first_img“If I think about the UK pension system, if I talk to my colleagues in PensionsEurope, there is a huge amount of regulation and legislation applied in those countries around the governance and security of pension provisions within those countries.“We mustn’t kid ourselves. We mustn’t think for one moment we are starting from a position of zero – and there is a risk that, in this debate, when we talk about Solvency II arrangements for insurance companies versus what might be in the communication tomorrow from commissioner Barnier for IORP, is that we are starting from a position of zero, which we absolutely are not.”Segars, also the chief executive of the UK’s National Association of Pension Funds, the single largest occupational pensions market affected by the potential for capital requirements, said solvency rules would in fact undermine security.“It could decrease the amount of security, decrease the amount of adequacy and decrease savings in pensions,” she said. European solvency requirements for the Continent’s IORPs could only be applied if all countries were starting from “a position of zero”, Joanne Segars, the chair of PensionsEurope has insisted.Continuing the war of words over the introduction of solvency requirements for pension funds at a conference to mark the second anniversary of the European Commission’s White Paper on Pensions, Insurance Europe’s director general Michaela Koller argued that, while not every industry providing pension promises needed to be subject to the same regulatory framework, there remained a need for ‘same risk, same rules’.The conference – which saw the internal market commissioner Michel Barnier indicate that, while he had postponed the publication of pillar I legislation detailing capital requirements, it remained an issue his successor would examine – also saw Segars continue the group’s fight against a solvency framework for the sector.She said: “There’s a risk that the debate starts from the point that there are no rules that sit around the funding requirements and the solvency requirements of IORPs – and that, of course, isn’t the case.last_img read more

first_imgThis followed the last of five initial meetings scheduled for January, which have been facilitated by Joanne Segars, the chair of the joint expert panel appointed to help resolve the dispute about USS. The faciliated meetings were agreed to after the panel published its second report.A spokesperson for UUK, the body for employers, said it regretted that further strike action was being planned “at a time when positive talks on the future of the scheme are making significant progress and are ongoing”.“If universities want to avoid further disruption they need to deal with rising pension costs, and address the problems over pay and conditions”Jo Grady, UCU general secretaryBenefits funding tussleAccording to UCU, its general secretary Jo Grady has said that action by the trade union’s members has made employers more cooperative but “we haven’t seen the movement we need”.“If universities want to avoid further disruption they need to deal with rising pension costs, and address the problems over pay and conditions,” she said.The UUK spokesperson said the trade union wants employers to pay “still higher contributions at unaffordable levels”.Employers had agreed to cover 65% of increased costs for maintain current pension benefits, taking their contribution to 21.1% of salaries from October 2019, amounting to a collective additional £250m a year, the spokesperson said.“Members have been asked to make a fair contribution, too.”Under the 2018 valuation, USS members’ contributions have been 9.6% of salaries since October and are due to rise to 11% from October 2021, with employers’ contribution set for an increase to 23.7%.According to the spokesperson, the talks between UCU, USS, and UUK were set to continue at least until March and “are building a shared understanding on the future of the scheme, jointly developing governance reforms and considering alternative pathways for the 2020 valuation”.The UCU spokesperson said the trade union would be continuing with the joint talks, and hoped that “real progress can be made” before 20 February.In her latest update – about the fourth of five meetings that have been held – Segars said “the tripartite group continued to hold productive discussions”.2020 valuationUSS is currently engaging with UUK, UCU and The Pensions Regulator about the methodology for its next valuation, which has to be completed by 30 June 2021 and will be based on a snapshot of the scheme as at 31 March this year.In a recent update to USS employers, the pension scheme said “clear and collective financial commitments” to USS would be crucial to maintain the highest covenant rating possible for the 2020 valuation.While it was possible that USS could contemplate taking more risk in its investment strategy, “this would require employers to further reinforce their commitment with some form of security”, the scheme added.According to the update, USS is to send to employers a discussion document next month to get their views on some of the main features of the 2020 valuation, including USS’s proposed methodology and overviews of the approach to the covenant and risk appetite.USS indicated that as at the end of 2019 the cost of funding new pensions looked to have increased by around 3%, from 28.7% of payroll to 32%, although this was on the basis of the methodology and demographic assumptions used for the 2018 valuation. Staff at 52 UK universities are planning to strike over pensions over 14 days in the coming two months after talks with employers in the £70.1bn (€78.2bn) Universities Superannuation Scheme (USS) failed to satisfy their trade union.The University and College Union (UCU) announced the planned strike action yesterday, saying it would start on 20 February and “escalate each week” to culminate with a week-long walkout in March. At the vast majority of the 52 universities the strike action is over pay as well as pensions, and follows walk-outs by UCU members at 60 universities in November and December.Representatives of UCU, Universities UK (UUK), and USS have been holding joint talks since last month about USS.According to a spokesperson for UCU, the trade union’s higher education committee was “not satisfied that employers were doing enough and sanctioned this next round of strikes”. This was on the basis of feedback from the tripartite meetings, which was presented to the UCU committee on Thursday.last_img read more

