Chilean lower chamber greenlights withdrawal of 10% of retirement savings

Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.

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Idea of pension fund withdrawals gains ground in Chilean political and judicial arena

Though the Supreme Court can still weigh in , an appeals court ruling ordering AFP Cuprum to hand over to an affiliate all of her retirement savings has rattled the industry.

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Chilean AFPs intensify flight from North America; Japan and Europe strong

Allocation moves of Chilean AFPs in November affected products of Julius Baer, Templeton, Eastspring, Deutsche, Vanguard, State Street and iShares, as focus shifted from the US and Asia to Europe and Japan.

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