The Portuguese Insurance and Pension Funds Supervisory Authority (ASF) published its Q3 2025 report on pension fund activity, indicating that pension fund assets under management increased 1.1% versus end-2024 to around EUR 19.5 billion. Contributions to pension funds rose 46.8% compared with the same period of the previous year, while benefits paid increased by about 1.3%. At end-September 2025, 239 pension funds were under management, reflecting the establishment of six funds and the termination of six others.
Portuguese Insurance and Pension Funds Supervisory Authority reports pension fund assets up 1.1% to about EUR 19.5bn by end-Q3 2025
The Portuguese Insurance and Pension Funds Supervisory Authority (ASF) reported a 1.1% increase in pension fund assets under management to approximately EUR 19.5 billion as of Q3 2025. Contributions surged by 46.8% year-on-year, while benefits paid rose by 1.3%. The number of managed pension funds remained stable at 239, with six new funds established and six terminated.