What Ibercaja Pensión does

Ibercaja Pensión E.G.F.P., S.A.U. is a Spanish pension fund management entity (Entidad Gestora de Fondos de Pensiones) and a wholly-owned subsidiary of Ibercaja Banco, S.A., headquartered in Zaragoza. Founded in 1990 and operating under DGSFP code G0079, the company is the 4th largest pension fund manager in Spain by assets under management, with more than 35 years of experience in retirement savings. It distributes a catalogue of more than 20 individual, self-employed, and corporate pension plans across risk profiles ranging from conservative fixed-income (e.g., Plan Ibercaja Pensiones I Renta Fija, Ahorro Renta Fija) to aggressive equity strategies (e.g., PIP Gestión Audaz 50-100, Megatrends RV), alongside ESG/SRI products (Sostenible y Solidario RVM, Confianza Sostenible RFM) and innovative offerings such as Pensumo, a consumption-linked pension plan.

The company's revenue model is based on recurring management fees charged as a percentage of assets under administration, with the depositary function outsourced to Cecabank, S.A. (DGSFP code D0193) and audit performed by Ernst & Young, S.L. It markets its plans primarily through Ibercaja Banco's branch network across Spain, complemented by the online banking platform at banca.ibercaja.es and the educational "Vamos con tu Futuro" content hub. Customer acquisition currently includes a promotional transfer-in campaign offering cash bonuses from 1.5% to 7% of transferred balances, conditional on multi-year retention.

Ibercaja Pensión serves three primary customer segments: individual retail investors at various life stages (accumulation, mid-career, pre-retirement, retired), self-employed/autonomous workers (for whom it offers simplified plans leveraging Spain's €5,750 annual IRPF deduction), and small and medium enterprises seeking employment pension plans for employees. The company reported a 10.74% weighted average return for its self-employed plans in 2024 — the highest in the Spanish sector against an 8.8% sector average — and was named a finalist for Best Pension Fund Manager at the Premios Expansión Allfunds 2026.

Name

Ibercaja Pensión

Legal name

Ibercaja Pensión E.G.F.P., S.A.U.

Website

https://planesdepensiones.ibercaja.es

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Ibercaja Pensión E.G.F.P., S.A.U. is the pension fund management subsidiary of Ibercaja Banco and the 4th largest pension fund manager in Spain by AUM. It offers 20+ individual, self-employed, and corporate pension plans distributed through Ibercaja Banco's branch network and digital channels.

Ownership category

akta.pro rank

Product category

Pension Fund Management

NAICS

Pension Funds (525110), Pension Funds (52511), Insurance and Employee Benefit Funds (5251)

SIC

Finance Services (6199)

akta.pro primary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

akta.pro secondary industries

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Pension fund management
• Retirement savings
• Pension plans
• Individual pensions
• Employment pensions

Headquarters

HQ city

Zaragoza

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Pension Plan Management Fees: Revenue generated from managing pension fund assets under administration. Fees are collected as a percentage of assets under management across the various pension plan categories offered.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Ibercaja Pensión E.G.F.P., S.A.U. is a Spanish pension fund management company (Entidad Gestora de Fondos de Pensiones) and wholly-owned subsidiary of Ibercaja Banco, S.A. It manages and markets a comprehensive range of individual, self-employed simplified, and corporate (SME) employment pension plans distributed through Ibercaja Banco's branch network and digital banking channels across Spain.

Product overview

Ibercaja Pensión operates as a comprehensive pension fund management company offering a diverse portfolio of individual and employment-based pension plans. The product architecture is organized into multiple categories: (1) Gestión Activa Global plans (Gestión Equilibrada 0-20, Gestión Evolución 10-40, Gestión Crecimiento 30-70, Gestión Audaz 50-100) providing lifecycle-based investment strategies with varying risk profiles; (2) Sustainable/SRI plans (Sostenible y Solidario RVM, Confianza Sostenible RFM) incorporating ESG criteria with solidarity project contributions; (3) Specialized equity plans (Bolsa USA, Dividendo Global RV, Global Brands, Megatrends RV, Flexible Europa 30-50) targeting specific market segments and themes; (4) Fixed income plans (I Renta Fija, Ahorro Renta Fija) for capital preservation; (5) Target-date plans (Horizonte 2028, Horizonte 2030) with automatic risk adjustment; (6) Self-employed simplified plans (Plan Autónomos Crecimiento, Plan Autónomos Equilibrado) with tax deduction benefits up to 5,750 EUR; (7) Miempleo employee plans; and (8) Pensumo consumption-linked pension innovation. The 4th largest pension fund manager in Spain by assets under management.

Differentiator

Problem solved

Functional benefit

Brands

• Pensumo: Pension plan product line mentioned in the savings and investment product offerings

