Norilsk Nickel is looking for a potential buyer for its pension fund worth 5.3 billion roubles.
Managing the savings of more than a million people, it has some 53 billion roubles on its account.
However, the fund has been implicated in several scandals and has been posting losses, with Norilsk Nickel being forced to plug the hole.
Also, there's a lot of uncertainty concerning an ongoing pension reform so many owners of pensions funds have been considering this option.
Sources: http://www.vedomosti.ru
Author: Mikhail Vesely