Source: www.asofondos.org.co
According to the Financial Superintendence of Colombia, during the first 11 months of 2012 (January-November), the returns of the Colombian private pension funds were reflected in the savings of workers contributing into the private pension system. With this performance, the total balance increased in COP 14.4 billion (approx. USD 7,921 million).
You can check out more details in the official statement issued by the Colombian Association of Severance Pay and Pension Fund Administrators (ASOFONDOS).
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