UK regulator hints at mandatory assurance framework for master trusts

first_imgThe UK pensions regulator is pushing for stricter regulation of defined contribution (DC) master trusts, questioning whether a currently voluntary assessment framework should be mandatory.Lesley Titcomb, who joined the Pensions Regulator (TPR) as chief executive from the Financial Conduct Authority in March, said the regulator was in discussions with the government about making the assessment of a master trust’s health mandatory.It will also examine the entry requirements for master trust operators, currently set by HM Revenue & Customs.She noted that the current regulatory hurdles to launching a master trust focused mainly on the ability to administer tax relief. Titcomb told attendees at the National Association of Pension Funds annual conference in Manchester: “Given my objectives, of course I have a rather different set of interests in what those master trusts are doing.”She outlined a number of the regulator’s concerns.“Are [master trusts] going to be able to look after the customer’s assets, administer it well [and] be a well-governed scheme?” she asked.“Are they able – should they not succeed in business for any reason – to […] wind themselves up in an orderly fashion?” Titcomb also expressed regret at the small number of master trusts to have completed the so-called assurance framework, published last year and drawn up in conjunction with the Institute of Chartered Accountants for England and Wales.The assessment has to date only been completed by four schemes – The People’s Pension, Now Pensions, the National Employment Savings Trust and the SEI Master Trust – with only the first two listed by TPR as recommended schemes, a step that requires the provider to accept any UK employer wishing to use the scheme for the purposes of auto-enrolment.Titcomb said the regulator’s list was a short one, but she expressed hope that it would grow.She also hinted that the assurance framework could in future be mandatory for schemes wishing to take in members through auto-enrolment.“One of the things we could ask the government to look at is to make master trust assurance compulsory if you’re going to be open to any[one],” she said. “We have to look at the issue of master trusts and the regulatory regime that applies to them. They are fulfilling a hugely important role in auto-enrolment, particularly as we get into the small and micro [company] world.”last_img read more

Arlington Raceway hosts Aug. 1 Sibley County Shootout special

first_imgARLINGTON, Minn. – IMCA Sunoco Stock Cars bat­tle it out for $1,500 to win and a minimum of $100 to start at Arlington Raceway’s Wednesday, Aug. 1 Sibley County Stock Car Shootout.Karl Chevrolet Northern SportMods run for $750 to win and IMCA Sunoco Hobby Stocks for a $400 top check that evening.IMCA Speedway Motors Weekly Racing National, re­gional, Minnesota State and local track points will be awarded at the draw/redraw show.Pit gates open at 4 p.m. Racing starts at 7 p.m. Grand­stand admission is $15 and pit passes are $30.More information about the Geib Well and Water and MS Trucking-sponsored Stock Car Shootout is available at the www.arlingtonraceway.com website or by calling 507 380-6998.last_img

PSG hit five to ease pain of Real Madrid defeat

first_imgAfter Meunier’s opener, Nkunku put the game beyond Metz before the half-hour mark with two low finishes.He was unlucky not to get a hat-trick, a header from Angel di Maria’s cross on the stroke of half-time disallowed for a marginal offside call.However, Mbappe did make it 4-0 before the interval by scoring after being set up by Marco Verratti.Captain Silva headed in late on to complete the scoring, as Paris maintained their perfect record at home in the league this season.Second-placed Monaco won 3-1 at Strasbourg on Friday with Stevan Jovetic, Rony Lopes and Fabinho getting their goals.– Lille fans invade pitch –Third-placed Marseille go to Toulouse and fourth-placed Lyon host Caen on Sunday.Elsewhere, hundreds of angry Lille supporters invaded the pitch at their Stade Pierre-Mauroy after their struggling side drew 1-1 at home to Montpellier.Some of the pitch invaders tried to attack the young forward Nicolas Pepe, who had scored their goal, before making their way towards the players tunnel, below where club directors were watching on.Stewards eventually managed to keep back the supporters, who are unhappy at the way their team’s season is going — Lille are in the relegation zone, with Christophe Galtier struggling to turn around the fortunes of the side after Marcelo Bielsa was sacked late last year.Nantes moved back up to fifth, which is likely to be enough for a European place, after beating Troyes 1-0 with a late Emiliano Sala goal, his 12th of the season.They replace local rivals Rennes, who came from behind to draw 1-1 with Saint-Etienne.Share on: WhatsApp Paris, France | AFP | Paris Saint-Germain brushed aside bottom club Metz 5-0 in Ligue 1 on Saturday to ease some of the pain of their Champions League exit at the hands of Real Madrid in midweek.Twenty-year-old Christopher Nkunku scored twice for PSG at the Parc des Princes, with Thomas Meunier, Kylian Mbappe and Thiago Silva also on target.The result restores PSG’s 14-point lead over reigning champions Monaco at the top of the table with just nine games left, keeping them on course to reclaim the title.A clean sweep of the domestic trophies for the third time in four seasons is on the cards, although that will not completely make up for the disappointment of another underwhelming campaign in the Champions League.Tuesday’s 2-1 home defeat against Madrid condemned them to a second consecutive exit from that competition in the last 16 and effectively ended any prospect of Spanish coach Unai Emery still being in charge next season.Emery, who was jeered by some sections of the home support, had to somehow lift his side for this game, with PSG missing suspended leading scorer Edinson Cavani as well as the injured Neymar.“Everyone knows that we are disappointed, that we disappointed the fans, but we are trying to move forward again,” said Mbappe.“One match is not going to allow us to forget everything. Digesting what happened is difficult but we are professionals, so we need to turn the page and move on.”Belgian right-back Meunier, who came in for Dani Alves and opened the scoring inside five minutes, added: “It was an excellent reaction after the elimination.“It is very positive. Mentally it does us good, and it allows us to put Tuesday almost definitively behind us.“There is no point living with regrets. We have three trophies to go and win still and that is the most important thing,” added Meunier, whose side are through to the French Cup semi-finals and play Monaco in the League Cup final at the end of this month.last_img read more

