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Happy New Year: Five Predictions for 2025

Happy New Year! We hope all our readers enjoyed the holiday season. As we kick off 2025, we at Pensions Monitor have taken a moment to gaze into our crystal ball and see what lies ahead for the End of Service Benefits (EOSB) Savings market. Here are our top five predictions for the year: Prediction […]

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Happy birthday, Cabinet Resolution 96!

Dear Ministerial Cabinet Resolution 96, Sorry, we’re a month late for your first birthday which was on 24 October 2024 but we’re here to wish you a very happy belated birthday! May your journey continue with success, growth, and greater achievements in the years ahead. We are taking this opportunity to reflect on your first […]

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Newsflash: FAB appoints Deutsche Bank as Custodian for its EOSB Savings Plan; offers only “limited capital protection”

Following last week’s announcement that First Abu Dhabi Bank (FAB) received approval from the Ministry of Human Resources and Emiratisation (MoHRE) as a provider of the End-of-Service Benefits (EOSB) Savings scheme, the bank has now published a document on Frequently Asked Questions (FAQ). The FAQ document (available for download below) discloses Deutsche Securities and Services, […]

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UAE maintains C+ rating in 2024 Mercer CFA Institute Global Pension Index: What reforms could potentially boost this rating?

Mercer, the global consulting firm specializing in employee benefits and investment solutions, recently released the 16th edition of the Global Pensions Index Report 2024 (the ‘Report’) in collaboration with the CFA Institute. The Report highlights that many countries are facing challenges related to aging populations, characterized by increasing life expectancies and declining fertility rates leading […]

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MOHRE approves fourth Fund Manager for UAE’s End of Service Benefits Savings Scheme

The Ministry of Human Resources and Emiratisation (MOHRE) has officially approved First Abu Dhabi Bank (FAB) as a new provider for the alternative End-of-Service Benefits (EOSB) Savings scheme based on MOHRE’s website listing sited on 17 October 2024. This approval marks FAB as the fourth approved provider since the scheme’s introduction vide Cabinet Resolution 96/2023 […]

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