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Al Hathboor unveils staff pension scheme
- United Arab Emirates: Thursday, June 19 - 2008 at 09:18
Al Hathboor Group has implemented a staff pension scheme for 600 managers at the company. The scheme, which augments the state end-of-term gratuity system, means that qualifying Al Hathboor staff will receive a payment at the end of their service that has been properly funded and managed. HSBC is acting as adviser, trustee, custodian, administrator, record keeper, and fund manager of the scheme.
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