Middle East Workplace Savings and End of Service Benefit Plans

Leading the Future of Workplace Savings in the Middle East

End of Service Benefit (EOSB) and Workplace Savings Plans are essential for providing financial security to employees upon their departure, ensuring their loyalty and satisfaction. Our tailored EOSB services are designed to align with your business objectives and comply with regional regulations, ensuring peace of mind for both you and your team.

Equiom Fiduciary Services (Middle East) Limited is proud to serve as the Master Trustee for the DIFC Employee Workplace Savings (DEWS) plan, launched in February 2020. The DEWS plan is a transformative EOSB scheme designed to replace the traditional EOSB within the Dubai International Financial Centre (DIFC). By aligning with global standards, DEWS supports DIFC’s vision to drive the future of finance in the region.

Our Services

Equiom provides a comprehensive range of EOSB Plan services designed to support your business and employees. Our services include:
Plan Design and Implementation: Creating customised EOSB plans that meet your business needs and comply with legal requirements
Funding Strategies: Supporting optimal funding strategies to ensure the sustainability and effectiveness of your EOSB plans
Regulatory Compliance: Ensuring your EOSB plans adhere to all relevant local and international regulations
Administration and Management: Handling the day-to-day administration of EOSB plans, including record-keeping, benefit calculations, and disbursements
Employee Communication: Providing clear and effective communication to employees about their EOSB entitlements and benefits
Consultation and Support: Offering ongoing consultation and support to adapt and improve your EOSB plans as your business evolves

How We Can Help

Expertise and Compliance

EOSB is a statutory obligation for companies across many Middle Eastern jurisdictions, designed to help fund employees’ future financial needs. With over 20 years of experience, Equiom is the market-leading trustee in the Middle East and Equiom Fiduciary Services (Middle East) Limited holds the prestigious role of Master Trustee to the DIFC Workplace Savings (DEWS) Plan.

Our extensive knowledge ensures your business complies with these statutory requirements effectively. Our team of experts stays updated with the latest legal developments to provide accurate and reliable advice, ensuring your EOSB plans comply with all relevant regulations and reduce the risk of non-compliance.

Effective Plan Management

Our expertise in EOSB Plans ensures that your business can manage employee departures smoothly and efficiently. We handle the complexities of plan design, implementation, and administration, allowing you to focus on your core business activities.

We provide customised EOSB plans tailored to your specific business requirements and regulatory environment, offering financial security to your employees while supporting your overall business strategy.

Employee Satisfaction and Retention

By offering well-managed EOSB plans, you can enhance employee satisfaction and loyalty. Our clear communication and efficient management of benefits ensure that your employees understand and appreciate their entitlements, creating a positive work environment.

Trust Equiom to manage your EOSB Plans with professionalism and expertise. Our extensive experience and dedication to excellence ensure that your contributions are secure, compliant, and effectively managed. Let us help you provide financial security and peace of mind for your employees, supporting their long-term financial well-being and aligning with your organisational goals.

Please note this content has been carefully prepared, but it has been written in general terms to provide an overview of the services available across the Equiom group and should be seen as broad guidance only. The statement is not intended to suggest that each service listed is provided by all office locations. For more specific information, please contact our team or an office location of your choosing.

Equiom Fiduciary Services (Middle East) Limited is regulated by the DFSA.