Latest news and stories about pension funds in Portugal for expats and residents.
The new administrator of the Insurance and Pension Funds Supervisory Authority (ASF), Carla Sá Pereira, is barred from participating in processes involving her husband, Eduardo Farinha Pereira, who is the regulator's director of conduct supervision. This impediment is “total and permanent,” the supervisory entity led by Gabriel Bernardino guarantees to ECO.
The European Insurance and Occupational Pensions Authority (EIOPA) is seeking input regarding inefficiencies, duplications, and inconsistencies in the regulatory reporting of insurers and Institutions for Occupational Retirement Provision (IORPs). Collecting this feedback is essential as it will help support EIOPA's final report to the European Commission on potential measures for an integrated system.
The insurance regulator warns of the risk of older citizens taking out insurance policies for their children or grandchildren.
The ASF (Insurance and Pension Funds Supervisory Authority), the sector's regulator, accumulated €44 million in cash surpluses after 2023 by charging revenues “unnecessary for the purposes of its mission”, which have been used to “finance the State”, the Court of Auditors concludes. The finding appears in the audit of the financing of ...
The European Commission has stated that pension funds are contributing to the worsening housing crisis in Portugal.
There was already a comparator for PPR in the form of pension funds, and CMVM has now launched a new one for investment fund PPRs. Laginha de Sousa took the opportunity to request “independence of resources.”
