Corporate Saving & Investment Plans

Your employees work hard. Your money should too

Holding your company’s money on deposit may make sense to meet short term cash flow requirements, however, holding all your surplus cash in deposit can be inefficient and may have a negative impact on your balance sheet as:

Deposit interest rates at historic lows

With a number of banks now offering negative interest rates and the highest five year fixed term deposit is 0.1% AER1,2

Inflation is eating into your money on deposit

Ireland’s annual inflation rate increased to 3.75% in September 20213. With interest rates at historic lows, returns to deposit accounts are not keeping pace with inflation eating into the real value of your company’s balance sheet.

1. Source: 11 October 2021.
2. Qualifying terms and conditions apply to fixed deposits. The interest earned in a fixed term deposit account is guaranteed. When you invest in a deposit account you may qualify for compensation under the Deposit Guarantee Scheme if the bank is unable to meet their obligations to you. A life assurance levy of 1% is chargeable on all premiums invested through Aviva Corporate Savings Plan and Investment Bond.
3. Source: 03 November 2021.

Speak with your Financial Broker

If you want to give your company’s surplus money the potential to work harder than deposits and the potential to outperform inflation, now may be the right time to speak with your Financial Broker about Corporate Investment Bond and Corporate Savings Plan from Aviva. When you do this, your company's surplus money will be invested in a fund to match the risk profile that you are comfortable to take, meaning it will have good potential for growth, especially over the long-term. Aviva offers you access to a broad range of funds across the risk spectrum, asset classes and from a range of leading global fund managers. The following table show how lump sum investors in some of Aviva’s more popular funds have posted strong returns over a five year period.

Fund value of a €50,000 initial investment after 5 years to -01 October 2021. Net of annual management charge but gross of other changes and tax

Fund name ESMA Risk Rating Initial Investment Investment Value after 5 Years
Compass Cautious 3 €50,000 €55,443
Aviva Multi Asset Fund Strategic Series C 4 €50,000 €61,228
Aviva L&G Multi-Index IV Fund Series C 4 €50,000 €62,471
Aviva L&G Multi-Index V Fund Series C 5 €50,000 €72,730
Aviva Merrion Multi Asset 70 Series C 5 €50,000 €82,297
Aviva High Yield Equity Fund Series C 6 €50,000 €85,845
Stewardship  Fund 6 €50,000 €101,639

Source: Longboat Analytics. The returns quoted include the reinvestment of net income, are net of trading costs and net of an annual management charges of 1% for the High Yield Equity Fund, Multi-Asset Fund Strategic, 0.5% for the Merrion Multi-Asset 70 Fund, 0.95% for the L&G Multi-Index Fund IV and L&G Multi-Index V Fund, 1.13% for the Stewardship Fund, and 0.75% for the Compass Cautious Fund. For details of the charges applicable on your fund selection contact your Financial Broker. Other insurance contract charges apply and as such the returns shown do not represent the returns on insurance contracts linked to these funds. Details of all charges for a particular product are available on request. Aviva risk rates its funds using the ESMA risk ratings scale from 1 to 7. 1 being the lowest risk and 7 being the highest. For more information download our ‘Your Investments Guide

Warning: Past performance is not a reliable guide to future performance.

Warning: The value of your investment may go down as well as up.

Warning: If you invest in this fund you may lose some or all of the money you invest.

Warning: This fund may be affected by changes in currency exchange rates.

List of funds

A full list of funds available and their performance can be found on our fund centre.

Supporting documentation

Benefits of investing

Watch our short video where Stephen Rice, Investments and Pensions Proposition Lead at Aviva Life & Pensions Ireland DAC explains the benefits of investing in a Corporate Investment Bond and Corporate Savings Plan.

Please enable your browser JavaScript to view the video


00:00:03 Background music playing

On screen message, Your people work hard, your money should too.

00:00:07 Karen Deenihan, Senior Investment Market, Aviva Life & Pensions Ireland 

With deposit interest rates at historic lows and inflation rising, could your company's money be working harder? I'm joined today by Stephen Rice, Investments and Pensions Proposition Lead to discuss.

Stephen, what are the key challenges facing companies that have surplus cash on their balance sheet now?

00:00:23 Stephen Rice, Investments and Pensions Proposition Lead, Aviva Life & Pensions Ireland

Hi Karen, look, I think the biggest challenge facing companies at the moment is actually how to protect the real value of those cash reserves that they're holding. And I suppose, as you mentioned there, you know, there's two things that are really driving this first is the prolonged unenhanced zero and negative interest rate environment that we're currently operating in? I suppose this is being kind of amplified by the fact that a number of financial institutions have now lowered the threshold at which the negative rates will apply. And secondly, a more recent trend reemerging is inflation. So if you take it that typically, and historically, companies who had cash reserves on their balance sheet would have placed it on kind of medium to long term deposits earning a couple of percent per annum. And that was really protecting against inflation, and it was giving them a non-trading income. That's simply not there for them anymore.

00:01:09 Karen Deenihan

So what potential solutions are available?

