In this episode, we take a deep dive into the transformative Dubai Employee Workplace Savings (DEWS) plan implemented by the DIFC, comparing it to traditional federal pension schemes.
We discuss how the DEWS plan revolutionizes employee benefits by giving individuals more control and transparency over their retirement savings. Unlike older systems where employers were responsible for managing funds without clear investment strategies, DEWS ensures that contributions are professionally managed and reinvested for maximum growth. Employees can choose from various risk-based funds, allowing them to customize their pension portfolios based on their financial goals. Overseen by the DFSA (Dubai Financial Services Authority), the DEWS plan guarantees that trustees, administrators, and investment advisors adhere to stringent regulations, providing employees with a secure, flexible, and future-focused approach to retirement planning.
Listen in to discover how the DEWS plan is empowering employees and redefining workplace savings in the DIFC.
