Mutual funds in March topped the AUM peak of 2021

Total assets under management at the end of March increased by 41.81% over the same month of the previous year, stated Fernando Osorio, Secretary General of the AAFM.

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Executive from Habitat appointed as president of the AAFP

Will Assume the position vacated by Giovanna Prialé, who has taken over the presidency of FIAP.

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AFPs emerge strengthened after enactment of pension reform

Despite the entry of new players, several measures are being considered to increase contributions to the individual accounts of their participants.

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Insurance companies and municipal savings banks gear up for the pension business in Peru

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.

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Congress approves pension reform

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.

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Anka Safi registers its funds in the integrated Latin American Market

The Peruvian fund manager has two factoring funds, one in soles and one in dollars.

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Analysts doubt that President Boluarte will veto the seventh retirement bill

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.

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AFP Integra strengthened with new partner from Apoyo Group

José Carlos Saavedra Solano took over the top job of the pension fund manager.

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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.

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AFPs likely to begin to receive an injection of flows from pension debts next year

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.

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