Resolution 4444 gives the USD 170 billion open pension system in Brazil some needed flexibility, and aligns the industry more closely with the investment regime of corporate pension plans. "In general, this is very positive," said Marcelo Mello, vice-president at SulAmérica Investimentos.
Retirement funds in Brazil empowered to invest more in equity, infrastructure and foreign instruments
November 23, 2015 by
Brazilian insurers to adjust investment portfolios
February 3, 2013 by
The Brazilian government has passed a new resolution that establishes general investment rules to be observed by local insurance, reinsurance and private pension entities with regards to their assets linked to technical reserves.