Qualifying Schemes

DIFC Employee Workplace Savings Plan

The DEWS (DIFC Employee Workplace Savings) Plan supports DIFC’s vision to drive the future of finance in the region by reforming the end-of-service benefit arrangement to align with global retirement savings standards.

Get on board with DEWS, your new progressive workplace savings plan. 

Enrol Now

Please ensure that you have designated an authorised signatory for your DEWS plan by logging into your portal account. For more information and guidance on DEWS:

 

What is DEWS

The DEWS Plan is a progressive end-of-service benefits initiative introduced within the Centre to restructure the current employee benefit plan into a funded and professionally managed, defined contribution plan. The plan also offers a voluntary savings option, enabling employees working in DIFC to secure their financial future with ease.

Following an independent selection process, DIFC has finalised the key service providers for the DEWS Plan. DIFC’s chosen partners demonstrate outstanding capabilities, a proven track record, and alignment with international best practices.

  • Equiom, a global trust services provider, will act as master trustee of the DEWS plan.
  • Zurich Middle East has been selected as the plan administrator, supported by Mercer as investment adviser and Smart Pension as technology services provider.

 

Why DEWS? The Benefits to You

For employers, the DEWS solution will:

  • Attract exceptional professional talent into the region by offering employees the ability to earn returns on their benefits from a regulated and reputable plan administrator.
  • Provide greater cash flow certainty with end-of-service benefit (EoSB) entitlements spread across employees’ tenure.
  • Deliver access to a world-class, cost-effective solution, based on current salary rather than final salaries.
  • Offer clarity regarding EoSB liabilities, with assurance of no further obligations once paid.

For employees or members, the DEWS solution will:

  • Provide visibility of employee EoSB entitlement and certainty of payment.
  • Facilitate voluntary savings, in addition to employers’ contributions, to support long-term savings goals.
  • Include a choice in savings management, catering to various risk appetites and featuring Sharia-compliant options.
  • Ensure contributions are professionally managed in a cost-effective and flexible manner, with opportunities to earn returns.

For any enquiries, you can contact dews.support@zurich.com. 

 

 

GO SAVER Employee Money Purchase Scheme

Approved by the DFSA and DIFCA, GO SAVER is built on a comprehensive framework that complies with applicable regulations. CSC Trustee Services (Middle East) Limited provides trustee services, while Sukoon Workplace Savings Solutions Limited, a wholly owned subsidiary of Sukoon Insurance, acts as the plan administrator.

Franklin Templeton Investments (ME) Limited serves as the investment manager, offering model portfolios designed to cater to diverse risk appetites.

As its default investment solution, the scheme includes a Capital Protected Fund issued by Sukoon Insurance and Generali Global Pension, along with a curated selection of investment funds, including Sharia-compliant options.

For more information about GO SAVER, please visit https://www.sukoonworkplacesavings.com/. You can also address your queries at contact@sukoonworkplacesavings.com or call 800 - GO SAVER (800 46 72837).

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