Mexico: Financial Sector Assessment Program Update: Technical Note: Industrial Organization and Competition: Pension System in Mexico
Volume/Issue:
Volume 2007
Issue 164
Publication date: May 2007
ISBN: 9781451825725
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Business and Economics , Social Science , Finance , Economics- Macroeconomics , Public Finance , Demography , ISCR , CR , incumbent Afores , fee structure , cost firm , price escalation , commissions income share , company marketing costs , equivalent commission , high quality Afores , prices low , marketing cost , cost AFOREs , D , commission structure , commissions income , Pension spending , Competition , Price controls , Demand elasticity , Aging
Summary
The technical note on Mexico’s Financial Sector Assessment Program update analyzes that the private pension system’s regulator in Mexico has introduced innovate rules. Mexico, as with many other countries in Latin America, has adopted an individual capitalization pension system. The design of these pension reforms confers the administration of pension funds to private companies. Under these schemes, competition plays a key role, keeping prices low, a good quality of service, and an efficient investment allocation.
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