Bolivia dissolves its USD 2.4 billion private pension system

Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.

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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.

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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.

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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.

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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.

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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.

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