Historical Press Releases

August 18, 2016

Bundesbank: Germany must raise the retirement age to 69

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

November 19, 2015

FIAP President awarded the Plenus 2015 Prize

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

October 13, 2015

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

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

October 8, 2015

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

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

October 2, 2015

Chile: The AFP Association launches a new pension education campaign

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

September 15, 2015

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

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

August 14, 2014

The Subfunds System is Implemented in Uruguay

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

October 15, 2013

France’s lower house squeezes through pension reform

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

October 15, 2013

Uruguay: “Extensive debate on pensions”

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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 […]

October 4, 2013

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

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

October 1, 2013

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

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

October 1, 2013

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

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

September 29, 2013

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

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

September 26, 2013

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

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

September 26, 2013

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

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

September 19, 2013

Spain: The pension reform underscores the need for private savings

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

September 19, 2013

Slovakia reintroduces tax advantages for third pillar of voluntary savings

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

September 18, 2013

Peru: “The Peruvian pension industry should grow at the same rate as the country” – interview with Aldo Ferrini, Assistant General Manager of AFP Integra

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Source: http://www.fundsamericas.com The pension funds manage equity of more than US$ 36 billion in Peru, and are the main asset […]

September 9, 2013

Colombia: Pension Funds launch new phase of its financial education campaign

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Source: www.asofondos.org.co Pension Funds, through the Colombian Association of Pension Fund Administrators and Unemployment (ASOFONDOS), launched a new phase of […]

April 17, 2013

The Spanish economist Juan Ramón Rallo cites the Chilean pension system as an example of efficiency He compares the pension of a Chilean worker and a Spanish worker with the same salary

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Source: www.fundsamericas.com Date: April 17, 2013 Amid the financial crisis in Europe today, the economist Juan Ramón Rallo has criticized […]

March 22, 2013

Peru: SBS extends deadline for choosing the type of commission until May 31, 2013

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Source: www.larepublica.pe At the insistence of the members of the Private Pension System (SPP) to extend the deadline so that […]

March 20, 2013

Chile: Seminar “Longevity Risks and in Life Annuities and Programmed Withdrawals”

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The Superintendency of Pensions, together with the Undersecretariat for Social Security, the Superintendency of Securities and Insurance, the Association of […]

January 18, 2013

Peru: Central Bank raises to 32% the operative limit on foreign investments for private pension funds

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Source: www.andina.com.pe The Central Reserve Bank of Peru today increased the operative limit for investing abroad by private pension funds, […]

January 18, 2013

Chile: Schmidt-Hebbel: “There is a need to increase the full retirement age to 67 years and contributions to 13%”

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Source: www.pulso.cl Increase pensions and the replacement rate due to higher life expectancy, is the main objective of the 3 […]

January 16, 2013

Colombia: pension fund returns in the period January-November 2012 amounted to worker´s savings approx. USD 7.921 million

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Source: www.asofondos.org.co According to the Financial Superintendence of Colombia, during the first 11 months of 2012 (January-November), the returns of […]

June 11, 2012

Raising retirement ages and expanding private pension coverage essential, says OECD

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Source: www.oecd.org Governments will need to raise retirement ages gradually to address increasing life expectancy in order to ensure that […]

April 30, 2012

The Financial Superintendency of Colombia and the Chilean Superintendency of Pensions subscribed a memorandum of understanding for the exchange of information

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Source: www.spensiones.cl The Financial Superintendency of Colombia and the Chilean Superintendency of Pensions subscribed a memorandum of understanding last April […]

April 30, 2012

The Fifth International FIAP – ASOFONDOS Congress ended with important speakers and announcements

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Source: www.asofondos.org.co The fifth version of the FIAP-ASOFONDOS International Congress ended last April 27, 2012. Jorge Sicilia, the Senior Economist […]

April 26, 2012

Investment in infraestructure and the future of retirement within a context of ageing and financial crisis: issues analyzed in the Fifth FIAP – ASOFONDOS International Congress

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Source: www.asofondos.org.co The Fifth FIAP-ASOFONDOS International Congress began on April 26, 2012. The first session of the event addressed the […]

April 26, 2012

Colombia: ASOFONDOS proposes four principles that should be included in the pension reform

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Source: www.inese.es The Colombian Association of Pension and Retirement Fund Managers (ASOFONDOS) has still not drawn up a proposal for […]

April 19, 2012

Peru: The Bill of Law Reforming the Private Pension System will be ready in June, 2012

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Source: Boletin Diario de Seguros América Latina (BDSAL) This week the Ministry of Economy and Finance (MEF) will receive the […]

April 12, 2012

International Monetary Fund: “Countries must increase the retirement age in proportion to the growth in life expectancy”

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Source: www.inese.es Governments must acknowledge that they are exposed to the risk of longevity, adopt methods for better sharing this […]

April 4, 2012

Resources of the Fourth National Public Competition for Pension Education in Chile Awarded

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Source: www.previsionsocial.gob.cl On Wednesday, April 4, 2012, the Undersecretary of Social Security, Augusto Iglesias, announced that the resources of the […]

April 4, 2012

The Retirement Savings Fund Managers must be alert to the possibilities of the Law of Public-Private Associations

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Source: www.inese.es The Retirement Savings Fund Managers (AFORES) must be alert to the possibilities that may arise once projects start […]

April 2, 2012

FIAP president meets with authorities of the government of El Salvador to discuss the Pension Reform

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source:FIAP based on www.asafondos.org and www.elsalvador.com The President of the International Federation of Pension Fund Administrators (FIAP) travelled to El […]

March 23, 2012

Warning: the Argentinian pension system is heading for a crisis

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Source: http://www.lanacion.com.ar Through an increase in the coverage rate in the last few years, the pension system has enabled more […]

January 27, 2012

Grupo Sura will boost the offers of the AFAPs

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After acquiring the operations of AFINIDAD AFAP en Uruguay, Grupo Sura will introduce new products into the country such as […]

October 3, 2011

Mexico: AMAFORE presents its campaign for promoting pension savings culture

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Source: AMAFORE Press Release The Chairman of the Mexican Association of Pension Fund Managers (AMAFORE), Óscar Franco, announced the agency’s […]

September 5, 2011

Peru: the AFPs call on the Executive to call for bidding on the disability and survival insurance premiums

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Source: Boletín Diario de Seguros de América Latina and www.asociacionafp.com.pe The president of the Peruvian Association of AFPs, Mrs. Beatriz […]

September 1, 2011

The Multilateral Ibero-American Social Security Convention has come into effect in six countries in the Ibero-American Region

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Source: FIAP based on www.minrel.gob.cl and www.oiss.org On September 1, 2011, Chile subscribed the Agreement for the Application of the […]

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