A tax-efficient pension plan that is hassle free to set-up and maintain

  • With no setup cost, each company can create its own tailor-made pension plan
  • Employer contributions are optional and flexible
  • The design, management and custody of the Ancoria Pension Plan Funds are performed in cooperation with renowned international financial institutions
  • Employee contributions are tax deductible
  • Members can choose their personal investment strategy according to their investment profile
  • Members have online access to their personal pension account and may change their investment strategy


Ancoria Insurance Public Ltd is a company of Swedish origin, which offers saving, investment and pension plans. Established in 1987, the company is registered and regulated by the Insurance Companies Control Service of the Republic of Cyprus.

The major shareholder of Ancoria Insurance is the Sievert Larsson Scholarship Foundation. Through the foundation, the company donates all its profits to help children in need and to further their education, in Cyprus and abroad.

Ancoria Insurance is one of the major shareholders of the newly established Ancoria Bank, which will commence operations in early 2016.

Facts and Figures (as at 31/12/2015)

  • Net annual profit €3.4 million

  • €296 million assets under management

  • Over 20,000 international clients

  • Solvency I ratio of 536%

  • Over €2.1 billion paid to customers to date

Legal Framework of the Ancoria Pension Plan: The Ancoria Pension Plan is under the supervision of the Superintendent of Insurance of the Ministry of Finance and is governed by Class VII of the Insurance Law: Management of Group Pension Funds or Provident Funds.

+357 22 551 300