Chilean system overhaul
CHILE - Chile is expected to sign into law tomorrow a program which would overhaul the pensions system, according to reports.
Reports have suggested the program would cost $2bn a year and would allow groups left out by private pensions to join the public pension system by 2012, The groups such as self employed, housewives and...
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Chilean pension funds hit $153bn
CHILE - Chilean pension funds reached $153bn in assets in June, up 11% from the previous year, according to data released by the pension regulator.
OTPP to vie for Chilean utilities stake
CHILE/CANADA - The Ontario Teachers' Pension Plan plans to bid to increase its stakes in two Chilean water utilities.
Chilean funds fall on equity returns
CHILE - Chilean pension funds reported $145bn in assets at the end of February, though most took a hit for the month because of low equity returns.
Chile's Pension Reserve Fund gains investment leeway
CHILE - Chile's $4bn Pension Reserve Fund has received the okay to make maiden investments in global equities and global corporate bonds, as well as in four new currencies, the Ministry of Finance said.
Chile raises international investment limit
CHILE - The Central Bank of Chile has raised the amount of assets pension funds can invest internationally to 80% from 60%.
