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Emerging Markets

Banco Master pension rule reshapes Brazil’s RPPS funds

The Rio Times · 4h ago · 🇧🇷 Brazil

Banco Master pension rule reshapes Brazil’s RPPS funds

Brazil's new CMN Resolution 5.272 restricts uncertified public-servant pension funds (RPPS) to federal bonds, affecting 85% of them. Private PGBL/VGBL pensions are untouched. The rule follows losses from Banco Master's collapse. The post Banco Master pension rule reshapes Brazil’s RPPS funds appeared first on The Rio Times .

Read the full story at The Rio Times →

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