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Clear Invest

A lump sum investment plan

Book an appointment Call +353 1 704 10 10
Book an appointment Call +353 1 704 10 10
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Clear Invest is a long-term life assurance plan for those looking to invest a lump sum into expertly managed funds. We’ve partnered with Irish Life, Ireland’s leading Life Insurance and Pensions provider, to bring this investment option to you.

Why choose Clear Invest? 

  • Invest for the long term: Designed for those who plan to invest for at least 5 years. 
  • Start with €10,000: Start investing with a lump sum of €10,000, with the option to add top-ups to your plan from €1,000.
  • Choose from nine funds: Access a range of funds, including Multi-Asset Portfolio (MAPS) Funds, to match the level of risk you are comfortable with.
  • Easy online management: Keep track of your investment at a time that suits you. You can even switch your funds online free of charge.
  • Diversified Investments: Your money is spread across multiple assets to reduce risk and optimise potential returns.
  • Expert Fund Management: Irish Life Investment Managers oversee your investments, using advanced strategies to navigate market conditions. 

How Clear Invest works

Clear Invest offers access to nine professionally managed funds, including: 

  • Multi Asset Portfolio Funds (MAPs): A range of investment funds that invest in a mix of different assets, such as equities, bonds, property, and cash. MAPs provide diversified options to suit different risk profiles and investment goals.
  • Consensus funds: Includes one of Irelands most popular funds the Consensus Fund. Other options include the Consensus Cautious Fund and Consensus Equity Fund, each designed with different levels of risk. 
  • Property and equity funds: Higher risk investment options with potential for greater returns. 

Each fund operates under the Dynamic Share to Cash (DSC) model, which aims to reduce exposure to stock market downturns by shifting investments between shares and cash based on market trends.

How much does it cost? 

Here is a clear breakdown of the costs involved: 

  • Investment amount: You invest a lump-sum, with a 1% government levy deducted upfront. 
  • Annual fund charge: A total charge of 1.25% per year is applied to your investment. This covers: 
    • Management fee: Covers professional fund management. 
    • Variable charge: Accounts for additional fund-related costs. 
    • Early withdraw charge: If you withdraw within the first 5 years, exit fees apply.
  • Tax on profits: If your investment grows, a 41% exit tax applies to any gains when you withdraw or cash out. 
Important information

Clear Invest is currently only available to existing PTSB customers. Some customers may need to visit a branch for identity verification. 

Who can invest?

To use Clear Invest, you must meet the following eligibility criteria:

You must be You must not be

Between the ages of 18 and 74

 A U.S. citizen

Living in the Republic of Ireland

 A politically exposed person (PEP)

A tax resident only in the Republic of Ireland

 A relative or close associate of a PEP

Investors will be subject to anti-money laundering checks and required to provide identification, such as a passport and a utility bill as proof of address. 

Need guidance on investing?

Unsure about which investment options are suited for your financial goals? Our expert Financial Advisors are here to help. 

  • We’ve partnered with Irish Life to bring you this complimentary service.

  • Your Financial Advisor will meet you at your local branch or through an online video call.

  • After your review, you’ll get your personalised plan from your Advisor.

Learn more Book an appointment

Have a question about managing your Clear Invest Account?

Contact Irish Life on +353 1 704 10 10. Lines are open Monday to Friday, 9am to 5:30pm, or email customerservice@irishlife.ie.

Warning: The value of your investment may go down as well as up.

Warning: This product may be affected by changes in currency exchange rates.

Warning: If you invest in this product you may lose some or all of the money you invest.

Permanent TSB plc trading as PTSB is regulated by the Central Bank of Ireland. Permanent TSB plc is tied to Irish Life Assurance plc for life and pensions products. Irish Life Assurance plc is regulated by the Central Bank of Ireland.

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