After a lifelong career, you have every right to look upon your retirement as a time to enjoy and fulfil your dreams. Planning for retirement is much easier when you plan your finances, our retirement and pension plans make retirement planning a breeze.
Our retirement and pension plans are flexible medium to long term savings plans that have been specifically designed with retirement in mind.
Our plans give you several benefits:
- the possibility of choosing how much you would like to save;
- the choice where you want your money to be invested;
- the option to set the age you want to take the benefits;
- the freedom and flexibility to increase or decrease your savings at any time or even to stop and restart your savings in the future should your circumstances change;
- the opportunity to invest in a wide range of funds managed by professionals.
- Our pension are considered to be Qualifying Personal Retirement Schemes, so you may qualify to receive a tax rebate based on the amounts you save.
Terms, conditions and exclusions may apply. Investment should be based on the full details contained in the relative policy documents. Please ensure that you read the Key Features Document which may be downloaded from our website or obtained from any BOV Branch. We strongly recommend that you also read the relative policy document which may be obtained from any BOV Branch before making any decision about whether to acquire a policy.
Important notes:
- If you stop paying your plan before the chosen retirement date, you may not get back as much as you invested.
- If you invest in this product, you will not have access to your money before retirement.
- The value of your investment may go down as well as up.
- Tax treatment depends on the individual circumstances. Tax legislation and the amount of rebate may change in the future.
Bank of Valletta p.l.c. is an enrolled Tied Insurance Intermediary for MAPFRE MSV Life p.l.c (MMSV) under the Insurance Distribution Act, Cap. 487 of the Laws of Malta. Both entities are regulated by the Malta Financial Services Authority.
The Product is manufactured by MAPFRE MSV Life p.l.c. and distributed by Bank of Valletta p.l.c.