The Clock Has Started for Gibraltar's Small Employers - Is Your Pension Scheme in Place?

As of 1 July 2026, the next tranche of Gibraltar's private sector employers has reached its staging date under the Private Sector Pensions Act 2019 (“the Act”). 

If you are a "Small" employer (with between 15 and 50 employees) you are now required by law to provide your employees with access to a workplace pension scheme.

This is a significant milestone in the phased rollout of the Act, which has been progressively extending pension obligations across the private sector since it came into force in August 2021. 

Enterprises and large employers have already been through this process, medium-sized businesses reached their deadline in July 2025, and micro employers (1 to 14 employees) will follow by 1 July 2027. 

What Does This Mean in Practice?

Put simply, the Act requires all private sector employers to establish and contribute towards a pension scheme for their eligible employees, ensuring a more secure financial future for their workforce. 

If you have not yet taken steps towards compliance, now is the time to act.

Why a Group Personal Pension Scheme?

Employers have two main options: a Group Personal Pension Scheme (GPPS) or an Occupational Pension Scheme. 

In our experience, more and more employers are opting for a GPPS, and for good reason. 

With a GPPS, a professional trustee takes on the heavy lifting (scheme governance, regulatory compliance, investments, and fiduciary responsibilities), so you do not have to. 

Your only obligation as an employer is to ensure contributions are paid on time, the rest sits with the pension provider and trustee. And if an employee leaves, their pension goes with them, meaning no ongoing responsibility for you. 

For employees, a GPPS offers the flexibility of choosing independent financial advisers, providing unbiased, regulated investment advice tailored to their individual needs and risk appetite. 

How We Can Help

At Line Group, we administer a GPPS approved by the Commissioner of Income Tax, with a licensed and regulated corporate trustee providing trusteeship. 

We also administer a Qualifying Recognised Overseas Pension Scheme (QROPS) for eligible employees who have UK pension savings. 

Our experienced team handles the administration, compliance, and guidance needed to get you set up through a straightforward process. 

Get in Touch

If you are a small employer affected by this staging date, or a micro employer looking to get ahead of next year's deadline, we would be happy to discuss your options and obligations. Do reach out to our team:

wayne.fortunato@linegroup.gi 
yvonne.victor@linegroup.gi 
peter.donovan@linegroup.gi 

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