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Equiom announced as master trustee for DIFC savings scheme

News Team, 18/10/2019

Global fiduciary services provider Equiom has been selected by the Dubai International Financial Centre (DIFC) as master trustee on the "much anticipated" DIFC Employee Workplace Savings (DEWS) Scheme, due to launch next year.

The appointment will see all DIFC-registered companies, with a combined total of more than 24,000 employees, contributing to an overarching end of service gratuity trust scheme. 

The DEWS Scheme will be mandatory for all organisations based within the DIFC, with the ability to opt out in only very limited circumstances. 

The scheme is due to launch in January 2020 with Equiom a...


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