The Government will face a tough scenario in Congress, since it lacks a majority and the opposition has established the idea that rejection of the new constitution removed the social floor from the pension reform.
AFPs and insurers expecting changes to Peru’s 95.5% law
November 8, 2018 by
Giovanna Prialé, president of the AFP Association, said allowing workers to withdraw 95.5% of their savings at retirement has disrupted the objectives of the pension system.
BTG Pactual hires Jaime Maluk for new annuity unit
April 1, 2014 by
Jaime Maluk (photo), a well-known executive in the Chilean financial sector and former CEO of the local brokerage firms Euroamérica and Cruz del Sur, will lead BTG into the Chilean insurance market.