Each pension matches a particular reality and affiliates and AFP's must work hand in hand for their expectations to be met

Along the online conversation with affiliates, the discussion was about the three pillars that make up the pension system, its characteristics and benefits, and also hints were given on how to build up a pension that matches the reality of each individual.

Santiago, August 9, 2017. AFP Capital held the second live stream with affiliates. This time, the objective was to carry out an in-depth analysis of the current pension system, its pillars and how to build a pension based on the reality of each individual.

Eduardo Vildósola, AFP Capital's general manager, and Yasna Apablaza, Service manager, explained the three pillars making up the system, their characteristics, differences and benefits. Additionally, they provided hints on how to build and strengthen future pension according to the reality of each individual.

'The final pension is the average of savings along the entire working life; therefore, the amount will not be equal to the last salary paid. However, if you make a plan and you stick to it, you can achieve up to 70% of the average of the salaries paid during the last 10 years of work,' said Vildósla, who highlighted the importance of voluntary savings, as a pension booster and also listed the benefits derived from the monthly payment of contributions.

Finally, Yasna Apablaza stressed the importance for individuals to know about their pension at least once a year in order to be able to manage a pension according to their expectations.

There were about 1,000 people connected to the online chat, with which AFP Capital seeks to enhance the dialogue with its affiliates and this was the first time sign language interpreter was included. In addition, it included an online chat so that the participants could send their questions and doubts to speakers

About AFP Capital

AFP Capital is a company of SURA Asset Management Chile whose operations in Chile are pension, insurance, mutual funds and stocks. As of the end of Q1 2017, AFP Capital's AUM amounts to US$ 35.8 billion owned by 1.7 million customers, and ranks 4th in the market.

About SURA Asset Management

SURA Asset Management is a Latin American company with operations in Pensions, Savings and Investments in Mexico, Peru, Chile, Colombia, Uruguay and El Salvador. It is a subsidiary of SURA Group and has three minority shareholders: Bolivar Group, Bancolombia and Wiese Group.

As of the end of Q1 2017, SURA Asset Management's AUM amounts to USD$123.4 billion owned by 19.2 million customers.

* Customers and AUM include AFP Protection in Colombia and AFP Crecer in El Salvador, although not controlled companies, SURA AM has a significant stake.

Grupo de Inversiones Suramericana SA published this content on 15 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 August 2017 21:36:03 UTC.

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