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
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.
Discussion on eighth pension withdrawal postponed until August
The Congressional Economics Committee decided to wait for publication of the pension reform regulations.
ACCAIs face the challenge of retaining contributors with high balances
The pension reform opened a window of opportunity for contributors who are less than ten years away from retirement to move from the private to the public regime, and vice versa.
Fund managers look ahead to FAPP mandates
Once the investment regime is defined, the Board of Directors of the Autonomous Pension Protection Fund (FAPP) will proceed to hold a bidding process for its portfolio.
Bidding for new participants may have generated savings of USD 1.6 billion
Profuturo AFP began to receive new participants to the system with a 0.68% annual balance fee.
Implementation of pension reform gets underway
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
Ministry launches search for successor to oversee reform implementation.
AFPs face internal, judicial and technical challenges
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
This move places the Colombian government in direct competition with former AFPs.







