EIOPA to gather pension scheme data through local supervisors

first_imgGabriel Bernardino, EIOPA chairmanGerman pension fund representatives have also weighed in against the data collection plans.However, an EIOPA spokeswoman said that this was not the plan, pointing out that the title of the consultation had already made clear “that it was about requests aimed at the local authorities”.“This is our normal route that we also follow for stress tests,” she said. She suggested that if the local supervisor already had the data available, EIOPA’s information request wouldn’t cause an additional burden.Bernardino said that the aim was to relieve the burden on pension funds through a single reporting mechanism, and claimed the idea had led to many positive responses.EIOPA argued that it was entitled to request the desired data, stating: “We need this in order to do our job.”The consultation about EIOPA’s plan was completed in October and a decision is expected at year-end or early next year.This article has been updated to clarify the EIOPA’s spokeswoman’s quote. His plan has already caused worries about additional costs among pension funds in both the UK and the Netherlands, with the Dutch Pensions Federation emphasising that EIOPA should not directly approach pension funds. European pensions supervisor EIOPA will stick to its plan to mine data about individual pension funds, but will do so through local regulators.Speaking at EIOPA’s congress in Frankfurt, chairman Gabriel Bernardino said that the supervisor urgently needed the same data from the pensions sector as it had already gathered from the insurance industry.It wants to reach its goal through standardising the data supply process, getting the information on a quarterly basis about pension funds with more than €1bn of assets.“We need the data to enable us to analyse the risks in the market,” said Bernardino, who insisted that this was a “proportional” measure.last_img read more

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Gold Coast’s weird and wonderful street names could be affecting property prices

first_imgCurrently Goldmine Rd, Ormeau, is living up to its name with a rush of property on the market. There are a whopping 38 properties, mainly new builds or vacant lots, listed for sale along the road in The Woods estate, according to CoreLogic data. Some Gold Coast properties have lovely street names such as 1 Brilliant Lane, Coomera Waters.Others aren’t so lucky. Would a wacky streen name put you off buying a home at that address? The Gold Coast has a long list of weird and wonderful street names, some lovely and ambitious others just bizarre. MORE NEWS: Qld’s Liberal seats most popular for property: realestate.com.au More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThere has been a rush of properties hit the market on Goldmine Rd, Ormeau. If McWang Rd, Pimpama, sounds like home then No. 11 might be for you. From Gross Rd in Norwell, McWang Rd, Pimpama, Bent St, Nerang, and Ragamuffin Drive, Coomera, to Friske Place in Palm Beach, some of the Coast’s addresses aren’t so desirable. On the other hand some homes boast an address that seems worthy of a golden road, including Brilliant Lane and Fortune St in Coomera and Haven Court, Maudsland. MORE NEWS: Mega mansion relisted with price hike 29 Haven Court, Maudsland, seems to live up to its street’s name. However, a funny street name could mean more than being the butt of people’s jokes, according to Real Estate Institute of Queensland Gold Coast zone chairman Andrew Henderson.“Apparently, the name of your street can affect your property’s value significantly,” he said. “Last year a group of Geelong students, working with the Australian Bureau of Statistics, the University of Sydney and a Melbourne real estate agent, released the results of study into street names and prices over a period of 47 years.“The study found that property prices in streets with silly names were up to 20 per cent lower than homes in surrounding streets.“So it appears, at least when it comes to real estate, Shakespeare got it wrong — a rose, by any other name, does not necessarily smell as sweet.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59last_img read more

