Labor Ministry proposal would require AFPs to transfer more than USD 6.8 billion to the state pension administrator Colpensiones.
Chilean pension regulator proposes 15 lifecycle funds
The Superintendencia de Pensiones has proposed a new lifecycle regime set to take effect in 2027, including benchmark portfolios and structural reviews every three years.
Chile’s FAPP Investment framework delays alternatives allocation
New rules impose a 24-month ban on private markets, cap equities at 60%, and set a 50–80% international allocation range.
ETF listings approved by the CCR reach 875 products
Asset managers are expanding their ETF footprint in anticipation of asset allocation shifts driven by Chile’s pension reform, positioning themselves for the transition to a generational fund structure.
CMF consolidates AGF regulations, raising compliance and operational demands
Nearly 80 separate regulations will now be consolidated into a single regulatory framework, incorporating enhanced disclosure requirements and international best practices.
Former AFP Capital executive leads new AFP initiative
This would be the fourth initiative currently under evaluation or in the planning stages by their respective sponsors.
SP sets limits on indirect fees
In general terms, these management fees may not be charged when the investment vehicles offered have more than 10% of their assets invested in instruments that AFPs could invest in directly with relative ease.
Grupo Aval restructures its asset management business
Grupo Aval has completed a major restructuring of its asset management operations under the leadership of Alejandro Gómez, former CEO of AFP Porvenir. The group aims to preserve its industry leadership, leveraging its current approximately 25% market share.
Early 2026 brings leadership changes across Chile’s pension system
These include Paulina Yazigi’s planned departure from the AAFP amid speculation about a potential government role, as well as key executive transitions at AFP Habitat.
Investment advisors now influence 5% of Chile’s financial wealth
Registered advisors oversee nearly USD 30 billion in assets under advisory as regulation and demand accelerate the growth of Chile’s advisory market







