Bourse Pension Administrators

Anyone who has built up retirement savings in more than one country eventually asks who looks after the money and who checks the paperwork. Bourse Pension Administrators (Malta) Limited acts as the trustee and administrator of personal retirement schemes from an office in Marsaxlokk, the fishing village on the south-east coast. It was established in Malta in 2014 and has a long record of providing retirement solutions to international clients.

Its purpose is to act as a guardian of a comfortable retirement for scheme members. It is licensed by the Malta Financial Services Authority as an administrator for personal retirement schemes, and it is listed in our directory of pension advisors in Malta. This page sets out what that means in practice.

Independence and history

Early in 2025 the company separated from The Bourse Group in Guernsey and no longer has any affiliation with it. That change leaves the Maltese company free to design its own retirement solutions around its members, and it keeps the Bourse name for its schemes.

The company works with staff chosen for technical skill and aims to deliver a highly efficient and professional service to members. Its home is Malta's regulated pensions sector, which forms one part of the island's broader financial services industry. Advisers such as AE Business Advisors are listed in our directory.

The schemes it administers

The company acts as retirement scheme administrator and as trustee of two schemes: the Bourse Retirement Scheme Malta and the Bourse Malta Overseas Pensions Scheme. Both are personal retirement schemes governed by the Pension Rules issued under the Retirement Pensions Act of 2011.

These schemes are member-directed. That means the member, rather than the administrator, decides how the savings are invested, taking advice from an adviser and using a manager to carry out the investments if they wish. The administrator does not give investment advice, and this page does not either.

How it checks instructions and service providers

The member appoints an investment adviser, an investment manager or both, and the administrator must approve them first. Before approving a provider, it makes sure they hold the necessary regulatory licences, carries out due diligence and collects specific questionnaires. Providers must also meet the criteria laid down in the Pension Rules for personal retirement schemes.

All investment requests arrive through the adviser or manager and are signed by the member, or by the manager on the member's behalf. The administrator reviews each instruction to check that the investment is suitable and consistent with the scheme's restrictions and the Pension Rules. It can refuse an instruction only when it falls outside those restrictions or rules. For tax questions linked to a pension and a move, read the Malta tax guide for UK nationals.

Sustainability disclosures

As a financial market participant under the EU Sustainable Finance Disclosure Regulation, it must disclose how it treats sustainability risks. Because schemes are member-directed, it does not assess whether proposed investments take ESG factors into account, though it supports members who choose to consider them, and members discuss their sustainability preferences with their adviser during the suitability assessment.

The administrator uses a fixed remuneration structure unless a performance assessment justifies a change, and it regards that structure as consistent with its approach to sustainability risk.

Visiting and getting started

The office is on Triq Tonin Attard in Marsaxlokk and is open Monday to Friday from 09:00 to 17:00. Marsaxlokk is known for its harbour and colourful boats, and our guide to things to do in Malta suggests how to spend time in the south-east, and the Blue Grotto is also on the southern coast. For somewhere to stay, see hotels across Malta. If you are planning a move, the Malta relocation guide covers other practical steps.

To begin, use the VisitMalta.co.uk enquiry form on this page, tell us briefly what you would like to know about retirement schemes, and we will pass your message to the administrator, who will reply to you directly.