BREEDERS’ CUP ANNOUNCES “KID REPORTER” INTERVIEW SERIES DURING 2016 BREEDERS’ CUP WORLD CHAMPIONSHIPS

first_imgARCADIA, Calif. (October 28, 2016) – Today Breeders’ Cup announced that Maddie Stevens, the 7-year old daughter of 10 time Breeders’ Cup Champion jockey and acclaimed actor Gary Stevens, will host a series of all access interviews with several of horseracing’s most influential figures. A horseracing aficionado, Maddie has spent her entire life deeply involved in the horseracing community. Ahead of and during the 2016 Breeders’ Cup World Championships, Maddie will conduct interviews with some of the sport’s most influential names, including leading Breeders’ Cup jockeys, partners, executives and horses. In the weeks leading up to the Breeders’ Cup, Maddie will meet with famed jockeys Victor Espinoza, winner of the first ever Grand Slam title, and Mike Smith, the winningest jockey in Breeders’ Cup history, to get their insight on the sport of horse racing and their take on this year’s Breeders’ Cup World Championships. Maddie will also meet with Goodie Girls Cupcakes to exclusively unveil the Breeders’ Cupcake and pay a visit to California Chrome, Tepin, Songbird, Beholder, and Stellar Wind, five of this year’s leading contenders. About Breeders’ CupThe Breeders’ Cup administers the Breeders’ Cup World Championships, Thoroughbred racing’s year-end Championships. The Breeders’ Cup also administers the Breeders’ Cup Challenge qualifying series, which provides automatic starting positions into the Championships races. The 2016 Breeders’ Cup World Championships, consisting of 13 grade I races with purses and awards totaling $28 million, will be held November 4-5 at Santa Anita Park in Arcadia, Calif., and will be televised live by the NBC Sports Group. Breeders’ Cup press releases appear on the Breeders’ Cup Web site, www.breederscup.com. You can also follow the Breeders’ Cup on social media platforms Facebook, Twitter, Instagram, Snapchat and YouTube To follow Maddie and stay up-to-date with news from the 2016 Breeders’ Cup World Championships, click here and hereMedia Contact:Jim Gluckson, Breeders’ Cup, 212-230-9512, jgluckson@breederscup.com Hayley Karlan, Nike Communications, 646-654-3445, hkarlan@nikecomm.com Maddie Stevens, Daughter of Hall of Fame jockey, Gary Stevens, to Conduct “All Access” Interviews with Leading Breeders’ Cup Participants, Executives, and Partnerscenter_img “We are excited that Maddie will be joining the Breeders’ Cup team this year,” said Peter Rotondo, Vice President of Content for Breeders’ Cup. “Maddie has more horse racing knowledge than many in the industry and is the perfect person for the job, her subjects better be ready for any and all questions!” -30- Days ahead of the Breeders’ Cup, Maddie will also be on-site at several of the most exciting events, including the post position draw for both the Classic and the Longines Distaff and the highly anticipated Taste of the World event at Warner Bros. Studios. Additionally, she will conduct a one-on-one interview with Bob Baffert, one of horseracing’s most renowned trainers whose past horses include 2015 Triple Crown and Grand Slam winner American Pharaoh.last_img read more

