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.

A total of five products were added in the month from five different asset managers: Aviva Investors, BlackRock, Tocqueville, Court Square Capital and Great Hill Partners.

Paulina Yazigi, president of the AFP Association, and the industry executives are personally taking a very active role in the discussion on the new pension system to be implemented in the future, especially migration from the ...