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Eleanor Evans Gray

first_imgEleanor Evans Gray, age 91, of Salem, Indiana, formerly of Carmel and Indianapolis, Indiana, entered this life on April 13, 1927, in Brooksburg, Indiana. She was the loving daughter of the late, James Russel and Marie (Vaughn) Evans. She was raised in the Brooksburg, Indiana area and was a 1945 graduate of the Madison High School. Eleanor was a former secretary in the regional office for the VA Hospital in Indianapolis, Indiana, retiring in 1981, after several years of service. She was a former travel agent for Passports International for three years. Eleanor was an avid fan of the Indianapolis 500. A special thanks and appreciation to Eleanor’s caregivers at Meadow View Health & Rehabilitation who lovingly cared for her for the past several years. Eleanor passed away at 9:12 a.m., Friday, December 21, 2018, at the Meadow View Health and Rehabilitation in Salem, Indiana.Eleanor is surived by her nephew, John David Todd and his wife, Lynn of Madison, Indiana; her nieces, Joan Peters and her husband, Charles of Frankfort, Kentucky and Brenda Smith of SC and her great-niece and great-nephews.She was preceded in death by her parents, James Russel and Marie (Vaughn) Evans; her sisters, Roberta Smith and Rosemary Todd and her nephews, Carroll Troyce “CT” Todd and Bruce Smith.Graveside Services will be held at a later date in the convenience of the family in the Brooksburg Cemetery in Brooksburg, Indiana.In lieu of flowers, memorial contributions may be made to the donor’s favorite charity. Cards are available at the funeral home or online at www.haskellandmorrison.comlast_img read more

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Pellegrini cryptic over Hart

first_img Pellegrini was again questioned about the matter as he met with the media to preview this weekend’s Barclays Premier League clash with Tottenham. Hart was dropped earlier this month after a spell of inconsistent form but impressed on international duty by making a number of good saves in England’s friendly loss to Germany on Tuesday. City will also be without inspirational captain Vincent Kompany again this weekend. The Belgium defender has been out since suffering a thigh injury in the victory over Everton on October 5. Pellegrini had hoped he might be fit to face Spurs at the Etihad Stadium but there remains no certainty as to when the 27-year-old will return. Pellegrini said: “Vincent is still working, recovering from his last injury. Maybe the next week he will work with the whole team.” Playmaker David Silva and striker Stevan Jovetic remain on the injury list but all players away on international duty over the past fortnight have returned unscathed. Pellegrini said: “The players that played with their national squads have come back with no problems.” Press Association That performance caught Pellegrini’s eye but the Chilean has consistently fended off questions about his own team. He said: “I don’t know. We will see tomorrow the starting 11. “It was very important for him to play with England. It was an important game for England against Germany, it is a good test. “I think he did very well.” Costel Pantilimon has played in the club’s last two Barclays Premier League games during a run of four successive appearances in all competitions. Pellegrini recently said he believes Hart will benefit from a spell out of the side. When asked to explain his reason for that, the 60-year-old said: “He played the last two and a half years all the games in the Premier League. “All the players are human and can have a bad moment.” Manchester City boss Manuel Pellegrini continues to offer no guarantees that goalkeeper Joe Hart will return to his side in the near future.last_img read more

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Portrush set to host 2019 Open

first_img “Discussions have been positive but we are still some distance from being in a position to take The Open to Northern Ireland.” However, it is understood an announcement is expected to be made shortly, possibly on Monday to coincide with the first day of the Amateur Championship which is being staged at Portrush and Portstewart. The R&A denied reports last summer that the Open was set to be held at Portrush in 2018. R&A chief executive Peter Dawson admitted that it is “a fantastic golf course,” but concerns remained over the infrastructure required to stage a major and Dawson feels the current nine-course Open rota is “about right.” Portrush has not hosted a major championship since the 1951 Open, but the Irish Open drew massive crowds there in 2012 and the likes of major champions Rory McIlroy, Darren Clarke and Graeme McDowell have been lobbying on Portrush’s behalf. It has also been suggested that the R&A would hasten their decision after Portrush emerged as a surprise contender to stage the US PGA Championship. The PGA of America is studying the impact of holding the event outside the United States, with the earliest possible date in 2020. It had been thought that Asia would be the most likely venue, but PGA of America president Ted Bishop said in November last year that he was interested in Portrush. Portrush native McDowell, whose brother works at the club, said at the time: “It’s always been a dream of mine to play the Open there but the US PGA would do nicely. “It’s very bizarre and an amazing statement. I couldn’t believe it and read it three times. I had heard the US PGA was looking at going global, which is a very positive step forward, but I was expecting Asia, not the north coast of Ireland. “Even if it never comes to fruition it’s a great boost to be mentioned in that breath. My brother Gary is on the greenkeeping staff there and he will have a spring in his step.” A month after insisting it remained “some distance” from being able to stage the Open in Northern Ireland for the first time since 1951, the R&A is set to announce Royal Portrush will host the championship in 2019. Press Associationcenter_img Rumours of the Open returning to Portrush have been circulating for some time, with reports on May 11 claiming a deal had been done for 2019, 68 years after Max Faulkner won the only Open staged outside England and Scotland. The R&A’s initial response on Twitter labelled such reports as “Portrush rumours” and a statement issued later read: “As part of our commitment to examine the feasibility of staging an Open Championship at Portrush, The R&A continues to discuss this at a conceptual level with Royal Portrush Golf Club and the Northern Ireland Executive. last_img read more

