Save from as low as €40 per month Change modify pause
Enable your pension pot to grow at an unrivalled rate with added security from a diversified nature of investments.
At retirement age (around your 65th birthday), you can withdraw up to 30% of your sum tax free.
You are able to pass on your Pension Scheme to a loved one should you pass away.
Enjoy up to €750 per year in tax credit if you are at least 18 years old and you are domiciled and pay taxes in Malta.
Forecast how much you would need to save to make up any shortfall in the income you would like in retirement.
At the age of __ (retirement age) your future salary will be €46,306
You would like your annual income at retirement to be €34,730
Your estimated future State Pension will be €30,871 p.a. (€7,899 in today's value)
This means that you will need an additional €3,859 each year (€7,101 in today's value)
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Legal Information
The Lifetime Pensions Private Pension Scheme (“Scheme”) is licensed and regulated as a Personal Retirement Scheme by the MFSA and administered by CCGM Pensions Administrators Ltd (“CCGM”). The MFSA Licence of the Scheme is not an endorsement by the MFSA of the Scheme’s financial performance.
The value of the Scheme and its underlying investments may fall as well as rise and past performance is not a guide to future performance. There exists no statutory provision for compensation in the event that the Scheme is unable to satisfy the liabilities attributable to it. Prospective Members are urged to consult their financial advisor prior to making any decision in relation to any retirement planning.
Applications in the Scheme may only be made on the basis of the Scheme Particulars that are available from the offices of the CCGM Pension Administrators (“CCGM”) at Ewropa Business Centre, Triq Dun Karm, Birkirkara, BKR 9034 or by visiting our website www.ccgm.com.mt. This advertisement has been issued by CCGM which is licensed by the MFSA as a Retirement Scheme Administrator under the Retirement Pensions Act, Cap 514.
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