Pension dashboard should be taken out of private sector, say MPs

first_imgSource: Pension Dashboard ProjectExample of state pension information displayed on the pension dashboardIt called for a single, public sector financial guidance body to provide the dashboard and for it to be funded by an industry levy.“Competition between pension providers over the presentation of the same information risks detracting from, or even acting counter to, competition over the quality of pension products,” the committee’s report said. “Rather than regulating the dashboards into consistency, it is far simpler just to have one dashboard.”The ABI hit back at the committee’s recommendation.Yvonne Braun, director of policy, long-term savings and protection at the association, said excluding industry participants would be a “huge missed opportunity”.“It is only thanks to the efforts and investment of the pensions industry that we have a prototype and are now able to talk about the practicalities of delivering a pensions dashboard for everyone to use,” Braun said.“It may be that an initial publicly hosted service is a pragmatic place to start given the stated aim to deliver a dashboard in 2019. But it would be a huge missed opportunity if we adopt a single dashboard as the final destination.“We know that people expect to be able to use sophisticated dashboards in the future, integrated with other services, that only the private sector will be able to provide.” “The case for a publicly-hosted pensions dashboard is clear cut,” the committee said in a report published today. “Consumers want simple, impartial, and trustworthy information.“Armed with such information, they will be more empowered to exercise choice in the decumulation product market, driving competition and consumer benefit.”Multiple dashboards from “self-interested” providers risked adding complexity to “a problem crying out for simplicity”, the committee added.#*#*Show Fullscreen*#*# The UK’s proposed pension dashboard should be provided by a public sector body and not be subject to private sector competition and conflicts, politicians have argued.The Work and Pensions Select Committee – made up of MPs from the UK’s lower house – said today that a “dashboard” to display all of an individual’s pension savings in one place would be a “vital tool” for consumers.The government aims to introduce such a tool to the UK market next year. Work on prototypes has been led by the Association of British Insurers (ABI), with representatives from the pensions industry and support from a host of private sector groups.However, the committee said private sector suppliers should not be tasked with hosting the service.last_img read more

Investec AM changes name to Ninety One, demerges from group

first_imgInvestec Asset Management (IAM) has unveiled its new name and branding as Ninety One, which will be rolled out following completion of the firm’s demerger from Investec Group. The demerger process is on track to take place in the first quarter of 2020, subject to shareholder approval.In September 2018, following a strategic review, the boards of Investec PLC and Investec Limited – collectively Investec Group – announced that IAM would become a separately listed entity. This decision ensured IAM would be a focused, independent asset manager, a position appreciated and valued by investment management markets, an announcement stated.Last August the group confirmed that the demerger and independent listing of IAM had received all key regulatory approvals.The leadership structure for IAM post listing has also been confirmed. The current leadership remains unchanged prior to listing. Hendrik du Toit will return as chief executive officer and John Green and Domenico Ferrini will assume deputy CEO roles. Board appointments will be confirmed in the group’s Shareholder Circular, however, due to be released shortly after the group’s interim results presentation tomorrow (21 November). The board will include an independent, non-executive chair and other non-executive directors, including a senior independent director. Du Toit believes the new identity reflects the heritage of the firm. ”Back in 1991 when we started in South Africa, change was coming. Along with its challenges came the chance to invest in a better future. Being part of that change made us who we are. It taught us to be bold, resilient and agile; to believe that active investing can be a force for good.”Investec Asset Management began as a start-up asset manager in South Africa in 1991. Today it manages more than $151bn (€136bn) for institutional and advisor clients globally, including some of the largest and most sophisticated asset owners.last_img read more

