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.