What AFP Integra does

AFP Integra S.A. is a Peruvian pension fund administrator (Administradora de Fondos de Pensiones, AFP) operating within Peru's Sistema Privado de Pensiones (SPP) under regulation by the Superintendencia de Banca, Seguros y AFP (SBS). Founded in 1993 and headquartered in San Isidro, Lima, the company is a wholly-owned subsidiary of Grupo SURA, the largest pension fund management group in Latin America. AFP Integra administers over S/ 37,893 million (~USD 10B+) in pension fund assets for approximately 4.9 million affiliates, making it the market leader by AUM in Peru's AFP system. The company also serves 164,000+ clients through voluntary contribution accounts managing over S/ 678 million, and operates a network of 15 physical agencies nationwide covering all major Peruvian cities.

The company's core platform is the Agencia Digital web portal and mobile application, which supports 25+ fully digital procedures including retirement applications, voluntary contributions, fund changes, housing withdrawals, disability claims, survivor benefits, and account management. Asset management is delivered through a multi-fund system with four risk-tiered funds (Fondo 0 Ultraconservador, Fondo 1 Conservador, Fondo 2 Moderado, Fondo 3 Crecimiento), with AFP Integra ranking #1 in five-year Fondo 2 returns at 6.10% annualized vs. 5.55% system average. The AI-powered digital advisor Irene provides 24/7 customer assistance via web, WhatsApp, and mobile app. Employer services are delivered through the AFPnet web platform, supported by Serviefectivo for debt recovery. Additional infrastructure integrates six major Peruvian banks for payments, EsSalud for healthcare coverage, and life annuity insurance companies for pension disbursement modalities.

AFP Integra's revenue model is built on recurring asset-based and flow-based commissions regulated by SBS: a 0.78% annual commission on fund balance (2nd lowest in the market), a 1.55% monthly commission on salary (legacy scheme), a 1.37% insurance premium on salary, and tiered voluntary contribution commissions (0.50%-2.00% annual) varying by fund type. The company employs 501-1,000 staff across Peru and is led by Gerente General Aldo Ferrini Cassinelli, with Jean Pierre Rodolfo Fournier Romero as VP of Investments and Cesar Augusto Chang Milla as VP of Finance and Operations. The investment team comprises CFA, CAIA, and FRM credentialed professionals organized across top-down and bottom-up strategies for public and private markets. AFP Integra ranked #1 in the Merco Empresas sector ranking for 2024 and #2 in Merco Responsabilidad ESG 2024.

Name

AFP Integra

Legal name

AFP Integra S.A.

Website

https://afpintegra.pe

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

AFP Integra is Peru's largest pension fund administrator (AFP), managing over S/ 37,893 million for 4.9 million affiliates under the country's private pension system. A subsidiary of Grupo SURA, it offers multi-fund investment management, voluntary contribution accounts, and 25+ digital procedures via its Agencia Digital platform and AI advisor Irene.

Ownership category

akta.pro rank

Product category

Pension Fund Administration

NAICS

Pension Funds (52511), Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

SIC

Finance Services (6199), Investment Advice (6282)

akta.pro primary industry

Pensions & Retirement Benefits Administration (BPAIAKAA)

Keywords

• Pension fund administration
• Retirement savings management
• Multi-fund portfolio management
• Voluntary pension contributions
• Employer payroll administration

Headquarters

HQ city

San Isidro

HQ country

Peru

HQ region

Latin America

Offices16 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Commission on Fund (Comisión sobre el Fondo): Annual commission charged on the total balance of each affiliate's pension fund account (CIC). The commission is 0.78% per year for AFP Integra and is deducted annually from the fund balance (contributions plus returns). This is the primary revenue model for the majority of affiliates who are on the 'comisión sobre el fondo' scheme.
2. Commission on Flow (Comisión por Flujo): Monthly commission charged on the worker's salary for affiliates who selected this scheme in 2013. The rate is 1.55% of monthly salary. Only applies to legacy affiliates who opted into this commission structure.
3. Insurance Premium Collection: AFP collects insurance premiums for disability, survival, and burial expense coverage (Seguro de Invalidez, Sobrevivencia y Gastos de Sepelio). The insurance premium is 1.37% applied to salary with a cap of S/ 12,598.91 (applicable April-June 2026). AFP acts as collector and administrator of this insurance benefit.
4. Voluntary Contribution Account Management: Management fees for voluntary contribution accounts (Con and Sin Fin Previsional). Commission varies by fund type: Fondo 0 at 0.50% annual equivalent, Fondo 1 at 1.15%, Fondo 2 at 1.75%, and Fondo 3 at 2.00%. These are monthly commission charges on the administered balance.
5. Pension Fund Investment Management: AFP generates returns by investing pension fund assets across diverse asset classes including public market securities, private market investments, and international assets, adhering to SBS-mandated investment guidelines. The fund growth (rentabilidad) generates value for affiliates and demonstrates fund management performance.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

AFP Integra administers private pension funds in Peru under the Sistema Privado de Pensiones (SPP), managing individual capitalization accounts (CIC) for over 4.9 million affiliates. The company offers four fund types (Fondo 0, 1, 2, 3), voluntary contribution accounts with and without fin previsional, disability and survivor insurance, four pension disbursement modalities, international fund transfers, and an employer payroll platform (AFPnet).

