​Irish association questions new trustee qualification thresholds

first_imgThe Irish Association of Pension Funds (IAPF) has raised concerns about the impact of stricter trustee-qualification thresholds proposed by its regulator, after a consultation suggested trustees have at least two years of experience.The consultation, released by the Pensions Authority on 18 July ahead of detailed reform proposals to the government by the end of the year, seeks to bring Ireland’s oversight of trustee boards into line with the revised IORP Directive.It recommends that trustee boards possess a certain level of collective knowledge – including the potential for an entry threshold of two years’ experience for trustees lacking formal qualifications.Jerry Moriarty, chief executive of the IAPF, questioned how trustees would be able to gain the minimum two years of experience without completing formal qualifications, and noted that the cost and time commitment involved in completing the Irish Institute of Pension Managers’ courses could deter lay trustees. “Unless you do [the qualifications], or have two years’ experience, I don’t see how you can become a trustee,” Moriarty said. “And I don’t see how you can get two years’ experience without being a trustee with no experience at some stage.”However, Moriarty did welcome the Authority’s pledge it was not seeking to professionalise trusteeship, with the consultation saying lay trustees could bring “a significant amount to their role as a trustee”.Brendan Kennedy, who heads the Authority, told IPE the body had attempted to “strike a balance” when drafting its proposals.“We are aware of the fact lay trustees are a very important part of the system, and there would be a great deal of opposition to removing a place for lay trustees from our system,” he said. The IAPF has been among those resisting rigid requirements for trustees, warning a professionalisation of the field risked imposing “group think”. However, the proposals, as drafted, would not completely exclude lay trustees, as the new requirements would only apply to the trustee board as a collective.The Authority set out that a trustee board should consist of at least two members – one with at least two years’ experience, and a second member who had revised and “enhanced” qualifications.However, the emphasis on the requirements applying to a trustee board “on a collective basis” would likely allow for inexperienced lay trustees to join boards with two or more qualified trustees.Scheme ‘rationalisation’Kennedy admitted the new trustee-qualification requirements were, in part, to bring about “rationalisation” within the sector, which would not be required if a larger pool of trustees were available.“The trustee pool is finite, which may encourage consolidation – one of the reasons we want to see consolidation is because the trustee pool is finite,” he said, likening it to a “chicken and egg” situation.The Authority was also considering other measures to bring about scheme mergers in the defined contribution (DC) space, including how the industry reimburses the regulator’s running costs.Kennedy said it was always possible to see a shift to a fund-based fee, which would remove any disincentive to create large-scale DC master trusts.The Authority has said any such multi-employer trustees should expect to be subject to stricter requirements than individual company-sponsored funds, including minimum capital requirements, which would cover any costs associated with a scheme’s wind-up.last_img read more

