In February 2013 Jersey launched a ground-breaking pension scheme for expatriates by a UAE bank. NBAD Trust Company (Jersey) Limited, a wholly owned subsidiary of the National Bank of Abu Dhabi PJSC (NBAD) launched its Wealth Builder Plan, the first ever pension scheme for expatriates by a UAE Bank. The scheme allows employers in the UAE the ability to offer their expatriate staff enhanced corporate savings and pension options having been specifically designed for domestic and multi-national companies that employ expatriates. Cleary this is a strong reflection both of Jersey's strong relationship with the UAE and Jersey's international wealth expertise.