Administradoras de Fondos para el Retiro

E918370

Administradoras de Fondos para el Retiro are private financial institutions in Mexico that manage and invest workers’ mandatory retirement savings accounts within the national pension system.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf pension fund administrator ⓘ
private financial institution ⓘ
retirement savings manager ⓘ
abbreviatedAs AFORE ⓘ
accountType individual defined-contribution accounts ⓘ
allows portability of accounts between AFORE providers ⓘ
beneficiaryOfContributionsFrom Mexican federal government ⓘ
employers ⓘ
workers ⓘ
componentOf Sistema de Ahorro para el Retiro ⓘ
country Mexico ⓘ
currency Mexican peso ⓘ
feeType commission on balance under management ⓘ
fundTypeManaged SIEFORE ⓘ
Sociedades de Inversión Especializadas en Fondos para el Retiro ⓘ
introducedInReform Mexican pension reform of the 1990s ⓘ
invests workers’ retirement contributions ⓘ
languageOfName Spanish ⓘ
legalFramework Ley de los Sistemas de Ahorro para el Retiro ⓘ
Mexican social security law ⓘ
manages individual capitalization accounts ⓘ
mandatory retirement savings accounts ⓘ
marketStructure competitive multi-provider system ⓘ
obligation disclose fees and commissions ⓘ
invest funds according to regulatory limits ⓘ
provide account statements to workers ⓘ
offers different investment funds by age or risk profile ⓘ
operatesIn Mexican pension system ⓘ
paysOut disability and survivorship benefits through pension mechanisms ⓘ
retirement benefits at legal retirement age ⓘ
purpose administration of retirement savings ⓘ
generation of returns for workers’ retirement ⓘ
investment of pension funds ⓘ
regulatedBy investment regime set by CONSAR ⓘ
regulatesActivity management of individual retirement savings accounts ⓘ
relatedTo Mexican social security system ⓘ
replacedSystem pay-as-you-go public pension model for private sector workers ⓘ
revenueModel management fees on assets under management ⓘ
risk investment risk borne mainly by worker ⓘ
riskManagement must comply with diversification rules ⓘ
sector financial services ⓘ
serves formal sector workers in Mexico ⓘ
workers affiliated to Instituto Mexicano del Seguro Social ⓘ
workers affiliated to Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado ⓘ
subjectTo periodic performance evaluation by CONSAR ⓘ
public disclosure of net returns ⓘ
supervisedBy Comisión Nacional del Sistema de Ahorro para el Retiro ⓘ
targetOutcome adequate replacement rate for retirees ⓘ

How these facts were elicited

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

Comisión Nacional del Sistema de Ahorro para el Retiro → regulates → Administradoras de Fondos para el Retiro ⓘ
National Commission of the Retirement Savings System (Mexico) → regulates → Administradoras de Fondos para el Retiro ⓘ
CONSAR → regulates → Administradoras de Fondos para el Retiro ⓘ
Sistema de Ahorro para el Retiro → implementedBy → Administradoras de Fondos para el Retiro ⓘ
Sociedades de Inversión Especializadas en Fondos para el Retiro → operatedBy → Administradoras de Fondos para el Retiro ⓘ
AFORE → acronymFor → Administradora de Fondos para el Retiro ⓘ
linked to: Administradoras de Fondos para el Retiro
SIEFORE → associatedWith → Administradoras de Fondos para el Retiro ⓘ
Afore → abbreviationOf → Administradora de Fondos para el Retiro ⓘ
subject linked to: Afores
linked to: Administradoras de Fondos para el Retiro