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.
Chile’s pension regulator faces leadership transition and legal challenge from AFPs
New draft decree raises concerns across Colombia’s private pension system
Labor Ministry proposal would require AFPs to transfer more than USD 6.8 billion to the state pension administrator Colpensiones.
CCR Monthly Approval Report – February 2026
A total of 19 products were added in the month from 12 different asset managers: ACRE Advisors, Amundi, Archimed, Bice, BlackRock, Eastspring, Invesco, iShares, MGG Investment Group, Stellex Capital, Stone Harbor and VanEck.
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.
CMF consolidates AGF regulations, raising compliance and operational demands
Nearly 80 separate regulations will now be consolidated into a single regulatory framework, incorporating enhanced disclosure requirements and international best practices.
Former AFP Capital executive leads new AFP initiative
This would be the fourth initiative currently under evaluation or in the planning stages by their respective sponsors.
CCR Monthly Approval Report – January 2026
Sponsors gaining approval were Amundi, Azimut, Blue Owl Capital, Echiquier, Eurazeo, Invesco, iShares, Leonard Green and M&G.
SP sets limits on indirect fees
In general terms, these management fees may not be charged when the investment vehicles offered have more than 10% of their assets invested in instruments that AFPs could invest in directly with relative ease.
CCR Monthly Approval Report – December 2025
Bradesco, HSBC, Invesco, VanEck, Wisdomtree, Lone Star Funds and TPG Angelo Gordon were the fund sponsors gaining approval for new product.





