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
This move places the Colombian government in direct competition with former AFPs.
Chilean executive takes over Colfondos presidency
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
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
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
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
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
In the wake of the uncertainty created by the pension reform debate, some wealth investors have opted to expand their positions in international equity.
Outlook for pension reform looks fairly good but with deadlines
Mid-June is the deadline for legislative proceedings for the government bill. Political negotiations will be intense.
Peru, Colombia and Chile raise basic pensions
The 2023 inflation adjustment measures have been presented in the framework of the debate on the reforms to the private pension system.