AFPs had previously warned the outgoing administration that managing 15 separate lifecycle portfolios would create significant operational challenges.
Peru moves toward a new pension portability framework
Beginning in September, workers will be able to transfer between Peru's private and public pension systems.
Pension reform also reshapes rules on indirect investment fees
Some of the new restrictions on management fees have been in force since April, while others will take effect alongside the rollout of Chile's new lifecycle funds.
Mercer’s AltamarCAM deal draws attention in Chile pensions
The transaction would bring a leading private markets platform under Mercer’s umbrella at a time when the firm is playing a key role in the implementation of Chile’s pension reform.
Pension asset transfer dispute escalates ahead of Colombia’s presidential runoff
Government decree to shift roughly COP 25 trillion from private pension funds to the public system has been suspended by the Council of State.
FAPP launches first RFP for local fixed income mandates
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.







