EOSB Fund Performance | GO SAVER | 31 JUL 2025 After reviewing the performance of DEWS for July, let’s now turn to GO SAVER, the other official End-of-Service Benefits (EOSB) Savings Plan available in the Dubai International Financial Centre (DIFC) operated by Sukoon Insurance. 👉 Click here to download the dashboard. Generali Capital Protected Fund This […]
EOSB Fund Performance | DEWS | 31 JUL 2025 After a solid first half of the year, July brought little excitement for DEWS fund performance. Returns for the month were modest across the board, with most funds holding their ground or delivering small gains. Notably, the default fund, a balanced option selected by the majority […]
The DEWS Annual Report 2024 is now out, and it’s packed with information. DEWS has seen a steady growth in Assets under Management (AuM), driven by more employers, more employees, accumulated contributions over time and steady investment gains. Total AuM reached USD 789mn by the end of 2024, and is estimated at USD 889mn as […]
EOSB Fund Performance | GO SAVER | 31 MAY 2025 GO SAVER as well, has generally had a good month in May as did DIFC’s other workplace savings plan DEWS. 👉 Click here to download the dashboard. For background, GO SAVER currently offers 14 funds, one of which – the Generali Capital Protected Fund – has […]
Last year, we wrote about End-of-Service Benefits (EOSB) Contributions paid to funds being an allowable expense for Corporate Tax (CT) purposes, subject to certain conditions. To recap: On the basis of Article 28 of the Federal Decree-Law No. 47 of 2022 (CT Law) that sets out the general rules for allowing deductions from profits for […]
Today’s article is authored by Ruan van Rensburg, CEO of Lux Actuaries Financial Consulting. The AUM model referenced in this article can be obtained from Nisha Braganza, Editor-in-Chief of Pensions Monitor. Please email Nisha at nisha@pensionsmonitor.com to request for the same. Background A recent special report by the European Court of Auditors on Developing Supplementary […]
Since its issuance in late 2023, Cabinet Resolution 96 of 2023 has clearly enabled companies in mainland UAE to offer the End-of-Service Benefits (EOSB) Savings Scheme – let’s call it the UAE EOSB Savings Scheme – as a replacement to the traditional EOSB Gratuity. But what about the freezones? There are said to be at […]
Global markets during April 2025 Global equities On 2 April 2025, United States President Donald Trump held a White House Rose Garden ceremony where he announced what he called a “reciprocal tariff” strategy. Subsequently, the worldwide stock markets took fright in dramatic fashion: For example, the Nikkei index shed almost 10%, as did the FTSE […]
DEWS (Dubai Employee Workplace Savings), the first official End-of-Service Benefits (EOSB) Savings Scheme in the Dubai International Financial Center (DIFC), has now been operational for over five years. During this time, employers in the DIFC have been making regular contributions on behalf of their employees into investment funds, chosen by employees. Last week, we at […]
Pensions Monitor rolls out monthly dashboards As of today, the UAE’s official End-of-Service Benefits (EOSB) Savings Scheme includes 11 approved funds and within the Dubai International Financial Center (DIFC), DEWS offers 11 investment options, and GO SAVER adds another 16. With a growing list of options—and more providers expected—we thought it was time for a […]