Savings

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Comfama and BMI Seguros Colombia launched 'Ahorro Seguro', a product combining life insurance and savings with monthly contributions starting at 20,000 pesos. It targets individuals over 18, from young workers starting their careers to families seeking affordable financial protection. The initiative aims to promote saving habits among low-income segments.

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Serge Papin, the junior minister for Commerce and Purchasing Power, has proposed allowing employees earning less than two times the minimum wage to withdraw up to 2,000 euros from their company savings plans tax-free. The measure aims to boost consumption amid economic gloom. The amount could rise during parliamentary debates.

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