first_imgPetronet said its terminals regasified 190 trillion British thermal units in the period, compared to 219 TBTU in the previous quarter and 226 TBTU in the same quarter last year. India imposed a nationwide lockdown from the last week of March to stop the spread of the coronavirus. However, following the relaxation of the lockdown measures in the second half of June, the demand has seen gradual recovery with the Dahej terminal operating at its full capacity, Petronet said. Image: Petronet LNG To remind, the LNG importer revealed earlier this month it invoked a force majeure for nine long-term cargoes with its suppliers Qatargas and ExxonMobil. Net profit after tax stood at 5.2 billion rupees ($69.5 million) in the first quarter of the 2020-21 fiscal, compared to 5.6 billion rupees last year. The company’s 17.5 mtpa Dahej terminal regasified 181 TBTUs during the quarter, compared to 217 TBTU last year.center_img This affected many industries, refineries and power plants resulting in a demand reduction at the Dahej terminal, it said. Revenues dropped 43 percent year-on-year to 49.5 billion rupees ($663 million) in the April-June quarter as regasified volumes declined due to the mentioned lockdown. Before Covid-19, Dahej operated at about 92 percent of capacity while in April the utilization fell below 60 percent, Petronet said. The company’s underused 5 mtpa Kochi LNG terminal has also seen a drop in utilization from about 20 percent in February to 12.22 percent in May. India’s biggest LNG importer Petronet reported a drop in net profit due to lower demand in the country caused by the Covid-19 lockdown.last_img read more

first_imgJust to assist the reporter to understand what we actually saidIf marriage is redefined once, what is to stop it being redefined again? Allowing only same-sex marriage on the basis of love and commitment would then open the door for polygamous, polyamory (group), and consensual adult incest-type marriages. Why would discrimination against these loving adults be ok? They may be illegal now, but it wasn’t that long ago that same-sex marriage was illegal also.—Colin-Craig/tabid/1607/articleID/284039/Default.aspxlast_img

