Why Malta?
Why consider Malta for your pension?
Malta is a well-regarded, English-speaking financial centre and a full member of the European Union, offering a strong and stable environment for international pension scheme management. The jurisdiction is recognised for its comprehensive regulatory framework, overseen by the Malta Financial Services Authority (MFSA) and governed by the Retirement Pensions Act. This framework ensures high standards of compliance, investor protection, and operational efficiency—particularly for schemes involving overseas transfers. With its blend of flexibility, regulatory integrity, and long-term sustainability, Malta has earned a reputation as a leading destination for the administration of cross-border pension solutions.
What are the benefits?
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Access your pension from 50 years of age (UK accumulated pensions age 55), defer till age 75.
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Up to 30% tax-free lump sum.
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Nominate your own beneficiaries on the scheme.
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Inheritance benefits—you can pass on your pension pot to your beneficiary upon death, free from Malta Inheritance Tax.
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No Fund Cap.
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Access to a wide range of investment opportunities.
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Tax Efficient—Malta has over 80 double tax treaties.
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No Tax to pay on assets within scheme (with exception of immovable property in Malta).
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No Lifetime Allowance Limit (Ireland) or Overseas Transfer Allowance (UK).
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You can combine various smaller pensions into one large pot resulting in only one annual management fee and benefit from the economies of scale by combining investment.
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Avoid ongoing currency exchange fees by investing in the same currency as the country you reside in or in any currency of your choice.
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Seamless & efficient transfers when transferring from an Irish occupational scheme to a Malta IORPS (Revenue approval not required).
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No overseas HMRC transfer charge applies as the receiving scheme is an occupational scheme with a sponsor link.