Anthony Joshua: I won’t let fame change me

first_imgWorld heavyweight champion boxer Anthony Joshua will never let fame change him and insists he’s as grounded in reality as he ever was. Loading… Promoted Content7 Ways To Understand Your Girlfriend Better7 Of The Wealthiest Universities In The WorldMind-Bending Technology That Was Predicted Before It AppearedTop 10 Most Romantic Nations In The WorldYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime6 Incredibly Strange Facts About HurricanesSome Impressive And Almost Shocking Robots That Exist7 Universities In The World Where Education Costs Too MuchEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouBirds Enjoy Living In A Gallery Space Created For Them10 Risky Jobs Some Women DoThe Models Of Paintings Whom The Artists Were Madly In Love With The 30-year-old British boxer believes some celebrities and sportsmen cut themselves off from their fans but he’ll always remember that he comes from humble beginnings just like many of his supporters. Speaking on JD Sports’ new ‘In The Duffle Bag’ podcast, Anthony said: ”I think famous people act famous because they’re scared to interact with people they don’t know, fame is distancing yourself from reality, you think you’re different from most people. ”The difference is I’m not shy of people. I’m not like that, I’m not really into all that fame stuff to be honest.” AJ – who is a two-time heavyweight world champion and Olympic gold medallist – will never lose touch with his roots and he’d rather meet normal people as opposed to the rich and famous. The pugilist – who was born and grew up in Watford, England, to Nigerian parents – said: ”I’m still roots, I’m going to go to Nigeria soon to connect with certain people and they’re like, ‘Ah you’ve got to meet this governor,’ and I’m like, ‘Nah take me to the ghetto.’ ”A person who is running a million dollar company doesn’t need any inspiration from me, but the person who is trying to get out of their situation that needs some support, may need some inspiration. ”When I link up with all my boys and we talk about where we grew up and we all talk about the old days which was only 10 years ago, so still we connected, still well respected, and that’s the main thing. I haven’t distanced myself so far from what’s real in my opinion.” AJ also hinted that he plans to go into the world of business once he retires from boxing. He said: ”I have to sell myself and educate myself and the game, I have a shelf life … I have to build myself and my value before I stop boxing and go into my next life so that’s why it’s important to be business minded as an individual because I am my own brand at the minute. ”I thought the business world is a lot harder than fighting, I’ve created a great team and I can focus on being the best version of the boxer I’m trying to be right now. I’ve gone through tough times; not just in boxing but the business world … it’s tough. But now I can focus solely on my boxing. read also:Joshua receives huge pay to fight Wilder, Fury in Saudi Arabia ”I have all these business men who’ve been to the best schools and universities in the country and I am discussing business with them and I’m fighting my corner as the AJ brand, I had to learn the intricacies of what being a business man is all about it.” FacebookTwitterWhatsAppEmail分享 last_img read more

Sterling excited by City challenge

first_img “I’m just glad it’s all over and done with and I can’t wait to get on the training field. “The thing that excites me the most is the world class squad we have and knowing we have a team that is capable of winning things year in, year out. “The more quality players that are around you, the more quality it brings out in you so I can’t wait to get started and play alongside them.” Sterling, who will wear the No.7 shirt worn in the past by City favourites such as Mike Summerbee, Georgi Kinkladze, Stephen Ireland and James Milner, was also grateful to his previous managers despite his protracted exit from Anfield. “It has been a long journey from QPR and I’d like to thank a few people who have helped me along the way,” he said. “I’d like to thank Rafa Benitez for taking me to Liverpool as a 15 year-old – that was a massive step for me and a new challenge. “Also to Kenny Dalglish for showing such faith in me and putting me in at such a young age. “I want to thank Brendan Rodgers for giving me a chance and an opportunity in the first team, giving me my full debut – against City funnily enough – and giving me a real chance to cement a place in the first team and show the world my talents. The 20-year-old England international became British football’s most expensive player on Tuesday when he signed a five-year contract at the Etihad Stadium to complete a move from Liverpool which will be worth up to £49million. “It’s a good feeling and this is really happy time for me and my family,” Sterling told the club’s official website, www.mcfc.co.uk. “Finally, I’d also like to thank all the people around me – my mum and sisters, my management team and (agent) Aidy Ward for helping me focus and get where I am today. I just wanted to say a big thank you to everyone.” Sterling passed a medical and completed the remaining formalities of the deal on Tuesday and he will fly out to meet up with his new team-mates in Australia within the next 24 hours. He is City’s record signing, surpassing the sums previously paid for Carlos Tevez and Sergio Aguero, after drawn out talks with Liverpool. City had two previous bids rejected before finally reaching a deal. Manager Manuel Pellegrini was delighted to finally get his hands on the player after that prolonged pursuit. He said: “Raheem Sterling is one of the best attacking players in world football and I am very much looking forward to him joining our squad out in Australia later this week. “He is a young player with outstanding ability and I am sure the Manchester City fans will be very excited about seeing him in action for the team.” City’s interest in Sterling had been an open secret for some time, but the Reds were desperate to retain his services as they braced themselves for an approach. However, they were fighting a losing battle from the moment he told Rodgers he wanted to leave following his return for pre-season training, and his request not to be included in the party for the club’s pre-season trip to Australia and the Far East sparked claims of a bust-up, something the Jamaica-born forward’s camp has strenuously denied. Sterling began his career at QPR and joined the Reds for an initial fee of £600,000 as a 15-year-old in 2010. He was handed a senior debut as a 17-year-old and was twice named the club’s young Player of the year. He will now face the prospect of competing with the likes of Aguero, Wilfried Bony, Edin Dzeko, Samir Nasri, Jesus Navas and David Silva at the spearhead of a City side which finished a distant second to Barclays Premier League champions Chelsea last season. Raheem Sterling believes the most exciting aspect of his record-breaking transfer to Manchester City is being able to play alongside so many world class players. Press Associationlast_img read more