Encourage kids in sports, Adekuoroye charges parents

first_imgWorld No. 1 female wrestler, Odunayo Adekuoroye (57kg) has called on parents and guardians not to discourage their wards, especially female ones from participating in sports. Sportinglife.ng reports that the world wrestling silver medalist made the appeal while sharing her experience at this year’s International Women’s Day programme tagged “Enhancing the value of Women in Sports” held in Lagos . According to the five-time African champion, children who engage in sports have advantages over those that are prevented from doing sports. “I will like to advocate allowing female child to participate in sports. “The advantages of doing sports are enormous. Kids that are actively involved in sports are assured of better health, fewer chronic illnesses, and reduced risk of obesity.Advertisement Loading… Promoted Content8 Things To Expect If An Asteroid Hits Our Planet6 Ridiculous Health Myths That Are Actually TrueBirds Enjoy Living In A Gallery Space Created For ThemThe Untold Truth Of Sasha Obama7 Reasons It’s Better To Be A VeganThe Highest Paid Football Players In The WorldWho Earns More Than Ronaldo?7 Things That Actually Ruin Your Phone8 Best 1980s High Tech Gadgets6 Interesting Ways To Make Money With A DroneWho’s The Best Car Manufacturer Of All Time?The Very Last Bitcoin Will Be Mined Around 2140. Read Morecenter_img “While I was in school I joined sports because I just wanted to travel out of Akure where we live. I remembered when my coach followed me home to tell my parents how important it is for me to participate in sports. My father told my coach no, she gets sick every time, that she cannot do any sports, she is not strong enough. When my father asked which sport and he answered wrestling, both my parents shouted. odunayo adekuroye reacts as she outshines an opponents in a tough encounter “Thank God for my coach, he was able to convince them. When I started active sport I stopped getting sick, I became stronger and I get to travel everywhere in Nigeria, Africa and around the world as I had dreamt of. I thank God today I am a national champion, African champion, commonwealth champion, rated number one in the world,” the two-time Commonwealth gold medalist said. Read Also 2020 Olympics: I’m not under pressure, says Adekuoroye Other speakers at the event organized by Ladies in Sports International, an organization established to celebrate and improve Women’s sports and Women in sports globally, include: Former track and field star, Falilat Ogunkoya; Paralympian, Folashade Oluwafemiayo and 100/200m athlete, Joy Udo-Gabriel. FacebookTwitterWhatsAppEmail分享 last_img read more

Jail officer shoots Murcia man to death

first_imgAccording to police investigators,Gora was armed with an improvised 12-gauge shotgun when he tried to shootSeverino around 10 p.m. on Dec. 14.   Bacolod City – A jail officer was arrested in a shooting incident inBarangay Salvacion, Murcia, Negros Occidental. The 34-year-old Jail Officer II ReubenGyle Severino allegedly shot 34-year-old resident Louie Gora, a police reportshowed. Recovered from the crime scene weretwo empty shells of a 9mm-caliber firearm and an improvised shotgun with a livebullet, the police added. Gora died of gunshot wounds on the body,police said.    This prompted Severino to shoot Gorausing a 9mm-caliber service firearm, the report added. Severino was detained in the Murciamunicipal police station’s custodial facility, facing charges./PNlast_img read more

Will target England’s ‘fragile’ top-order in Tests: Babar Azam

first_imgWORCESTERSHIRE: Talented batsman Babar Azam has insisted he doesn’t want to be compared with Indian skipper Virat Kohli but instead with legendary Pakistan batsmen like Javed Miandad and Inzamam-ul-Haq.”I don’t want to be compared with Virat Kohli. It would be better if people compare me with one of the Pakistani legends like Javed Miandad, Mohammad Yousaf or Younis Khan,” cricket.pakistan.com.pk quoted Babar as saying in a teleconference on Thursday. Babar averages over 50 in ODI and T20Is and a little over 45 in Tests while Kohli averages over 50 in all the three formats and is counted among the modern-day greats. The Lahore-born batsman further said that he is eyeing to score a triple hundred in the upcoming three-c against England. Pakistan will take on England in a series involving three Tests and as many T20Is in August and September, after the completion of West Indies’ three-Test series against the ‘The Three Lions’ starting July 8. “When you score a century, you naturally want to go on and convert that into a double or a triple century. This is something I would like to do during the Test series,” said Pakistan’s limited-overs skipper. “I like to play my natural game but my selection of shots depends on the conditions and bowlers.” He also exuded confidence of his side winning the Test series against England in their own den. “We performed well on our previous tour of England which is why players are eagerly looking forward to the series,” Babar said. “We are currently focused on winning the Test series as that is our first goal on the tour.” “England have the home advantage but our bowlers will give tough time to their batsmen. We will target their fragile Test top-order. Mohammad Abbas is experienced while Naseem Shah and Shaheen Afridi have a lot of potential. We have high expectations from our bowlers,” he added. Former speedster Shoaib Akhtar has also urged Pakistan to not settle for a draw but go for victory in their upcoming Test series against England. Akhtar has advised the Pakistan team to go into the series with a positive frame of mind and belief that they can beat the mighty England team in their own backyard. IANS Also Watch: It’s Better to Die Than Live Like This: Street Hawker in Guwahatilast_img read more

