BBVA Retirement Solutions

Browse the different BBVA Retirement Solutions

Our life plans are always changing and so can your BBVA Retirement Plan.

Our award-winning funds

These prizes are the sole responsibility of the organizations that awarded them.

  • Best "Open Pension Fund with Risk 4" in the Jornal de Negócios / APFIPP Best Funds Awards - 2024

    A Retirement Savings Pension Fund that aims to increase capital through an active approach to investments in global stock markets with high liquidity, focused on diversification and risk control. 

    Learn more at apfipp.pt.

  • "The right choice" DECO PROTest on PPR Funds with 50% or more in shares.

    A Retirement Savings Pension Fund that aims to increase capital through an active approach to investments in global stock markets with high liquidity, focused on diversification and risk control. 

    Learn more at decoproteste.pt/selos.

  • Best "PPR Fund with Risk 5" in the Jornal de Negócios / APFIPP Best Funds Awards - 2024

    One of the PPR Funds that is part of the BBVA Multi3stretégia Portfolios, a personalized service of joint marketing of three BBVA PPR Funds based on the investor's profile.

    Learn more at apfipp.pt.

Want to know more?

Features of Reform Solutions

  • Liquidity at any time

  • Flexibility and portability

  • Attractive taxation

Liquidity at any time

With the world constantly changing, it's essential to make the most of your savings and to be able to use them when you need them, not just after you retire.

Although Retirement Savings Plans (PPR) and Open Pension Funds (FPA) are designed to be used as a supplement to a pension, they have immediate liquidity. PPRs offer total liquidity, although they are subject to market conditions. FPAs offer total liquidity, although subject to market conditions, within the legally prescribed repayment grounds.

Find out about the repayment conditions laid down by law for Retirement Savings Plans and Open Pension Funds here.

Flexibility and portability

Your objectives and needs change throughout your life, so the choice you make today of a Retirement Savings Plan (PPR) or Open Pension Fund (FPA) with a certain investment strategy does not limit the possibility of changing that strategy in the future, according to your objectives and needs at the time. This also allows you to take advantage of interest rate developments and long-term growth trends.

Whenever you want, you can transfer your PPR or FPA to another product of the same type, with no tax impact, preserving the seniority of your investment, which is important for guaranteeing you some of the advantages you have acquired.

Attractive taxation

Retirement Savings Plans (PPR) and Open Pension Funds (FPA) were created with a tax benefit on entry and attractive taxation on exit. Tax benefits on entry are an immediate incentive to save, but attractive taxation on exit must also be taken into account, namely their impact on the profitability of these products 
  • Tax benefits upon entry

20% of the amounts invested in Retirement Savings Plans or Open Pension Funds (in accordance with the provisions of Article 21 of the EBF) are deductible from the participant's personal income tax (IRS), and the maximum deduction is related to the participant's age. This benefit does not apply to taxpayers after reaching retirement age. See more 

  • Exit taxation

The taxation of income from these products at the time of repayment is lower than the autonomous taxation applicable to capital income, currently set at 28%. See more

Get to know the BBVA Funds that have won awards.

BBVA Estratégia Investimento PPR - Best "Open Pension Fund with Risk 4" in the Jornal de Negócios / APFIPP Best Funds Awards - 2024

M3 Investimento PPR - Best ''PPR Fund with Risk 5'' in the Jornal de Negócios / APFIPP Best Funds Awards - 2024

Discover our complete offer and browse through the different BBVA Retirement Solutions

Warnings to the investor

This disclosure is of an advertising nature and is made by BBVA Mediación, Operador de Banca-Seguros Vinculado, S.A. (BBVA Mediación), registered with the ASF under code OV-0060, as can be verified on the ASF site, the entity responsible for marketing individual subscriptions to BBVA Pension Funds, as an intermediary for open pension funds, using for this purpose the distribution network of Banco Bilbao Vizcaya Argentaria, S.A. - Portuguese Branch. The management entity of the open pension funds is BBVA Fundos - Sociedade Gestora de Fundos de Pensões, S.A., authorised for this purpose and subject to ASF supervision, where it is registered under code 3816, as you can see on the ASF website. The Information Documents (ID) and Management Regulations are available at any BBVA branch, at www.bbvaassetmanagement.com/pt, www.bbva.pt and www.asf.com.pt.
This information does not constitute the provision of any advice, nor does it represent a recommendation for the purposes of the applicable legal framework. It also does not constitute legal, tax, or any other type of advice regarding any specific product. The enquiry does not dispense with the legally required pre-contractual and contractual information.
The value of the units held varies according to the evolution of the value of the assets that make up the pension savings funds' assets and there is no guarantee of capital or income. The reimbursement of PPRs is subject to the legally established conditions and can be made at any time, under the contractually established terms, with the tax consequences provided for in the Tax Benefits Statute. Open pension funds do not allow repayment at any time, but only under the conditions laid down by law.

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