Portugal's Insurance and Pension Funds Supervisory Authority (ASF) published a user guide for its online platform that allows users to compare Portuguese retirement savings plans (Planos de Poupança-Reforma, PPR). The tool, established under ASF Regulatory Standard No. 11/2024-R, is intended to improve transparency and comparability by displaying product information to support more informed savings decisions. The platform provides information on fees, returns and risk indicators for PPR structured as pension funds, unit-linked insurance and non unit-linked insurance, including products that are not currently being marketed. ASF notes the information is not a recommendation, is the responsibility of insurers and pension fund management companies, and that ASF does not assume responsibility for errors or omissions in the disclosed information, without prejudice to its supervisory role. Data is updated at least annually and also when contractual conditions change or when a new product begins marketing; users can filter and sort results (including by provider and risk level), compare selected products, and export results to an Excel file. The guide also cautions that risk indicators should not be compared across different PPR forms, and that some risk indicators are calculated differently from those applicable to PRIIPs.

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