Profuturo AFP began to receive new participants to the system with a 0.68% annual balance fee.
Implementation of pension reform gets underway
May 19, 2025 by
An increase of one percentage point in participants’ contributions is scheduled for August this year, and the transfer of 10% of current participants should be completed by June 2028 following the result of the bidding process.
Osvaldo Macias to step down from Chile’s Pension Regulator
May 13, 2025 by
Ministry launches search for successor to oversee reform implementation.
AFPs face internal, judicial and technical challenges
May 6, 2025 by
Paulina Yazigi, president of the AFP Association, and the industry executives are personally taking a very active role in the discussion on the new pension system to be implemented in the future, especially migration from the multifunds to the generational funds.
Positiva Seguros joins the list of ACCAI
March 11, 2025 by
This move places the Colombian government in direct competition with former AFPs.
Chilean executive takes over Colfondos presidency
March 11, 2025 by
His experience in the Chilean pension system was considered critical for dealing with the challenges of the new pension system approved in Colombia.
Porvenir gets 48.1% of participants in ACCAI selection process
March 5, 2025 by
The process showed some correlation with AFPs’ percentage market share before approval of the pension reform.
Strong criticism of the pension reform from some AFPs
February 11, 2025 by
The bidding process for 10% of existing participants is one of the issues of most concern to players in this market.
Congress passes reform confirming the individually funded model
February 3, 2025 by
With the support of the main political forces, Congress finally passed the pension system reform. The reform raises contributions, confirms the role of AFPs and strengthens social protection.
Mid-January is the deadline for choosing a pension manager
January 3, 2025 by
In this first stage, participants will be allocated to the four existing AFPs but by mid-2025 new managers will be entering the system.
