Malta to launch second and third pillar pensions

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MALTA - The Maltese government is to overhaul the country's pension system with the introduction of both the second and third pillars in a bid to ensure the adequacy of future pensions.

Cabinet is expected to finalise the details of the reform this week, but prime minister Lawrence Gonzi (pictured) this week said the second pillar model would likely be a “hybrid” structure that sa...

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