Pensions

The robust regulatory framework provided by the Malta Financial Services Authority (MFSA), combined with Malta’s full EU member status and established financial services sector, marks Malta as an extremely attractive jurisdiction for international pensions.

Ganado Advocates has assisted the majority of Malta’s licensed retirement scheme administrators and pension schemes to obtain their licences required to operate in Malta and has also assisted IORPs with obtaining registration in Malta in line with the relative EU Directive on the matter. A large number of our clients have also proceeded to seek QROPS (Qualifying Recognised Overseas Pension Scheme) or QNUPS (Qualified Non-UK Pension Scheme) status in the United Kingdom or similar overseas registrations. We also assist clients with the setting-up and authorisation of trustees, retirement scheme administrators and asset managers wanting to assist with the investment of pension funds.

The firm has assisted the Maltese Government with the drafting of local legislation relating to pensions and was also heavily involved in the establishment of the Malta Association of Retirement Scheme Practitioners and acts as secretary general to the same association.

Together with leading lawyers specialised in other practice areas, the team is geared towards providing the pensions market with the necessary legal, corporate, tax and regulatory advice and assistance.