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.
AFPs likely to begin to receive an injection of flows from pension debts next year
February 2, 2024 by
Private investors could be the new target for real estate funds
January 3, 2024 by
Luis Marcelo Indacochea, general manager of Core Capital, said the freezing of AFP investment in alternatives will push industry players to look for other sources of financing.
Peruvian government proposes pension system reform
November 29, 2023 by
Prohibition of new withdrawals and entry of new players into pension fund management are some of the innovations.
AFP profits don’t seem to concern pension participants
November 20, 2023 by
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.
