In the wake of the uncertainty created by the pension reform debate, some wealth investors have opted to expand their positions in international equity.
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.
AFPs and managers prepare for opening in Alternatives
The Central Bank announced that the limits of three of the five multi-funds will be raised in August.
Bice-Security merger will create fourth largest mutual fund manager
The combined assets under management of both mutual fund managers is close to CLP 6.0 trillion (USD 6.5 billion).
AFP Integra strengthened with new partner from Apoyo Group
José Carlos Saavedra Solano took over the top job of the pension fund manager.
Outlook for pension reform looks fairly good but with deadlines
Mid-June is the deadline for legislative proceedings for the government bill. Political negotiations will be intense.
Chilean Senate to begin reviewing pension reform in March
The text passed by the Chamber of Deputies will go through a debate stage, which is expected to be tough and complex, and may not be voted on until the last half of the year.
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.
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.
Industry associations prepare arguments for repositioning of pension debate
The main concern is the fiscal cost and the impact on the financial market.