Existing pension fund managers (AFPs) will have to compete with new players, while also being allowed to expand into areas such as banking and insurance. The reform aims to level the playing field, boost competition, and create new opportunities for product distribution and partnerships.
Colombian Government steps back from pension fund repatriation
December 24, 2025 by
A newly released draft decree on capital markets development omits any reference to mandatory repatriation, signaling a shift toward strengthening local markets through regulatory reform rather than direct intervention—at least for now.
Chile clarifies the rules for the creation of new AFPs
December 22, 2025 by
New regulations from the Superintendency of Pensions define capital, governance, and outsourcing requirements.
Mercer and CFA urge for sustainable pension systems
December 2, 2025 by
Latin American pension systems show sharp disparities in the Mercer–CFA Institute Global Pension Index, with Chile leading, Colombia and Peru lagging, and Argentina at the bottom.
Political upheaval and eighth withdrawal threaten Peru’s pension assets
October 17, 2025 by
Congress ousts President Boluarte amid crisis, approves new pension withdrawals, and reopens debate over a reform that has already reduced pension fund assets to just 10% of GDP.
Picton expands footprint to Mexico and Brazil as Alternatives surge in Latin America
August 28, 2025 by
The Chilean firm positions itself at the heart of Latin America’s alternative investment boom. “Picton is now the largest placement agent in the region, with over USD 12 billion in capital raised and coverage across 10 countries,” said Matias Eguiguren.
Mercer’s experience with sovereign wealth funds wins over Pensions Superintendency
August 12, 2025 by
The consulting firm won the bidding process to develop the investment regime for the new generational funds with their respective benchmark portfolios.
USD 383 billion in pension AUM undergo strategic shift amid reforms in Andean region
July 29, 2025 by
New regulatory frameworks are reshaping international allocations and long-term strategies, with implications for international asset managers targeting the Andean institutional market.
International managers surprised by Petro’s announcement
July 28, 2025 by
In the midst of implementing pension reform, the Colombian president has taken a gamble by prohibiting investment of workers' savings abroad.
Chile’s additional pension contribution will impact AFPs from 2028
July 18, 2025 by
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.
