Retirement Pensions Act

The MFSA has issued the new Regulations and Pension Rules under the revamped Retirement Pensions Act 2011.

The Minister of Finance has established, by virtue of Legal Notice 4 (2015) that the 1st of January 2015 will be the date when all the provisions of the said ACT shall come into force.   As declared by the Act itself, the RPA’s aim is that of regulating Retirement Schemes, Retirement Funds and Service providers licensed to provide such services.   Additional Legal Notices (by way of subsidiary Regulations) as detailed here below have also been published:

• LN 3 (2015): Special Funds (Revocation) Regulations, 2015
• LN 4 (2015): Retirement Pensions Act, 2011 (ACT No. XVI of 2011)
  • Commencement Notice
• LN 5 (2015): Retirement Pensions Act, (CAP 514)
  • Retirement Pensions (Transitional Provisions) Regulations, 2015
• LN 6 (2015): Retirement Pensions Act, (CAP 514)
  • Retirement Pensions (Exemption) Regulations, 2015
• LN 7 (2015): Retirement Pensions Act, (CAP 514)
  • Retirement Pensions (Control of Assets) Regulations, 2015
• LN 8 (2015): Retirement Pensions Act, (CAP 514)
  • Retirement Pensions (Defined Benefit Retirement Schemes) Regulations, 2015
• LN 9 (2015): Retirement Pensions Act, (CAP 514)
  • Retirement Pensions (European Passport Rights for Institutions for Occupational Retirement Provision) Regulations, 2015
• LN 10 (2015): Retirement Pensions Act, (CAP 514)
  • Retirement Pensions (Fees) Regulations, 2015