Ben Sills
- News
Fonditel among winners at Spanish awards bash
SPAIN - Fonditel, the investment house that began life as the Telefonica pension fund, was among the main winners last night at the Spanish pensions industry awards on a good night for the domestic managers.
- News
Rato warns Spain to keep eye on public pensions
SPAIN - Rodrigo Rato, the head of the International Monetary Fund and former Spanish finance minister, has warned the Spanish government to keep an eye on the public pension system.
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Santander fires asset management CEO Picon
SPAIN - Grupo Santander has fired the head of its asset management business. Ismael Picon had been chief executive of Santander Asset Management for two years and he had worked for the bank since 1993.
- News
Spain’s Zapatero signals confidence in PAYG
SPAIN - The Spanish prime minister, José Luis Zapatero, has announced an increase in state pension payments in a sign of his confidence in the public pay-as-you-go system.
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Spain: BBVA wins public sector pension brief
SPAIN - BBVA has cemented its position as the leading pension fund manager in Spain with a major mandate to run public sector pensions.
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Spanish social security system “solvent” - Merino
SPAIN - The chairman of a key pension reform committee, Jesus Merino Delgado, has insisted that the country’s social security system is still solvent.
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Portugal to take over postal pension fund
PORTUGAL – Portugal is to take over the pension fund of the state-owned postal service to avoid breaking the three percent budget deficit limit set by the European Union’s stability pact.
