AIB Personal Pension Plan (PPP)

The AIB Personal Pension Plan is designed as a tax efficient investment plan for those who wish to save towards a more rewarding retirement. Saving via a pension plan gives investors access to generous government incentives (tax reliefs as outlined below) that are not available via other savings or investment plans. Pensions can be one of the most efficient vehicles to use when investing your surplus income over the longer term.

Who this plan suits?

This plan is available to those who are self-employed or who work in non-pensionable employment, and who

• Wish to invest a % of their disposable income over the longer term
• Wish to maintain their standard of living in retirement
• Wish to invest their long-term savings in the most tax-efficient manner
• Want to invest in a range of equity, property based funds &/or secure funds
• Want more control over access & investment options of their accumulated pension funds in retirement

Additional Features / Information

(For full terms & conditions of each of these features and for eligibility please arrange an appointment with an AIB Financial Adviser who will explain the features, terms and conditions in full)

• Personal contributions - The Government will give policyholders tax relief on contributions, at the highest marginal rate of tax they pay, for contributions of up to 15 to 40% of earnings (depending on age). 
• Bonuses on regular contribution plans - On the tenth anniversary and every fifth anniversary thereafter there is a loyalty bonus added to the Policy. The loyalty bonus is equal to 5% of the value of units allocated to the policy in respect of regular contributions. This is subject to the terms and conditions outlined in the product brochure, which is available from your AIB Financial Adviser.
• Investment of contributions - Through the AIB Personal Pension Plan, contributions will be invested - together with those of many other pension customers - in funds which are managed, on a day-to-day basis by Aviva Investors.
• One fund, the AIB Invest Managed Fund, is managed by AIB Investment Managers (AIBIM) - and another (the AIB Multimanager fund) by a team of external specialists, selected by AIBIM (AIBIM manages the Irish equity, fixed interest and property elements of the Multimanager Fund).

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