AIB PIA: fees, terms and review

AIB has confirmed to PIA·IE that it plans to make its Investment Account available from 1 July 2027. It describes a digital investment experience and intends to offer financial education and literacy tools alongside the account.

AIB plans to introduce Personal Investment Accounts (PIAs) as part of our ongoing commitment to expanding the range of investment solutions available to customers. We're looking forward to making the Investment Account available to customers from 1st July 2027.

The account is being designed as a digital investment experience, providing customers with a simple and accessible way to begin their investment journey. Alongside the investment offering, we also intend to provide a range of financial education and literacy tools to help customers better understand investing, build confidence in their financial decisions, and make informed choices based on their individual circumstances.

Further details regarding the proposition, customer features and functionality will be shared closer to launch. Our focus remains on delivering a straightforward, customer-centric investing experience that supports customers in achieving their long-term financial goals.

Source: Statement to PIA·IE, 13 October 2026 (AIB Group Press Office). AIB supplied this response as attributable to the bank.

Stated plan: The firm has publicly stated it plans to offer the account; this does not mean applications are open or terms are published.

Authorisation: Credit institution and MiFID firm, Central Bank of Ireland

AIB has not published its PIA investment range. Firms usually build from what they already sell, so our working expectation is that it will reflect AIB life's unit-linked funds, such as the Fusion multi-asset range, Indexed Multi-Asset funds and a small set of equity, bond and cash funds, sold through AIB's financial advisers.

• AIB's current investments come through AIB life, a life company, so they look much like Zurich's or Irish Life's: ready-made risk-rated funds rather than a share-dealing service.
• Charges are likely to be fund-based (an annual management charge) rather than per-trade fees.
• AIB has said the PIA will be a digital experience, so a direct app route is possible alongside its advisers. Whether it is execution-only or advised has not been said.

Existing range: AIB life fund centre. This section is PIA·IE's reading of AIB's current offering, not a statement from AIB. We will replace it with published PIA terms when they appear.

Short answer: they stay separate. The Finance Bill lets only new cash into a PIA. Your existing investments, with AIB or anywhere else, cannot be moved into it as they are.

What if…

• I want my existing investments in a PIA? You would have to sell them and pay the money in, within the €12,000 yearly limit. Selling can trigger exit tax on funds and ETFs, or CGT on shares.
• I keep my existing plan? Nothing changes for it under section 26. It carries on under its current rules alongside any PIA.
• I open a PIA elsewhere and later switch to AIB? A PIA-to-PIA transfer is allowed, if AIB offers a PIA and accepts transfers in.

Not advice: whether to keep or cash in an existing plan depends on your gains, charges and plans. In the Finance Bill, not yet law. See moving existing investments into a PIA.

AIB says further details about the proposition, customer features and functionality will be shared closer to launch.

• Whether access will be through the existing AIB app, online banking or a separate service.
• The investment range and whether advice will be available or required.
• How AIB will handle PIA-to-PIA transfers in from other providers (the Bill already rules out moving existing non-PIA investments in as they are).
• Fees, minimum investment and eligibility details.

A digital experience does not, by itself, confirm an execution-only account or a particular app feature.

The PIA tax itself — 1% of value above €50,000, nothing up to that amount — is the same at every provider and is shown separately on the cost comparison.

• Every yearly charge added together, not just the headline platform fee.
• Whether advice or commission is built in, and whether you can opt out.
• Fund charges on the funds you'd actually hold.
• Exit and transfer charges if you later move provider.