Malta is a full EU Member State with a sound financial services framework and strong corporate governance. Pension schemes are individually regulated by the Malta Financial Services Authority. Malta adopted UK pension rules in 2016 and can offer flexi-access retirement benefits from age 55 (increasing to age 57 from 6th April 2028). Malta applies a withholding tax of 35% to pension income; however, in many situations this does not apply due to the 70+ DTAs which exist with many jurisdictions being afforded total or shared taxing rights. The Scheme is established under a Trust Deed.
Malta QROPS
Trust
Malta QROPS
Contract
For residents of countries which do not recognise trust law, we offer a contract-based QROPS. This is subject to the same governance and regulatory oversight as the trust based scheme but has been established under a Deed.
Gibraltar
QROPS
From 1st January 2021, Gibraltar is no longer a member of the EU by virtue of its connection to the UK. Pension regulations introduced in March 2017 require all personal pension scheme operators to be regulated by the Gibraltar Financial Services Commission. Gibraltar offers retirement benefits on a capped drawdown basis from age 55 (increasing to age 57 from 6th April 2028), which is taxed at a benign rate of 2.5% and open architecture investment options. The Scheme is established under a discretionary Trust Deed.
Gibraltar QROPS
Australia
We also offer a trust-based QROPS which has received a ruling from the Australian Tax Office that it meets the criteria to be treated as a “Foreign Superannuation Fund” for Australian tax purposes. It is subject to the same regulatory standards and oversight as our other Gibraltar QROPS and offers the same investment and benefit options.
If you are a professional adviser and would like more information on our Australian retirement solutions please contact one of our regional specialists.
Our QROPS prices*
Effective from 1st January 2024
Anthony Lowes
Business Development Manager
Europe
E: anthony.lowes@stmgroupplc.com
T: +34 711 034 156
Stuart Denness
Managing Director
Australia
E: stuart.denness@stmgroupplc.com
T: +61 (0)450573371
STM Fidecs Pension
Trustees Limited
3rd Floor
55 Line Wall Road
Gibraltar, GX11 1AA
T (+350) 200 45877
T (+350) 200 42686
E enquiries@stmfidecs.gi
Regulated by the Gibraltar Financial Services Commission – permission number: 5978. Gibraltar Company registration number: 85583.
STM Fidecs Life Health
and Pensions Limited
3rd Floor
55 Line Wall Road
Gibraltar, GX11 1AA
T (+350) 200 45877
T (+350) 200 42686
E enquiries@stmfidecs.gi
Regulated by the Gibraltar Financial Services Commission – permission number: 9034. Gibraltar Company registration number: 97110.
STM Malta Pension
Services Limited
San Gwakkin Building
Level 1
Triq is-Salib tal-Imriehel
Zone 4 – Central Business District
Birkirkara, CBD4020
T (+356) 213 33210
E info@stmmalta.com
STM Malta Pension Services Limited is registered as a Retirement Scheme Administrator with the Malta Financial Services Authority. It is also authorised to act as trustee or co-trustee to provide fiduciary services in terms of the Trust and Trustees Act. Company Registration number: C51028