Reduction of deductibility from 100% to 53% as part of the 2014 Fiscal Reform paralyzed Mexico's private-pension fund industry, said Mercer Mexico's Ivette Maya.
Mercer: Viability of corporate pensions requires reinstating 100% deductibility to plan sponsors
December 5, 2018 by
Mercer, seeking to boost regional growth, appoints Latam leader
September 2, 2014 by
Eduardo Ragasol, who will be based in Brazil, was previously the president and general manager in Brazil for Nielsen, the global information and measurement company.
Fiscal reform takes bite out of tax benefit on pension-plan contributions
December 19, 2013 by
Up until 2013, contributions made by plan sponsors to private pension plans were 100% tax deductible. However, the new fiscal reform reduces the percentage to 53% and potentially just 47%, according to sources consulted by Latin Asset Management.
Mercer plans to expand investment consulting in Chile and Mexico
May 10, 2013 by
The firm’s Latin American operations are currently centralized in Brazil, however they expect to grow in the rest of the region, with institutional clients and sovereign funds.
