IMF calls for Latin American reform
SOUTH AMERICA - The International Monetary Fund (IMF) has called for reforms across all Latin America as contributions are "often inadequate".
In its regional economic outlook for the Western hemisphere, the IMF said there was a need to reform the public pension systems across Latin America. "Beneficiaries of these systems tend to come from...
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S&P Indices launches new index
AMERICAS- S&P Indices has launched its first in a series of indices designed to measure the performance of the Chilean, Columbian and Peruvian stock exchanges.
ING sells LatAm business for €2.7bn
LATIN AMERICA - Dutch firm ING Groep has agreed to sell its Latin America pension and life insurance business for €2.7bn ($4bn) to Colombian firm Grupo de Inversiones Suramericana (GRUPOSURA).
Week on the Web: What stories have you missed out on this week?
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
Peru to 'shield' pension funds from Humala, Benavides says
PERU - Peru will seek to toughen laws to prevent presidential front-runner Ollanta Humala from tampering with $30bn managed by private pension funds should he win next month's election, Finance Minister Ismael Benavides said.
Puerto Rico credit rating may be cut over pensions
PUERTO RICO - Puerto Rico's A3 general-obligation debt rating is under review for a possible downgrade because of pension strains, Moody's Investors Service said.
