The pension reform to be enacted by the Executive allows new players to enter the sector in a bid to promote competition and reduce fees.
Insurance companies and municipal savings banks gear up for the pension business in Peru
September 12, 2024 by
CCR Monthly Approval Report – August 2024
September 4, 2024 by
Janus Henderson, Fidelity, Lazard, Muzinich, HarbourVest, Kohlberg & Co, Nautic and PSG Equity were the fund sponsors gaining approval for new products in August.
Bidding process for participants gains broad support from economists
August 8, 2024 by
The mechanism is included in the pension reform but there are a range of proposals on what form it should take.
CCR Monthly Approval Report – July 2024
August 8, 2024 by
A total of 19 products were added in the month from nine different asset managers: BNP Paribas, BNY Mellon, Fidelity, First Sentier, Franklin Templeton, LarrainVial, PIMCO, Summit Partners and UBS.
CMF launches platform to compare mutual fund fees sparking debate
July 24, 2024 by
The platform provides detailed cost information categorized by AGF, client type, and share classes, using a traffic light system to rate fees.
At the end of July, processing of new pension withdrawals begins
July 12, 2024 by
Although there is some consensus on the inconvenience of this mechanism, the appearance of certain populist enticements could influence the process.
CCR Monthly Approval Report – June 2024
July 2, 2024 by
JPMorgan led with five ETFs, followed by Allianz, Bluebay, Comgest, Man and Morgan Stanley each with one mutual fund approved. Two alternative products also got the green light, one from Hollyport Capital and one from Rivean Capital.
Fast-track passage of pension reform could end up in the Constitutional Court
June 27, 2024 by
The government has already announced a corrective bill to resolve some shortcomings not analyzed by the House of Representatives.
Bravo Commission 2.0 faces skepticism amidst controversy in pension reform debate
June 18, 2024 by
The pension reform remains stalled in the Senate Labor Committee amid intense political negotiations.
Congress approves pension reform
June 11, 2024 by
The legislation now goes to the president who could return it to Congress, although he is expected to sign it. The main issues for AFPs are new players, the productivity fee and the end of withdrawals.