00:01:11 Stephen Rice

Yeah, look, I think, again, if we bring it back to the fact that, you know, those historical deposit rates aren't there anymore. So what companies are trying to do is replace the couple of percent of three 4% per annum that they would have historically been able to get. And what we're seeing is now that companies are starting to transition from deposit rates reliance into the investment world, so for example, into corporate investments offered by the likes of their life companies. That's one of the key trends and solutions that we're starting to see emerge.

00:01:39 Karen Deenihan

So, Stephen, then what are the key factors that a company needs to consider when moving its surplus cash to a corporate investment bond?

00:01:45 Stephen Rice

Yeah, look, there's really three factors that they need to consider with their financial adviser, I suppose, first of all, is the amount of cash that they actually have available to invest from their balance sheet. So, we're not saying that this is a play for or or that all of a company's balance sheet, cash reserves should be invested, because we do recognise that companies still have a need to hold a certain portion of their cash reserves, in short term liquidity or as a rainy day fund. So, if we take an example, say of a company that might have 500,000 euros on their cash reserves on their balance sheet, they may feel comfortable or be in a position to invest 350,000 of that, and they may want to keep 150,000, a short-term liquidity. So that's the first consideration is how much investable cash do we have? The second consideration then is how do we want to phase that or over what time period do we want to invest that. So, what we wouldn't typically see is a company in that example that has 350,000 to invest, actually investing that in one go, they may do it over a number of tranches. Or indeed, they may use a combination of a corporate investment bond and a corporate savings plan to actually place the money into the markets. The third consideration that's similar to individuals investing is what risk profile or the company is actually willing to take with their money.

00:02:57 Karen Deenihan

Why Aviva for corporate savings and investments?

00:03:01 Stephen Rice

I look when we relaunched our corporate investment and savings plans in 2020, we were very conscious of putting the customer's needs at the forefront of our product development. And I think two key examples of that, I suppose, first of all, is the risk rating or risk profiling, we've touched on that already, that company should definitely look with a financial advisor to understand what level of risk they're willing to take. And we have a range of multi asset funds, which are all risk rated, and arrange of satellite funds or additional funds, which again, are our risk rated. So, it's very easy that when the financial advisor in the company decide on what level of risk the company is willing to take, for them to match investments to suit and meet their needs. The second thing is, again, we are talking about three plus year time horizons here, but we're very conscious. And we recognise that sometimes companies may need to access their money early for various different reasons. And we have a range of products within our investment bond offering for corporates that allow them to access their money, at any point in time be at some or all of it without penalty.

00:04:00 Karen Deenihan

How do you set up a corporate savings and investment plan from Aviva? And then how do you mature it Steven?

00:04:05 Stephen Rice

So, if I can take the setup piece first, we have an editable application form. So again, it can all be completed online by the financial advisor, and indeed the company themselves that is submitted to Aviva, along with the documentation as highlighted on the checklist on the front of the application form. And once that setup on our systems, and then the company can make an electronic fund transfer an EFT payments to actually meet and have the money invested. On the maturity side, I think it's important to note that these are open ended investments. But as I've already mentioned, you know, companies can access some or all of their money. And to do that all they need to do is submit a written request to Aviva as to how much they want to withdraw. And indeed if they have invested in multiple funds, which funds that they want to take the money out of. And we will arrange the rest and make the payment back to their nominated bank account.

00:04:45 Karen Deenihan

Stephen. Thanks for joining us to wrap up what we heard today with deposit insurance rates at historic lows, there may be a better solution for your company. Aviva offers you a range multi asset funds that can be aligned to your company's attitude to risk and finally, setting up a policy and maturing a policy is easy. To learn more, talk to your financial broker or visit

00:05:25 Warning messages on screen

00:05:28 Video ends

Expert advice

Want expert advice? Contact your Financial Broker today.


The information here is based on our understanding of the situation in October 2021. You should not base your decision to invest solely on information in this web page. You should seek professional tax and legal advice to satisfy yourself of your own tax position, as the information given is a guideline only.

The funds referred to in this web page may be linked to an insurance-based investment product and the Key Information Document (KID) for this product is available at The Risk Ratings of the funds referred to in this document differ from the corresponding Summary Risk Indicators shown in the KID. An explanation of the differences between the Risk Rating and the Summary Risk Indicator is available at

Warning: Past performance is not a reliable guide to future performance.

Warning: The value of your investment may go down as well as up.

Warning: If you invest in these funds you may lose some or all of the money you invest.

Warning: The income you get from this investment may go down as well as up.

Warning: These funds may be affected by changes in currency exchange rates.

Aviva Life & Pensions Ireland Designated Activity Company, a private company limited by shares. Registered in Ireland No. 165970. Registered office at Building 12, Cherrywood Business Park, Loughlinstown, Co. Dublin, D18 W2P5. Aviva Life & Pensions Ireland Designated Activity Company, trading as Aviva Life & Pensions Ireland and Friends First, is regulated by the Central Bank of Ireland. Tel (01) 898 7950.