On increasing the role of savings and investment mechanisms in the development of the Russian stock market

Subject. This article focuses on the role of investment mechanisms in the transformation of household savings into equity capital of the Russian economy. Objectives. The study aims to identify the potential of savings and investment mechanisms in the development of the Russian stock market, and develop proposals for its disclosure. Methods. For the study, I used methods of analysis, synthesis, induction and deduction. Results. The article proposes a number of measures to strengthen the motivational components of an individual investment account and a long-term savings program. It also draws conclusions about the insufficient motivation of households to accept the temporary structure of risks and the low target return of tax incentives. Conclusions. In order to unlock the identified potential, authorized government agencies need to apply a systematic approach involving the development of a national savings and investment strategy that would clearly link tax and other benefits with the quantitative needs for funding specific sectors of the economy.