Here’s how it all works.
Unlike other types of investments, there’s no need to spend your time picking funds and managing them to try to get the best return.
With Irish Life Smart Invest, experts do the heavy lifting so you can rest easy.
Get started in three simple steps
1. Enter your details: Complete your personal info and answer a few simple questions to determine how much risk you’re comfortable with.
2. Verify your identity: Scan your passport or driver’s license, take (or upload) a quick selfie, and upload proof of address to verify your identity.
3. Start investing from as little as €100: Once you’re set up you’ll have full control over how often and how much you invest. You can take your money out any time, but we recommend investing for 5+ years.
The legal stuff
Smart Invest is provided jointly by Irish Life Assurance, which provides the FlexInvest product, and Irish Life Financial Services, which provides the advice.
FlexInvest is a lump-sum unit-linked life insurance plan. There is an annual fund management fee of 1.25 per cent and a 1 per cent Government levy is taken from any payments into the FlexInvest plan, and a 41 per cent exit tax on returns. There are no additional set up or withdrawal charges.
You are eligible for Smart Invest if…
- You are aged 18 to 69
- Living in, and a tax resident only of, the Republic of Ireland.
You are not eligible for Smart Invest if you are…
- A US citizen
- A politically exposed person (“PEP”), or a relative of a close associate of a PEP.
Warning: If you invest in this product you may lose some or all of the money you invest
Warning: The value of your investment may go down as well as up
Warning: These funds may be affected by changes in currency exchange rates
Irish Life Financial Services is tied to Irish Life Assurance for life and pensions business.
Irish Life Assurance plc is registered in Ireland.
Irish Life Financial Services Limited is regulated by the Central Bank of Ireland.
Irish Life Investment Managers Limited is registered by the Central Bank of Ireland.
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