first_img FacebookTwitterWhatsAppEmail分享 They claim that the player has had no contact with his team-mates since picking up the illness. Coronavirus which has now been nicknamed Covid-19 has continued to spread worldwide forcing cancellation/postponement of champions and tournaments ubers-left-plays-for-Hannover-96-and-is-understood-to-have-picked-up-the-virus-on-Saturday.jpg Today’s Manchester City’s Premier League match with Arsenal has been postponed as a “precautionary measure” and several Gunners players are in self-isolation after Olympiakos owner Evangelos Marinakis contracted coronavirus. Arsenal say Marinakis, 52, met a number of their players when the Gunners hosted the Greek side in a Europa League match two weeks ago. Read AlsoCoronavirus fear: Nigeria may drop Aina, Ekong if……. Marinakis who also owns Championship side Nottingham Forest said on Tuesday he had tested positive for Covid-19. Olympiakos will host Wolves in the Europa League on Thursday after Uefa rejected Wolves’ request for the last-16 first-leg match to be postponed. Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable WayBirds Enjoy Living In A Gallery Space Created For ThemThe Highest Paid Football Players In The WorldThe Adorable Model For Simba In The Lion King RemakeThese TV Characters Left The Show And It Just Got Better7 Universities In The World With The Highest Market ValuePlaying Games For Hours Can Do This To Your Body7 Universities In The World Where Education Costs Too MuchEvery Movie Starring Sylvester Stallone From Best To WorstA Hurricane Can Be As Powerful As 10 Atomic Bombs6 Interesting Ways To Make Money With A Drone5 Of The World’s Most Unique Theme Parks A German second division footballer has tested positive for the virus. Hannover say their defender Timo Hubers, 23, is in quarantine at home while the rest of the playing staff will be tested. Gerhard Zuber, sporting director of Hannover 96 said: ‘Timo behaved in an exemplary manne ‘He shows no symptoms himself. So far, when he found out that a person who had been with him at the event was tested positively, he reported directly to the doctor and temporarily went into quarantine at home. ‘ The entire squad, coaching team and staff are being tested for the virus as a precaution. Media appointments have been cancelled and training will take place behind closed doors but Hannover’s clash with Dynamo Dresden on Sunday will however still go ahead.. According to the club’s website, it is assumed that Hubers picked up coronavirus at an event on Saturday evening.Advertisement Loading… last_img read more

first_img O’Connell said: “That’s my third treble but my first as a fully-fledged professional which is great. My previous two trebles were as a 7lb claimer at Ballinrobe and Downpatrick.” “Coming here today I’d have been happy if one or two had been placed never mind having a winner and it’s fantastic to ride a treble.” He added of the Jimmy Finn-trained Molinero, who was winning for the first time on his 42nd start: “It wasn’t the plan to make the running but he popped out, jumped well and travelled well.” It was a double for Finn, who was also responsible for Coldstonesober. On an incident-packed card, there was controversy in the opener when favourite Wilde Sapphire was left hopelessly at the start when facing the wrong direction, in a race eventually won by Kalaroa. The stewards inquired into matters for an hour and while allowing the result to stand, they did refer the matter on to the Turf Club for further investigation. Paddy Power refunded bets on Wilde Sapphire. The well-related Billybuster secured a first career win for both himself and trainer-owner-breeder William Delahunty in the Like Tramore Racecourse On Facebook Handicap Hurdle. As a half-brother to brilliant Nicky Richards-trained grey Monet’s Garden, it is a little disappointing Billybuster failed to get his head in front in his first 17 career starts, finishing placed on just two occasions. However, he ran a career-best when narrowly beaten at Gowran Park last week and was the 13-8 favourite for his latest assignment, partnered by Andrew McNamara. Soon bowling along merrily at the head of affairs, Billybuster pulled right away between the final two flights and safely negotiated the last to seal a 10-length win over Famous Ballerina. Delahunty sold Monet’s Garden to Richards as a three-year-old and bred another horse of note in Strong Resolve, whose career earnings came to more than £100,000. The County Kilkenny-based trainer said: “I have had my licence about five years and have four horses at the moment. “Hen well at Gowran the last day and I knew he was in good form today. He’s bred to jump, is a half-brother to Monet’s Garden and he’ll jump a fence, too. “He’s entered at Fairyhouse on Saturday, but I doubt he’ll go there.” Riding honours undoubtedly went to Eddie O’Connell, who bagged a superb 1,364-1 treble courtesy of The Bold Beckey (20-1), Coldstonesober (4-1) and Molinero (12-1). The last-named prevailed in a dramatic race for the Tramore Racecourse Supporters Club Handicap Chase. The two-mile-six-furlong event saw a number of fallers and a potentially very nasty incident narrowly averted as a track worker was forced to dive through the running rail to avoid the field. Press Associationlast_img read more

