The paper approaches about a possible formation of a "new" elite in Brazil. This elite has been formed by the union, which is currently linked to the financial market. The methodology adopted were interviews with trade unionists, former trade unionists and pension funds leaders and the recovery of the life history of certain social actors considered key figures in the Brazilian pension funds. It is suggested that there has been a conversion of certain trade unionists, because they are talking with the financial market about the pension funds themes. As a result, one evidences different tensions and disputes between trade unionists, who are interested in a pension fund (leading financial) and trade unionists, who reject the new union strategy (traditional unionists).
"trade union elite"; traditional unionist; leading finance; pension funds
