Overview
- Total assets climbed to about 8.3 trillion pesos, near 24% of GDP, after the system booked record investment gains of 1.14 trillion pesos in 2025, according to Consar.
- Net profits for Afores rose 30% to 14,348 million pesos as firms benefited from market gains despite lower average commissions of about 0.55% in 2025 and a 0.54% cap set for 2026.
- Unemployment withdrawals hit all-time highs of 39,118 million pesos across 1.94 million transactions, with Consar attributing much of the jump to illegal third-party facilitators and stepping up oversight and consumer warnings.
- Industry concentration remains high, with Profuturo, XXI Banorte, SURA and Banamex managing roughly 70% of worker savings at year-end 2025.
- Company results diverged sharply: Afore Azteca’s real profits doubled (+106%) and public PensionISSSTE rose +127.9%, while tax authorities separately move to collect at least 51 billion pesos from Grupo Salinas in January 2026.