PORTUGAL - The IMF has said that the Portuguese pension system remains fundamentally unsustainable, despite earlier pension reforms and to stabilise the system, pension benefits may have to be reduced.
In a report on pension reform in Portugal, the IMF said that Portugal will face adverse demographic trends in the coming decades which will result in significant ageing-related spending pressures, in the...
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.