GPSSA: Achieving Financial Security Starts with Managing Costs and Financial Obligations
Abu Dhabi 30 July 2025: The first step of retirement planning is to identify goals, understand what a financially secure retirement looks like and take smart investment decisions. These are some of the topics highlighted in the Wafra proactive financial planning virtual masterclasses introduced by the General Pension and Social Security Authority (GPSSA).
With an intent to promote a culture of savings and investment, the 2nd phase of the Advanced level of the Wafra proactive planning program provides essential principals and foundations of proactive financial planning that result in smart investment choices and a safety net that ensures a comfortable retirement in the future.
The module entitled Your Investing Options that can be accessed on the Jahiz platform, provides users with information on how to determine the ideal asset allocation in later life stages and understand the different investment options available. Users are offered the opportunity to explore various wealth management products and comprehend ways by which investment risk is evaluated.
The Jahiz platform represents the future of government talent, the largest and most comprehensive national initiatives for future skills in the United Arab Emirates. Launched in late 2022, it is one of the pivotal transformational initiatives for the Federal Authority for Government Human Resources (FAHR).
The course introduces the concepts of achieving financial security, strategies that enhance retirement planning and income diversification strategies. It also introduces the various asset classes in which to invest, such as stocks, bonds, and real estate, and the expected outcomes of these investments in terms of maximizing investment returns, developing retirement savings and transforming small initial investments into a retirement shield against any potential future challenges.
Also explained are the basic financial planning steps required during each investment stage that help secure a state-sponsored pension and social security system, some of which include and are not limited to insurance-based retirement plans, foreign investment plans, national bonds, real estate investments.
Important advice regarding achieving optimal investment rates to ensure continuous inflow of savings and growth throughout the retirement years are highlighted, steps taken to promote wealth management, a process of planning, managing and preserving financial assets to achieve long-term financial investment goals.
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