The president of Mutualidad, Enrique Sanz Fernández-Lomana, has defended Alternative savings through mutualsbut also the creation of the ‘catwalk’ that allows The mutualists go to Public Pension System.
Last week the deadline of Presentation of partial amendments to the proposition of the law of the PSOE For collegiate professionals to have a system, or ‘catwalk’, to transfer the economic rights accumulated in a mutuality to the Special Sign of Autonomous Workers (RETA).
It is a claim that the professional mutualists have maintained for several years, who demonstrated again this Saturday denouncing the situation of lack of protection suffered by the collective After decades of contributions to alternative mutualities to Social Security.
During the presentation of New Mutuality Strategic Plan for the 2025-2028 periodSanz Fernández-Lomana has referred to the “possible adjustments” in the regulation (the proposition of the law follows its parliamentary process) of the alternative mutualities that “could end” this savings model.
“We continue to defend the suitability and maintenance of alternative. We continue to support him as a success project. But we continue to defend the ‘catwalk’, the one that will allow alternative mutualists who wish to pass the savings they have accumulated in mutuality to the public system, to the challenge, “he said.
This “predictable and desirable” regulatory change is what “gives importance and gives meaning” to the plan that the Mutuality Group has presented today. It has been designed with a scenario of “maximums” that contemplates the possibility that up to 60,000 mutualists leave the entity to go to the challenge, if the ‘catwalk’ is finally approved.
“We have stressed our figures precisely for Generate a strategic project that is strong, credible and viable. That the 60,000 mutualists can pass is a possibility, but it is quite unlikely, “he said.
Thus, the plan contemplates Increase customers from the current 210,000 to 226,000, If all 60,000 mutualists leave, or 272,000 clients, if everyone decides to stay. As for the volume of premiums, which in 2024 were around 595 million euros, the group expects to be reached between 795 million and 985 million at the end of 2028.
Besides, The entity has marked a solvency ratio of between 175% and 225% at the end of the periodas explained by the newly appointed general director of the Mutuality Group, Rafael Navas.
Bet on complementary savings
Beyond the possible regulatory changes, Sanz Fernández-Lomana has also commented that the group is observing a “change” in the structure of law on the start model in the profession. Specifically, he explained that The new lawyers no longer exercise on their own, but they are doing it on behalf of others.
In this way, The previous strategic plan already contemplated this circumstance and put the focus on growth in mutuality, but in voluntary savings products.
“Our current business model is based on a complementary savings 70%complementary pension, and only 30% constitute alternative savings, “he added.
