[ad_1]
Breaking with the peaks of recent months, after historical figures were given between March and June in the framework of the coronavirus crisis, the total of 289,532 pension fund transfers in July, equivalent to 5.6% of the total of contributors and 2.6% of the total affiliates for said month
With this, the amounts transferred amounted to $ 5,541,488 million, which represents 3.4% of pension funds.
Of the total transfers in July, 91% corresponded to changes in the same AFP (262,729 transfers), while the remaining 9% were movements to another entity (26,803 transfers).
Thus, there was a drop in total transfers of 56.0% with respect to the previous month and an increase of 44.9% with respect to the same month of the previous year.
The fund with the highest number of net transfers (additions minus withdrawals) in July was E, with 52,775 net additions, while fund B registered the opposite case, with 49,735 net exits.
Meanwhile, the results of funds A, C and D were of 14,007 and 5,469 and 5,498 net transfers respectively.
A similar situation was observed in the result of the transfers between January and July. The fund with the highest number of net transfers was E, with 188,054 net additions, while the Type B fund registered the opposite case, with a negative net of 236,308 movements.
In turn, the results of Type A, C and D funds were an outflow of 75,668, 119,550 and an increase of 4,372 net transfers respectively.
When analyzing transfers by AFP, in July Capital was the one that presented the highest number of net transfers (more incorporations than withdrawals due to transfers), with 2,604 affiliates, while the inverse case was Planvital, with an outflow of 3,568 net transfers.
Meanwhile, so far in 2020, the administrator with the best net balance is Capital, with 20,164 transfers, while Planvital and Modelo show the opposite case, with net outflows of 18,455 and 18,139 affiliates respectively.
Transfers to other AFPs have experienced greater fluctuations in relation to the bidding processes for the portfolio of new affiliates, generating significant changes in the value of commissions.
[ad_2]
