Chilean Senate to begin reviewing pension reform in March

The text passed by the Chamber of Deputies will go through a debate stage, which is expected to be tough and complex, and may not be voted on until the last half of the year.

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Peru, Colombia and Chile raise basic pensions

The 2023 inflation adjustment measures have been presented in the framework of the debate on the reforms to the private pension system.

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Industry associations prepare arguments for repositioning of pension debate

The main concern is the fiscal cost and the impact on the financial market.

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Peruvian government proposes pension system reform

Prohibition of new withdrawals and entry of new players into pension fund management are some of the innovations.

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Constitutional Council secures the continuity of the AFP system

The Plenary vote reflects the views of the right-wing sectors that dominate the body.

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AFP profits don’t seem to concern pension participants

According to a survey, 60% of workers still prefer to join the private pension system over the public system.

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Longevity insurance could unblock pension discussion

A proposal by the centrist Democrats party could open a space for negotiation based on political and technical pragmatism.

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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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