first_imgDidier Drogba will begin his second spell at Chelsea next season after agreeing a one-year deal with Jose Mourinho’s side. “Everyone knows the special relationship I have with this club and it has always felt like home to me.” Drogba became a free agent upon leaving Galatasaray at the end of last season so there is no transfer fee involved in the deal. The Ivorian marksman was named Chelsea’s greatest ever player in a poll of fans in 2012 after scoring 157 goals in 341 appearances. His last act in a Blues shirt before leaving for China was to rifle home the winning penalty in the shoot-out against Bayern Munich that seized the London club’s first Champions League crown. “My desire to win is still the same and I look forward to the opportunity to help this team,” Drogba said. “I’m excited for this next chapter of my career.” Mourinho, who originally lured Drogba to Chelsea for £24million in 2004, insists the decision to re-sign the club’s fourth highest scorer of all time was not clouded by sentimentality. “Didier’s coming because he’s one of the best strikers in Europe,” Mourinho said. The 36-year-old striker and Blues favourite returns to Stamford Bridge after leaving in 2012 for stints at Shanghai Shenhua and Galatasaray. “It was an easy decision – I couldn’t turn down the opportunity to work with Jose again,” Drogba said. “I know his personality very well and I know if he comes back he’s not protected by history or what he’s done for this club previously. “He is coming with the mentality to make more history.” It was Drogba’s equalising header that took the 2012 Champions League final into extra time and his 34 goals in European competition are a Chelsea record, as are the nine strikes in nine cup finals. The first spell at Stamford Bridge, spanning eight years, produced three Barclays Premier League titles, four FA Cups, two League Cups and the prized victory over Bayern Munich. Drogba’s spell in Chinese football failed to last one of the two-and-a-half-year deal amid allegations of unpaid wages, but he enjoyed greater success at Galatasaray, winning the 2012-13 Turkish league title. At Chelsea he joins a crop of strikers including new signing Diego Costa as well as Romelu Lukaku and Victor Moses, who both spent last season out on loan. Samuel Eto’o and Demba Ba have already departed the club this summer. Press Associationlast_img read more

first_img Latest Posts EHS names new boys’ soccer coach – July 13, 2016 SURRY — Norma Preston remembers the first National Football League game she ever attended nearly six decades ago.The 17-year-old high school cheerleader sat with her father among mostly empty seats at Fenway Park. Players clad in Kelly green and gold jerseys comprised the little-known pro football team that preceded the New England Patriots. They were called the Boston Yanks.The Massachusetts native married and moved around the country 13 times for her husband’s career. With every new city, Preston adopted each local NFL team as her own.This is placeholder textThis is placeholder textNow, at age 86, the mother of four and grandmother of 13 spends her Sundays in her Surry home flipping between football games. A devoted Patriots fan and a Fantasy Football expert, Preston defies stereotypes deeply rooted in sports culture regarding women and football.“I don’t know how many women older than me are playing Fantasy Football,” Preston muses. “I don’t think many women have a history like mine.”She reminisces about the era in which she grew up. Women donned stylish gloves year-round, men sported felt hats in the winter, and football players wore hard leather helmets lacking face masks.Arbitrary rules dictated fashion, and traditional ideology perpetuated gender roles, even in sports.“I came from a generation where I didn’t know many women interested in football,” Preston says. “I’d say I’ve always been a little unique.”Preston’s fascination with the sport began as a senior at Peabody High School in Peabody, Mass.She marched onto the field as head cheerleader before football games, leading her squad and the band onto their home turf encased in packed bleachers.The Peabody Tanners won the Class A State Football Championship that year. As a reward, the city funded a weekend trip to New York City for the players, band and cheerleaders, including Preston.“I was hooked on that team,” she says.And she forever remained hooked on the sport.Find in-depth coverage of local news in The Ellsworth American. Subscribe digitally or in print. Taylor VorthermsSports Editor at The Ellsworth AmericanTaylor Vortherms covers sports in Hancock County. The St. Louis, Missouri native recently graduated from the Missouri School of Journalism and joined The Ellsworth American in 2013. Latest posts by Taylor Vortherms (see all)center_img Part 2: When the injury is inside your head, some “don’t get it” – July 26, 2016 Part 1: Invisible, incapacitating concussions are sidelining high school athletes – July 19, 2016 Biolast_img read more

