International pension provider Sovereign acquires Malta-based retirement scheme

Mark Battersby
clock • 2 min read

Malta-based Sovereign Pension Services said in a statement on 16 February it had acquired Azure Retirement Benefit Scheme, which is licensed and registered with the Malta Financial Services Authority (MFSA) as a defined contribution personal retirement scheme. The Azure Retirement Benefit Scheme,which remains open to new members, was established by Integrated-Capabilities (Malta) Ltd (ICML) in June 2018 as a trust in Malta to provide a tax-efficient, low-cost pension solution to members. It can accept monetary contributions and transfers from any eligible pension arrangement, even those...

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