Category: elpzwddsx

The Pru gets behind Bars

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Hampshire, Dorset and south Wiltshire

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PREMIUMMilitary reserve looks to millennials despite criticisms

first_img#military military military-reserve-component #military-reserve-component millennials #millenials Facebook Google The Defense Ministry plans to start recruiting young people to become military reservists sometime in the middle of this year, as an implementation of the 2019 law on the management of national resources for state defense, despite criticisms.According to the law, the military reserve is a voluntary service that can be mobilized to strengthen the Indonesian Military (TNI) when it is dealing with armed threats. The law, which was enacted last September, stipulates that citizens aged between 18 and 35 years have the right to participate in the program under the condition they pass a number of tests and be on call until they are 48. They are also required to undergo basic military training for three months.The ministry is now seeking millennials aged 18 and above to enroll in the program, according to the ministry’s defense potential general director, Bondan Tiara Sofyan. It is e… LOG INDon’t have an account? Register here Topics : Linkedin Forgot Password ? Log in with your social accountlast_img read more

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EU leaders struggle for unified virus response

first_imgThey will also rubber stamp the suspension of EU deficit rules that will allow countries to spend freely to fight the virus regardless of deficits.The 27 leaders will in addition task EU officials to start work on an “exit strategy” and recovery plan to help rebuild the economy after the havoc wrought by COVID-19 and the drastic shutdown measures taken to fight it. ‘Indecently ideological’In their own call for EU solidarity, nine EU leaders ahead of the talks said any economic plan should include the launch of joint borrowing by members of the euro single currency.But that proposal was rejected behind the scenes by Germany, the Netherlands and other rich northern bloc members, who slam it as indecently “ideological” during a health crisis.France, Spain and Italy have long called for a some kind of eurobond, that is in effect joint borrowing by the 19 members of the euro single currency.They say it could serve as the bedrock of a safer and more unified European economy and would become a globally respected asset on par with the US Treasury bills.But wealthier members see the eurobond as an attempt by over-spending southerners to take advantage of cheap borrowing prices afforded Germany and other paragons of balanced budgets.Thursday’s summit will also take stock of measures taken across the bloc to promote the search for a vaccine.Europe has become the heart of the pandemic, with the death tolls in both Italy and Spain overtaking that of China, where the disease first emerged. “When Europe really needed to be there for each other, too many initially looked out for themselves,” European Commission chief Ursula von der Leyen said ahead of the talks.”When Europe really needed an ‘all for one’ spirit, too many initially gave an ‘only for me’ response,” she added, speaking at a sparsely attended session of European Parliament.The former German defense minister said Brussels was now trying to build a more singular approach and leaders will use video talks to put that into action.According to a draft statement, measures should include building an emergency stock of medical equipment and easing inter-EU border closures. EU leaders on Thursday will try to unify Europe’s scattershot response to the COVID-19 outbreak that has crippled Europe, with France and Italy calling for “corona bonds” to help jump start the economy.Hundreds of millions of EU citizens are holed up in lockdowns to help slow the pandemic that has killed more than ten thousand Europeans, mainly in Italy, Spain and France.Early on, member states privileged national responses by shutting borders, hoarding medical supplies and waving through major spending plans regardless of EU rules. Topics :last_img read more

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Classic-style sanctuary with ocean views

first_imgInside the home at 775 Esplanade St, Lota.“We were very particular with all the inclusions and little details to (stay faithful) to that Hamptons style,” Mr Lovric said. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020“A lot of people try to build this style of home but hold back on the features due to costs, but if you want to pull it off, you can’t half do it.“We’re really happy with the result. We built it for ourselves and we love everything we put into the home. We would love to stay but our circumstances have changed.” The home at 775 Esplanade St, Lota.THIS Hamptons-style builder’s home comes with high-end inclusions, dual living potential and bay views. Owners Boris and Valeria Lovric, the couple behind Lovric Projects Queensland, built the two-storey beauty at 775 Esplanade, Lota, as their dream home. A change in circumstances means the couple has decided to put the new home on the market. Mr Lovric said he and his wife chose the Hamptons look because it complemented the Queenslander style. Inside the home at 775 Esplanade St, Lota.Mr Lovric said the best thing about the home was the stunning views of Moreton Bay from the upstairs living area and deck, followed by the kitchen.Set across two levels, the hub of the home is upstairs, where the open-plan living, dining and kitchen area leads through bi-fold doors to the big deck. The kitchen has stone benchtops, custom lighting and a butler’s pantry.center_img The outdoor area at 775 Esplanade St, Lota.The master bedroom includes a walk-in robe, bay window and an ensuite with a bath and separate toilet. Downstairs, the three bedrooms have built-in robes and there is a bathroom, laundry and family room with a kitchenette that leads to a deck.Mr Lovric said the layout of the home meant it could work for all types of buyers, from couples to extended families.last_img read more

