The operation and importance of portfolio management in individual pension system and automatic participation system.A qualitative application for the automatic participation system

The Private Pension System and the Automatic Participation System are systems introduced to provide citizens with a good life during their retirement periods. In addition, it contributes to the national economy at macro and micro levels. The aim of this study, is to examine the perspectives of the participants in Turkey is the Individual Retirement System and Automated Attendance System. It is also to investigate the level of knowledge of the participants about Portfolio Management and funds. And to investigate what factors the participant is looking at when making his decision about the Auto Attendance System. In our study, In-depth Interview Technique was used. And 24 participants were asked 8 questions about the Private Pension and Automatic Systems. As a result, it was revealed that the participants did not have a good level of knowledge on financial issues such as portfolio management, the system did not have enough publicity, and the system was seen as a means of accumulation rather than investment. Keywords: Private Pension System, Automated Participation System, Portfolio Management, Investment, Accumulation, Savings, Fund Management