New offer on private pension plans 

Retirement may seem far away, but planning it as early as possible is a wise move; many people take too long to make it.  

Many people tend to solely rely on the pension provided by the government, only to realise way too late that it will not be sufficient to retain their desired lifestyle after their retirement. A private pension plan is the smartest way to keep your current financial liberty and maintain your standard of living during retirement. 

The government pension may not be enough 

While the government pension provides a basic income during retirement, it is often insufficient to cover the rising costs, such as water, electricity, groceries, and personal expenses essential to maintain your lifestyle. 

By supplementing your pension with a private pension plan, you can ensure a more comfortable and stress-free retirement.  

When should you start planning for retirement?

The earlier, the better! Starting a pension plan early allows you to make more contributions and benefit from compound interest, meaning your savings grow significantly over time.  

However, it’s never too late to start. Whether you’re in your 20s or your 50s, making smart financial decisions will set you up for a more financially equipped future. 

The benefits of a private pension plan

Financial security and stability: A well-structured pension plan gives you peace of mind by offering you a reliable income stream when you stop working, with less dependence on the state pension. 

Tax credit: Claim 25% of the premiums allocated to the pension sub-account as a tax credit against income tax chargeable during the year.

Lump sum upon retirement: Receive a 30% tax-free lump sum along with the remaining balance upon retirement. 

Compounding investing: The returns generated on your pension plan are reinvested, creating a snowball effect. Compounding benefits long-term investments by generating returns on both the original principal invested as well as the accumulated interest from previous periods, thereby multiplying your initial investment exponentially over the long term. 

Pound-cost averaging: Pound-cost averaging is a strategy where you invest a fixed amount regularly instead of putting in a large lump sum all at once. This approach means you purchase fewer units when prices are high and more when prices are low, helping to smooth out the overall cost of your investment over time. 

Protection against inflation: As the cost of living continues to rise, relying solely on the government pension may be challenging to keep up with inflation. A private pension provides an additional cushion to have greater financial power in retirement.  

A plan you control: Unlike the government pension, which is dependent on government policies and economic conditions, a private pension plan puts you in control. You decide how much to contribute, how to invest with our guidance, and when to withdraw your funds, giving you more flexibility.  

Maintain your lifestyle: A private pension plan helps bridge the gap between the government pension and the income you need to sustain your current lifestyle. Whether it’s travel, hobbies, or simply living comfortably, planning for retirement now ensures you won’t have to compromise later. 

Start today with our December offer on private pension plans

With our new limited-time offer, we’ll double your first contribution, up to a maximum of €250, when you start your private pension plan. This applies to private pension plans started during December 2025. 

Start planning for your retirement today with a long-term savings plan designed to help you save for your retirement:

• A 30% tax-free lump sum along with the remaining balance 

• A tax-efficient and flexible pension plan 

• Saving regularly for your retirement with just a minimum of €25 a month 

• 25% of allocated premiums may be claimed as a tax credit against income tax chargeable during the year

• Appointment of multiple beneficiaries to receive your pension pot when you pass away 

• Pension plan managed by professionals with decades of experience, targeting greater returns on your investments 

Disclaimer: Money invested within the Pension Sub-Account may be eligible for a tax-credit and will not be accessible before the age of 61. Eligibility for tax credits on your contributions depends on your tax status. Such tax credits depend on individual circumstances and their amounts together with Maltese tax legislation may change in the future. The investment value may go down as well as up and could also be affected by changes in currency exchange rates. You may lose some or all of the money invested. 

Charges will apply should you Surrender the Access Sub-Account or Transfer the Pension Sub-Account before the Retirement Date. Your decision to invest in this product should be based on the full details within product documentation which may be accessed through www.cc.com.mt. This Product is manufactured by IVALIFE Insurance Ltd and distributed by Calamatta Cuschieri Investment Services Limited.  

Calamatta Cuschieri Investment Services Limited (C 13729) is authorised under the Insurance Distribution Act, Cap 487, to act as an enrolled Tied Insurance Intermediary for IVALIFE Insurance Limited (C 99404). IVALIFE is authorised under the Insurance Business Act, Cap 403 to carry out long term business in Malta. Both entities are authorized and regulated by the Malta Financial Services Authority.