Both domestic and international firms will be eligible to participate in the process.
Mandatory contributions for independent workers scrapped before taking effect
Reversal highlights political constraints on deepening Peru’s pension system.
Chile’s pension regulator faces leadership transition and legal challenge from AFPs
Chile’s incoming administration has decided to appoint former CMF chairman Joaquín Cortez as head of the Pension Superintendency, replacing long-serving superintendent Osvaldo Macías.
Chilean pension regulator proposes 15 lifecycle funds
The Superintendencia de Pensiones has proposed a new lifecycle regime set to take effect in 2027, including benchmark portfolios and structural reviews every three years.
Chile’s FAPP Investment framework delays alternatives allocation
New rules impose a 24-month ban on private markets, cap equities at 60%, and set a 50–80% international allocation range.
Former AFP Capital executive leads new AFP initiative
This would be the fourth initiative currently under evaluation or in the planning stages by their respective sponsors.
Early 2026 brings leadership changes across Chile’s pension system
These include Paulina Yazigi’s planned departure from the AAFP amid speculation about a potential government role, as well as key executive transitions at AFP Habitat.
SBS promotes the interconnection of financial services and retirement savings
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
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
New regulations from the Superintendency of Pensions define capital, governance, and outsourcing requirements.








