Afores

E918379

Afores are private financial institutions in Mexico that manage and invest workers’ individual retirement savings accounts within the country’s pension system.

All labels observed (2)

Label Occurrences
Afores canonical 2
AFORES 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf pension fund administrator ⓘ
private financial institution ⓘ
abbreviationOf Administradora de Fondos para el Retiro ⓘ
accountType individual capitalization account ⓘ
allows portability between Afores ⓘ
voluntary additional contributions ⓘ
associatedWith Sistema de Ahorro para el Retiro ⓘ
benefitType defined contribution ⓘ
contributionsSource employer contributions ⓘ
government contributions ⓘ
worker contributions ⓘ
countryOfOperation Mexico ⓘ
distinguishedFrom public pay-as-you-go pension schemes ⓘ
fundsInvestedIn Siefore investment funds ⓘ
hasRegulatoryRequirement capital adequacy rules ⓘ
investment limits by asset class ⓘ
minimum disclosure standards to account holders ⓘ
introducedInReform 1997 Mexican pension reform ⓘ
invests workers’ retirement funds ⓘ
languageOfName Spanish ⓘ
legalFramework Ley de los Sistemas de Ahorro para el Retiro ⓘ
manages individual retirement savings accounts ⓘ
mandatory retirement savings ⓘ
voluntary retirement savings ⓘ
marketStructure competitive multi-provider system ⓘ
monitoredBy Mexican Ministry of Finance and Public Credit ⓘ
objective maximize long-term risk-adjusted returns for workers ⓘ
offers online account statements ⓘ
retirement planning information ⓘ
operatesInSystem Mexican pension system ⓘ
paysOut disability-related retirement benefits ⓘ
retirement benefits ⓘ
survivor benefits ⓘ
primaryGoal accumulate retirement savings ⓘ
provide income in old age ⓘ
regulatedBy CONSAR ⓘ
Comisión Nacional del Sistema de Ahorro para el Retiro ⓘ
replaced pay-as-you-go public pension scheme for private sector workers ⓘ
revenueModel management fees on assets under management ⓘ
riskManagement diversified investment portfolios ⓘ
sector financial services ⓘ
pension fund management ⓘ
serves IMSS-affiliated workers ⓘ
ISSSTE-affiliated workers ⓘ
formal sector workers in Mexico ⓘ
supervisedBy CONSAR ⓘ
targetPopulation workers covered by the Mexican social security system ⓘ

How these facts were elicited

Referenced by (3)

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