Scepticism over Malta's second pillar pensions

clock •

MALTA - Due to the vast number of small, family-run companies, second pillar pensions are unlikely to be widespread, said Albert Tabone, chairman of the Alliance of Pensioners' Associations.

Tabone said only 15% of companies would be capable of supporting an occupational pension fund. “Most of the Maltese small and medium enterprises (SMEs) hire 10 employees or less, with several belo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Malta

Malta

Pensions blamed for spending

MALTA - Outlays on pensions have been blamed for the 5.7% increase in social security spending, according to a report by the Maltese National Statistics Office.

Heather Dale
clock 03 April 2007 •
Malta

Maltese Opposition turns back clock

MALTA - The Opposition leader has said pension funding and payments should be resegregated - as they were in the 70s.

Angele Spiteri Paris
clock 30 August 2006 •
Malta

Maltese Opposition calls for pension reform freeze

MALTA - No pensions crisis will arise until 2025 and therefore a reform of the system is not an immediate necessity and should be put off until 2011, according to the opposition party.

Archive Archive
clock 12 July 2006 •
Trustpilot