Construction site
News Article
According to Grupo Banorte, AFOREs are venturing in areas like infrastructure and energy, nonetheless, there are some challenges to face.
News Article
A new agreement seeks to help Beat partner drivers to save for their retirement through IDB and CONSAR.
Image by Ahmar Ardity from Pixabay
Weekly Roundups
Mexico’s economic recovery to slow down in 3Q21. Unemployment withdrawals increased and Evergrande’s downfall impacted the Stock Exchange.
Image by Aamiraimer from Pixabay
News Article
Unemployment withdrawals increased for a third consecutive month to reach their highest point in 2021, according to CONSAR.
Weekly Roundups
Afore withdrawals due to unemployment rose 30 percent in January, reaching their highest level since 2005
COVID19, infections, crisis
Weekly Roundups
Afore withdrawals saw an all-time high in June. However, AMLO is confident that his government will create 2 million jobs by the end of 2020
Retirement savings are being as contingency measure in light of unemployment
News Article
In April 2020, Afores registered historic maximums in capital gains and in unemployment withdrawals.
Director of Epidemiology José Luis Alomía during May's 15 briefing.
News Article
Over 290 new deaths and 2,437 more positive cases were added in the last 24 hours. Jose Luis Alomía says 300,000 more tests will reach all states
Structured vehicles such as CKDs and CerPIs are gaining popularity among developers and funds that can now access funds from Afores
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