最新报道:Chile's Congress approved a generational pension fund reform in March 2025, replacing the multifund system with life-cycle investing that shifts portfolios from equities to bonds as savers age. The overhaul adds employer contributions, boosts state-funded minimum pensions, and introduces biennial fee auctions to pressure administrators. While tokenization initiatives like AUNA Blockchain test digital bonds, crypto inclusion remains limited—requiring legal changes and strict caps. The reform aims to lift replacement rates and spread risk, but critics warn it lacks deeper technological innovation and citizen engagement needed for true modernization.