Long Term Investment
MP Bank offers Private Pension Savings which all employees can invest up to 6% of their salary before income tax and receive a counter-contribution into their pension plan of up to 2% from their employer.
MP Bank´s Private Pension Savings scheme is a third-pillar voluntary private pension savings scheme operated within law 1997 nr. 129 on Statutory Pension Contributions and the Operation of Pension Funds.
Investment Plans for Your Savings
MP Private Savings 1
Premiums are only invested in treasury bills, bonds and government-guaranteed bonds.
MP Private Savings 2
Premiums are invested evenly in treasury bills, bonds and government guaranteed bonds and in term-deposits with financial institutions which hold a commercial banking or savings banks licence.
Both portfolios were launched at the end of 2008.
MP Private Savings 3
Premiums are only invested in deposits with financial institutions which hold a commercial bankings or savings bank license. Launched in June 2009.
MP Private Savings
|Address||Armuli 13a, 108 Reykjavik|
|Social Security Number||540502 2930
|Pension Fund Identification Number||320|
|Telephone||+354 540 3200|
|Fax||+354 540 3201|
|Advice and Informationfirstname.lastname@example.org|
|Employer's receipts email@example.com|