Mexico’s Consar plans new rules for Afores

Mexico’s Consar plans new rules for Afores, the companies that manage workers’ retirement savings.

The regulator says the rules will strengthen governance, risk management and oversight of the funds.

They will also require clearer, more timely information for savers and promote financial education and protection.

Afores are expected to improve service by simplifying procedures and reducing wait times.

Consar said Afores’ investment gains exceeded 700 billion pesos in 2026, amid financial market volatility and the war in Iran.

The regulator said diversified portfolios and long-term investment management helped the retirement savings system remain resilient.