Who will play the most minutes at center for Syracuse men’s basketball?

first_imgEditor’s note: With Syracuse’s first exhibition coming up on Nov. 1, this is the first installment of a five-part series analyzing the most interesting questions surrounding the Orange entering the season. Read the rest of the series, here.Syracuse needed Tyler Lydon to shoulder the brunt of the minutes at center last year with Dajuan Coleman shaking off the rust from a near two-year absence and Providence transfer Paschal Chukwu observing from the sideline during his redshirt year.Lydon’s performance did more than suffice, but now SU head coach Jim Boeheim has more options at the 5, which should be bolstered by the improvements he raved about at media day on Friday.Coleman, in his final year with the Orange, comes off a year in which he started all 37 games and played 17.5 minutes per contest. He averaged 4.9 points and 4.7 rebounds and shot 54.8 percent from the field. The redshirt senior will likely start over Chukwu — he was among the four Boeheim named when asked about Lydon’s support group this year — but expect Chukwu, a redshirt sophomore, to see significant minutes as well.“I think Dajuan’s improved,” Boeheim said. “I think last year, he hadn’t played in two years. It’s tough. I think he’s shooting a little better, I think he’s finishing a little better.”AdvertisementThis is placeholder textLydon could also see time at center if Syracuse goes with an offensive-heavy lineup of John Gillon or Frank Howard at point guard, Tyus Battle at shooting guard, Andrew White at small forward and Tyler Roberson at power forward. If Syracuse is behind in the second half, expect to see more lineups without Chukwu or Coleman, who provide more on the defensive end.At media day, Boeheim said Lydon was the first player he’s ever coached that played small forward, power forward and center in the same season. He hinted that it’s not likely to happen again, at least as often as it did last year.The other option at center is the 7-foot-2 Chukwu. That height has never occupied the middle of the 2-3 zone. As a freshman at Providence in 2014-15, Chukwu played in all 34 games and averaged 9.9 minutes, 2.6 points, 2.4 rebounds and 0.7 blocks.Courtesy of Leo Redgate“Last year he really couldn’t finish around the basket and he’s gotten much better, much better this year around the basket,” Boeheim said of Chukwu. “He’s been out of basketball for a year and that’s always a it takes some time to get adjusted to that. I think he’s a much better player than he was a year ago and I’m very happy with what he’s doing.”Even if Coleman has improved offensively, he’s not nearly as valuable as Chukwu on the defensive end when it comes to altering and blocking shots. Chukwu’s offensive game may be slightly behind Coleman’s, but it’s still very raw. Boeheim lauded Coleman heavily and said he deserves everything he gets. The dynamic leaves the 41-year head coach with a duo to tinker with. Comments Facebook Twitter Google+ Published on October 27, 2016 at 7:02 pm Contact Matt: mcschnei@syr.edu | @matt_schneidmanlast_img read more

