What is the purpose of a private pension?

Malta, like several other nations, is facing challenges posed by an aging population. As the proportion of elderly citizens continues to rise, the burden on the state pension system has increased significantly. At the same time, the low pension income may fall short of providing retirees with a comfortable standard of living. This combination of…

A healthy diet on a budget

Health and budgeting go hand in hand. In this article we shall discuss how you can adopt a healthy diet while keeping to your budgetary plans. A little research, a plan, and some storage essentials can go a long way to ensure you are supporting your health and budget plans through a healthy and sustainable…

ĠEMMA and HSBC Malta Foundation host quiz showcasing students’ financial knowledge

Some of Malta’s best and brightest young minds put their financial skills to test in the second Financial Literacy Quiz recently organised by ĠEMMA and the HSBC Malta Foundation. The event was open to students in Years 7 and 8 and saw the participation of students from International Independent Boarding School, St Martin’s College, St…

Il-gost jew l-imrar ta’ wara ġita

Aktarx, l-aktar ħaġa popolari llum wara karozza u ċellulari sar is-safar. Le ma nsejtx ix-xiri ta’ dar, iżda din kienet prijorità fil-ġenerazzjonijiet ta’ deċenji ilu. Fejn li jkollok darek kienet tfisser pride, sigurtà, impenn, il-vetrina li tirrappreżenta ħajjitna. Illum l-importanti għal bniedem sar hu (innifsu) u li jgħix il-mument. “Għada min rah!”… Iżda għal min…

What is the difference between a ‘With Profits’ and a ‘Unit Linked’ Investment?

Life Insurance companies generally offer two types of investment vehicles. These are called with profits investments and unit linked investments. But what are the main differences between these two? With Profits A with profits investment is generally a capital guaranteed investment and builds its value from annual bonuses paid by the insurance company. These bonuses…

Financial Priorities

Whenever money comes into our lives, our tendency leads us to think first about what we can spend it on – what to do for fun, how much clothing we can buy, where we can go on vacation. However, few people tend to understand the importance of setting financial priorities. Do we really need the…