Category: nnaoohmv

Trade body takes pension policy ‘wish list’ to Dutch coalition partners

first_imgThe Pensions Federation explained that mandatory participation was crucial for sharing risks, would enable pension funds to invest for the long term, and would prevent marketing costs as a result of competition between schemes.The Federation’s letter comes in the wake of the collapse of coalition talks between the liberal party VVD, the Christian Democrats (CDA), the liberal democratic D66 party, and the left-wing Green party GroenLinks.Elsewhere on its wish list, the industry organisation said it only supported a one-off payment at retirement date as an additional choice for participants. Deploying pension assets during the accrual phase for paying off a mortgage would be undesirable, it said.The Pension Federation advocated a new “entry mechanism” for self-employed workers, who lack automatic access to pension saving in the second pillar.It also urged the new government to provide clarity on the legal feasibility of an average contribution combined with gradually-decreasing pensions accrual. The Federation said its own research suggested that this would be difficult.The lobbying organisation also asked the government to create a merger option for mandatory sector schemes and limit pension funds’ VAT burden and supervisory costs.It reiterated that a new pensions system can’t be introduced in a “big bang” and that every pension fund would need a tailor-made transition.Last week, Gerard Riemen, the federation’s director, said that it was unlikely that a new pensions system could be established before 2020, adding that the whole implementation could take up to 10 years. The Netherlands’ new coalition government should keep mandatory participation in industry-wide pension funds, the Dutch Pensions Federation has argued.In a “wish list” to parliament, the pension fund trade body also urged politicians not to further reduce tax benefits during pensions accrual.The Federation said further fiscal limitation would mean a “false start” for a new pensions system, and would erode faith in both the system and the reforms.Currently, scheme members can accrue 1.875% of annual salaries into their pension tax-free, down from 2.25%.last_img read more

Peru ships three more LNG cargoes to Spain

first_imgImage courtesy of Peru LNGPeru’s only liquefaction facility at Pampa Melchorita shipped three cargoes to Spain in the last two weeks. According to the data by the state-owned Perupetro, the GasLog-owned, 155,000-cbm GasLog Shanghai was the first of the three to leave for Spain on August 16.The vessel was followed by the 138,000-cbm Golar LNG’s carrier Methane Princess on August 17.The third cargo was dispatched earlier this week, on August 22, aboard the 136,600-cbm LNG carrier Galea.With the three latest cargoes Peruvian facility has shipped a total of six vessels during the month of August, five of which headed to Spain and one to Mexico.In total, the export plant shipped 415 cargoes since it started operations in June 2010.The 4.45 million tons per year gas liquefaction plant is located 170 kilometers south of Lima and receives gas via a 408-kilometer pipeline built across the Andes. LNG World News Stafflast_img read more

Business Owner Helps Police Find Stolen Property

first_imgUpdate (4:12 p.m.)The three suspects were not arrested. According to the Ripley County Sheriff’s Office, charges are pending review by the prosecutors office.The incident remains under investigation.First Report (10:14 a.m.)Authorities say the watchful eye of a business owner led them to solving a theft in Versailles.Ripley County Communications received a call Tuesday morning from Steve Arney, owner of Versailles Dunbrik. He told dispatchers he was following a vehicle that he believed had stolen property from his business at 3484 S. U.S. 421.Arney remained on the call following the vehicle until law enforcement was able to intervene. A deputy stopped the suspect vehicle driven by Jacob Street, 26, of Moores Hill.Two passengers were in the car, Noah Davidson, 28, and Samantha Combs, 24, both of Milan.During the traffic stop deputies found metal they believe was stolen from the business. The metal was returned to the business.last_img read more

ISP: Protective vest saved officer’s life

first_imgNew Castle, In. — A protective vest saved the life of New Castle police officer over the weekend.A report from the Indiana State Police says officers were investigating a report of a man breaking into cars in the area of “K” Avenue and Columbus Street Sunday morning around 4:15 when Jarred Burke, 24, fled on a bicycle.A police canine officer was able to apprehend Burke behind a church in the 1700 block of Columbus Street. As officers approached to call the dog Burke pulled out a handgun and fired a single shot striking one of the officers in the chest. The officer returned fire striking Burke.Burke and the officer were taken to Henry Community Health Hospital where Burke later died. The officer was treated and is expected to make a full recovery. Initial reports credit the protective vest with saving the life of the officer.The incident remains under investigation.last_img read more

