Pensions


The Retirement Pensions Act (‘the Act’) (Chapter 514 of the Laws of Malta) came into force on the 1st January 2015. The new Regulations and Pension Rules also came into force on the 1st January 2015.

A new set of Regulations and Pensions Rules have been issued under the Act to supplement the legal framework for the licensing and regulation of Retirement Schemes (both Occupational and Personal), Retirement Funds and Service Providers related thereto, as well as for the requirement of recognition for persons carrying on back-office administrative services.

Subsidiary Legislation – Retirement Pensions Act

L.N. 4 of 2015 – Retirement Pensions Act, 2011 – (Act No. XVI of 2011) – Commencement Notice

L.N. 5 of 2015 – Retirement Pensions (Transitional Provisions) Regulations, 2015

L.N. 6 of 2015 – Retirement Pensions Act (Exemption) Regulations, 2015

L.N. 7 of 2015 – Retirement Pensions (Control of Assets) Regulations, 2015

L.N. 8 of 2015 – Retirement Pensions (Defined Benefit Retirement Schemes) Regulations, 2015

L.N. 9 of 2015 – Retirement Pensions (European Passport Rights for Institutions for Occupational Retirement Provision) Regulations, 2015

L.N. 10 of 2015 – Retirement Pensions (Fees) Regulations, 2015

L.N. 11 of 2015 – Investment Services Act (Exemption) (Amendment) Regulations, 2015

L.N. 12 of 2015 – Companies Act (Investment Companies with Variable Share Capital as Retirement Schemes or Retirement Funds) Regulations, 2015

L.N. 13 of 2015 – Over-Reliance on Credit Rating Regulations, 2015

L.N. 35 of 2015 – Company Service Providers Act, 2013 (Act No. XX of 2013) – Commencement Notice

L.N. 235 of 2018 – Various Financial Services Laws (Amendment) Act, 2018 (Act XXVI of 2018) – Commencement Notice

L.N. 45 of 2020 – Retirement Pensions (Defined Benefit Retirement Schemes) (Amendment) Regulations, 2020

L.N. 46 of 2020 – Retirement Pensions (Transitional Provisions on Back-Office Administrators) Regulations, 2020

L.N. 47 of 2020 – Retirement Pensions (Control of Assets) (Amendment) Regulations, 2020

L.N. 48 of 2020 – Retirement Pensions (Cross-Border Activities and Cross-Border Transfers) Regulations, 2020

L.N. 49 of 2020 – Retirement Pensions (Exemption) (Amendment) Regulations, 2020

L.N. 50 of 2020 – Retirement Pensions (General Provisions of Supervision) Regulations, 2020

L.N. 51 of 2020 – Retirement Pensions (Transitional Provisions) (Revocation) Regulations, 2020

L.N. 52 of 2020 – Retirement Pensions (Control Of Assets) (Amendment) Regulations, 2020 (L.N. 41 of 2020) – Commencement Notice

L.N. 53 of 2020 – Retirement Pensions (Transitional Provisions On Back-Office Administrators) Regulations, 2020 (L.N. 40 of 2020) – Commencement Notice

L.N. 54 of 2020 – Retirement Pensions (Cross-Border Activities And Cross-Border Transfers) Regulations, 2020 (L.N. 42 of 2020) – Commencement Notice

L.N. 55 of 2020 – Retirement Pensions (General Provisions Of Supervision) Regulations, 2020 (L.N. 44 of 2020) – Commencement Notice

L.N. 56 of 2020 – Retirement Pensions (Exemption) (Amendment) Regulations, 2020 (L.N. 43 of 2020) – Commencement Notice

L.N. 57 of 2020 – Retirement Pensions (Defined Benefit Retirement Schemes) (Amendment) Regulations, 2020 (L.N. 39 of 2020) – Commencement Notice

L.N. 58 of 2020 – Retirement Pensions (Transitional Provisions) (Revocation) Regulations, 2020 (L.N. 45 of 2020) – Commencement Notice

L.N. 59 of 2020 – Various Financial Services Laws (Amendment) Act, 2020 (Act V of 2020) – Commencement Notice