Tuesday 17, June 2008 by

HSBC advises Al Hathboor Group on pension scheme

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.