Bahrain-based Takaud, a leading provider of savings and pensions, has completed a comprehensive training course for its first intake of Savings and Pensions executives.

The course covered inlcuded investment advice, compliance, financial planning as well as wider communications modules to ensure customers receive ‘best-in-class’ advice and customer service, said a company statement.

As a Central Bank of Bahrain (CBB) regulated business, Takaud’s training programmes are aimed at reinforcing the expertise of its distribution executives in the Mena market as the ‘go to’ Savings and Pensions advisers with the company committed to educating the region’s population on the importance of saving for the long term.

To illustrate this point, 30 per cent of citizens in the Mena region save nothing on a monthly basis, it stated.

"As a region, we do not save enough with the financial repercussions of this lack of a ‘savings culture’ creating the potential for serious repercussions in the future," said Eric Van Biesen. the acting CEO.

"Takaud is now centre stage within the Mena Savings and Pensions debate and is committed to providing both nationals and expatriates with the best possible solutions to address their long term financial needs," he noted.

"Our Savings & PensionExecutive Training Programme reinforces our expertise in the market and reaffirms our reputation as the provider of choice for Savings and Pensions," added Van Biesen.

Takaud’s leading product range includes the ‘Individual Savings Plan’ which provides a simple savings and pensions solution which enables Mena nationals and resident expats to plan and save for major life events and associated expenses.-TradeArabia News Service