Piñera cracks whip on Congress to avoid third withdrawal from AFPs

The Senate seems unlikely to pass a bill allowing AFPs to touch any additional money flowing from worker paychecks to meet pension obligations.

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Chilean advisory Econsult loses two of its most visible faces

José Ramón Valente, founding partner and leading figure of the firm Econsult, took over as Minister of Economy of the incoming administration of President Sebastián Piñera.

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Piñera’s pension proposal likely to encourage cross-border investment

The candidate's campaign released a proposal that would boost employer contributions by 4%, all of it channeled to AFPs, as opposed to the current government's plan to use a government-supervised fund outside the purview of the AFP industry.

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