Scepticism over Malta's second pillar pensions

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MALTA - Due to the vast number of small, family-run companies, second pillar pensions are unlikely to be widespread, said Albert Tabone, chairman of the Alliance of Pensioners' Associations.

Tabone said only 15% of companies would be capable of supporting an occupational pension fund. “Most of the Maltese small and medium enterprises (SMEs) hire 10 employees or less, with several be...

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