The transforming power of pensions for the Gulf
Source: Middle East Insurance Review | Jun 2015
Pension fund assets in the Gulf are growing one-third faster than the global average and are projected to reach $5 trillion by 2020, yet the industry is still at a relatively embryonic stage. Mr Luc Métivier of Bahrain-based Takaud Savings & Pensions explains the potential for pension funds to be an engine for economic growth and stimulate the emergence of a global-scale financial services hub.
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