No. 11 Syracuse women’s basketball falls to No. 18 DePaul for 2nd loss in a row

first_imgNo. 11 Syracuse (4-3) lost its second game in a row. After dropping a game to No. 8 Ohio State on Saturday, the Orange fell to No. 18 DePaul (5-0) in the third place game of the Golf Coast Showcase, 108-84. It was the third game in three days for both teams.The Blue Demons led 17-11 with just over four minutes left in the first quarter but they went on 12-0 run to end the frame with an 18-point advantage.“We just came out flat … we just never really got going,” head coach Quentin Hillsman said.“It was evident early, the first four, five possessions.”The Orange tried to find different lineup combinations to fix the issues, as 11 different players saw at least five minutes or more in the first half, with nine of them scoring, none more than double digits. SU outscored DePaul by one in the second quarter but still went into the break with the double-digit deficit.AdvertisementThis is placeholder textHillsman said that he’s not sure why his team lacked energy on the court but that it was clear that it wasn’t playing at a high enough level to win the game.Midway through the third quarter the DePaul lead ballooned to 26 points, the highest margin of the game.An and-1 from Brittney Sykes late in the 4:29 left in the game trimmed the lead back down to 14 points. But two minutes later, the Blue Demons had regained a 20-point lead, going on to sub out all of the starters.The past two games marked the first time SU suffered back-to-back losses since last January, when it lost to Atlantic Coast Conference powers Notre Dame and Louisville.The Orange ended up shooting 43.8 percent from the field, which was a season best. But it allowed DePaul to shoot 51.4 percent and make 19 3-pointers at a 48.7 percent clip — all season highs allowed.“We weren’t ready to play today and that falls on me as a coach,” Hillsman said. “… It’s my job to put the right product out there on the court and tonight it just wasn’t the right the product.” Comments Facebook Twitter Google+ Published on November 27, 2016 at 8:50 pm Contact Tomer: tdlanger@syr.edu | @tomer_langerlast_img read more

Adamu Begs Buhari to Release Funds for Team Nigeria

first_img“Time is running out fast and there is no time to start pressing the Sports Ministry to retire funds earlier released last year. The truth of the matter is that there is no way the former Director General of the NSC, Alhassan Yakmut, wouldn’t have retired the funds he collected before being posted to the another ministry,” observed Adamu.He insisted that instead of dissipating energy on the retirement of the funds released last year, Team Nigeria ought to be in Brazil now doing final preparations for the Games.“But at the moment that is not the pressing issue, but for the Team Nigeria members to get to the venue of the Olympics early enough so as to participate in some friendly competitions that would go a long way in preparing the athletes and coaches for the challenges of the Olympics, since the Team Nigeria didn’t embark on a comprehensive foreign training tour,” Adamu noted.The former FIFA and CAF Executive Committee member, stated the issue of the N2.9billion should be revisited after the Olympics“Team Nigeria’s good performance at the Rio Olympics is what should be on the front burner of the federal government now. The president should also remember that the Team Nigeria athletes strived very hard to qualify for the Olympics and they deserve a fair chance to compete for honours at the Rio Olympics.”He noted that those suggesting that the number of athletes for the Games should be reduced, are only calling for bigger troubles for Nigerian sports as the International Olympic Committee (IOC) would come down heavily on the country with sanctions that would cost a lot of foreign exchange to offset.Meanwhile, the Director General of the Budget Office of the Federation, Mr Ben Akabueze, has promised that the Federal Ministry of Youth and Sports will receive its budgetary allocation for the Rio Olympics tomorrow, July 20.Akabueze gave the assurance monday at a meeting of the House Committee on Sports held with the Ministry of Youth and Sports, the Account General of the federation and the Nigeria Olympic Committee (NOC).The Deputy Chairman, House committee on Sports, Hon Anayo Nnebe had enquired why funds budgeted for the Olympic Games in Rio were yet to be released barely three weeks to the opening ceremony.The Minister of Youth and Sports Development Solomon Dalung however assured that the ministry had done its best in preparing 78 athletes for ten events despite the non-availability of funds.In his response, the Director-general, Budget office of the federation stated that his office had a budgetary allocation of N600m for the Olympics. N415.6m was for preparations of Olympic and Paralympic Games and an allocation of N184.6m to the Nigeria Olympic Committee to facilitate the Games proper out of which the ministry had sought the release of N503, 977,710.00“You will recall the late approval of the budget and the challenges of processing this release which was occasioned by the long public holidays. The bottom line is that in a day or two, the funds will be released” the DG assured the federal lawmakersThe Olympic Games Village is scheduled to open to athletes on July 24 while the opening ceremony is billed for August 5, 2016.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram RIO2016 OLYMPIC DG Budget Office: Olympic money to be released WednesdayA former Director-General of the National Sports Commission, Dr. Amos Adamu, has sent a passionate appeal to President Muhammadu Buhari to urgently release needed funds to Team Nigeria to enable the country participate at the Olympics Games in Rio de Janeiro, Brazil.Adamu noted that, the president should put aside the long wait for the Sports Ministry to retire the N2.9billion released for the 2015 All Africa Games and the 2016 Olympic preparation and do the needful by speedily releasing the N2billion to execute the Olympic Games proper.last_img read more

