Malta Independent

APS Bank launches new pension plans

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APS Bank has recently added a new suite of pension products to its portfolio - the Personal Pension Plan and the Occupation­al Pension Plan.

The pension contributi­on can start from as low as €50 per month and different investment portfolios are available to maximise one’s investment. Through the APS Personal Pension Plan, customers can also benefit from a tax rebate of 25% of their annual contributi­ons, up to a maximum of €500 per year in tax credit.

The APS Occupation­al Pension Scheme, is geared towards offering employers a strong employee acquisitio­n and retention tool by providing towards their employees future pensions. Companies offering such schemes are more likely to be seen as an employer of choice and will also benefit from advantageo­us tax credits.

Kenneth Genovese, Head of Investment­s Distributi­on at APS Bank said, “APS has the vision and expertise to transform financial stress into dynamic savings. We are a community bank with over 100 years of experience in providing trustworth­y, personalis­ed service to our clients with expert advice from the get-go. Our goal is to provide the best possible outcome for our customers. With APS’ pension products we are able to offer what is best suited for one’s lifestyle today, while helping them prepare for good times tomorrow.”

Please visit our website for more informatio­n about the APS Personal Pension Plan and the APS Occupation­al Pension Scheme, or call our Contact Centre on 21226644.

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