In general terms, these management fees may not be charged when the investment vehicles offered have more than 10% of their assets invested in instruments that AFPs could invest in directly with relative ease.
Early 2026 brings leadership changes across Chile’s pension system
These include Paulina Yazigi’s planned departure from the AAFP amid speculation about a potential government role, as well as key executive transitions at AFP Habitat.
Investment advisors now influence 5% of Chile’s financial wealth
Registered advisors oversee nearly USD 30 billion in assets under advisory as regulation and demand accelerate the growth of Chile’s advisory market
CCR Monthly Approval Report – December 2025
Bradesco, HSBC, Invesco, VanEck, Wisdomtree, Lone Star Funds and TPG Angelo Gordon were the fund sponsors gaining approval for new product.
Chile clarifies the rules for the creation of new AFPs
New regulations from the Superintendency of Pensions define capital, governance, and outsourcing requirements.
CCR Monthly Approval Report – November 2025
Alpheon, Danske, DPAM, Fidelity, Global X, iShares, Sixth Street, T. Rowe Price and Wellington were the fund sponsors gaining approval for new products in November.
ACHAI estimates that 300 advisors will be registered by the end of 2025
With new regulations, stronger investor protection, and rising demand for independent advice, the role of financial advisors in the Chilean market is likely to deepen in the coming years.
CCR Monthly Approval Report – October 2025
Xtrackers got 37 of its ETFs registered in the month, while UBS had one equity mutual fund approved.
Digital shares are reducing fees in the Chilean mutual fund market
As asset management industry embraces digital channels, investors gain from lower fees, streamlined access, and higher net returns—reshaping competition and accelerating market efficiency.
New bill seeks to expand AUM and strengthen oversight on withdrawals from Chile’s SWFs
The Finance Ministry proposes a reform that could boost inflows to the Fondo de Estabilización Económica y Social and the Fondo de Reserva de Pensiones.