Deborah Roll recognised for leading Responsible Gambling Week

first_img Related Articles Safer Gambling Forum: ‘The buzz word is understanding’ November 11, 2019 Safer Gambling Forum: ‘The industry needs to do a lot more’ November 13, 2019 Kindred: The industry has a role to play in tackling problem gambling November 13, 2019 StumbleUpon At the third annual Global Regulatory Awards, which took place on 1 May, Deborah Roll has been recognised for her commitment to Responsible Gambling week by being awarded the Compliance Outstanding Achievement award.Roll, who currently holds a position of project manager at the Industry Group for Responsible Gambling (IGRG), spearheaded the 2018 Responsible Gambling Week. The campaign involved over 12,000 gambling venues and sites, 12,000 industry employees as well as resulting in over 20m social media impressions.The campaign ensured that a safer gambling message was promoted to a wide audience, promoted by the participation of leading football clubs and racecourses. Deborah Roll commented on the award: “I am honoured to have received this award, on behalf of everyone in the industry who worked so hard to make the 2018 campaign a success. “The objective is to trigger a national conversation about responsible gambling and, with the support of the trade associations and operators, I have no doubt we will make the 2019 campaign even bigger and better.”John Hagan – IGRGThis year’s Responsible Gambling Week is set to take place from 7 – 13 November, hoped to bring together multiple sectors from across the industry through the IGRG to promote the work being done to deliver a responsible gambling message. John Hagan, chairman of the IGRG, added: “During Responsible Gambling Week, operators want to reach not only their customers, but also their families and friends and the wider community. “The IGRG is hoping to work with a broad range of groups, including charities, local authorities and information services, to ensure we connect with the widest possible audience. We want to find new ways of making this an open and inclusive conversation”. Share Submit Sharelast_img read more

[VIDEO] Hearts of Oak confirm Emmanuel Mintah signing

first_imgAccra Hearts of Oak have officially announced the signing of former Karela FC midfielder, Emmanuel Mintah.The deal was announced by Hearts of Oak on Saturday via its Twitter handle.The deal had been in the works in the last few days as the player and the club were engaged in negotiations following Mintah’s departure from Karela in August.Welcome, Emmanuel Mintah to @HeartsOfOakGH .Everyone at the club wishes you the very best during your stay. #WelcomMintah🔴💛🔵#AHOSC pic.twitter.com/s4kR5CbfSK— Phobians (@HeartsOfOakGH) September 7, 2019Mintah featured 13 times for Karela during the NC Special Competition and it is believed that his performances caught the eye of the Phobians who have now added him to their fold ahead of the new Ghana Premier League season.Hearts of Oak’s video to unveil Mintah showed some of his goals for Karela and perhaps, this can be seen as a way of whetting the appetite of Hearts of Oak fans when active football returns to Ghana.last_img read more

Bank Customers should beware of fraudulent text messages

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich. — The holiday season is almost here and scammers are on high alert to take your money. Text messages asking for personal information is the latest scam going around.Scammers are now sending text messages to bank customers luring them to withdraw money from their personal accounts. In Alpena, many customers are convinced into sending money to an unknown company that doesn’t existResidents should not respond to suspicious text messages or robo calls. Be protective over your personal information and change the password to your banking app.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious A Tragic Two Vehicle Crash Leaves Elderly Woman DeadNext Alpena County Animal Facility hosts dinner fundraiser ahead of building opening next springlast_img read more