In an interview with Público, the President of the Insurance and Pension Funds Supervisory Authority (ASF), Gabriel Bernardino, set out the priorities for the 2026–2028 Strategic Plan, centred on faster supervision supported by data and technology, alongside a renewed focus on long-term savings and protection against catastrophic risks. He argued for a new paradigm for retirement savings plans (PPR), including more innovative products, improved advice, standalone tax incentives, and systems enabling citizens to project their pension. He also said ASF will propose a catastrophic risk fund based on shared solutions involving the state, insurers and citizens.
Portuguese Insurance Regulator (ASF) 2025-12-09
Portugal's Insurance and Pension Funds Supervisory Authority outlines 2026–2028 priorities on data-driven supervision, long-term savings and catastrophic risk protection
The Portuguese Insurance Regulator (ASF) outlined its 2026–2028 Strategic Plan, emphasizing enhanced supervision through data and technology, and a focus on long-term savings and catastrophic risk protection. ASF President Gabriel Bernardino advocated for innovative retirement savings products, improved advice, and standalone tax incentives. ASF also plans to propose a catastrophic risk fund involving the state, insurers, and citizens.