Juventus star agrees Barcelona switch

first_imgMiralem Pjanic is on the verge of joining Barcelona this summer, with reports that the midfielder has agreed to leave Juventus to move to Spain. Barca have been keen to sign the midfielder in the past, and have reportedly failed on three occasions to sign the Bosnian, but now look to have got their man. Pjanic could soon be on his way to Spain According to Italian outlet Gazzetta dello Sport, the midfielder has agreed to leave Italy for Nou Camp and the move is now dependant on Barcelona midfielder Arthur agreeing to move in the opposite direction. The Brazilian is wanted by Juventus and each club value their midfielder at 60 million euros so the swap makes a lot of sense but so far Arthur has refused to accept leaving the Spanish champions. Recently the 23-year-old reiterated his desire to stay, saying, “There are always speculations but honestly my idea is very clear. The only option that interests me is to continue in Barcelona . I am very safe and calm. I feel very good here and I also thank the club and the coaching staff for their trust. This is another reason to be totally clear that my only wish is to continue. “The supposed interest of big clubs is always a compliment to anyone and a positive sign but my mind is only playing here for many years.” Promoted Content6 Extreme Facts About HurricanesWhy Do So Many Digital Assistants Have Feminine Names & Voices?Underappreciated Movies You Missed In 201914 Hilarious Comics Made By Women You Need To Follow Right NowA Hurricane Can Be As Powerful As 10 Atomic BombsBest & Worst Celebrity Endorsed Games Ever MadeBirds Enjoy Living In A Gallery Space Created For ThemPlaying Games For Hours Can Do This To Your Body20 “The Big Bang Theory” Moments Only A Few Fans Knew AboutThe Highest Paid Football Players In The World10 Risky Jobs Some Women DoWhat Is A Black Hole In Simple Terms? Loading… center_img Mundo Deportivo claimed last month that Barca had tried three times in the past to sign the former Lyon midfielder and Arthur was one of the signings they made when failing to sign him on one of those occasions. Should the former Gremio man not agree to move then both Ivan Rakitic and Arturo Vidal could be used as part of the deal going the other way. One negative for Quique Setién’s side is that it would increase the age of the squad, something the club have been trying to reverse in recent years. Lautaro Martinez has also been linked with Barcelona Read Also: Boxing: Legendary heavyweight hints at comeback The Catalan giants, who currently lead La Liga from rivals Real Madrid, are also believed to be on the verge of agreeing a move for highly rated Inter forward Lautaro Martinez. Once again those reports have claimed that the move will involve players going in the opposite direction, which could happen more and more often considering the financial issues that clubs could face after the Coronavirus pandemic. FacebookTwitterWhatsAppEmail分享 last_img read more

Merger creates largest community bank in region

first_imgBrookville, IN—Two community banks in southeast Indiana are joining forces. The parents of FCN Bank N.A. in Brookville and Dearborn Savings Bank in Lawrenceburg have signed a merger agreement which they say will create the largest community bank headquartered in the region.Financial terms of the deal are not being disclosed, however, the merger is expected to close in the first quarter of 2020. As part of the deal, Dearborn Savings Bank will merge with and into FCN Bank. Two directors of Dearborn Savings Bank will also be appointed to FCN’s board of directors.“Today as community banks face ever-increasing challenges to remain independent, it is exciting to see our institutions combine to face these challenges together,” Thomas Horninger, chief executive officer of FCN Banc Corp., said in a news release. “There is such a commonality between FCN and Dearborn Savings Bank in our cultures, and our commitments to serve our customers and communities. We look forward to working together to continue this legacy as the premier community bank in the region.”FCN Banc Corp. is the parent of FCN Bank and DSA Financial Corp. is the parent of Dearborn Savings Bank.last_img read more

