Congress ousts President Boluarte amid crisis, approves new pension withdrawals, and reopens debate over a reform that has already reduced pension fund assets to just 10% of GDP.
Eighth pension withdrawal deepens uncertainty over Peruvian private system
September 24, 2025 by
Congress approves new law enabling withdrawals of up to USD 7.6 billion, reinstating 95.5% payout at retirement and repealing mandatory self-employed contributions.
Discussion on eighth pension withdrawal postponed until August
July 7, 2025 by
The Congressional Economics Committee decided to wait for publication of the pension reform regulations.
Bidding for new participants may have generated savings of USD 1.6 billion
June 18, 2025 by
Profuturo AFP began to receive new participants to the system with a 0.68% annual balance fee.
Chilean credit rating agency prepares its entry into the Peruvian market
April 28, 2025 by
After receiving the authorization from Superintendence of the Securities Market, Humphreys has until February 2026 to meet the requirements necessary for full operational approval.
Mutual funds in March topped the AUM peak of 2021
April 24, 2025 by
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.
Executive from Habitat appointed as president of the AAFP
February 20, 2025 by
Will Assume the position vacated by Giovanna Prialé, who has taken over the presidency of FIAP.
AFPs emerge strengthened after enactment of pension reform
October 7, 2024 by
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.
