The advantages of providing a pension arrangement for your employees are far wider than simply helping them to achieve financial goals in retirement.
The scheme is an occupational pension scheme established under a master trust for multiple employers and is licensed by the Malta Financial Services Authority (MFSA). The scheme is operated by STM Malta Pension Services Limited which acts as the scheme trustee and the Retirement Scheme Administrator.
The scheme supports you and your employees both during the saving phase and following the employee’s retirement.
You have control to tailor the scheme to meet your specific requirements such as:
Which employees the scheme is available to
Employee contribution rate(s) depending on your chosen factors such as seniority or length of service
Employer contribution rate(s)
Additional support in meeting administration costs
Branding of literature to reinforce employee engagement
Save time by leaving the administration of the pension to us.
We provide a full-service administration of the scheme that will continue to evolve to ensure that regulatory standards and high levels of service are maintained throughout the life of the scheme.
Once contributions are processed and paid to the scheme from your payroll system, we manage the allocation of contributions to each employee’s pension account and invest funds accordingly.
Our team is dedicated to maximise your engagement with your employees and will provide you with literature and communications to get the best from the scheme.
We have carefully selected professionals to work alongside us, to provide the best outcomes to your employees. Employer’s contributions, together with those made by the employees, will be invested in a pool of a variety of assets that spread the risk of investing. We have taken professional advice from our appointed investment manager on the investment strategy which aims to balance growing employees’ pension and protecting their savings over time by the performance of the market. Our Employer Brochure will provide you with further details on our investment expertise, the investment profile, and responsible investing
We have considerable experience and expertise in our industry and approximately eight thousand clients currently benefiting from our services.
Recognised as a local service provider of choice by the awards we have won in Malta, we continue to uphold the high level of service and expertise that is bestowed to all our clients both internationally and locally.
Our Board ensures high quality governance standards are met and is focussed on delivering excellent customer service and value for money.
STM Malta Pension Services Limited is part of the STM Group Plc, a multi-jurisdictional financial services group listed on AIM, a market operated by the London Stock Exchange. The group offers a range of pension products to international clients and has two life assurance companies which provide annuities and life assurance bonds, showing strength and depth of experience and stability.
The content is for general information only and does not constitute investment, tax, legal, medical or other form of advice. You should not rely on this publication to make (or refrain from making) any investment decisions or recommendations. STM Malta Pension Services Limited (including any companies of STM Group of companies and the officers and employees thereof) cannot accept responsibility for any loss caused as a result of any action taken or refrained from being taken upon the contents of this publication.
The STM Malta Occupational Retirement Pension Scheme is licenced by the MFSA. The licencing of any Scheme by the MFSA does not imply an opinion from the MFSA regarding the suitability of the scheme for any individual.
The STM Malta Occupational Retirement Pension Scheme does not offer guaranteed benefits and the level of pension available on retirement will depend on the level of contributions and the performance of the underlying investments.
STM Malta Pension Services Limited (‘STM Malta’) is registered as a Retirement Scheme Administrator with the Malta Financial Services Authority. It is also authorised to act as trustee or co-trustee to provide fiduciary services in terms of the Trusts and Trustees Act. STM Malta Pension Services Limited is part of STM Group Plc, a multi-jurisdictional financial services group listed on AIM, a market operated by the London Stock Exchange.