Brazil’s National Superintendence of Complementary Pension (PREVIC) has updated its Strategic Plan, replacing the plan approved in 2023 with a new five-year plan for 2025–2030. The revision reframes PREVIC’s institutional mission and positions the period to 2030 as an opportunity to refine supervisory, licensing and rulemaking concepts and processes, with the stated aim of helping remodel the closed pension fund sector to be more modern and attractive to sponsors and younger participants. The plan was revised through internal debates involving all areas of PREVIC and resulted in 48 strategic actions, of which 42 are new and six are carried over from the previous plan. These actions are grouped under six priority themes: developing and modernising PREVIC, generation and dissemination of knowledge, regulation and rulemaking, supervisory strategies and doctrines, inspection processes, and management processes. PREVIC also notes the plan is intended to be reviewed as circumstances evolve and may be amended to add new actions or objectives.
Brazilian Pension Funds Authority (PREVIC) 2025-01-08
Brazilian Pension Funds Authority updates its five-year strategic plan with 48 actions through 2030
Brazil’s National Superintendence of Complementary Pension (PREVIC) has unveiled a new Strategic Plan for 2025–2030, replacing the 2023 plan. The updated plan includes 48 strategic actions, focusing on modernizing the closed pension fund sector and enhancing supervisory, licensing, and rulemaking processes. The plan is structured around six priority themes and may be amended as circumstances evolve.