The pension regulator is concerned about the portfolio rebalancing needed to align investments with age-based risk profiles, while the pension fund industry is questioning the limited discretion managers will have in setting fund strategies and making investment decisions.
Early 2026 brings leadership changes across Chile’s pension system
These include Paulina Yazigi’s planned departure from the AAFP amid speculation about a potential government role, as well as key executive transitions at AFP Habitat.
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.
National pension protests have not affected voluntary contributions to AFPs
The pool of voluntary pension contributions rose from USD 7.8 billion to USD 9.1 billion in 12 months ended September 2016, and AFPs' share of the market was holding steady at 53%.
Chilean AFP industry faces uncertainty from many angles
The CEO of the Chilean AFP Association, Fernando Larrain, discusses issues confronting the pension system, from potential legislation, the impact of third-party advisors, lack of definition on the alternatives front, and others.





