Company Information

Get to know Provida AFP

Provida AFP is a Chilean Pension Fund Administrator (AFP) founded in 1981, making it one of the pioneers in the country's private pension system. As a subsidiary of the global insurance giant MetLife since 2013, its primary business is managing the individual capitalization retirement accounts for its affiliated workers. The company administers both mandatory and voluntary pension savings (APV), investing these funds to generate long-term returns to finance the future pensions of its members. Provida aims to provide financial security and support to its clients throughout their working lives and into retirement.

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Financial InvestmentPRIMARY
Financial Other Service

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Provida AFP

Chile

Founded in

1981 (45 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.