Malta is situated at the strategic heart of the Mediterranean within easy reach of Europe, Africa, the Middle East, and Asia. It is an independent republic, a full member of the Commonwealth and the European Union, including the Eurozone, and has its own combined civil and common law-based system while also being subject to all EU Directives.
Malta is internationally recognised as a jurisdiction providing excellence in financial services. It offers an attractive cost and tax-efficient base for clients looking for an EU-compliant, yet flexible, domicile. It has its own efficient taxation regime and enjoys an extensive network of double-taxation agreements with more than seventy countries from Australia to the USA. Malta is a corner-stone of efficient structuring options for our EU and world-wide clients and offers itself as an excellent jurisdiction for companies and individuals seeking to protect their wealth.
QROPS & QNUPS
Packaged QROPS products utilising our own in-house life assurance company (STM Life)
QNUPS – available to UK or non-UK residents
EURBS – available in other EU countries
US QROPS for those resident in the United States
US Expat Plan
Occupational Pension Schemes within Malta
We employ numerous technical specialists and invest in product development to ensure the delivery of innovative and global solutions to both clients and intermediary partners.REQUEST INFO ABOUT INTERNATIONAL PENSIONS NOW
TO APPLY, AN INDIVIDUAL MUST:
Be a member of an Irish occupational pension scheme with a transferable preserved benefit where the qualifying service in employment relating to the scheme exceeded two years and terminated (otherwise than on death) before normal pensionable date
Wish to transfer that pension for bona fide reasons (e.g. retiring overseas and want to consolidate pensions) and not for the purpose of circumventing Irish pension rules and conditions
Be tax resident outside Ireland and intend to remain outside Ireland
Have no intention to retire in Ireland
Please request information on our simple 3-step application process and how your clients could benefit from transferring their Irish occupational pension into the STM Malta’s EURBS.Request info about EURBS now
STM Malta Pension Services Ltd (“STM Malta”) is a Financial Market Participant under the SFDR. In accordance with SFDR, STM Malta, as a Retirement Scheme Administrator (“RSA”) and Trustee, is required to provide disclosures on how it considers sustainability risks and the impact of Environmental, Social, and Corporate Governance (“ESG”) factors for both the Personal Retirement Schemes and the Occupational Retirement Scheme it administers.
STM Malta’s Personal Retirement Schemes are all Member-directed schemes, meaning that investments decisions are generally agreed between the Member and the appointed Investment Advisor or Investment Manager. All directions are to be received by the STM Malta through the Investment Advisor and signed by the Member, or by the Investment Manager. It is STM Malta’s role as the RSA to receive and review these instructions to ensure that the investments are suitable for the Member and in line with the investment restrictions set out in the Pension Rules, but STM Malta does not assess the proposed investments to determine whether they take into consideration Sustainability Risks, ESG Factors, or the Principal Adverse Impacts of investment decisions on Sustainability Factors and whether such investments comply with their respective regulations. However, STM Malta supports any initiative taken by the Members to take Sustainability Risks, ESG Factors, and/or Principal Adverse Impacts into account in their personal investment policy as agreed with their Investment Advisor/Investment Manager.
The SFDR requires the RSA to include in their remuneration policy information on how this policy is consistent with the integration of sustainability risks.
STM Malta has a fixed remuneration strategy unless it is justified following a performance assessment based on quantitative and qualitative criteria on the entity and personal level. In this respect, STM Malta views its remuneration structure to be consistent with the integration of sustainability risks, as the remuneration policy does not encourage risk-taking with respect to sustainability risks and/or is linked to risk-adjusted performance.
The Occupational Retirement Scheme is managed by the appointed Investment Manager in accordance with the investment strategy and within the parameters of the applicable investment restrictions, as set out in the Scheme Particulars. STM Malta’s position is that it does not consider Sustainability Risks, ESG Factors, or the Principal Adverse Impacts of investment decisions on Sustainability Factors in respect of the Occupational Retirement Scheme. The Scheme is managed by the appointed Investment Manager, meaning that decisions are taken by the Investment Manager in accordance with the investment strategies and investment restrictions of the Scheme, as set out in the Scheme Particulars. The Investment Manager does not consider Sustainability Risks, ESG Factors, or the Principal Adverse Impacts of its investment decisions for the following reasons:
The Investment Manager may consider the application of such considerations of Sustainability Risks, ESG Factors, or Principal Adverse Impacts in the future upon assessment of the Scheme’s size and investment strategy, should such size be deemed to be suitable for, and the investment strategy in the future allows, consideration towards such factors.
The Investment Manager may also evaluate whether to consider Sustainability Risks, ESG Factors, or Principal Adverse Impacts in the future on the basis of availability of data, provided such data is adequate to enable inclusion of such factors in its investment decisions.