Friday 27 May 2016
 
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Pension

Takaud discusses savings schemes at Bahrain event

Takaud, a specialist provider of savings, investment, and pension solutions for the Middle East and North Africa (Mena) region, hosted senior human resource (HR) and finance managers from large corporations in the oil and gas sector at a speci

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Record dip seen in GCC salary increases for 2016

Salary increase forecasts for 2016 in the UAE and Qatar are recorded at 4.9 per cent, a figure below 5 per cent for the first time in five years, a report said, adding hikes in Saudi Arabia are expected to hover around 5 per cent, much lower tha

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900 flights hit as Lufthansa strike enters 6th day

Hundreds more flights were grounded on Thursday when a strike by Lufthansa's main cabin crew union entered its sixth day, with no sign of compromise to resolve the longest walkout in the history of the German airline. Cabin cr

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At $397bn, GCC pension funds meagre says report

Across the GCC, public pension funds amount to $397 billion, representing nearly a quarter of the gross domestic product (GDP) and $15,000 per national, accoridng to a recent report.   EY’s GCC Wealth and A

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At $397bn, GCC pension funds meagre says report

Across the GCC, public pension funds amount to $397 billion, representing nearly a quarter of the gross domestic product (GDP) and $15,000 per national, accoridng to a recent report.   EY’s GCC Wealth and A

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Top pension fund assets exceed $15 trillion

Total assets of the world’s largest 300 pension funds grew more than three per cent last year, compared to around six per cent the previous year, to reach a new high of over $15 trillion, according to Pensions & Investments and Tower

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One-off pension payment agreed for Bahraini private staff

Bahrainis working in the private sector could soon be eligible for a one-off payment from the Pension Fund Authority (PFA) if they complete just five years of service and then quit. Currently, employees are required to work for 15

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UK overhauls employee pension schemes

Britain published new rules for private pensions on Monday which give retirees greater freedom to spend their savings as they like, fleshing out reforms announced earlier this year that shook the share value of British insurers. F

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IBB accredits new shariah-compliant pension scheme

Islamic Bank of Britain (IBB) has accredited the ‘Islamic Pension Trust,’ a new fully shariah-compliant auto-enrolment pension scheme.   The scheme was developed by Carey Pensions UK, with guidance fr

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Bahrain's Takaud eyeing major Mena push

Bahrain-based Takaud, the Middle East and North Africa's (Mena) first specialist savings and pensions solutions provider, plans to have a presence across the region over the next seven years, said a top company official. "

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