Product overview

AFP Integra is Peru's #1-ranked pension fund administrator (AFP), backed by SURA (Latin America's leading pension group). It operates the Agencia Digital as its primary unified digital platform, which integrates all core services including multi-fund pension management (Fondo 0/1/2/3), voluntary contribution accounts (Aportes Voluntarios Sin/Con Fin Previsional), pension disbursement under four modalities (Retiro Programado, Renta Vitalicia, Renta Temporal con Renta Vitalicia Diferida, Renta Vitalicia Escalonada), and 25+ fully digital procedures. The digital advisor Irene powers 24/7 assistance via chat and WhatsApp. Employer services are delivered through the AFPnet portal. The product suite also includes specialized benefits — the 95.5% lump-sum retirement withdrawal, Pensión Mínima Objetivo (minimum target pension), the 25% home purchase withdrawal, Recognition Bonds (Bono de Reconocimiento) for ONP-to-AFP transitions, international fund transfers, disability and survivor pensions, burial expense reimbursement, and inheritance payouts. Digital procedures span account management, fund changes, pension applications, employer debt reprocessing, and international social security agreements. The platform connects to major Peruvian banks (BCP, BBVA, Scotiabank, Interbank, GNB, Banbif) for payments and contributions, EsSalud for health coverage, and ServiEfectivo for debt collection.

Differentiator

Problem solved

Functional benefit

Products and services

• Mandatory Pension Fund Administration (CIC)
• Voluntary Contribution Accounts (Aportes Voluntarios)
• AFPnet Employer Platform
• Disability and Survivor Insurance (Seguro de Pensión)
• Pension Disbursement Modalities
• International Fund Transfer Service
• Agencia Digital Self-Service Platform
• Irene AI Digital Advisor

Quantifiable outcome

• 5-year annualized return of 6.10% for Fondo 2 (Jan 2021 - Jan 2026) vs. system average of 5.55%, ranking #1 among all AFPs in Peru.
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• ServiefectivocoreChannel Partner/ Reseller/ DistributorServiefectivo is listed as an ally for debt recovery management (gestión de recuperación de aportes). They handle administrative and judicial debt collection for employer unpaid pension contributions on behalf of AFP Integra. Serviefectivo manages the collections process including contact, negotiation, and payment recovery for outstanding employer debts.
• EsSalud (Seguro Social de Salud del Perú)coreStrategic or Co-development PartnerEsSalud provides healthcare services to AFP Integra pensioners and their beneficiaries. As part of pension administration, 4% of pension payments is deducted monthly to fund EsSalud coverage. Pensioners and their beneficiaries receive medical attention through EsSalud's healthcare network. AFP Integra coordinates with EsSalud for survivor and pensioner healthcare access.
• Insurance Companies (SISCO)coreStrategic or Co-development PartnerAFP Integra works with insurance companies operating within the SISCO (Seguro Complementario de Trabajo de Riesgo) framework for disability, survival, and burial expense coverage. The insurance products are regulated by SBS and provide pension increments for disabled or deceased affiliates through AFP Integra's administration.
• Insurance Companies (Life Annuity Providers)coreChannel Partner/ Reseller/ DistributorAFP Integra offers pensioners the option to transfer their pension fund to insurance companies (compañías de seguros) for life annuity products. These include Renta Vitalicia Familiar, Renta Temporal con Renta Vitalicia Diferida, and Renta Vitalicia Escalonada. AFP Integra facilitates these transfers and coordinates with insurance partners regulated by SBS.
• SCP PerucoreOthersSCP Peru (Sociedad de Inversiones y Servicios Previsionales) is referenced as a financial institution that provides the 'Pensión Mínima Objetivo' insurance guarantee for the new minimum pension target retirement option.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Habitat AFP Peru: Peruvian AFP operating in the same SPP under SBS oversight, competing for traspasos and employer clients with comparable multi-fund, voluntary contribution and pension disbursement offerings.
• AFP Capital (Colombia): Sister AFP under the SURA ecosystem operating Colombia's SPP, delivering the same mandatory pension, multi-fund, voluntary contribution and pension modality value proposition as AFP Integra, providing a useful LatAm benchmark.
• Prima AFP: Peruvian private pension fund administrator regulated by SBS, offering the same mandatory and voluntary contribution, multi-fund (Fondo 0/1/2/3) and retirement withdrawal services — direct competitor for affiliates and corporate employer relationships.
• Profuturo AFP: One of the other AFPs operating in Peru's SPP, Profuturo runs the lowest on-fund commission at 0.68% and competes head-to-head with AFP Integra for affiliates, AUM and traspasos under the same SBS regulatory regime.
• AFP Porvenir (Colombia): Colombian AFP managed by Grupo SURA that competes under the same AFP regulatory model as AFP Integra — highly comparable on product set, multi-fund structure, mandatory/voluntary contributions and digital servicing channels.
• Protección (Colombia): Colombian pension administrator (AFP and severance fund) operating with the same mandatory contribution, multi-fund and digital self-service architecture as AFP Integra — a direct LatAm analogue for benchmarking digital channels and AI servicing.

Broad incumbents

• Principal Financial Group (LatAm pensions): US-based asset manager with significant LatAm pension fund exposure (notably in Chile, Mexico and Brazil via AFP-like or savings products); comparable on multi-asset retirement portfolio management and proprietary digital member platforms.
• SURA Asset Management: LatAm-wide pension and asset management group and AFP Integra's parent — operates parallel AFPs in Chile, Colombia, Mexico, El Salvador and Uruguay, sharing investment capabilities, OCIO oversight and a regional brand with the Peruvian entity.
• AFP Habitat (Chile): Chilean AFP that operates across multi-fund Pillar C; previously divested by SURA, it mirrors AFP Integra's product breadth and competitive positioning under a different regulator (SP/Pensiones Chile).
• AFP Cuprum (Chile): Chilean AFP and one of the largest in the Chilean SPP, with comparable multi-fund, annuity/profitability focus and digital pension management — useful comparator on profitability ranking mechanics and 95.5%-style withdrawal policy design.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AFP_Integra
• Facebookfacebook.com/AFPIntegra
• LinkedInlinkedin.com/company/afp-integra

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AFP Integra