‘It became a religion to me’: With the Yankees in town, Ramon Laureano reflects on the team that inspired him to play baseball

first_imgRamon Laureano’s love for baseball didn’t start outside on the diamond. There were no childhood indications that his laser arm could be unearthed, his killer competitive instinct didn’t necessarily manifest from innocuous childhood games with teammates or friends.Laureano’s love of baseball blossomed during hot summer nights in Santo Domingo. In front of the television with his family, a 7-year-old Laureano would fixate on the day’s Yankees game.As frustrating the media bias for the classic …last_img

South Africa’s commercial radio stations

first_imgA guide to South Africa’s commercial radio stations, which includes what each offers, what frequency to tune into and where the broadcasting areas are.South Africa’s commercial radio stations include Metro FM, Jacaranda FM and Kaya FM. (Image: Jacaranda FM, Facebook)Brand South Africa reporterUnder apartheid, South Africa had only two independent radio stations. With the deregulation of broadcasting in the late 1990s, the number of commercial stations operating outside of state control proliferated.In 1996 six lucrative SABC stations were privatised: Gauteng’s 947 and Radio Jacaranda, KwaZulu-Natal’s East Coast Radio, the Western Cape’s KFM 94.5, the Eastern Cape’s Radio Algoa and the Free State’s OFM. The government raised over R500-million as the stations were licensed to various black-controlled groups.In early 1997 eight new commercial radio licences were granted for broadcasting in South Africa’s three biggest cities – Johannesburg, Cape Town and Durban.Applicants targeting black audiences with new formats were generally favoured, with two “smooth jazz” licences, Heart 104.9 in Cape Town and Igagasi 99.5 in Durban; one urban youth station, YFM; and one urban contemporary station, Kaya FM. The remaining four licences went to an English-language talk station, CapeTalk 567; two Afrikaans talk stations, Punt in Cape Town and Durban; and a classical music station, Classic FM.Metro FMBroadcast in English, Metro FM is the largest national commercial station in South Africa, targeting 25- to 34-year-old black urban adults – who its owner the SABC describes as “trendy, innovative, progressive and aspirational”. While the station does have some information and educational aspects, the focus is firmly on contemporary international music – hip-hop, R&B, kwaito and more.Frequency: 96.4 FMMetro FM websiteBroadcast area: Metropolitan areas of Gauteng, Limpopo, Free State, KwaZulu-Natal, Eastern Cape, Western CapeAudience (past seven days): 5.26-millionLanguage: EnglishOffers live internet audioJacaranda FMOne of the largest independent commercial stations and also broadcasting in Gauteng, Jacaranda offers a mix of more easy-listening adult contemporary music and news.Frequency: 94.2 FMJacaranda FM websiteBroadcast area: GautengAudience (past seven days): 2.32-millionLanguage: EnglishOffers live internet audioEast Coast RadioEast Coast broadcasts a mix of music and news to Durban and throughout KwaZulu-Natal.Frequency: 94 to 95 FMEast Coast radio websiteBroadcast area: KwaZulu-NatalAudience (past seven days): 2.06-millionLanguage: EnglishOffers live internet audioYfmHome of Kwaito and the “Y Generation”, Y is the country’s most popular youth station. Yfm has a self-imposed 50% local music quota – more than any other radio station in the country. It works in partnership with New York-based Masters At Work, who have released SA artists into the US and Europe as part of YFM’s ongoing commitment to South African music and culture.Frequency: 99.2 FMYFM websiteBroadcast area: GautengAudience (past seven days): 1.34-millionLanguage: EnglishOffers live internet audio5FMThe SABC’s trendy youth-oriented station, 5FM’s emphasis is on the latest music, movies and South African youth trends. Broadcasting in English to South Africa’s metropolitan areas, its music styles are international, and include a strong component of South African artists of world standard.Frequency: see the 5FM frequency finder5FM websiteBroadcast area: Metropolitan areas of Gauteng, Limpopo, Mpumalanga, Free State, KwaZulu-Natal, Eastern Cape and Western CapeAudience (past seven days): 1.32-millionLanguage: EnglishOffers live internet audio947 (previously known as 94.7 Highveld Stereo)Popular home of Anele’s Breakfast Club, 947 broadcasts a mix of contemporary music that connects with Joburg. It is owned by Primedia Broadcasting.Frequency: 94.7 FM947 websiteBroadcast area: GautengAudience (past seven days): 1.18-millionLanguage: EnglishOwned by: PrimediaKaya FMKaya FM provides an African-focused