Allianz, T. Rowe Price and Twin Bridge Capital Partners were the fund sponsors gaining approval for new products in May.

At the end of April, 18 funds were offered in Chile in this category.

An increase of one percentage point in participants’ contributions is scheduled for August this year, and the transfer of 10% of current participants should be completed by June 2028 following the result of the bidding process.

The measure was enacted by the CMF in response to a petition submitted by Credicorp Capital, the sole investor in the two Sartor-funds.

Ministry launches search for successor to oversee reform implementation.