Beginning in August 2025, Chile will initiate a gradual increase in employer-funded pension contributions; however, individual AFP accounts will see minimal impact at first.
ACCAIs face the challenge of retaining contributors with high balances
June 27, 2025 by
The pension reform opened a window of opportunity for contributors who are less than ten years away from retirement to move from the private to the public regime, and vice versa.
Fund managers look ahead to FAPP mandates
June 25, 2025 by
Once the investment regime is defined, the Board of Directors of the Autonomous Pension Protection Fund (FAPP) will proceed to hold a bidding process for its portfolio.
Implementation of pension reform gets underway
May 19, 2025 by
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.
AFPs face internal, judicial and technical challenges
May 6, 2025 by
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.
Positiva Seguros joins the list of ACCAI
March 11, 2025 by
This move places the Colombian government in direct competition with former AFPs.
Porvenir gets 48.1% of participants in ACCAI selection process
March 5, 2025 by
The process showed some correlation with AFPs’ percentage market share before approval of the pension reform.
Strong criticism of the pension reform from some AFPs
February 11, 2025 by
The bidding process for 10% of existing participants is one of the issues of most concern to players in this market.
Congress passes reform confirming the individually funded model
February 3, 2025 by
With the support of the main political forces, Congress finally passed the pension system reform. The reform raises contributions, confirms the role of AFPs and strengthens social protection.
Mid-January is the deadline for choosing a pension manager
January 3, 2025 by
In this first stage, participants will be allocated to the four existing AFPs but by mid-2025 new managers will be entering the system.