first_imgOur Sports ReporterGUWAHATI: The next preparatory camp for the Indian probable for U-17 Women World cup will likely to be held in Goa. However the All India Football Federation (AIFF) is waiting for the further directives from the Ministry of Youth Affair of Sports before the date of the camp is finalized. U-17 Women World Cup, which was supposed to be held in November, was postponed because of COVID-19 pandemic. FIFA recently announced fresh date of the competition and will now start from February 17. The final is slated for March 7. Guwahati along with four other cities will host the matches. A source from the Assam Football Association, who is also closed to the All India Football Federation, said that a detail discussion on the preparation of the national team for the competition was held in the AIFF Women’s Committee meeting through video conference today. The top officials of the AIFF informed the meeting that though due to lockdown the players are now at their home but Federation is in touch with the probable of the U-17 world Cup team. The technical staffs are conducting online fitness sessions, and even theoretical ones. All of the players have been provided individual schedules and are being monitored regularly. The source added: ‘Still eight months are left before the tournament begins and we are capable to complete our entire preparation before February. We will begin the remaining part of the preparation immediately once we receive green signal from the State Government.’ It may be mentioned here that Guwahati will host the opening match of the championship on February 17, 2021.last_img read more

first_img… Tournament bowls off April 20 in St VincentST JOHN’S, Antigua (CMC) – Title-holders Trinidad and Tobago will meet arch-rivals Barbados in the opening game of this month’s Women’s Regional Super50, in a tournament designed to further strengthen the West Indies Women’s squad for their campaign in the ICC World Cup in June.Selectors will be using the April 20-30 showpiece in St Vincent to identify possible new talent which can supplement the existing West Indies squad for the June 24 to July 23 50-overs tournament in England.Josina Luke, the WICB project officer for women’s cricket, underscored the importance of the Regional Super50 to the selection of the West Indies World Cup squad.“Having reached the final of the last ICC Women’s World Cup and following up by winning the World T20 title, a lot is expected of our women’s team at this year’s World Cup in England, so we’ve got to have the right combination of players that will give us a strong side that will be tough to beat,” Luke said.“The success of our women’s team over the last few years should hopefully burn on the inside of the players during the regional tournament, inspire all of them and make them hungry to be a part of another successful campaign on the World stage, when they see the excitement and benefits that were generated, especially after our team won the World T20 title.”She added: “They should all be eager to play well and the players should see this upcoming regional tournament as an opportunity to get into the selection frame.No one is ever guaranteed a spot in any squad, so it’s about the players putting in the hard work as they prepare for the tournament over the new few weeks and doing it on the field when the time comes.”All of the West Indies Women’s stars will be on show as the likes of batting stars Stafanie Taylor of Jamaica, Deandra Dottin of Barbados and Merissa Aguilleira of Trinidad and Tobago suit up for their respective sides.T&T, who be led by Aguilleira, clash with Barbados at Sion Hill in the opening round, with Jamaica meeting Leeward Islands at Park Hill and Windward Islands taking on Guyana at the Arnos Vale Sports Complex.Each team will play the other once in a five-round round-robin format, with the top two teams advancing to the final.Last year’s tournament in Guyana was wrecked by rain.ItineraryThursday, April 20Barbados vs Trinidad & Tobago – Sion HillLeeward Islands vs Jamaica – Park HillWindward Islands vs Guyana – Arnos Vale Sports ComplexSaturday, April 22Windward Islands vs Leeward Islands – Park HillTrinidad & Tobago vs Guyana – Sion HillJamaica vs Barbados – Arnos Vale Sports ComplexMonday, April 24Guyana vs Barbados – Park HillJamaica vs Windward Islands – Sion HillLeeward Island vs Trinidad & Tobago – Arnos Vale Sports ComplexWednesday, April 26Guyana vs Leeward Islands – Sion HillBarbados vs Windward Islands – Arnos Vale Sports ComplexTrinidad & Tobago vs Jamaica – Park HillFriday, April 28Windward Islands vs Trinidad & Tobago – Arnos Vale Sports ComplexBarbados vs Leeward Islands – Sion HillGuyana vs Jamaica – Park HillSunday, April 30The Final – Arnos Vale Sports Complexlast_img read more