Products and services

• Plan Ibercaja de Pensiones Gestión Equilibrada 0-20 A balanced pension plan with a risk profile of 0-20, targeting fixed income and variable income investments for conservative to moderate investors.
• Plan Ibercaja de Pensiones Gestión Evolución 10-40 An evolution pension plan with a risk profile of 10-40, designed for investors seeking moderate growth with a balanced approach to fixed and variable income.
• Plan Ibercaja de Pensiones Gestión Crecimiento 30-70 A growth-oriented pension plan with a risk profile of 30-70, targeting investors willing to accept higher volatility for potentially greater returns.
• Plan Ibercaja de Pensiones Gestión Audaz 50-100 A bold/aggressive pension plan with a risk profile of 50-100, designed for investors with long-term horizons seeking maximum variable income exposure.
• Plan Ibercaja de Pensiones Sostenible y Solidario RVM A socially responsible pension plan investing in variable income with ESG criteria and contributions supporting solidarity projects.
• Plan Ibercaja de Pensiones Confianza Sostenible RFM A sustainable fixed income pension plan applying social responsibility and environmental criteria to fixed income investments.
• Plan Ibercaja de Pensiones Flexible Europa 30-50 A flexible pension plan with European focus, maintaining a balanced risk profile of 30-50 across variable and fixed income.
• Plan Ibercaja de Pensiones Bolsa USA A US equity-focused pension plan investing primarily in US stock markets for capital growth.
• Plan Ibercaja de Pensiones Dividendo Global RV A global variable income pension plan focusing on dividend-paying stocks worldwide.
• Plan Ibercaja de Pensiones Global Brands A variable income pension plan investing in global brand-leading companies across multiple sectors.
• Plan Ibercaja de Pensiones Megatrends RV A variable income pension plan targeting long-term megatrend themes and emerging growth sectors.
• Plan Ibercaja Pensiones I Renta Fija A fixed income pension plan primarily investing in fixed income securities for capital preservation.
• Plan Ibercaja Pensiones Ahorro Renta Fija A savings-focused fixed income pension plan emphasizing capital preservation through fixed income investments.
• Plan Ibercaja Pensiones Horizonte 2028 A target-date pension plan with investment horizon targeting 2028, adjusting asset allocation over time.
• Plan Ibercaja Pensiones Horizonte 2030 A target-date pension plan with investment horizon targeting 2030, progressively adjusting risk profile as target date approaches.
• Plan Autónomos Crecimiento A simplified pension plan for self-employed workers offering growth-oriented investment options with tax deduction benefits up to €5,750 annually.
• Plan Autónomos Equilibrado A simplified pension plan for self-employed workers with balanced investment approach, enabling tax deductions on contributions.
• Miempleo 10 An employment pension plan with a conservative risk profile (10), designed for employees seeking stable retirement savings.
• Miempleo 30 An employment pension plan with moderate risk profile (30), offering balanced growth potential for employee retirement savings.
• Pensumo A pension plan linked to consumption habits, allowing users to save for retirement through everyday purchases.
• Planes de Pensiones de Empleo (Pymes) Joint-promotion employment pension plans designed for small and medium enterprises (Pymes) to provide retirement benefits to employees.

Quantifiable outcome

• 10.74% weighted average return for self-employed pension plans in 2024, highest in sector vs 8.8% sector average

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Cecabank, S.A.coreOthersCecabank serves as the depositary entity for Ibercaja Pensión's pension funds. Registered with the D.G.S.F.P. (Directorate General of Insurance and Pension Funds) under code D0193. Provides custody services for fund assets.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• VidaCaixa: VidaCaixa is the life insurance and pensions subsidiary of CaixaBank and Spain's largest pension and life insurance manager. A leading direct competitor to Ibercaja Pensión with comparable individual and employment pension plan portfolios and strong distribution via CaixaBank branches.
• Santander Pensiones: Santander Pensiones is the pension fund management business of Banco Santander, one of Spain's top three universal banks. Competes directly with Ibercaja Pensión across individual, self-employed, and corporate pension plans, leveraging Santander's national branch footprint and Openbank digital channel.
• Mutua Madrileña Pensiones: Mutua Madrileña's pension management arm offers individual and employment pension plans to retail and SME customers across Spain, often through the Mutua Madrileña insurance network. Comparable to Ibercaja Pensión in scope of products, retail self-employed focus, and Spanish-only geographic reach.
• BBVA Pensiones: BBVA Pensiones manages individual and employment pension plans for Spain's second-largest bank, competing head-to-head with Ibercaja Pensión for retail and SME pension customers. Comparable in product breadth, multi-channel distribution, and emphasis on digital and sustainable pension offerings.
• Sabadell Pensiones: Banco Sabadell's pension fund management arm distributes individual and employment pension plans through the bank's branch network across Spain. Directly comparable to Ibercaja Pensión in business model, target segments, and reliance on bank-led distribution.
• Bankinter Pensiones: Bankinter Pensiones offers individual and employment pension plans through Bankinter's national branch and digital network. Comparable to Ibercaja Pensión in targeting retail and SME customers, with similar product range across risk profiles and ESG-themed options.
• Mapfre Pensiones: Mapfre Pensiones is the pension business of Spain's largest insurance group. Competes with Ibercaja Pensión in individual and employment pension plans, leveraging Mapfre's bancassurance partnerships and proprietary distribution channels; broadly similar product architecture and customer segments.
• Caser Pensiones: Caser Pensiones is the pension arm of Spanish mutual insurer Caser. Provides individual and employment pension plans with comparable product range to Ibercaja Pensión, distributed through bancassurance and proprietary channels, overlapping in retail and SME retirement planning segments.
• CaixaBank Pensions: CaixaBank Pensions is the pension fund management arm of Spain's largest retail bank, offering individual and employment pension plans distributed through CaixaBank's nationwide branch network. It is the most direct competitor to Ibercaja Pensión given the parallel bank-distributed pension model and overlapping customer base of retail and SME clients in Spain.

Others

• Ibercaja Gestión: Ibercaja Gestión is the asset management sister company under Ibercaja Banco, managing investment funds for retail and institutional clients. Adjacent rather than competing with Ibercaja Pensión, but both share the same parent distribution network and could potentially share product engineering and ESG investment capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ibercaja
• YouTubeyoutube.com/user/IbercajaTV
• Facebookfacebook.com/Ibercaja
• LinkedInlinkedin.com/company/ibercajapension
• Instagraminstagram.com/ibercaja
• TikToktiktok.com/@ibercaja

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ibercaja Pensión