One of the main changes introduced by these amendments is the requirement to send a detailed report on the fund’s investments to CSSPP every week. The regulator points out, in a press release, that fund administrators are still obliged to publish the detailed structure of their investment portfolio on their websites twice a year.
The bills also repeal a ban on sending advertising materials together with the annual letter to the contributor, arguing that they are useful tools to promote the private pension system, as well as voluntary pensions. All advertising materials must first be sent in to the regulator.
Furthermore, fund administrators may not charge their contributors more for requesting additional information than what it costs to make that information available.