An increase of one percentage point in participants’ contributions is scheduled for August this year, and the transfer of 10% of current participants should be completed by June 2028 following the result of the bidding process.
Osvaldo Macias to step down from Chile’s Pension Regulator
Ministry launches search for successor to oversee reform implementation.
AFPs face internal, judicial and technical challenges
Paulina Yazigi, president of the AFP Association, and the industry executives are personally taking a very active role in the discussion on the new pension system to be implemented in the future, especially migration from the multifunds to the generational funds.
CCR Monthly Approval Report – April 2025
A total of five products were added in the month from five different asset managers: Aviva Investors, BlackRock, Tocqueville, Court Square Capital and Great Hill Partners.
Chilean credit rating agency prepares its entry into the Peruvian market
After receiving the authorization from Superintendence of the Securities Market, Humphreys has until February 2026 to meet the requirements necessary for full operational approval.
CCR Monthly Approval Report – March 2025
A total of 3 products were added in the month from: Nodea, iCon Infrastructure and Sculptor Capital Management.
AGFs prepare for new CMF reporting requirements
The industry association took part in the process led by the CMF to adapt the regulations, which obliges fund managers to adapt their systems and have them operational by December 1, 2025.
Banco de la Republica’s international investment modality still in doubt
The investment regime, including alternative assets, should be operational on July 1 together with start-up of the pension reform.
Bidding for participant stock raises concerns about impact on profitability
Returns for a pensioner could drop by an estimated 12%.
Positiva Seguros joins the list of ACCAI
This move places the Colombian government in direct competition with former AFPs.