Mapfre has consolidated its position in the savings account business by managing more than 3.600 million euros designed to prepare for retirement, a figure that includes pension plans, PIAs, SIALPs, and various long-term investment solutions. This offering already reaches around 240.000 customers seeking supplement the public pension with a private mattress.
The company emphasizes that the goal is to support savings throughout working life to convert them into stable income in retirement; currently, approximately 58.000 insured they already perceive a monthly rent derived from these products, with an average amount exceeding 800 euros.
Portfolio dimensions and scope
The bulk of the assets correspond to pension planswhere the entity manages more than 2.350 billion euros in individual plans, to which more than 1.000 million in group plans and EPSVs. This segment is concentrated more than 198.000 participants, within the total number of clients with retirement savings solutions. How to invest the savings
Alongside traditional plans, other accumulation methods are gaining traction, such as PIAS (Individual Systematic Savings Plans), SIALP (Individual Long-Term Savings Insurance) and various others. unit linked designed for long-term goals, products that allow adapt the risk and the time horizon to the needs of each saver. PIAS and SIALP
Brianda EPSV (very present in the Basque Country), the company integrates both individual and collective modalities, which contributes to diversifying the offer and providing coverage to diverse employment and income profiles, always with a focus on the retirement stage. diversify the offer
This volume of business is also reflected in the collection phase, with tens of thousands of clients receiving regular payments; according to the entity's data, the number of beneficiaries and the average monthly amount consolidate the usefulness of these solutions in the personal financial planning.
Products and how they are structured
Pension plans remain the most widespread tool for channeling regular contributions towards retirement, due to their long-term focus and the possibility of adjust the risk tailored to each individual's profile. They are complemented by PIAS and SIALP plans, which provide systematic savings structures and alternatives with specific tax treatments, in addition to unit linked that combine life insurance and investment.
The key, according to the company, is not so much the isolated product as the proof of savings and the choice of the solution that best fits the objectives, the timeframe, and the risk tolerance. This flexibility allows to diversify the portfolio and adjust market exposure over time. proof of savings
In this ecosystem, Mapfre's offering integrates different risk levels and asset combinations, which makes it easier to align the evolution of the investment with changes in the client's employment and personal situation, from the accumulation stage to the rent collection phase.
For savers, having a range of options from pension plans to PIAS, SIALP and unit linked It facilitates building customized solutions that prioritize security, growth, or a balance between both, without losing sight of the ultimate goal of supplement the public pension.
Active management with a life cycle approach
Seven years ago, the organization implemented a system of active management Based on the so-called lifecycle model: it automatically adjusts the portfolio composition according to age, risk profile, and time to retirement. Around 700 millones de euros retirement savings are managed under this scheme, equivalent to about 20% of the total.
The approach is articulated through nine wallets with differentiated risk levels, which gradually reduce exposure to more volatile assets, such as equities, as retirement approaches. This mechanism is available in individual and group plans, EPSVs, PIAS with lifecycle coverage, and unit linked that distribute savings among actively managed investment fund portfolios.
Mapfre Iberia's commercial management insists that the determining factor is create the habit of saving, select the most suitable solution for each profile and adapt investments when personal circumstances change, so that the accumulated capital reaches the retirement stage in better condition.
This framework seeks to balance growth and capital protection over time, relying on the professional management and in a progressive adjustment of risk that aligns the investment with the client's life cycle.
With this combination of volume, product variety, and a life cycle management modelMapfre strengthens its role in retirement savings in Spain: more than 3.600 billion euros under management, some 240.000 linked clients, and a growing group of beneficiaries who already receive monthly incomes above 800 euros on average.
