SPAIN/PORTUGAL - Pioneer Investments has appointed Teresa Molins as senior sales manager of its institutional business in Spain and Portugal.
PORTUGAL - Moody's has downgraded Portuguese debt to 'junk' status on fears it will need a second bail out just months after it received €78bn ($112bn).
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
PORTUGAL - The country's €78bn ($116bn) bailout package will include cuts to higher pension payments, but left many other pension provisions in place.
DENMARK/PORTUGAL - Denmark's second-biggest pension fund said it may snap up Portuguese bonds if they keep falling after the country became the third euro member to seek a bailout since Greece's fiscal woes triggered the sovereign debt crisis.
PORTUGAL - Portugal Telecom has agreed to sign over its pension fund, which has €2.8bn ($3.7bn) in liabilities, to the state.
Portugal's third pillar system has come under fire from the pension industry, with insiders questioning the need for a publicly-funded third pillar in competition with private options.
PORTUGAL - Deutsche Bank is to offer custody and related services to Portuguese pension funds.
PORTUGAL - The Portuguese banking system was "more than usually" exposed to equity price risk through employee pension funds, an IMF report showed.
PORTUGAL - Portuguese pension funds received average expected returns of 1.4% (m-o-m) for August despite market volatility, said a report released by Watson Wyatt in Portugal.
PORTUGAL - Portuguese pension funds reported a 0.3% return in June, with main positive contributions from domestic equities, 36% of the total portfolio.
PORTUGAL - The Portuguese government has set out its controversial agenda to overhaul the first pillar pension system with measures designed to boost funding levels and reduce benefit payments.
PORTUGAL - Portuguese pension funds reported a -0.3% return in April 2006 with main negative contributions from fixed income, worth around 31% of the total portfolio.
PORTUGAL - The Organisation for Economic Co-operation and Development (OECD) has warned urgent action needs to be taken if the Portuguese state pension system is to be financially sustained beyond 2014.
PORTUGAL - Portuguese pension funds reported a 1.1% return in March 2006, a positive performance assisted by rising interest rates, said Watson Wyatt.
PORTUGAL - Portuguese pension funds reported a 1.8% return in February 2006, a particularly good month for portfolios invested in domestic equities, said Watson Wyatt.
PORTUGAL - Portuguese pension funds reported a 0.6% return in January 2006, a month marked by volatility, according to Watson Wyatt.
PORTUGAL - Portuguese pension funds reported a 1.9% return in December, the best monthly return this year according to Watson Wyatt.
PORTUGAL - Portuguese pension funds reported a 1.5% return in November, the best return this year, according to Watson Wyatt.
PORTUGAL - October was the worst month this year for Portuguese pension funds, with a negative 1% return posted against a background of falling markets and the expectation of higher inflation.
PORTUGAL - Portugeuse pension funds posted positive returns for August, with the main contributions from equities.
PORTUGAL - Portuguese pension funds are expected to post positive returns in July, returning an average of 0.7%, despite negative sentiment as a result of various terrorist attacks and volatile oil prices.
PORTUGAL - A broad recovery in equity markets buoyed Portuguese pension funds in May with an expected average return of 1.5%, says Watson Wyatt.
PORTUGAL - Portuguese pension funds are expected to return 0.1% in March, dragged down by poor returns from European equities.