In mid-August 2016, the International Federation of Pension Fund Administrators (FIAP) issued a Statement, indicating that it is aware that there is room for improvement in the individually funded pension system in Peru, but that the improvements must be made on the basis of a broad technical discussion, with experts discussing the best proposals for the comprehensive reform of the pension system, which in this case would include the Pension Fund Managers (AFPs) and the Pension Standardization Office (ONP).

FIAP offers its collaboration and puts its technical expertise at the disposal of the competent agencies in the upcoming debate in the Commission for the Reform of the Peruvian Pension System, which will be created by the Government of the incumbent President, Mr. Pedro Pablo Kuczynski, to fulfill the need to grant a worthy pension to all Peruvian workers.