Published
OnlineCasinoIndustry

Retirement pension scheme announced for Maltese igaming firms

The STM Malta Occupational Retirement Pension Scheme has been created to help companies in Malta attract industry professionals.

MaltaPensions

Thanks to the scheme, Maltese igaming companies can offer added incentives to existing employees but also provide them with a unique selling point when recruiting the sector’s most experienced workers.

Managing director at STM Malta Pension Services Limited, Deborah Schembri, says the scheme offers a simple and cost-effective solution to businesses. It’s one that can be tailored to each company and its employees regardless of whether the business is large or small.

Schembri said: “The advantages local businesses can gain from our new pension product extend far beyond simply helping their employees to achieve their financial goals in retirement.

"It’s also a valuable recruitment tool to attract and retain the best people in a very competitive jobs market, plus it’s an excellent way to improve staff engagement, motivation and productivity. For employees it offers a value for money investment with the costs of administration supported by their employer.

The scheme also allows firms to offer a corporate tax incentive and a personal tax credit to employees. The scheme is seen as a compounding investment based in a jurisdiction with no tax growth.

It is established under a master trust for multiple employers and licensed by the Malta Financial Authority (MFSA).

Premium+ Connections
Premium

Lynon

 
Premium

Revsharks

 
Premium

1xBet Partners

 
Premium

Digitain

 
 
Premium

RISK

 
Premium

PIN-UP Partners

 
Premium

Imagine Live

 
Premium

GammaStack

 
Premium

Sport Generate

 
Premium

Galaxsys

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...