Despite the entry of new players, several measures are being considered to increase contributions to the individual accounts of their participants.
Insurance companies and municipal savings banks gear up for the pension business in Peru
September 12, 2024 by
The pension reform to be enacted by the Executive allows new players to enter the sector in a bid to promote competition and reduce fees.
Congress approves pension reform
June 11, 2024 by
The legislation now goes to the president who could return it to Congress, although he is expected to sign it. The main issues for AFPs are new players, the productivity fee and the end of withdrawals.
Anka Safi registers its funds in the integrated Latin American Market
May 10, 2024 by
The Peruvian fund manager has two factoring funds, one in soles and one in dollars.
Analysts doubt that President Boluarte will veto the seventh retirement bill
April 25, 2024 by
Internal political and governance situations are likely to push the executive into signing a bill that was passed with a large majority and multiparty support.
AFP Integra strengthened with new partner from Apoyo Group
March 10, 2024 by
José Carlos Saavedra Solano took over the top job of the pension fund manager.
Peru, Colombia and Chile raise basic pensions
February 8, 2024 by
The 2023 inflation adjustment measures have been presented in the framework of the debate on the reforms to the private pension system.
AFPs likely to begin to receive an injection of flows from pension debts next year
February 2, 2024 by
The Superintendency of Banking, Insurance and AFPs (SBS) created a mechanism for regularizing debts which would transfer around USD 1.2 billion into the Private Pension System over the next 10 years.
Private investors could be the new target for real estate funds
January 3, 2024 by
Luis Marcelo Indacochea, general manager of Core Capital, said the freezing of AFP investment in alternatives will push industry players to look for other sources of financing.
Peruvian government proposes pension system reform
November 29, 2023 by
Prohibition of new withdrawals and entry of new players into pension fund management are some of the innovations.
