July 29, 2025 - The Financial Market Commission (CMF) and Superintendence of Pensions (SP) issued today a joint regulation amending the System of Consultations and Offers of Pension Amounts (SCOMP, for its Spanish acronym). The SCOMP provides comparable information about life annuity and programmed withdrawal pension offers to people during their retirement process.

This amendment introduces a modification to the pension system passed in March that removes external offers from the SCOMP as of September 1, 2025. This means companies must provide their best offers within the System, thus eliminating pension offers outside it. The regulation includes a transition period allowing insurance companies to include external offers in Offer Certificates issued until August 31, 2025.

Interested parties can check the Regulations section of the CMF website to review the amendment in detail.