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Disney Springs to Begin Phased Reopening Starting May 20

first_imgDisney announced Thursday that it plans to begin a phased reopening of Disney Springs later this month.The phased reopening is scheduled to begin on May 20. However, other areas of Walt Disney World Resort, including theme parks and Disney hotels, will remain closed for now.In a notice posted on the Disney Springs website, the company said that upon reopening, theme parks, hotels, restaurants, attractions, experiences and other offerings may be modified and will be limited in capacity.They could also be subject to limited availability or closure, based on direction from health experts and government officials, in order to promote physical distancing.Today, we’re serving up the recipe for the popular Mickey Mouse Beignets from New Orleans Square at @Disneyland and Disney’s Port Orleans Resort – French Quarter at @WaltDisneyWorld. https://t.co/WvR17XBPaM #DisneyMagicMoments pic.twitter.com/bFXrxf1mH7— Disney Springs (@DisneySprings) April 24, 2020 Dr. Pamela Hymel, Disney’s Chief Medical Officer, said the company is working to manage guest density and social distancing at all facilities, as well as with queues and ride vehicles.Virtual queues through the app may also be in the works for Disney World and Disneyland.Disney Springs, which was previously known as Downtown Disney, is a shopping and entertainment center adjacent to Disney’s Florida resorts and theme park.The complex has been closed since March 17 in an effort to stop the spread of the coronavirus.last_img read more

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‘Don’t be caught with your hands in the cookie jar’

first_imgFIFA president intolerant on corruption, theftPRESIDENT of FIFA, Gianni Infantino, is making it clear, that while under his tenure at the helm of the world’s most popular sport (football) the international body has significantly increased funding for their member association, there’s zero tolerance for corruption and misuse of funds.To put things simply, Infantino is stating ‘don’t be caught with your hands in the cookie jar’!“We were investing. FIFA was investing or distributing to its associations in the CONCACAF region, US$19M every year until 2015. As of my election last year we increased the amount from US$19M to US$60M; more than triple that investment,” said Infantino while addressing members of the media at the Pegasus Hotel in Georgetown.The Italian further added that “we (FIFA) don’t call it distribution we call it investment to complete projects and this is the difference, from now compared to the past we as a team are much more present. We are there, we are working together, not to police, but to cooperate and we sign a contract with each association.”Touting his ‘New FIFA’ initiative, Infantino bragged about drastic increase in funding, where every member association now has access to US$1.2M annually as compared $250 000 previously.“This is also new in FIFA and each association has to outline in detail what they are going to do with the money that they are going to receive, and we are going to monitor this, because I am fully aware of the risks involved and, unfortunately, human beings are as they are,” said Infantino.He added, “We are investing much more, but don’t cheat, because there will be zero tolerance. If we catch somebody who says he is building a football pitch and he is building a swimming pool, then he is out and he has to repay each single cent. We trust, we invest, we monitor, we check, we control, much more efficiently than in the past and if somebody thinks he is more-clever, then he will have to abide by the consequences.”Infantino became the third FIFA president to touch down in Guyana, following João Havelange’s stop in 1976 and Sepp Blatter in 2001.Apart from the turning of the sod for the countries first FIFA Forward Project (formerly known as the FIFA Goal Project), Infantino met with President David Granger and Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin LaRocque.“What is important to mark in the president’s statement is consistency in the developmental thrust in FIFA and what we been trying to do in Guyana,” said Forde, the GFF president.“Clearly we (GFF) have demonstrated as an executive committee over the past 17 months that our focus is on football. We have a robust and new development programme which will get better in time,” said Forde.Forde also pointed out that “the word of caution that I share with the wider society and from my colleagues within the fraternity and with FIFA and CONCACAF, is that many of the results we are going to witness in the coming years we will not see them overnight. This is a long, arduous, painstaking process in developing football and developing excellent footballers.“But one of the things that we have on our side is a parent body that sees the value in the work we are doing, a president that has taken bold initiatives in setting out the forward funding programme that has more than tripled.”last_img read more

