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Staff Writer
3 days ago4 min read
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...
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Ruan van Rensburg
Dec 10, 20244 min read
UAE's New EOSB Savings scheme: Better for Employees?
This article has been guest-authored by Ruan van Rensburg , consulting actuary and founder of Lux Actuaries The UAE's introduction of the...
315
Staff Writer
Nov 27, 20243 min read
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...
116
Staff Writer
Nov 26, 20244 min read
Are retired UAE nationals eligible for the EOSB Savings Scheme when re-entering the private sector workforce?
With Emiratization targets increasing year-on-year fo r the private sector, HR professionals and employers are considering various...
75
Staff Writer
Nov 19, 20242 min read
HAYAH Insurance partners with additiv to offer innovative add-ons with End-of-Service Benefits
HAYAH Insurance (HAYAH), the first insurance company in the UAE to secure a fund management license from the Securities and Commodities...
104
Staff Writer
Oct 30, 20243 min read
Halloween HR Horror: Nightmare on 'End-of-Service Benefits' Street
As the spooky season is upon us, we at Pensions Monitor thought we’d embrace the theme and ask ourselves the question: What are the...
101
Staff Writer
Oct 28, 20244 min read
31% of UAE employees want retirement savings plans, according to Zurich's 2024 Future of Work Survey
Zurich Insurance, a prominent insurer in the UAE and administrator of the DIFC Workplace Employees Savings scheme (DEWS), recently...
320
Staff Writer
Oct 27, 20242 min read
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...
141
Staff Writer
Oct 23, 20242 min read
Sukoon launches End-of-Service Benefits (EOSB) Savings Plan in DIFC
Sukoon Insurance, one of the UAE’s leading insurers, has recently launched its highly anticipated End-of-Service Benefits (EOSB) Savings...
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Staff Writer
Oct 20, 20247 min read
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...
276
Staff Writer
Oct 17, 20242 min read
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...
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Staff Writer
Oct 15, 20244 min read
When will UAE’s End-of-Service Benefit Savings Scheme become compulsory?
Since the introduction of Cabinet Resolution 96 a year ago, there is much debate within the industry on when exactly this new scheme will...
193
Staff Writer
Oct 14, 20243 min read
SCA approves the first three End-of-Service Benefits (EOSB) Savings Funds
The Securities and Commodities Authority (SCA) has approved the first three End-of-Service Benefits (EOSB) Savings funds as per the...
183
Staff Writer
Oct 10, 20244 min read
MoHRE updates enrolment process: Companies must now contact Fund Managers directly for EOSB Savings Scheme
The Ministry of Human Resources and Emiratisation (MoHRE) has updated the enrollment process for the EOSB Savings scheme, now requiring...
381
Staff Writer
Oct 4, 20243 min read
Smart Pension Limited: Post Scriptum
Following the publication of our previous article on the Financial Performance FY 2023 of Smart Pension Limited ("Smart Pension" or...
100
Staff Writer
Oct 2, 20242 min read
National Bonds becomes third approved provider for UAE’s EOSB Savings Scheme
National Bonds Corporation Sole Proprietorship PSC (“National Bonds” or “Company”) has officially been recognized as a provider for the...
324
Staff Writer
Oct 2, 20245 min read
Smart Pension Limited: Will there ever be light at the end of the tunnel?
The company Smart Pension Limited (“Smart Pension” or “Company”) is perhaps not a household name here in the GCC, however, it does play a...
221
Staff Writer
Sep 26, 20244 min read
Should employment contracts be amended before enrolling employees in the new alternative EOSB savings scheme?
The new alternative End-of-Service Benefits (EOSB) savings scheme is a significant shift from the current system of simply accumulating...
332
Staff Writer
Sep 17, 20243 min read
Pensions Monitor: “UAE companies should start documenting their Pension Strategy now.”
In recent weeks, Pensions Monitor has been engaging with companies to assess their understanding and readiness for the new End-of-Service...
255
Staff Writer
Sep 10, 20245 min read
FTA confirms: Tax benefits apply on EOSB contributions to funds for 'all' employees in the UAE, conditions apply
Many companies have been enquiring about the new alternative End-of-Service Benefits (EOSB) Savings scheme that was announced last year....
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