Migration of participants from one system to another is related to the reformist winds in the region.
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
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.
Colombia’s pension reform could begin taking shape in April
Economist and consultant Gustavo Moreno Montalvo anticipated a not-so-winding road for the presidential reform proposal.
Workaround? AFPs may be able to form subsidiaries to manage new flows
Despite the pessimistic pronouncements of undersecretary of social security, Christian Larraín, AFPs may not be left out of the new pension model after all.
Pension reform: AFPs may be excluded from receiving future worker contributions
Undersecretary of Social Security, Christian Larraín, said the pension reform would likely limit the role of these managers, but hopes remain.
Consar chief: Afores have plenty of space to invest internationally without modifying law
In a discussion covering Afores’ international investments, Ivan Pliego revealed AUMs captured by active cross-border funds vs. global ETFs.
Not dead yet: Chilean Congress still pushing for fifth pension withdrawal
Seven withdrawal bills will begin to be processed in the next few days, some for 10% and others for 100%. The executive is urging patience.
Colombian legislator proposes allowing older workers to leave AFPs and join government retirement system
Colombian AFPs and the Ministry of Finance oppose the initiative but in the political world there is interest in a far-reaching rethink of the pension system.
Stark realities ahead for AFP industry as establishment cedes ground in election
Following the results of the elections for the Constituent Convention, there seems to be a broad majority in favor of restoring full responsibility for pensions and social security to the state.
Peruvian AFP Pension Fund Industry Statistics – June 2021
Excel workbook detailing, over various time periods, asset totals and affiliate trends among Peruvian AFP pension funds. Data as of June 30, 2021.
Companies mentioned in this report: Habitat; Integra; Prima; Profuturo.