October 2024
16Oct

Record-Breaking €1 Billion: Brazilians Boost Portugal’s Pension Fund Like Never Before!

In a remarkable achievement, Brazilian workers in Portugal contributed over 1 billion euros to the country’s social security system in 2023. This significant increase of 57% compared to 2022 highlights the vital role immigrants play in sustaining Portugal’s economy. But what does this mean for the future of labor in Portugal? Why Are Brazilian Workers Essential to Portugal’s Social Security System? Brazilian immigrants are becoming indispensable to Portugal’s economy. With local workers aging and fewer young people entering the labor market, how can...

October 16, 2024
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September 2023
05Sep

Raise pension contributions to combat UK capital market decline, says think-tank

Higher minimum contributions to pension schemes and turning the regulatory screw would help plug shortfalls in retirement income and reverse shrinkage in Britain's capital market, think-tank New Financial said in a report on Tuesday. A welter of regulatory reforms to bolster London's capital market and boost the flow of money from pensions into investments is a good start, but more is needed to avoid pensioners having too little to live on, said New Financial CEO William Wright. "This isn't something that...

September 5, 2023
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