Further French IORP vehicle on the cards as Austerlitz seeks switch

first_imgThe vehicles were introduced by a 2016 law known as “loi Sapin”, and are subject to a regulatory framework combining elements of the IORP Directive and Solvency II, but not the latter’s capital charges and other financial requirements.Institution de Prévoyance Austerlitz delivers supplementary pension plans for former employees of three lenders: Crédit National, Banque Française du Commerce Extérieur (BFCE), and Credit d’Equipement des PME (CEPME). The plans are closed. One of France’s provident institutions is looking to take on pension fund status, having requested formal authorisation as an “institution de retraite professionelle supplémentaire (IRPS).  ACPR, the supervisor for the banking and insurance sectors in France, published an official notice about the request – from Institution de Prévoyance Austerlitz – yesterday, with creditors having two months to register views on the draft authorisation.   Institution de Prévoyance Austerlitz is planning to change its name to Institution Austerlitz in connection with the transformation into an IRPS, a new type of occupational pensions vehicle.Approval would take to four the number of these vehicles being lined up in France, following moves by insurance entities Aviva and Malakoff-Médéric last year, and Sacra this year.last_img read more

On the line: Syracuse must beat North Carolina for chance at ACC tournament berth

first_img Published on April 9, 2014 at 10:39 pm Contact Phil: [email protected] | @PhilDAbb Three Atlantic Coast Conference regular-season matchups remain, posing a number of seeding scenarios for the conference tournament at April’s end. But for Syracuse, those hypothetical scenarios are meaningless without a win over North Carolina on Saturday.“With this schedule we’ve had all year, I think everything’s really been a tough turnaround,” senior attack Derek Maltz said. “We already know what happened (last) weekend with a couple ACC teams winning in our favor, so we know what needs to get done.”Despite falling into a 0-3 hole to start conference play, Syracuse still has a chance to qualify for the four-team ACC tournament. After a momentum-stirring win at No. 6 Cornell on Tuesday, the No. 7 Orange (7-3, 1-3 ACC) hosts No. 4 North Carolina (9-2, 2-2) on Saturday at 6 p.m. in the Carrier Dome with conference playoff hopes on the line.With a win over UNC, Syracuse would most likely earn itself the No. 3 or 4 spot in the ACC tournament. But a loss to the Tar Heels would certainly pencil Syracuse in for the consolation matchup between the fifth- and sixth-ranked teams, on the eve of the ACC championship game, and on the same PPL Park grass in Chester, Pa.AdvertisementThis is placeholder text“We’re not trying to miss the first ACC tournament we can be a part of,” attack Kevin Rice said. “It’s a huge game for us.”By way of some clever planning by the SU coaching staff and nearly flawless execution in Tuesday’s win over the Big Red, Syracuse has as much momentum going into its date with North Carolina as it’s had all season.Following the Orange’s sloppy win over Binghamton on April 2, the coaches split up the practice week for the first time senior goalie Dominic Lamolinara could recall in his SU tenure. To comply with the NCAA’s mandate for scheduling practice, the SU staff gave the players Sunday off.That allowed them to catch a breather before taking on the sixth-ranked Big Red, and also to dive right into UNC preparation on Wednesday.“I think that was big for our legs. In this stretch of the season, when you’re playing two times a week, it’s tough,” Rice said after the win over Cornell. “I think you saw what we can do when we have a full week to get ready and prepared.”What the Orange pieced together at Cornell was one of its most complete team efforts this year. For the second time in three games, SU won more than half of the faceoffs. It converted on all but one of its 18 clearing attempts. Each of the starting attacks and midfielders scored at least one goal. And head coach John Desko called the defense’s performance one of the unit’s best of the season, holding the country’s No. 2 offense to just nine goals.But Desko is not one to worry about making or missing the ACC tournament, since he’s confident his team’s strength of schedule — ranked the toughest in the country — would compensate when being assessed for an at-large bid in the NCAA tournament.“Would you like to be No. 4 and make it and play Duke? Or are you better off being five or six and playing somebody else and coming out with a win?” Desko said on Monday. “We’re going to eat whatever’s put on our plate. I’m just thinking out loud. The ACC tournament, it’s great obviously, but is it the end-all, do-all?” Desko doesn’t buy into the “must-win” idea, let alone discuss the thought with his players. He prefers to let the nature of the situation speak for itself.The players are feeling the heat. On Saturday, they’ll try to prove they can handle it.Said Lamolinara: “Now the pressure’s on. It’s a big week for us, but that’s what we came here for.” Comments Facebook Twitter Google+last_img read more

Donegal supporters hit out after wasted trip to Clones as game postponed

first_imgDonegal supporters were left angry and frustrated after traveling to Clones today for a McKenna Cup tie that was called off due to a frozen pitch.The game between Donegal and Monaghan was a late casualty with the final decision to postpone the fixture made seven minutes after the initial throw-in time of 2pm.Officials had pushed the start time back to 2.30pm in the hope of a rapid thaw, but one corner of St Tiernach’s Park in particular was causing difficulty and the game was off, leaving fans to make the long journey home after a wasted trip. “The people organising these games don’t car about the supporters at all,” one irate supporter, who traveled from west Donegal, told Donegal Daily/Donegal Sport Hub.“We left home before 10 o’clock this morning and now we have to all the way home again. They don’t appreciate the effort supporters go to for games. It’s a disgrace that they couldn’t have made the decision earlier as it was quite clear when we got to Clones that the pitch wouldn’t be playable – there was no way that bad patch was going to thaw out that quickly.”The Armagh v Derry and Down v UUJ games were also called off.The Ulster Council has confirmed that the re-fixture details will be announced tomorrow morning. Did they only just discover that at 2pm?— Archimedes (@BarStoolHack) January 7, 2018 There should have been an advisory put out at 11am detailing the current state of the pitch and that the game was in doubt. We set off at 1130 with no hint that the game was in doubt— Gareth Doherty (@garethdoherty17) January 7, 2018 Donegal monanagh game called off just before throw in tough on the traveling away fans surely this discussion should be taken earlier in the increased of health and safety if nothing else #GAA— martin teNnyson (@sticktownman) January 7, 2018 Get rid of these nonsense January competitions. https://t.co/g0xbkejEmX— Kieran Cunningham (@KCsixtyseven) January 7, 2018 What genius only discovered that now?Wasting everyone’s time!— Lisa Hewitt (@lisahewitt21) January 7, 2018 The McKenna cup game involving donegal and Monaghan has been called off due to a frozen pitch. Ladies and gents I give you , Global Warming. 😂😂— Padraic mc laughlin (@mc_padraic) January 7, 2018 Somebody should have made that call this morning!— Aodhán Harkin (@AodhanHarkin) January 7, 2018 Far worse conditions in Brewster Park than Clones yet @FermanaghGAA game goes ahead & @monaghangaa doesn’t. Supporters travelling frustrated and rightly so. @UlsterGAA pic.twitter.com/F1tfLZUSpI— Kevin Meehan (@kevin_ger5) January 7, 2018 Donegal supporters hit out after wasted trip to Clones as game postponed was last modified: January 7th, 2018 by Chris McNultyShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:2018 Dr McKenna CupDeclan BonnerdonegalMonaghanlast_img read more