The Pensioneer Trustee Company (Guernsey) Limited


UAE employers with retirement plans reap the rewards

November 6, 2015

Staying afloat through retirement means making financial preparations during your working life. However, UAE employers’ ambivalence towards addressing the need for retirement savings means employees must fend for themselves, assisted to some extent by the end of service gratuity.

For the majority of expats in the UAE, the occupational retirement plans found in western countries do not exist. Instead, employers are obliged to make a lump sum payment known as the end of service gratuity.

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The Pensioneer Trustee Company (Guernsey) Limited is licensed by the Guernsey Financial Services Commission under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000 and subject to The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules (No.2) 2017.