The staggered implementation, progressivity and varied purposing of independent workers’ contributions will cut into the planned inflows of AFP pension managers, notes AFP Association president Andrés Santa Cruz.
Younger Colombian AFP affiliates move into more age-appropriate investment vehicles, spurring equity demand
June 13, 2019 by
BlackRock's Diego Mora viewed the government's rule change with optimism, noting that AFP demand for internationally diversified products like ETFs will increase.
Pension Reform: AFPs, AGFs and insurers will battle for new pension flows
November 12, 2018 by
In a break for global managers, under President Sebastián Piñera's proposal, AFPs, AGFs and others would compete for the 40% increase in per-worker contributions to the retirement system.
Managers eye new pension contributions from self-employed in Chile
September 12, 2018 by
Unfortunately for AFPs and foreign managers receiving their allocations, the phase-in of these contributions and their partial diversion to social programs will equate to a negligible uptick in short-term flows.