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Bangladesh run to last four is reward for years of toil

first_imgBy Simon EvansMANCHESTER, England (Reuters) – Bangladesh are one win away from their first final in a major tournament but whatever the outcome of their Champions Trophy semi-final against India tomorrow, it is clear the country’s long struggle in the game is now bearing fruit.Bangladesh qualified for this year’s eight-nation Champions Trophy, having missed out on the last two editions, thanks to their improving fortunes in the one-day game combined with the decline of West Indies cricket.Although still viewed until recently by many as “minnows”, it should not be surprising that Bangladesh, who reached the last four, thanks to an impressive win over New Zealand, are now among the elite teams in the shorter forms of the game.The country has plenty of talent to choose from with a population of 160 million which is lower only than India and Pakistan among Test-playing nations.Cricket is the national sport and has deep roots with the Dhaka Premier League having begun in 1974 – three years after the country’s bloody war of independence from Pakistan – but it has been a long grind to get to their current level.“I think everyone has contributed to what we are today. The whole nation will be with us as they were in our desperate times and good times,” Bangladesh captain Mashrafe Mortaza said after the victory over New Zealand.By 1979, still dealing with many issues of post-war reconstruction, Bangladesh entered their first international tournament, the ICC Trophy in England, a tournament designed for the non-Test-playing nations in which they lost to Canada and Denmark.Steady progress enabled Bangladesh to win the ICC Trophy in 1997 and two years later they played in the full World Cup where they pulled off a famous victory over Pakistan.In 2000, the country entered cricket’s elite, becoming a full member of the International Cricket Council (ICC) and hosting their first Test match, against India in Dhaka.The step-up in competition was tough. From 1999 to 2004 the side lost 71 of 72 completed matches; but by the mid-2000s Bangladesh were starting to show signs of promise.In the three-nation NatWest Series in 2005, they beat Australia at Cardiff and two years later enjoyed wins over India and South Africa in the 2007 World Cup.Bangladesh have now claimed victories in one-day cricket against all the top nations, although their Test record is poorer with just nine wins in 100 Tests.Two years ago in the World Cup, they beat and finished above England in their group to reach the quarter-finals, where they lost to tomorrow’s opponents India.It is a big ask for the Tigers to overcome the sub-continent’s dominant nation and reach their first final, but the 224-run partnership between Mahmudullah and Shakib Al Hasan in the five-wicket win over the Kiwis showed they have the players capable of producing an upset.last_img read more

