Peru's SPP hits the 15-year mark

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This year will see the fifteenth anniversary of Peru's Private Pension System, which was based on the Chilean model. Fernando Muñoz-Nájar looks at how the system has taken root in the Andean country

In Peru back in 1991, the government was in serious financial difficulties and the coffers were empty. Public pensions, the only ones existing at the time, were extremely low and pensioners lived i...

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