COLUMN: College football is one wild ride

first_imgA month into the college football season, and as always, it is predictably unpredictable. Since USC had a bye this week, it offered the perfect opportunity to check in on the rest of the college football landscape.In what was an exciting and eventful day, Saturday’s games made it pretty clear that the race to the college football playoff is a wide open affair.Though USC certainly has a long way to go, it’s comforting to know that if they can somehow play up to their immense potential they have not been eliminated from contention, not by a longshot.The Pac-12 was in flux on Saturday with another top-10 team getting knocked off, this time the UCLA Bruins by the Sun Devils. This is the same Arizona State team that the Trojans dismantled last week in Tempe. While it would be easy to use the associative law to conclude USC is superior to UCLA, the Arizona State team that came out this weekend was wildly different than the one the Trojans faced.This underscores the unpredictability of college football and especially the Pac-12. With so many talented teams, it’s hard to even take a quarter off. Keeping a group of college athletes motivated for an entire season with zero lapses is almost impossible, and that’s why it will be pretty difficult for any team in the Pac-12 to make it through undefeated or even with one loss.It’s only the beginning of October and the only two undefeated teams in the Pac-12 are Cal and Utah. No one could have seen that coming just a few weeks ago.The balance and top to bottom strength of the Pac-12 should be a respectable fact among the punditry of college football, but the bias toward the SEC is still apparent.A few weeks ago a highly ranked USC team lost to Stanford and everyone was calling the Pac-12 weak and undeserving of the hype. Though I would agree that USC as a team was a bit overrated, that same analysis seemingly did not apply to Ole Miss on Saturday. After the rebels were trounced by then 25th-ranked Florida, commentator after commentator said this spoke to the immense depth of the SEC.I can’t reconcile how USC’s close loss to Stanford makes the Pac-12 weak, but when No. 3 Ole Miss gets routed by Florida, the SEC is strong. This bias will seemingly last forever, no matter how many top 25 teams the  Pac- 12 has.The only real issue will arise come playoff time, if a one-or-two loss SEC team gets in over a team from the Pac-12 with a similar body of work.Hopefully that issue does not hurt USC, but it very well could victimize a Pac-12 team as the squads beat each other up week in and week out.In terms of the SEC though, Alabama is still king. After coming into each game favored for 73 straight matchups, the Crimson Tide were an underdog against Georgia.Nick Saban showed the country that Alabama should never be an underdog as they absolutely manhandled the Bulldogs, winning 38-10.With the exception of the Crimson Tide and the one man LSU wrecking ball, otherwise known as Leonard Fournette, the SEC is not that much more impressive than the Pac-12, nor is any other conference.Both the Big 12 and the Big 10 have some talented teams, but it appears that USC will have to face one of the toughest schedules of any top team nationally throughout the duration of the season.The Trojans admittedly have a lot to figure out at this point in the season, but if they can, there is no reason to think that they are out of contention.Hopefully this bye week reminded the team that the college football season is a wild ride, and no one knows what will happen next.If the Trojans can get past what seems like a trap game against the Huskies, they will enter the meat of their schedule ready to make a statement to the world. Or they won’t, and it will be clear that all of the preseason hype was unwarranted.Either way, it should be an interesting ride as they face off against three straight ranked opponents after the Huskies.Outside of Troy, the season will continue to have twists and turns galore, which makes every Saturday in the fall extremely enjoyable.Jake Davidson is a junior majoring in accounting. His column, “Davidson’s Direction,” runs Mondays.last_img read more

Women’s tennis learning on fly

first_imgBy far the youngest team at last weekend’s Spartan Invitational, the Wisconsin women’s tennis team hopes to continue its success at this weekend’s Wildcat Invitational hosted by Northwestern.Expectations are high for freshman standout Lauren Chypyha after she won the Draw B singles championship in what was her first collegiate tournament.“It was a good feeling,” Chypyha said of her first tournament win on the collegiate stage. “I went out there and didn’t have any expectations because I had never played anyone there before. I just gave every point my all and it turned out well for me.”The tournament proved to turn out well for almost the entire team, as four of the team’s five freshmen got their first collegiate win under their belt.The only exception came in Montclair, N.J., native Katie Hoch’s match, where she retired midway through her second match (4-6, 2-1) and ended up later withdrawing from the entire tournament. In her opening match, Hoch lost to Miami University’s Christine Guerrazzi in the Draw C singles (3-6, 6-7, 0-6).“I plan on talking with the trainers and doctors before we leave and it will be a gametime decision on whether she competes or not,” head coach Brian Fleishman said of Hoch’s status for the Wildcat Invitational.Injuries aside, the Spartan Invitational was a step in the right direction for this extremely young, but talented, Badger team.“We couldn’t be more pumped up for this weekend,” senior captain Hannah Berner said. “Each week they have so many things to look forward to because they are so young, and we use that to our advantage and see playing new teams and new players as challenges that they are all willing to rise up and meet.”“They’re almost too young to realize what they’re getting themselves into … I’m just the old lady on the team.”At 21 years young, Berner doesn’t exactly fit the standard of “old,” but she did raise a key point that could be the Badgers’ downfall this season. Berner, aside from sophomore Nova Patel, is the only non-freshman Fleishman has on his roster.“Being a senior comes with maturity and I feel like I know what it means to be a Badger and what it takes to set the right example,” said Berner, refuting the idea that having only one senior is a burden on this team. “All of the girls are buying into the system really well and by the time their senior year rolls around they are going to be perfect examples of what it means to be a Badger.”While it’s easy to look to the future with a group with as much potential as this year’s squad, the players know they must focus on the task at hand and right now that is the Wildcat Invitational.“Last weekend was an introduction to the college tennis scene,” Fleishman said. “I know the freshmen will build on their first experience and it will only get better with time. My job is to motivate each day. We play and we learn. Complacency is not what being a Badger is about; it’s about working hard every day to get better.”This week in practice the team focused on “setting up the points and then finishing.” Fleishman also emphasized “taking care of the details during a match can sometimes determine the outcome of a match” with his young roster.In order for this weekend to be a success, both Chypyha and Berner agreed that it’s a matter of tallying up victories.“We need some big wins against some [Big Ten] teams and, perhaps more importantly, we just need to perform,” Chypyha said. “If we perform the way we do in practice, the wins will take care of themselves.”Berner followed suit by proposing that a successful weekend would be one where the team picks up key wins over conference opponents.“We want to let them know that we’re here and we’re going to not only beat them this weekend, but also in the regular season,” she said.If the team can battle for wins and help each other learn along the way, they may experience more of the same success this weekend that they enjoyed last week in East Lansing.“I want to be able to inspire these girls so that in a couple of years when they’re in my shoes they can inspire the next group of freshmen because that’s what it’s all about,” Berner said. “Passing down the Badger tradition.”“When this team learns how to play for each other and take care of the details, we will be a challenging team for our opponents,” Fleishman said. “We want to make the NCAA tournament at the end of the season. As for what happens beyond this year, it will only get better.”Chypyha will face off against Northwestern’s Belinda Niu in the first round Friday, while Berner will take on Minnesota’s Tereza Brichacova.last_img read more

