UAE official calls for investment funds to help expats manage retirement

Pedro Gonçalves
clock • 2 min read

The UAE needs to set up investment funds to manage retirement and end-of-service benefits for employees in the UAE, according to the director-general of the Federal Authority for Government Human Resources. The new system will possibly include an enhanced gratuity system and private sector savings scheme which will help retain talent in the UAE. "With accelerated global technological advancements and the increased retirement age and years of service, there is an urgent need in the regio...

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