Last year, we wrote about Aurem as one of three early-stage startups vying for a place in the UAE’s workplace savings market. Today, Aurem has become the first digital platform for End-of-Service Benefits (EOSB) savings to have successfully integrated with MOHRE (Ministry of Human Resources and Emiratisation). Who is Aurem, and why is this integration […]
As we approach the second anniversary of Cabinet Resolution 96/2023 that introduced the alternative End-of-Service Benefits (EOSB) Savings Scheme, a question looms for companies that already offer some form of private pension or savings plans: Is it possible to get an exemption from this national scheme once it becomes compulsory? To be clear: As of […]
With the UAE’s new End-of-Service Benefits (EOSB) Savings Scheme now in motion, employers have a timely opportunity to rethink their employee benefits strategy. At its core, the scheme replaces the traditional gratuity model with a regulated, investment-based approach. These licensed EOSB investment funds are designed to ensure that employee savings are not only protected but […]
On 20 June, Umami Comms DMCC (Umami Comms), a creative communications agency based in Dubai Multi Commodities Centre (DMCC), hosted a financial wellbeing session for its employees. With rising living costs becoming a top-of-mind concern for many UAE residents, Umami Comms’ initiative was indeed timely and thoughtful, to guide employees and give them ways to […]
Yes, you have read that right. Pensions Monitor has just completed a year! It was exactly one year ago since we published our first article on the new UAE End of Service Benefits (EOSB) Savings scheme. In the 12 months since, we’ve worked hard to bring you the latest developments, market insights, and expert commentary […]
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 […]
Pensions Monitor is pleased to announce that Nisha Braganza, Editor-in-Chief of Pensions Monitor, has been officially registered as a financial influencer (“FinFluencer”) under the UAE Securities and Commodities Authority’s (SCA) Board of Directors Resolution No. 10 of 2025, which came into effect on 28 May 2025. The new regulation requires that UAE-resident individuals, who share […]
Is your company thinking of shifting from traditional End-of-Service Benefits (EOSB) gratuity to a structured savings scheme? If you’re unsure, you’re not alone. For those who are new to the topic The UAE EOSB Savings Scheme was introduced by Cabinet Resolution 96 of 2023. To date, there are four approved fund managers with more expected […]
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 […]
On 8 May, a select group of HR leaders from major organizations across the UAE convened for an intimate workshop to discuss advancements in End of Service Benefits (EOSB). Hosted by international law firm Stephenson Harwood and global talent solutions firm Robert Walters, the event took place at the vibrant One Life Kitchen and Café […]