Mexico to allow outside firms to help manage worker pensions

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MEXICO - Mexico will allow pension operators to hire third-party firms beginning in May to help manage their investments, the chief of the country's retirement-fund regulator said.

The agency, known as Consar, or National Commission for the Pension System, plans to publish the rules for contracting outside investment firms before April 30, Pedro Ordorica, Consar's president, ...

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