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Fiap Statement: Early pension fund withdrawals aggravate the low pensions problem and impair the prosperity of workers and economies

12 April, 2024

In the Latin American region, not only has the urgent need to increase pension savings been ignored (with the sole […]

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Chile – Central Bank warns that if the additional 5% contribution goes to a PAYGO system, it would affect growth and employment and would not significantly improve future pensions

27 January, 2017

The Chairman of the Chilean Central Bank, Mario Marcel, explained the effects to the Ministry of Finance. Chile – Central […]

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FIAP Study – Chilean experience shows the need for creating a Technical Body for updating the Parameters of the Pension System

8 November, 2016

The monthly pension of Chilean men has dropped from US$ 1,148 at the outset of the system, to  US$ 561 […]

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Bundesbank: Germany must raise the retirement age to 69

18 August, 2016

The State pension system will be under pressure when the generation born in the 60s retires, warned the Central Bank. […]

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FIAP President awarded the Plenus 2015 Prize

19 November, 2015

The President of the International Federation of Pension Fund Administrators (FIAP), Guillermo Arthur, was awarded the 2015 Plenus Prize by […]

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FIAP proposes a “longevity insurance” for retirees over 85 years of age

13 October, 2015

Individual funding, assistance and greater savings are the pillars The Chilean lawyer and expert in pension matters, Guillermo Arthur, said […]

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International: Pension funds increased their positions in foreign investment to 31% of total assets in 2014

8 October, 2015

Pension funds are the biggest savings channeling instrument. At US$ 37.6 billion worldwide, they are the biggest institutional investors, surpassing […]

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Chile: The AFP Association launches a new pension education campaign

2 October, 2015

Source: Boletín Diario de Seguros de América Latina and www.previsionparatodos.cl The education will be one of the strategic priorities in […]

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Chile – Presidential Advisory Commission on the Pension System delivers final report

15 September, 2015

Source: www.comision-pensiones.cl On September 14, 2015, the Presidential Advisory Commission on the Pension System, headed by the economist David Bravo, […]

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The Subfunds System is Implemented in Uruguay

14 August, 2014

Source: República AFAP. In line with the trend of pension reforms in the region for the implementation of multi-fund systems, […]

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France’s lower house squeezes through pension reform

15 October, 2013

Source: www.finanzas.com The French National Assembly approved, on October 15, 2013, the bill of the new pension reform, which aims […]

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Uruguay: “Extensive debate on pensions”

15 October, 2013

Source: FIAP based on www.lr21.com.uy; www.elpais.com.uy; www.elobservador.com.uy; and Semanario Busqueda. Almost 20 years after the implementation of the Individually Funded […]

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Uruguay: “Bill of law with modifications to the Pension System is submitted to Congress”

4 October, 2013

Source: www.rafap.com.uy On October 1, 2013, the Executive Branch submitted a bill of law to Congress with modifications to the […]

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Mexico: “The investment regime of the pension funds is modified to generate better returns”

1 October, 2013

Source: www.consar.gob.mx In order to expand the investment possibilities of the portfolio of the Pension Fund Investment Companies (SIEFOREs) and […]

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International: “HelpAge International launches the first Global Ageing Index”

1 October, 2013

Source: http://www.helpage.org On 1 October 2013, the United Nations’ International Day of Older Persons, HelpAge International is launching the Global […]

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Argentina: “Pensions, an uncertain future: the pending debate”

29 September, 2013

Source: http://www.lanacion.com.ar Nearly five years after the elimination of the AFJP, the PAYGO system rewards those who did not contribute […]

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Chile: Association of AFPs suggests improving official statistics on average pensions

26 September, 2013

Source: http://diario.latercera.com The Chilean Association of AFPs called on the Superintendency of Pensions to improve the statistics it provides on […]

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Chile: AFPs calculate the cost of double taxation at US$ 4 billion

26 September, 2013

Source: www.pulso.cl Despite the fact that there is consensus among experts and stakeholders in the system, double taxation still persists. […]

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Spain: The pension reform underscores the need for private savings

19 September, 2013

Source: http://www.fundssociety.com The pension reform in Spain is in the mouth of politicians, trade unions and social agencies. Regardless of […]

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Slovakia reintroduces tax advantages for third pillar of voluntary savings

19 September, 2013

Source: www.ipe.com Slovakia is aiming to boost its third-pillar pension system by reinstating part of the annual tax relief abolished […]

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