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ARTICLE · 26 AUGUST 2022

BOV Ups Its Pension Plans With Special Limited-Time Offer

Bank of Valletta, together with MAPFRE MSV life is launching a special limited-time offer with its Pension Plans. During this period, customers who take up a unit-linked personal pension plan with the ...

MaltaFinance and Banking

Bank of Valletta, together with MAPFRE MSV life is launching a special limited-time offer with its Pension Plans. During this period, customers who take up a unit-linked personal pension plan with the Bank will be given a top up of €175 when the new plan is set up and the first premium paid by the policyholder is allocated.

Pension plans offered by Bank of Valletta are truly affordable, as Ms Tonia Parascandalo from Business Generation at BOV Wealth Management explained. "Customers may take up a pension plan with as little as €40 monthly." In addition, policy holders are free to make changes in their contribution at any time, while contribution breaks are also allowed. "The minimum contribution is low, so more people are encouraged to start saving for their retirement. The earlier one plans for this critical time in life, the more they will benefit later," she remarked.

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