Prohibition of new withdrawals and entry of new players into pension fund management are some of the innovations.
AFP profits don’t seem to concern pension participants
According to a survey, 60% of workers still prefer to join the private pension system over the public system.
Longevity insurance could unblock pension discussion
A proposal by the centrist Democrats party could open a space for negotiation based on political and technical pragmatism.
Credicorp enters the pension debate in Peru
The firm proposes the entry of new players and fees based on fund performance.
Election of constitutional delegates in Chile seems to secure current AFP pension model
The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
Peru discussing a seventh withdrawal of AFP savings
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
Migration of participants from one system to another is related to the reformist winds in the region.
Pension reform to be presented at the end of October
The Government will face a tough scenario in Congress, since it lacks a majority and the opposition has established the idea that rejection of the new constitution removed the social floor from the pension reform.