If the measure were to pass and another round of redemptions was allowed, AFP AUMs could fall by as much as USD 34 billion.
AFPs have a lot on the line as Chilean senate takes up pension reform
February 20, 2020 by
Under discussion is the creation of non-profit AFP cooperatives to compete with existing AFPs and forcing AFPs to return part of their fees (20%) in the event of negative returns, among other items.
