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.
Multifund E selloff reignites debate over pension withdrawals
October 19, 2026 by
Public criticism of the performance of Chile’s AFPs is galvanizing lawmakers opposed to the country’s private pension system.
New pension superintendent reduces lifecycle funds to ten
July 16, 2026 by
AFPs had previously warned the outgoing administration that managing 15 separate lifecycle portfolios would create significant operational challenges.
Chile’s pension regulator faces leadership transition and legal challenge from AFPs
March 25, 2026 by
Chile’s incoming administration has decided to appoint former CMF chairman Joaquín Cortez as head of the Pension Superintendency, replacing long-serving superintendent Osvaldo Macías.
Boric names crosscutting figure to head the CMF
June 22, 2022 by
Solange Berstein's appointment as head of the Financial Market Commission was bolstered by her experience working with Mario Marcel at the Central Bank.
