Banco Sabadell Individual Pension Plans, IPP

Relevant documentation     

Conditions for granting incentives for the 2025 Individual Pension Plans campaign
Conditions for granting incentives for the 2025 Individual Social Welfare Plans campaign
Investment policy
Operating rules
Annual accounts and management report Specifications
(ICC) Internal Code of Conduct
Key Information of the member 
Member’s ombudsman
Classification of financial products 
Daily net asset values   

1 Offer made by BanSabadell Pensiones E.G.F.P., S.A., applicable to transfers of entries to BanSabadell Pensiones individual pension plans  that comply with the following: (i) only for transfers from institutions in which Banco Sabadell has no shares to the individual BanSabadell Pensiones pension plans included in this campaign, namely the Sabadell Future Plans range, BS Plan 15, PPI, BS Pentapensión, PPI, BS Pensión 60, PPI and BS Variable Income Plan, PPI (which can be viewed at www.bancsabadell.com/pensiones); (ii) made until 06/30/2025 (iii) for an amount equal to or greater than €4,000 and; (iv) with a 9-year commitment for the specific amount of the balance established in the minimum termcommitment agreement signed by the member. This incentive is regarded as income from movable capital in accordance with current tax law and it is subject to withholding on account of personal income tax. You can view the information document with the conditions for this and other financial incentives at www.bancsabadell.com/pensiones. 

The maximum contribution to Individual Pension Plans and Secured Pension Plans is €1,500. On no account may contributions to these plans, together with company contributions and any made to occupational pension plans, exceed €10,000. 
 
2 The maximum per annum reduction in the general personal income tax base in the common territory and Navarre will be the lower amount of either the contribution made or 30% of the total sum of the net income from employment and economic activities according to the tax regulations in force. In the special regional tax legislation of the Basque Country, the maximum limit for per annum reduction of the taxable base in personal income tax is €5,000 for individual contributions, €8,000 for company contributions and a joint limit of €12,000 for personal contributions and company contributions.

3 Indicative calculations assuming (i) a return of 2% APR on individual pension plans and; (ii) maintaining the same level of contributions indicated until the legal retirement age. These calculations are purely indicative and on no account constitute a commitment on the part of the pension fund management company and they are therefore non-contractual in nature. Tax savings obtained considering the minimum and maximum personal income tax withholding current percentages. This amount will be determined, in each specific case, in accordance with the taxable base of the plan holder and the autonomous community in which he/she resides. It should be borne in mind that the maximum ceiling for the personal income tax base reduction that can be applied is the lesser of the following amounts: a) €1,500 (maximum annual contribution allowed) and b) 30% of the sum of the net income from work and economic activities received in the financial year (ceilings that vary in the special regional tax legislation of the Basque Country and Navarre). 

Pension Plans: Managing Entity: BanSabadell Pensiones, E.G.F.P., S.A., with Tax ID No. A58581331, whose offices are at C/ Isabel Colbrand, 22, 28050 Madrid. Registered with the Mercantile Register of Madrid and in the Register and in the DGSyFP Insurance Company Register under code no. G-0085. Depositary entity: BNP Paribas, S.A., branch in Spain, with Tax ID No. W0011117-I and its registered offices at Calle Emilio Vargas, 4, Madrid. Registered in the special register of pension fund depositary entities maintained by the DGSyFP under code no. D-0197. Depository entity and marketer of pension plans: Banco de Sabadell, S.A., with Tax ID No. A08000143 and registered offices at Plaça de Sant Roc, nº 20, 08201 Sabadell. Registered in the Mercantile Register of Barcelona and in the DGSyFP under code no. D-0016. 

The document containing the key information for members is available to the public at Banco Sabadell branches, as well as on the bank’s website (www.bancosabadell.com/pensiones).