“What we have is an industry with a regulated price, with a cap on commissions, and the industry has been adapting to this cap,” he said at the Amafore 2025 Meeting.
He highlighted that by law, the general methodology to determine the limit considers three countries: the United States, Colombia and Chile.
Last week, the Supreme Court of Justice of the Nation ruled that this limit on the commissions that Afores can charge is constitutional.
It was announced that Afore Invercap had challenged this resolution arguing concepts of violation such as the economic right to competition and free access to markets, but the Supreme Court said that its intention was not valid due to the constitutionality of the cap on commissions.
Amafore said that this SCJN resolution has been dragging on since the pension reform was approved in 2020. “The important thing is that this regime, having a controlled price with a cap, is internalized by the sector.”
