The main concern is the fiscal cost and the impact on the financial market.
Peruvian government proposes pension system reform
November 29, 2023 by
Prohibition of new withdrawals and entry of new players into pension fund management are some of the innovations.
Constitutional Council secures the continuity of the AFP system
November 22, 2023 by
The Plenary vote reflects the views of the right-wing sectors that dominate the body.
AFP profits don’t seem to concern pension participants
November 20, 2023 by
According to a survey, 60% of workers still prefer to join the private pension system over the public system.
Longevity insurance could unblock pension discussion
September 15, 2023 by
A proposal by the centrist Democrats party could open a space for negotiation based on political and technical pragmatism.
Bolivia dissolves its USD 2.4 billion private pension system
May 16, 2023 by
Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.
Election of constitutional delegates in Chile seems to secure current AFP pension model
May 16, 2023 by
The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
Peru discussing a seventh withdrawal of AFP savings
April 28, 2023 by
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
Colombia’s pension reform could begin taking shape in April
February 10, 2023 by
Economist and consultant Gustavo Moreno Montalvo anticipated a not-so-winding road for the presidential reform proposal.
Pension reform in Colombia could arrive in 2023 with focus on coverage
August 25, 2022 by
Just 1 in 4 older Colombians has the means to retire, and just 40% of active citizens make contributions, says consultant Andrés Felipe Izquierdo Aguiar.
