ARGENTINA - Argentina's Senate approved president Cristina Fernandez de Kirchner's plan to nationalise about US$24bn in private pensions.
Of the 65 senators present, 46 voted to back the bill, 18 voted against it and one abstained. The funds will be transferred to the state-run social security agency, known as Anses, which will be in...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date