Thursday, July 28, 2011

Changes to the investment regime of the Afore

Mexico has announced further adjustments to the investment of the Administrators of Retirement Funds (Afore).

1) It rises 5% investment in equities over the 5 basic Siefore.
2) The member may remain voluntarily in the basic Siefore 2 until 60 years old.
3) The resources of pension funds may also be channeled through medium-sized companies as an endorsement of Nafinsa.

More information here and here.

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