adult contemporary and jazz format, with a mix of music and talk. One of the country’s newest radio stations, Kaya broadcasts throughout Gauteng.Frequency: 95.9 FMKaya FM websiteBroadcast area: GautengAudience (past seven days): 932 000Language: EnglishOffers live internet audioGood Hope FMCape Town’s largest radio station, the SABC’s Good Hope FM plays contemporary music ranging from R&B, ballads and pop through to hip hop, dance, jazz and old school. With a broadcast footprint covering metropolitan Cape Town, Langebaan, Malmesbury, Wellington, Paarl, Franchhoek, Stellenbosch and Gordon’s Bay, it targets the 22- to 32-year-old age group.Frequency: 93.9 to 96.7 FMGood Hope FM websiteBroadcast area: Western CapeAudience (past seven days): 620 000Language: EnglishOffers live internet audioAlgoa FMAlgoa FM’s music and news is broadcast to the entire Eastern Cape region.Frequency: 94 to 96.7 FMAlgoa FM websiteBroadcast area: Eastern CapeAudience (past seven days): 448 000Language: EnglishOffers live internet audio702702 is Gauteng’s number-one current affairs and information station, offering news, sport, business and actuality programming – and lots of phone-in debate. Established in 1980, it was initially a youth music station, moving to the more adult talk format in 1988. During the apartheid era it was one of the only independent sources of broadcast news. The station is owned by Primedia.Frequency: 92.7 FM702 websiteBroadcast area: GautengAudience (past seven days): 281 000Language: EnglishOffers live internet audioCapeTalk 567Broadcasting on Medium Wave 567, CapeTalk is Cape Town’s first talk radio station. CapeTalk promises to bring you all the news, views, sport, weather, traffic and information you need. It is owned by Primedia.Frequency: 567 AM (MW)CapeTalk 567 websiteBroadcast area: Western CapeAudience (past seven days): 82 000Language: EnglishOffers live internet audioClassic FMBased on the UK station, Classic FM has been broadcasting classical music throughout Gauteng since September 1997. Through their partnership with Business Day, the station offers in-depth business coverage each week night from 6pm. There are also lifestyle features, news, financial updates, sport, and interviews with local artists and composers.Frequency: 102.7 FMClassic FM websiteBroadcast area: GautengAudience (past seven days): 151 000Language: EnglishOffers live internet audioKfm 94.5With the tagline “The most music. Feel Great”, Kfm 94.5 broadcasts adult contemporary music in the Western Cape and as far afield as Alexander Bay and the Northern Cape. It is owned by Primedia.Frequency: 94.5 FMKfm 94.5 websiteBroadcast area: Western Cape, Northern CapeAudience (past seven days): 1.29-millionLanguage: EnglishOffers live internet audioOFMThe commercial regional station of the Free State (a province with the name Orange Free State before 1994, hence the O), OFM broadcasts adult contemporary music.Frequency: 94 to 97 FMOFM websiteBroadcast area: Free StateAudience (past seven days): 436 000Language: English and AfrikaansOffers live internet audioRadio 2000To the listener, Radio 2000 is a laid back and non-intrusive radio station. Radio 2000, being a facility station, relies heavily on sports broadcasts. The result is that its listenership fluctuates, since it is often based on national and international sports events.Frequency: 97.2 to 100.2 FMRadio 2000 websiteBroadcast area: All provinces, except the Northern CapeAudience (past seven days): 151 000Language: EnglishChannel AfricaThe international radio service of the SABC offers a multilingual source of information on Africa – with news, music and sports. Broadcasts are in Chinyanja, Silozi, Kiswahili, English, French and Portuguese, with shortwave broadcasts covering south, east, central and west Africa, satellite broadcasts covering the sub-Saharan region – and internet broadcasts covering the entire world.Frequency: see the Channel Africa frequency guideChannel Africa websiteBroadcast area: south, east, central and west Africa (shortwave)Language: English, Chinyanja, Silozi, Kiswahili, French and PortugueseOffers live internet audioUseful linksAnt RadioBroadcasting Complaints Commission of South AfricaDepartment of CommunicationsFreedom of Expression InstituteInstitute for the Advancement of JournalismWits JournalismMedia Development and Diversity AgencyMedia Institute of Southern AfricaNational Association of BroadcastersNational Community Radio ForumPrimediaSouth African Audience Research FoundationSouth African Broadcasting CorporationSouth African National Editors ForumWould you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Ohio Ag Weather and Forecast September 24, 2019

