A company pension and savings plan for expatriate workers in the UAE was launched yesterday by the National Bank of Abu Dhabi Trust Company with the Royal Bank of Canada as administrator and custodian of the scheme. That’s two of the world’s safest banks working for you.
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The new Wealth Builder Plan differs from existing regional pension plan offerings in that both the company and employee make regular monthly contributions to a choice of investment funds. This is a way of rolling up the money previously allocated to end of service gratuities into a savings plan.
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Read more: http://www.arabianmoney.net/banking-finance/2013/02/06/nbad-launches-expat-pension-and-savings-plan-with-royal-bank-of-canada/
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