Changes to Peru’s AFP investment regime “fundamental”, says industry chief

Changes to Peru’s AFP investment regime “fundamental”, says industry chief

New regulations on Peruvian pension fund investments constitute a critical overhaul to the system, Luis Valdivieso, chairman of Peru’s pension fund association, told LatinFinance on Thursday. The country’s private pension fund regulator, the SBS, approved regulations earlier this week that are intended to simplify investing by Peru’s private pension managers, the AFPs. They will no longer need regulatory approval for most investments, including buying bonds, shares, some structured products and

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