APS Bank is offering a one-time €175 top-up to customers who open a new APS Personal Pension Plan by 30 November 2025. The offer rewards new subscribers upon their first monthly contribution and aims to encourage individuals to plan ahead for a financially secure retirement.
The APS Personal Pension Plan provides flexible saving options, access to ready-made investment strategies and a convenient online platform for easy management. Subscribers may also benefit from a 25% tax rebate on annual contributions, up to a maximum of €750 per year.
Commenting on this initiative, Kenneth Genovese, Head of Investment Distribution at APS Bank, said: “Through this offer, we want to motivate more people to take an active role in their retirement planning. The APS Personal Pension Plan combines flexibility, accessibility and tax-efficient long-term value for our customers.”
Approved and issued by APS Bank plc as the distributor of the Scheme and the protector of the Trust. APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The APS Personal Pension Plan is licensed and regulated as a personal retirement scheme by the Malta Financial Services Authority in terms of the Retirement Pensions Act (Chapter 514 of the Laws of Malta). Praxis PES Malta Limited is authorised by the Malta Financial Services Authority to act as a Retirement Scheme Administrator to Retirement Schemes registered under the Retirement Pensions Act, 2011. There is no statutory provision for compensation in the case where a retirement scheme is unable to satisfy the liabilities attributable to it and the license of the Scheme is not an endorsement by the MFSA of the Scheme’s financial performance. All prospective Contributors and/or Members should consult their own professional advisors as to the legal, tax, financial or other matters relevant to the suitability of a contribution to the Scheme.
Terms and conditions apply and are available on apsbank.com.mt/personal-pension.
