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Investment products

What is a PIAS (Systematic Individual Savings Plan)?

A PIAS is a life savings insurance, focused on saving in the long term, specifically to build a capital until retirement, which we will use as a complement to our state retirement pension by receiving an annuity until we die (life annuity). In the case of the Bankinter PIAS, the contributions are invested in investment fund portfolios managed by Bankinter Gestión de Activos through a wide variety of types linked to different markets and financial assets from which the holder can select the use of their investment and modify the distribution whenever they wish without tax implications.

In addition, it allows access to very advantageous taxation at the time of redeeming the cumulative savings if done in the form of a life annuity in accordance with the regulatory requirements.