The voluntary measure could give approximately 1.8 million members who entered the system before 2013 and did not take advantage of the original switching window the opportunity to migrate to the new fee structure.
CCR Monthly Approval Report – July 2026
A total of 14 products were added during the month, from eight different asset managers: Deerpath Capital, Echiquier, Eurizon, Franklin Templeton, Invesco, JP Morgan, Reverence Capital Partners. and UBAM.
Strong Dollar, Brazil elections sustain demand for international funds in 2Q26
BNP Paribas Asset Management's Claudia Ceconelo said inflation, currency volatility and Brazil's upcoming elections supported demand for international funds, with the firm participating in two RFPs for exclusive mandates.
New EAFs have eleven months to build their operations
Sergio Espinosa, SBS superintendent confirmed three institutions are preparing to enter the country's mandatory pension market, with operations scheduled to begin in June 2027.
New pension superintendent reduces lifecycle funds to ten
AFPs had previously warned the outgoing administration that managing 15 separate lifecycle portfolios would create significant operational challenges.
M&G strengthens its distribution team with senior appointment
Vince León will work closely with financial advisors, private banks, wirehouses and independent broker dealers active in the US offshore market, helping clients access M&G's range of public and private market investment solutions.
Peru moves toward a new pension portability framework
Beginning in September, workers will be able to transfer between Peru's private and public pension systems.
CCR Monthly Approval Report – June 2026
In June, Allianz, BlackRock, Bluebay, Fidelity, First Trust, GAM, I Squared Capital, Morgan Stanley and Xtrackers were the fund sponsors gaining approval for new products.
Pension reform also reshapes rules on indirect investment fees
Some of the new restrictions on management fees have been in force since April, while others will take effect alongside the rollout of Chile's new lifecycle funds.
Mercer’s AltamarCAM deal draws attention in Chile pensions
The transaction would bring a leading private markets platform under Mercer’s umbrella at a time when the firm is playing a key role in the implementation of Chile’s pension reform.








