Updates
An Post is looking for an investment partner: what it could mean for the PIA
An Post has tendered for a partner to build a retail investment product under the An Post Money brand. What the tender says, what is reported, and what is still unknown.
Updated 29 September 2026
Correct as of the rules ledger v2026.09.5 (24 September 2026). This post was checked against the ledger on that date.
What the tender says
On 16 July 2026 An Post published tender 0044, "The Provision of a Retail Investment Proposition Partner". An Post wants a partner to support "the design, manufacture, platform delivery and or servicing of a retail investment proposition offered under the An Post Money brand". An Post would lead on distribution and the customer relationship. The partner would handle product manufacture, platform, custody, execution and servicing. The contract runs for an initial seven years, and submissions closed on 17 August 2026.
What has been reported
On 28 September 2026 the Business Post reported the tender as An Post hunting for a partner for new investment accounts. The tender itself does not use the words Personal Investment Account, and An Post has not said it will offer one.
Why it matters
An Post has a post office in almost every town and a large savings audience already familiar with State Savings products sold at the counter. If it did offer a PIA, it could bring the account to savers who would never open an app-based broker. That is a different audience from the platforms most coverage has focused on.
What is still unknown
Whether the product will be a PIA, who the partner is, whether a contract has been awarded, and any fees or launch date. We will record each of these only when it is published.
How we would compare it
When a product is sold under one brand and built by another firm, the firm that holds your investments matters most. Our methodology assesses that firm's authorisation, custody and investor protection, alongside cost and ease of use, in the same way as for any direct provider.
Where this is tracked
Frequently asked
Is An Post offering a PIA?
Not confirmed. An Post has tendered for a partner to build a retail investment product under the An Post Money brand. The tender does not mention the PIA and no terms have been announced.
Who would hold my money if An Post launched an investment product?
According to the tender, a partner firm would handle product manufacture, platform, custody, execution and servicing. That partner has not been named.
Keep reading
- Budget 2027: the PIA, decoded
- Budget Day watch-list: what to look for on the PIA on 6 October
- What the commentators are saying about the PIA — and what is still unknown
- What is the Personal Investment Account? Ireland's 2027 investing shake-up
- Budget 2027 and the PIA: the three numbers that decide everything
- PIA vs pension: which should an Irish saver fund first?
- All PIA and Irish investment tax guides
Run your own numbers
Compare a Personal Investment Account against a deposit account and a standard fund over 10, 20 or 30 years — with real Irish rates.
Open the PIA calculatorInformation only, not financial or tax advice. Final PIA rules — the contribution limit, the tax-free threshold and the flat rate — are due to be confirmed in Budget 2027 and the related Finance Bill. Figures cited are from the Department of Finance roadmap, Revenue, Skatteverket, GOV.UK and the IRS.