The Congressional Economics Committee decided to wait for publication of the pension reform regulations.
Bidding for new participants may have generated savings of USD 1.6 billion
Profuturo AFP began to receive new participants to the system with a 0.68% annual balance fee.
Chilean credit rating agency prepares its entry into the Peruvian market
After receiving the authorization from Superintendence of the Securities Market, Humphreys has until February 2026 to meet the requirements necessary for full operational approval.
Mutual funds in March topped the AUM peak of 2021
Total assets under management at the end of March increased by 41.81% over the same month of the previous year, stated Fernando Osorio, Secretary General of the AAFM.
Executive from Habitat appointed as president of the AAFP
Will Assume the position vacated by Giovanna Prialé, who has taken over the presidency of FIAP.
AFPs emerge strengthened after enactment of pension reform
Despite the entry of new players, several measures are being considered to increase contributions to the individual accounts of their participants.
Insurance companies and municipal savings banks gear up for the pension business in Peru
The pension reform to be enacted by the Executive allows new players to enter the sector in a bid to promote competition and reduce fees.
Congress approves pension reform
The legislation now goes to the president who could return it to Congress, although he is expected to sign it. The main issues for AFPs are new players, the productivity fee and the end of withdrawals.
Anka Safi registers its funds in the integrated Latin American Market
The Peruvian fund manager has two factoring funds, one in soles and one in dollars.
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.