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TPR’s new DC code ‘a huge boost’ for responsible investment

first_imgThe UK’s pension regulator (TPR) has released a revised code of practice, and supporting guides, for trustees of defined contribution (DC) pension schemes, with its guidance on the consideration of environmental, social and governance (ESG) factors one of the aspects welcomed.The new code is effective as of today and is aimed at trustees of occupational trust-based schemes that offer some form of money purchase benefits. There were around 36,000 in the UK as at March 2016, including hybrid schemes, TPR noted.Andrew Warwick-Thompson, executive director for regulatory policy at the regulator, said: “Millions of people are being auto-enrolled into DC pensions, so it’s essential that schemes are being managed to a high standard. “In revising the code, we have responded to calls from the pensions industry to shorten and simplify it, with an increased focus on legislative requirements.” The release of the code comes after the regulator launched a wide-ranging consultation on trustee standards and governance, and suggested “sub-standard” pension funds should be forced to merge with others.The code sets out the standards TPR expects trustees to meet when complying with the law, with accompanying guides providing information on how these can be met in practice.The new code was put before Parliament in May after a consultation.It updates the code from 2013 to reflect recent legislation, including 2015 regulations on charges and governance for occupational pension schemes, TPR’s experience in regulating DC schemes, and evolved market practice.The code is set out in six sections, addressing areas such as scheme management skills, investment governance and “value for members”.Responsible investment organisations welcomed TPR’s comments on how ESG factors should be taken into account as part of investment governance.ESG campaign organisation ShareAction said the code and supporting guides improved guidance for trustees on ESG, while the UK Sustainable Investment and Finance Association (UKSIF) said TPR’s important clarification was a “huge boost for responsible investment in the UK”.  In the code itself, TPR states that, “when setting investment strategies, we expect trustee boards to take account of risks affecting the long-term financial sustainability of the investments”.The accompanying guide elaborates on this and other aspects of investment governance, such as fiduciary management.It summarises the Law Commission’s guidance on how trustees should consider financial and non-financial factors, and gives examples of risks that could affect DC schemes’ investments over the long term, such as those relating to climate change or “unsustainable” business practices.In this guide, TPR states: “You should bear in mind that most investments in DC schemes are long term and are therefore exposed to the longer-term financial risks.”UKSIF said the regulator’s guidance “represents the first time the Law Commission’s review has been reflected in regulation or legislation since it was published in 2014”.In November last year, the UK government decided against changing the law on trustees’ fiduciary duties following the Law Commission’s suggestions the year before.Rachel Howarth, policy officer at ShareAction, said TPR’s decision to include the guidance was “extremely encouraging”.“The guidance for pension trustees is clear,” she added. “They have a mandate to consider all risks that could affect the financial performance of their funds, and this includes ESG risks.”Care urged on fiduciary managementOther industry experts highlighted the importance the updated code places on investment governance and administration, or seeking legal advice, particularly in investment matters.Rona Train, partner at Hyman Robertson, drew attention to the regulator’s guidance on fiduciary management, saying it suggested it was “keen to head off similar issues in the DC world to those we have seen in DB”, where many trustees have appointed their existing investment consultant as the fiduciary manager without considering other providers.In its guide supporting the section in the code on investment governance, the regulator said: “Note that the skills a successful investment consultant needs are not exactly the same as those a successful fiduciary manager needs.”It also flagged the potential for conflicts of interest of the various parties involved in choosing a fiduciary manager, including the existing investment consultant and third-party advisers.Hymans Robertson commented on the regulator’s guidance on trustees’ legal requirement to assess “value for members”, arguing that wider industry comparisons were needed to help them do this effectively.Train noted that TPR had called on large schemes to “use information-sharing through their consultants and professional trustees as one way of assessing value”.,WebsitesWe are not responsible for the content of external sitesLink to TPR 2015 code of practice for occupational trust-based DC 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Byron to recomplete SM 71 well in last week of September

