In the midst of implementing pension reform, the Colombian president has taken a gamble by prohibiting investment of workers' savings abroad.
ACCAIs face the challenge of retaining contributors with high balances
June 27, 2025 by
The pension reform opened a window of opportunity for contributors who are less than ten years away from retirement to move from the private to the public regime, and vice versa.
Banco de la Republica’s international investment modality still in doubt
March 25, 2025 by
The investment regime, including alternative assets, should be operational on July 1 together with start-up of the pension reform.
Positiva Seguros joins the list of ACCAI
March 11, 2025 by
This move places the Colombian government in direct competition with former AFPs.
Chilean executive takes over Colfondos presidency
March 11, 2025 by
His experience in the Chilean pension system was considered critical for dealing with the challenges of the new pension system approved in Colombia.
Porvenir gets 48.1% of participants in ACCAI selection process
March 5, 2025 by
The process showed some correlation with AFPs’ percentage market share before approval of the pension reform.
Mid-January is the deadline for choosing a pension manager
January 3, 2025 by
In this first stage, participants will be allocated to the four existing AFPs but by mid-2025 new managers will be entering the system.
Fast-track passage of pension reform could end up in the Constitutional Court
June 27, 2024 by
The government has already announced a corrective bill to resolve some shortcomings not analyzed by the House of Representatives.
Senate passes pension bill and lower house has a deadline of June 20
May 14, 2024 by
The bill maintains four pillars and designates Banco de la República as manager of the public pension fund.
Skandia identifies growing interest in investing outside Colombia
May 2, 2024 by
In the wake of the uncertainty created by the pension reform debate, some wealth investors have opted to expand their positions in international equity.
