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The Aviva Pension Investment Bond is a flexible investment solution designed for trustees of approved pension schemes, Qualifying Fund Managers of Approved Retirement Funds (ARFs), and administrators of Self-Directed Pension Policies. It enables pension assets to be invested across a wide range of professionally managed funds, allowing clients to tailor investment strategies to their needs while benefiting from fund switching flexibility, access to withdrawals, and tax-efficient investment growth within eligible pension structures.
Aviva Pension Investment Bond at a glance:
Access a broad range of professionally managed investment funds.
Switch between available funds at any time without charge.
Investment growth benefits from tax-efficient treatment within eligible pension arrangements.
Withdraw funds when required, subject to policy terms and charges.
All documents on this page are downloadable PDFs that brokers may save, retain and store for CPC compliance and client‑record‑keeping.
Requirements for common amendments on existing policies.
The Pension Investment Bond is an investment policy that allows eligible pension assets to be invested in a range of investment funds in a tax-efficient manner.
The product is available to trustees of exempt approved occupational pension schemes, Qualifying Fund Managers (QFMs) of Approved Retirement Funds (ARFs), and administrators of Self-Directed Pension Policies investing through a referential trust.
A Pension Investment Bond can be established with a minimum investment of €20,000.
Yes. Additional investments can be made once the policy is established, provided each additional investment is at least €5,000.
Clients can choose from a wide range of Aviva-managed and externally managed funds, including multi-asset, equity, bond, property, cash and specialist investment options.
Clients can invest in up to 10 funds at any one time.
Yes. Clients can move money between available funds at any time and there is no charge for fund switching.
Yes. Withdrawals can be made at any time and are paid directly to the nominated pension or ARF bank account, subject to policy terms and conditions.
An Early Encashment Charge applies to withdrawals, transfers or surrenders during the first three years of the policy.
No. The Pension Investment Bond does not provide capital protection or guaranteed returns. The value of investments can rise or fall.
Investment values can fluctuate, clients may get back less than the amount invested, and some investments may be subject to liquidity or valuation risks.
The product includes an annual fund charge, which varies depending on the funds selected, and a policy fee of €120 per year.
Yes. Clients have 30 days from the date policy documents are issued to cancel the policy. The amount returned may be reduced if investment values have fallen.
The Pension Investment Bond is a non-guaranteed investment product. The value of investments can fall as well as rise, and investors may get back less than originally invested. The product is intended for medium to long-term investment and does not provide capital protection or guaranteed returns.
Aviva Life & Pensions Ireland Designated Activity Company, is a private company limited by shares, registered in Ireland No. 165970. Registered office at Building 12, Cherrywood Business Park, Loughlinstown, Co. Dublin, D18 W2P5. Tel (01) 898 7950, www.aviva.ie
Aviva Life & Pensions Ireland Designated Activity Company, trading as Aviva Life & Pensions Ireland and Friends First, is regulated by the Central Bank of Ireland.