first_imgF1 well shut-inLast week the operator shut in the SM 71 F1 well due to platform maintenance. According to Otto, this is the first time either well has been shut in since mid-May.During the shut-in of the F1 well there was an almost immediate increase in the calculated reservoir pressure at the F3 well which provided further evidence that the two wells were connected.Otto said that the routine reservoir management includes further downhole pressure work on both the F1 and F3 wells in November 2018. The goal of the maintenance work is to maximize the ultimate recovery from the reservoir and to optimize the production optimization process. Oil and gas company Byron Energy will recomplete the F2 well on its Gulf of Mexico South Marsh Island Block 71 (SM 71) project in the last week of September.Byron, through its wholly-owned subsidiary Byron Energy Inc., is the operator of SM 71, located in the U.S. Gulf of Mexico, and holds a 50% working interest in SM 71. Otto Energy holds the remaining interest in SM 71.Otto said on Wednesday that a lift boat was scheduled to arrive at the SM 71 production facility in the last week of September to undertake the recompletion work, subject to final permit approval and weather.The well will be recompleted from the B65 Sand to the B55 Sand and, according to the company, the estimated cost for the recompletion is approximately $1.1 million and will take three weeks. SM 71 field development “an outstanding” successOtto said that 641,773 barrels of oil and 556 million cubic feet of gas, on a gross basis, and zero formation water have been produced from the three wells on the SM 71 F Platform since oil and gas production began in March 2018.“The SM 71 field development has been an outstanding success and represents the cornerstone of Otto’s interests in the Gulf of Mexico,” the company added.The company added that, after SM 71 has produced a significant volume of oil and gas from the D5 reservoir and consequently a large volume of associated data collected, the joint venture was starting to understand some of the more subtle characteristics of the reservoir.As of September 19, the current field sales rate has stabilized at approximately 3,600 bopd and 6.0 mmcfgpd on a gross basis after shrinkage at the sales meter.Over the last couple of weeks, the gas has slowly increased due to preferential flow and the oil has decreased to the stabilised rates report above. Daily hydrocarbon production has lowered the reservoir pressure below the bubble point which is consistent with the original assumption that the D5 reservoir is a combination gas expansion/water drive reservoir.last_img read more

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Introductory Workshop on Health Disaster Management underway

first_imgLocalNews Introductory Workshop on Health Disaster Management underway by: – May 16, 2011 22 Views   no discussions Sharing is caring! Tweet Sharecenter_img Photo credit: zimbio.comA total of thirty participants including representatives from various categories of health care workers with disaster preparedness, response and mitigation responsibilities – health promotion, epidemiology, environmental health, health systems management/coordination, primary and secondary care officials were today engaged in a two day workshop on health disaster managementThe goal of the workshop is to enhance participants’ capacity to design and implement disaster reduction activities in the health sector to reduce the consequences of disasters.Specific objectives are to introduce participants to concepts, procedures, methodologies, tools and strategies involved in health disaster management, introduce participants to the concept of risk scenarios and upgrade and advance technical knowledge about the consequences of hazards to populations’ health and health institutions.It is also geared at identifying and discussing the needs and priorities for health disaster management in Dominica towards development of a Health Sector Disaster Plan and identifying key stakeholders in Dominica and their role in health disaster risk management.Dominica Vibes News Share Sharelast_img read more

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ETC officials report payment scam

first_imgGreensburg, In. — Officials from Enhanced Telecommunications Corporation are warning customers about a recent scam attempt.Scammers contacted a customer, with their account number, about an outstanding bill. Because the call seemed legitimate the customer provided payment information to the scammer.Officials say if you are contacted by someone from ETC verify their identity before providing any information. Call your local ETC office or even stop in.A link to full scam alert is here.last_img

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Sherwood: I’m ready for another job

first_img He told ITV4: “I really enjoyed it and I can’t wait to get back in. P erversely I like doing it – to want to do that job you must be crazy. “But I knew what I was going into. There’s a lot of tension and pressure occupies your mind totally. I was waking up in the night thinking of teams, who you should play. “It was a massive learning curve, my first opportunity to manage. “I’ve seen wins, defeats and draws and I’ve seen a few tantrums – and the sack, which I didn’t want to see. Would I do anything different? Probably not.” Sherwood led Spurs to a sixth-placed finish and qualifying for next season’s Europa League – how ever, speculation had surrounded his future in the role for several weeks. On Wednesday’s decision, he added: “P ut it this way, I didn’t fall off my chair when they told me. Obviously I was disappointed to lose my job.” Press Association Tim Sherwood is already looking forward to his next management job, insisting he would not have done things any differently at Tottenham.center_img The 45-year-old left White Hart Lane on Tuesday, less than six months after he replaced Andre Villas-Boas in the dugout. However, the experience has not put him off taking another position. last_img read more

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