Mapfre has consolidated its role as one of the major pension managers in Spain by administering more than 3.600 million euros in solutions saving retirement-oriented.
This portfolio includes pension plans, PIAS, SIALP and various unit linkedand reaches around 240.000 customers seeking supplement the public pension with long-term private tools.
Figures and distribution of assets
In the pensions segment, the Individual plans total 2.350 billion euros, while the collective plans and EPSVs contribute more than 1.000 million, according to data reported by the entity.
Pension plans continue to be the most widespread way to save for retirement, partly because tax advantages of personal income tax linked to the contributions that many taxpayers take advantage of year after year, so it is advisable to use a retirement simulator.
Alongside traditional methods, other long-term formulas are gaining traction, such as... PIAS, SIALP and certain unit linked designed to accumulate capital with a retirement horizon.
In total, it is estimated that approximately 198.000 customers They have chosen to channel their retirement preparation through pension plans, while the rest do so through other insurance and investment solutions.
Active management and life cycle model
Seven years ago the company implemented a scheme of active management based on the "life cycle" which automatically adapts the portfolio composition to the client's age, risk tolerance, and the time remaining until retirement.
The objective is reduce exposure to more volatile assets As retirement approaches, the focus is on preserving capital in the later stages and adjusting the weight of equities with prudent criteria.
To do this, the professionals at the institution distribute the savings among nine pension plan portfolios with varying levels of risk, progressively shifting the profile towards more conservative positions over time.
Currently, around 700 millones de euros of the assets earmarked for retirement are managed under this approach, an amount equivalent to around 20% of the total administered.
This model is offered in individual and collective plansalso in fund portfolios with active management that adjust over the years.
Clients, income, and long-term planning
According to the data provided, Approximately 58.000 customers already receive a monthly income derived from these products, with a average amount exceeding 800 euros per month. This monthly rent It serves as a complement to many homes.
The company emphasizes that the determining factor is build a consistent saving habit, choose the solution that best fits each person's profile and adjust investments when their circumstances change.
This approach relies on a long-term relationship with the insured, emphasizing accompany the client and in responsible financial planning to protect accumulated capital.
In any case, these tools are conceived as a supplement to the public pensionproviding flexibility and options to adapt savings efforts to each stage of life.
Mapfre strengthens its position in pension savings in Spain, totaling 3.600 billion euros managed, a base of 240.000 clients, 700 million euros in lifecycle management and average monthly incomes above 800 euros, supported by an offer which includes pension plans, PIAS, SIALP and unit linked.
