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
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
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
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
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.
Global managers avoid overhyping proposed pension reform in Brazil
Franklin Templeton Brazil's Marcus Vinicius Gonçalves told Fund Pro Latin America that while pension reform would be a boost for business, global firms would not reap any benefits for some years.