistical methods, graphic and tabular methods of analysis, economic and mathematical methods of design. 4. Theoretical and practical results: general and theoretical approach to determination of such concepts as "pension provision", "pension insurance". Economic essence of the non-state pension provision system and its elements has been revealed: legal groundwork, institutes, financial mechanism. Suggestions on improvement of financial activity of the non-state pension funds and life insurance companies in Ukraine through improvement of the financial management, financial methods, levers, techniques have been made. Introduction of new financial instruments the in the sphere of the non-state pension provision has been grounded, in particular state bonds indexed prior to inflation which are advantageous for both the state and financial institutions. 5. Scientific novelty: for the first time ever a new financial instruments model for pension assets investing has been developed, in particular introduction of the services on non-state pension provision of state bonds with prior to inflation indexed profitability on the domestic market. In conditions of the Ukrainian economic environment it can provide effectiveness of budget costs and enable financial institutions to increase inflation resistance of assets as well as trust into their activity and give possibility to involve the additional savings of households in the non-state pension provision. 6. Degree of introduction: theoretical and methodological principles and practical mechanisms of the tax regulation of insurance market in Ukraine developed in the dissertation have been used by the Tax and Custom Policy Department of Ministry of Finance of Ukraine; methodological approach on improvement of financial mechanism of life-insurance companies developed in the dissertation has been introduced in some domestic insurance companies; theoretical positions of dissertation have been used in the educational process of the Ukrainian state university of finance and international trade; conclusions and recommendations formulated based on the research results on alteration of the internal financial market have been used for preparation of the research work "Public policy of financial markets development". 7. Sphere (industry) of use: Tax and Custom Policy Department of Ministry of Finance of Ukraine, domestic insurance companies, non-state pension funds, as well as higher educational establishments for educational purpose.