Cite this article as:

Troekurov P. S. Financial and Legal Basics of Individual Investment Accounts: the Experience of Developed Countries and Prospects in Russia. Izv. Saratov Univ. (N. S.), Ser. Economics. Management. Law, 2016, vol. 16, iss. 3, pp. 326-? DOI: https://doi.org/10.18500/1994-2540-2016-16-3-326-332


Heading: 

Financial and Legal Basics of Individual Investment Accounts: the Experience of Developed Countries and Prospects in Russia

Introduction. The article is devoted to new Russian financial instrument – individual investment accounts (IIAs), which is widespread in developed countries. Active participation in operations on the stock market is an indicator of its maturity, providing the transformation of individual savings into an economy needs investment. Theoretical analysis. The explores the use of IIAs in the US and the UK. The experience of these countries for Russia not only because the economy receives a «long money», but many families invest in these tools in order to obtain a higher return than on Bank deposits. Important tax benefits for a certain amount of fees at IIAs. Conclusions. The result of this study was to identify the need to create in the Russian Agency on insurance of investments in IIAs, and to consider the extent of investment risk factors must be used. The conclusion about the possibility to renegotiate the terms of the annual contributions of IIAs is to provide the right to transfer fees for next year, and in exceptional cases – to use part of the IIAs.

References: 

1. The Employee Retirement Income Security Act (ERISA). Available at: http://www.dol.gov U.S. Department of Labor (accessed 11 December 2015).
2. Investment Company Institute. 2015. Ten Important Facts About IRAs. Available at: http//www.ici.org/pdf/ten_facts_iras.pdf (accessed 14 December 2015).
3. ICI Research Perspective. January 2015. Vol. 21, № 1A. Washington, DC 20005. P. 1. Available at: http//www.ici.org (accessed 16 December 2015).
4. Krivosheeva I. Individual’nyi investitsionnyi schet: chem Rossii polezen opyt zarubezhnykh stran [Individual savings account: the Russian useful experience of foreign countries]. Rynok tsennykh bumag [Securities market], 2014, no. 9, pp. 38‒40.
5. A Review of Trends and Activities in the U.S. Investment Company Institute. 2015. 55th edition. Available at: http://www.icifactbook.org (accessed 10 December 2015).
6. Individual Savings Account (ISA) Statistics. HM Revenue and Customs. August 2015. 100 Parliament Street, London, SW1A 2BQ. Available at: http//www.statistics.gov.uk (accessed 5 December 2015).
7. O rynke tsennykh bumag: federal’nyi zakon ot 22.04.1996 № 39-FZ (red. ot 30.12.2015). Stat’ia 10.2-1 (On the Securities Market. Federal law of 22.04.1996 № 39-FZ (an edition of 12.30.2015). Article 10.2-1. Р. 9). ATP «Consultant» [electronic resource].
8. O vnesenii izmeneniy v stat’iu 27.5-3 Federal’nogo zakona «O rynke tsennykh bumag» i chasti pervuiu i vtoruiu Nalogovogo kodeksa Rossiiskoi Federatsii : federal’nyi zakon ot 28.12.2013 № 420-FZ (About modifi cation of article 27.5-3 of the Federal law «About the Security Market» and part the fi rst and second Tax code of the Russian Federation. Federal law of 28.12.2013 № 420-FZ). ATP «Consultant» [electronic resource].
9. Yakovleva M. L’gotnye investitsii (Preferential investment). Available at: URL: http://www.kommersant.ru/doc/2730749 (accessed 12 November 2015).
10. Investitsionnyi bonus (Investment bonus). Available at: http://www.nashidengi.ru/ (accessed 12 December 2015).

Full Text (PDF): 
Status: 
опубликована
Short Text (PDF):