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SELF-DESTRUCTION: Flurry of 2nd-half turnovers, mistakes by Syracuse lead to frustrating loss to Rutgers

first_img Related Stories Syracuse defense shuts down Rutgers’ Jamison in losing effortAfter disappointing loss, time for players to take blameKrautman’s woes continue in loss to Rutgers; Thomas returns to field after taking bit hit Published on October 13, 2012 at 1:43 pm Contact Michael: mjcohe02@syr.edu | @Michael_Cohen13 PISCATAWAY, N.J. — The same end of the field that made Ross Krautman a hero, that sent a positive shockwave through a despondent fan base, that allowed a boy from the Bronx to achieve his fairytale, suddenly turned its back and shunned the program it uplifted two years earlier.The same kicker stared through the same uprights that he split in 2010 to make Syracuse bowl eligible, and this time his goal was to give an upset-minded Orange team a third-quarter lead over No. 20 Rutgers.But then disaster struck.A blocked kick. A 75-yard run back by Rutgers’ Duron Harmon. A special teams touchdown. A demoralizing 10-point swing that loosened the lug nuts on wheels that would eventually fall off.“We were shocked to see that happen,” said SU linebacker Siriki Diabate.AdvertisementThis is placeholder textWhat was a tie game at the half quickly spiraled out of control for Syracuse, as the blocked kick and four additional turnovers led to all 16 second-half points for Rutgers.The result was a 23-15 victory for the Scarlet Knights (6-0, 3-0 Big East) on a beautiful day in front of 48,011 inside High Point Solutions Stadium that left the Orange (2-4, 1-1 Big East) feeling as if it had beaten itself with poor execution on offense and special teams.Doug Marrone watched in befuddlement as Harmon raced down the sideline directly past the Syracuse head coach. A member of the chain gang jogged by seconds later, attempting to catch up with the play in time for the extra point, and Marrone stared longingly in his direction.It was an appeal of sorts to someone — anyone — for a remedy on a day his team’s performance yielded an abundance of frustration.Marrone berated his offensive line once it returned to the sideline, furious with the poor field-goal protection after it had been a focus of the team’s practice during the week.His headset was hurled to the ground. Then his visor. Then the clip-on headset control he ripped from his waistline to ensure he had nothing left to throw.“It’s a tremendous momentum swing in the game where they have a very positive drive coming out in the second half,” Rutgers head coach Kyle Flood said. “But it really goes from being a positive momentum swing in their favor to being a tremendous positive momentum swing in our favor.”From there, a game that seemed more than winnable at halftime disintegrated into an onslaught of turnovers that Marrone called “the problem since I’ve been here.”Syracuse’s next possession again showed promise, as quarterback Ryan Nassib moved the team across midfield with three consecutive completions to three different receivers.But on a third-and-5 play out of the shotgun, Nassib stepped up in the pocket where the Rutgers defense converged and forced the ball loose. A back-breaking, 11-play drive followed that saw the Scarlet Knights tack on three more points to extend the lead to 17-7 late in the third quarter.“Just one of those plays (Nassib) got f***ing double-teamed by two guys and it popped out,” SU offensive coordinator Nathaniel Hackett said.Remarkably, though, Syracuse was given chance after chance for redemption due to a valiant performance by its defense. The Scarlet Knights managed just 242 yards of total offense and put together only one drive in excess of 45 yards in the entire game.But special teams doomed the Orange again at the start of the fourth quarter, this time on a fumble by punt returner Steve Rene. He fielded the punt near the right sideline before attempting to reverse his field to the left. Rene then cut up field where he was swarmed and promptly fumbled.The miscue handed Rutgers the ball on the Syracuse 14 yard line, and quarterback Gary Nova needed just three plays to find the end zone on a 12-yard pass to Tyler Kroft over the middle.“We have to stop turning the ball over,” Marrone said, pausing between each of the last four words for emphasis. “It’s very, very simple.”Only on this day it wasn’t.Twice more the Orange squandered possessions in the fourth quarter on interceptions by Nassib, as Hackett was forced to “put the run on the backseat” and call more shots downfield due to the deficit.It added up to a death by self-inflicted wounds, and Marrone acknowledged how painful those can be.“I’m not going to lie and tell you that I’m going to get in my car and forget about it,” Marrone said. “It hurts. It hurts. It hurts a lot.” Commentscenter_img Facebook Twitter Google+last_img read more

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