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Much nicer air in over the state again today, as our frontal complex exited yesterday. We now are settling into a drier pattern. There is plenty of moisture trying to move across the western, central and northern corn belt, but over the next 2 weeks, it seems to fall apart well before it gets here. An upper level high sitting over the SE should continue to steer this action by to our northwest. Here is our updated outlook this morning.Mostly sunny and pleasant today, Temps near normal, and low humidity. Tomorrow we see an increase in clouds, but no significant precipitation potential. That being said, with the increase in moisture in the atmospheric profile, we cant rule out a few sprinkles from US 30 northward…but those are not a big part of our outlook. We are back to partly-mostly sunny skies on Thursday and stay that way through the balance of the week.Over the weekend, we are largely dry over Ohio, but on Saturday we cant rule out scattered showers in the far NW and SE areas. We are talking a few hundredths to .3″ with only 20% coverage, and the rest of the state just sees a mix of clouds and sun. Partly sunny skies expected in all areas Sunday.Next week we are fully dry Monday through Friday. Temps will be cooler next week, after slowly building some later this week and over the weekend.10 day rain potentiallast_img read more

VIDEO ONEs 1st Magenta ULCV Splashed at Imabari

first_img<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>The first magenta containership of the Japanese merged containership business, Ocean Network Express (ONE), has been launched at Imabari Shipbuilding in Japan.The 14,000 TEU ship is named ONE Manato and will now undergo final touches before it gets delivered in December 2018, data from VesselsValue shows.It is the first tailor-made boxship for the company, featuring the magenta livery and ONE logo on its hull, as the current fleet is comprised of a combination of container vessels that have been serving the Japanese trio respectively.ONE, a joint venture between Japanese carriers K Line, MOL and NYK, worth USD 3 billion, launched its container shipping business on April 1.The JV has been described as the world’s sixth-largest container shipping line with 230 vessels in its fleet totaling 1.44 million TEUs.The network includes a total of 85 services, calling at over 200 ports in 100 countries.World Maritime News Staff; Video: Youtube/ONElast_img read more

India a brother China like a longlost cousin

first_img.A Maldives diplomat has termed India a brother and China a long-lost cousin of the Indian Ocean nation, South China Morning Post reports.The Maldives’ ambassador to China, Mohamed Faisal, came up with the comment as the two powers flexed their muscle in exerting influence over the island country, creating tensions in the Maldives and outside.Two days after Maldivian president Abdulla Yameen lifted a state of emergency, the ambassador was quoted to have said that the Maldives will further embrace Chinese investment and “is aware it risks getting caught between China and India.”“India is a brother. We are a family, we may quarrel and we may have arguments but in the end we will sit down and resolve it,” the newspaper quoted the ambassador as saying in a report published on 22 March. said that India is a brother to Maldives and China is like a long lost cousin found, South China Morning Post reported.“We have taken a lot of our projects to India as well, but we did not receive the necessary finance. China is like a long lost cousin that we have found, a long lost cousin who is willing to help us,” the ambassador was quoted as saying.He, however, was said to have maintained that his country would not take any side between China and India.The South China Morning Post mentioned that more than 70 per cent of the Maldives’ foreign debt is owed to China.last_img read more

Report Sen Franken Groped Army Veteran During USO Tour

first_imgWikimedia CommonsMinnesota senator Al Franken.Embattled Minnesota Sen. Al Franken is facing a new allegation of inappropriately touching a woman after an Army veteran accused him of groping her during a USO Christmas tour in the Middle East more than a decade ago.Stephanie Kemplin, 41, of Maineville, Ohio, told CNN in report Thursday that Franken had cupped her right breast when she stood next to him for a photo in December 2003. Kemplin, who was deployed to Kuwait at the time, is the fifth women in two weeks to accuse Franken of sexual misconduct.Franken’s office released the same statement it provided CNN late Wednesday.“As Sen. Franken made clear this week, he takes thousands of photos and has met tens of thousands of people and he has never intentionally engaged in this kind of conduct. He remains fully committed to cooperating with the ethics investigation,” the statement said.Kemplin did not immediately return a call from The Associated Press seeking comment. She is the second woman to accuse Franken of inappropriate behavior during a USO tour. He personally apologized earlier this month to Leeann Tweeden, now a Los Angeles radio host, who said he forcibly kissed and groped her during a 2006 tour. Tweeden released a photo showing the comedian turned senator posing in a joking manner with his hands on her chest as she naps wearing a flak vest aboard a military plane.Franken personally apologized to Tweeden and said he welcomes an investigation by the Senate Ethics Committee of the other allegations against him.Three other women allege Franken grabbed their buttocks while posing with them for photos during separate campaign events in 2007, 2008 and 2010. Sharelast_img read more