Djokovic, Federer Knocked out of Shanghai Masters

first_imgDjokovic sits at the top of the rankings at the moment but trails Rafa Nadal in the yearly standings and, with the Spaniard absent from Shanghai, had hoped to make up significant ground in China. “He deserved the victory,” Djokovic said. “He was the better player in the second and third sets. I started well in the first set, but I wasn’t sharp enough.“Stefanos had the high-quality tennis and he played very well after his serve,” the Serb added on the ATP Tour website.“He was backing up his serve with really good and aggressive first shots in the rally. I didn’t make him defend enough. I just gave him enough time to really dictate the play from the back of the court and he deserved to win.”Until Friday’s match, Djokovic had won 24 straight sets in Asia, a run that included last year’s Shanghai Masters and the title in Tokyo last week.Tsitsipas’ victory ensured he will make his debut at the ATP Finals in London next month.Federer followed Djokovic out of the competition by losing a dramatic last eight clash 3-6 7-6 (7-5) 3-6 to Alexander Zverev.Zverev, who has burst into life after a difficult season, missed five match points in the second set, with Federer finding some magic to recover from 40-0 at 6-5 and then saving two more match points in the tie-break.There was more drama in the deciding set, with Federer quickly going down 3-0 and then engaging in a furious dialogue with the umpire after being given a rare point penalty for a hitting a ball into the stands for a second time.Zverev managed to keep his cool and served out the victory at the second time of asking, taking his sixth match point. He will face either Matteo Berrettini or Dominic Thiem. Novak Djokovic and Roger Federer have been knocked out at the quarter-final stage of the Rolex Shanghai Masters.The world No 1 fell at the hands of Stefanos Tsitsipas, while Federer was defeated by Alexander Zverev on a dramatic day in China.The conqueror of Djokovic, Tsitsipas, has struggled in recent months but found his form to produce a superb 3-6 7-5 6-3 victory – his second career win over Djokovic. Novak-Djokoviccenter_img Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Galatasaray sack Prandelli after UCL exit

first_imgGalatasaray have dismissed former Italy World Cup coach Cesare Prandelli after a string of poor results culminating in their exit from European competition, the Dogan news agency reported on Thursday.Anderlecht beat Galatasaray 2-0 in their penultimate Champions League Group D game on Wednesday, guaranteeing that the Turkish club would finish fourth and miss out on a place in the Europa League.Prandelli’s dismissal, widely reported by Turkish media, could not immediately be confirmed.He resigned as Italy manager after they failed to get past the group stage at this year’s World Cup in Brazil.Galatasaray announced in July that Prandelli was replacing fellow Italian Roberto Mancini, who left the club after less than a season in charge.last_img read more