Pension plans are subject to extensive regulation and supervision involving the following agencies:
The Board of Trustees
It supervises the plan, its operation and proper execution.
The Asset Manager
It is in charge of making investment decisions regarding equity. These decisions should always be in line with the Plan’s Investment Policy.
The Depositary
It is responsible for the custody of the securities and financial assets in the fund’s portfolio. By law, the Management Company and the Custodian must be independent entities, since they are responsible, among other things, for supervising each other.