According to a survey, 60% of workers still prefer to join the private pension system over the public system.
Sura Investments makes the case for more financial education
September 29, 2023 by
Fiorella Cannon emphasized that for mutual fund investment, and especially for investment in alternative products, it is essential that the chosen vehicle is aligned with the investors’ profile.
Pension Reform: Economy Committee proposal moves ahead
June 27, 2023 by
The proposal reaffirms the individual capitalization model over the pay-as-you-go model, unlike the Labor Committee's bill which is based on a multiple pillar scheme.
Credicorp enters the pension debate in Peru
June 8, 2023 by
The firm proposes the entry of new players and fees based on fund performance.
Peru discussing a seventh withdrawal of AFP savings
April 28, 2023 by
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
March could be critical for pension reform in Peru
March 17, 2023 by
The government’s announcement on pension reform has been clouded by new bills for a withdrawal of funds from AFPs.
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
March 12, 2023 by
Migration of participants from one system to another is related to the reformist winds in the region.
New tranche of global iShares listed locally in Colombia
February 7, 2023 by
Valores Bancolombia is already trading 10 new BlackRock ETFs registered in the Colombian Global Market. Individual investors now have local access to some 20 iShares ETFs.
BanBif: retail wealth that left Peru could remain abroad
October 13, 2022 by
"At the individual level alone, savings of around USD 8 billion have left Peru,” Roberto Montero, manager of BanBif's wealth banking division, told Fund Pro Latin America.
Peruvian AFPs given roadmap to scale back alternatives exposure
June 22, 2022 by
With the AFPs overexposed to these illiquid vehicles, the SBS issued guidance on how reduce positions while limiting the impact on returns and the market.
