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          Pensions

          The news on pensions, from eligibility to pension funds in the UAE and worldwide

          Boris Johnson and Rishi Sunak want to 'unlock the hundreds of billions of pounds sitting in UK institutional investors'. Reuters

          Investment 'big bang' needed to boost Britain

          EconomyAugust 04, 2021
          Bernard Madoff was sentenced to 150 years in prison after being found guilty of running a $50 billion Ponzi scheme. Getty Images / AFP

          Untangling Bernie Madoff's 'epic' Ponzi scheme continues despite his death in April

          MoneyJune 09, 2021
          The Dubai International Financial Centre Gate building. The free zone was the first entity in the UAE to set up a new gratuity system Sarah Dea / The National

          DIFC employees 'confident of receiving gratuity' after signing up for Dews savings plan

          MoneyJune 08, 2021
          In Bahrain, the average retirement age of citizens is 48 compared with 64 years in OECD countries. Getty Images

          Experts urge overhaul of GCC public pension systems to plug funding deficit

          MoneyNovember 16, 2020
          In just eight countries, Australia, Canada, China, India, Japan, Netherlands, UK and the US, the retirement savings gap is projected to balloon to $400 trillion by 2050, according to the World Economic Forum. Getty Images

          How to make your pension last until you reach 100

          MoneyNovember 15, 2020
          The UAE is set to spend much of 2020 planning its future and would-be business owners need to develop their own long-term plans, says Manar Al-Hinai. Getty Images

          UAE employers must register Emiratis for pension benefits or face fines

          MoneyDecember 31, 2019
          MNJMM5 11.05.2018, Sydney, New South Wales, Australia - A view of Sydney's city skyline with the Central Business District and the waterfront.

          Australian pension funds' $168bn 'wall of money' could head overseas

          MoneySeptember 10, 2019
          While expatriates in the GCC have their retirement needs serviced by the end of service gratuity, citizens have a defined benefit scheme, which pays out a percentage of an individual’s final salary once they reach retirement age. Getty

          The GCC’s pension systems are ripe for reform

          MoneyDecember 10, 2018
          Simon Herborn, an actuary at Milliman, at the Mena Pensions Conference in Bahrain. He says the benefit acts more like a mid-career bonus than a boost to retirement saving. Photo: courtesy of Takaud

          Is the UAE end-of-service gratuity set for an overhaul?

          MoneyNovember 26, 2018
          Manama in Bahrain. The government offered early retirement to public sector employees to reduce the workforce. Reuters

          Economics 101: When revenues are squeezed options exist beyond downsizing

          EconomyNovember 17, 2018
          Visitors to an exhibition about demografic change called 'Ey Alter' by carmaker Mercedes Benz in Berlin, Germany, can choose between the "young" or "old" door to enter. Axel Schmidt / Reuters

          Mercedes nurtures its aging workforce to help delay retirement

          MoneyJune 25, 2018
          Set yourself financial targets and reward yourself for achieving them. Nobody wants to run into serious debt in the UAE, the consequences can be dire. Mona Al Marzooqi/ The National

          10 financial resolutions for a more prosperous 2018

          MoneyDecember 27, 2017
          The finance ministry has allocated funding to find solutions to traffic congestion in the UAE. Jeff Topping / The National

          UAE's 2018 budget hopes to solve traffic congestion

          UAEDecember 19, 2017
          New rules in the UK governing pension withdrawals are design to prevent the funds from being double-taxed. Jason Alden / Bloomberg

          UK-UAE tax treaty lets UK pension holders cash out tax-free

          BusinessApril 04, 2017

          FCA crackdowns on Holborn Assets’ UK division over pension transfers

          BusinessMarch 22, 2017
          The Financial Conduct Authority has issued an alert over the growing number of investors at risk of having their pension transferred into unsuitable investments or falling victim to scammers. Chris Helgren / Reuters

          UK financial regulator acts on pension scam risk to British expats in the UAE

          BusinessJanuary 28, 2017
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