Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has signed a Memorandum of Understanding (MoU) with Fidelity International (‘Fidelity’) to work together on a new workplace savings proposition for employers in the UAE. This collaboration brings together Emirates NBD’s deep-rooted knowledge of local markets leveraging the capabilities […]
EOSB Fund Performance | DEWS | 31 AUG 2025 Each month, we review the performance of the investment funds available under Dubai International Financial Centre’s two workplace savings plans: DEWS and GO SAVER. In this article, we’ll look at how DEWS performed in August. Our review of GO SAVER will follow shortly. 👉 Click here to […]
EOSB Fund Performance | GO SAVER | 30 JUN 2025 Following our recent post on DEWS’ mid-year results, it’s now time to take stock of fund performance under the GO SAVER Plan, the other official DIFC End-of-Service Benefits (EOSB) Savings Plan, operated by Sukoon Insurance. 👉 Click here to download the dashboard. Note: Please be reminded […]
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 […]
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 […]
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 […]