Low pensions put financial stability at risk
The impact that Portugal’s low pensions would have on the economy could undermine the country’s financial stability. This was the warning from the President of Portugal’s securities commission, [...]
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Portugal’s Employment and Social Security Minister warns social security and pensions system not assured for the future
“Portugal has “shockingly high poverty levels” Text & Photos: Chris Graeme Portugal’s Minister of Employment and Social Security, Maria do Rosário Palma Ramalho has said that making the [...]
80% of Portuguese pension plans bring in zero for holders
Eighty percent of Portuguese ISAs or PPRs as they are called in Portugal, bring their beneficiaries next to nothing once charges have been levied. The average annual return on PPRs over the past [...]
Investors shy away from Pension Savings Plans with subscriptions plummeting 53%
Interest in private retirement ISA plans (PPRs) in Portugal has fallen drastically in Portugal by as much as 53% after years of being one off the most popular ways to create a retirement nest [...]
PSD promises to raise minimum pension to €820
The leader of Portugal’s PSD centre-right opposition party, Luís Montenegro, has promised to raise the minimum pension to €820 per month if his party wins the forthcoming general election on [...]
PPR pension funds with best yields in Portugal
The level 2 risk fund Bankinter Rendimento PPR from Bankinter Gestión de Ativos offers the best annual yields at three years at 0.18% according to Funds People, citing the Portuguese Association [...]
Funds will invest in residential if it’s profitable
The Portuguese Association of Investment Funds, Pensions and Patrimony (APFIPP), which is a representative of the Real Estate and Pension Funds Investments Management Body (OII) has reacted to [...]
Government transfers CGD pension fund to CGA
The Portuguese government has confirmed that it has transferred the pension fund of public bank Caixa Geral de Depósitos to Caixa Geral de Aposentações for €3Bn. The decision enshrined in a [...]
Pensions may not equal salaries
A university professor’s study has revealed that under half of the Portuguese (43%) are saving for their retirement. And in the study by Professor Fernando Alexandre, a significant part of the [...]
