2 thoughts on “Advisers brace for significant Malta pension rules shakeup”

  • Bethell Codrington says:

    I am not sure that an IMD passport or an Insurance license permits Investment Advice, so how can it be ‘grand-fathered’?
    Maybe I am missing something in the Insurance Regulations that allows Investment Advice. Can someone point me in the right direction?

  • Alan Beaney says:

    IMD allows those people that operate under it permission to advise on unit linked life policies and as a consequence the investments within them. This plains why so many QROPS are invested in insurance bonds when there is absolutely no need as the QROPS itself is a tax wrapper. No doubt many Maltese regulated IMD advisers will now move to Cyprus!!

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