Arabian Gulf pension funds are expected to double to
Assets under management held for public service employees from the
Saudi Arabia has made the biggest contributions towards its pensions funds as more than 2.3 million Saudis are set enter the workforce in the next five years. In the West, pension funds have come under fire for struggling to meet target yields amid a low-interest environment.
New regulations such as Solvency II, Basel III and the US Dodd-Frank Act are all expected to have implications on European pension schemes.
"There are a lot of debates in
Pension offerings in the GCC so far have been exclusive to nationals of the union's respective countries.
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