Chile’s incoming administration has decided to appoint former CMF chairman Joaquín Cortez as head of the Pension Superintendency, replacing long-serving superintendent Osvaldo Macías.
Chile’s pension regulator faces leadership transition and legal challenge from AFPs
March 25, 2026 by
CCR Monthly Approval Report – February 2026
March 9, 2026 by
A total of 19 products were added in the month from 12 different asset managers: ACRE Advisors, Amundi, Archimed, Bice, BlackRock, Eastspring, Invesco, iShares, MGG Investment Group, Stellex Capital, Stone Harbor and VanEck.
Chilean pension regulator proposes 15 lifecycle funds
March 4, 2026 by
The Superintendencia de Pensiones has proposed a new lifecycle regime set to take effect in 2027, including benchmark portfolios and structural reviews every three years.
Chile’s FAPP Investment framework delays alternatives allocation
February 25, 2026 by
New rules impose a 24-month ban on private markets, cap equities at 60%, and set a 50–80% international allocation range.
ETF listings approved by the CCR reach 875 products
February 19, 2026 by
Asset managers are expanding their ETF footprint in anticipation of asset allocation shifts driven by Chile’s pension reform, positioning themselves for the transition to a generational fund structure.
CMF consolidates AGF regulations, raising compliance and operational demands
February 16, 2026 by
Nearly 80 separate regulations will now be consolidated into a single regulatory framework, incorporating enhanced disclosure requirements and international best practices.
Former AFP Capital executive leads new AFP initiative
February 12, 2026 by
This would be the fourth initiative currently under evaluation or in the planning stages by their respective sponsors.
CCR Monthly Approval Report – January 2026
February 6, 2026 by
Sponsors gaining approval were Amundi, Azimut, Blue Owl Capital, Echiquier, Eurazeo, Invesco, iShares, Leonard Green and M&G.
SP sets limits on indirect fees
February 4, 2026 by
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
January 28, 2026 by
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.
