• Log on

Pensions

Our Retirement Pension Plan is a unit-linked life assurance policy that brings together a broad range of global investment opportunities under one roof in a tax-efficient manner. The long term nature of the Plan allows you to save money on a regular basis and to invest additional lump sums at any time in the future. You may also qualify for a tax credit based on the amounts you save.

Retirement
Pension Plan

Minimum Investment:
€60 per month

Single Premium add-ons from €7500

Minimum Term
10 years

Choice of
26 investment funds

Structure your personal pension plan and balance growth and risk according to your preferences

Full details
Key features and benefits
  • Minimum 18 years of age and maximum 65 years.
  • You can apply for a tax credit equal to 15% of the amount you save each year up to a maximum of €150 or such other such amount as may be prescribed from time to time.
  • Supplement your state pension in retirement.
  • Under current legislation you can start to take your personal pension between the ages of 50 and 75 (provided the plan has been in force for 10 years) at which time you can opt to receive up to 30% of the fund value as a tax free lump sum to be withdrawn in the first year of drawdown with the balance to be used to provide you with a regular income.
  • A wide choice of unit-linked funds through a number of local and international investment funds based on bond and equity markets.
  • A free Guaranteed Life Assurance (‘GLA’) of €2,500 – if you pass away before taking the retirement benefit, the Plan will pay out the value at the time of death or the GLA whichever is the greater.
Like some help?

Call our Contact Centre on
+356 2380 2380

We’re here 8:00am to 10:00pm daily
excluding Sundays and Public Holidays

 

Have a question?

Have a question?

Call our Contact Centre on

+356 2380 2380

We're here from 8:00am to 8:00pm excluding Sundays and Public Holidays.

 

Connect with us

Listening to what you say about our services matters to us. It’s easy to share your ideas, stay informed and join the conversation.

 

 

Registered Address: 116, Archbishop Street, Valletta VLT 1444. Company No.:C3177

© HSBC Bank Malta p.l.c. 2017. All rights reserved.

Registered Address: 116, Archbishop Street, Valletta VLT 1444. Company No.:C3177

© HSBC Bank Malta p.l.c. 2017. All rights reserved.