Carjacked Disabled Dog Found Dead

first_imgTragic news, a disabled dog stolen with her owner’s car has been found dead.Last week, Wanda Ferrari left her beloved dog Zorra in her air-conditioned car as she went into a store last week. That’s when someone stole her car.Zorra was a rescue dog. Her back legs were paralyzed and she had to use a pink wheelchair to get around.Overnight police recovered the stolen car in Lauderdale Lakes and found Zorra dead inside.Watch video of the carjacker taking the vehicle here.last_img

Taylor, Fletcher lead Windies women to win over Ireland

first_imgCMC – WEST Indies captain Stafanie Taylor’s aggressive half-century and a four-wicket haul by Afy Fletcher led them to a comprehensive 64-run win over Ireland in the first of three T20 internationals here Sunday.Taylor’s knock of 75 from 53 balls was the backbone of the Windies’ eventual total of 139 for four from their 20 overs, after winning the toss and choosing to bat.But it was their disciplined bowling effort which paved the way for an emphatic victory.Only Kim Garth, who topscored with 46 got into double digits, as Fletcher ran through the lower order to help dismiss Ireland for only 75 with eight balls left in the contest.The home side got off to a horrible start when Gaby Lewis lost her wicket in the first over, bowled by Shamilia Connell.Garth joined Mary Waldron at the crease and the two shared a 31-run stand for the second wicket, the largest partnership of their innings.But when Waldron was run out by Fletcher for six, Shauna Kavanagh went one run later and she was quickly followed by Una Raymond-Hoey for a duck, as Ireland slipped to 34 for four.Soon after, Rebecca Stokell became the first of Fletcher’s victims, trapped leg before wicket for just five.Fletcher also accounted for the wickets of Louise Little for three and Lara Maritz for one, before dismissing Garth, who was the last wicket to fall with Ireland well short of their target.Captain Laura Delany was unable to bat after being injured.Fletcher finished with the spectacular figures of four for 14 from 3.4 overs, while Chinelle Henry grabbed two wickets.Earlier, Taylor produced a captain’s knock to almost single-handedly guide the Windies to their total.She first shared a 47-run, second-wicket stand with Britney Cooper, who made 17 and then posted 75 runs with Shemaine Campbell (20) for the third wicket.Taylor was eventually dismissed with nine balls left, with the score 128 for three in the 19th over.She struck 11 boundaries and one six during her hour-long innings.Henry then struck two boundaries in a quickfire nine to bring the innings to a close on a high.last_img read more

IOC Makes History, Awards Olympics 2024, 2028 Same Day

first_imgThe Session of the International Olympic Committee (IOC) meeting in Lima, Peru, Wednesday elected Paris as host city of the Games of the XXXIII Olympiad 2024 and Los Angeles as the host city of the Games of the XXXIV Olympiad 2028.“Congratulations to Paris 2024 and Los Angeles 2028! This historic double allocation is a ‘win-win-win’ situation for the city of Paris, the city of Los Angeles and the IOC,” said the IOC President, Thomas Bach. “It is hard to imagine something better. Ensuring the stability of the Olympic Games for the athletes of the world for the next 11 years is something extraordinary,” Bach commented.“These are two great cities from two great countries with a great Olympic history. Both cities are very enthusiastic about the Games and are promoting the Olympic spirit in a fantastic way,” Bach added.While celebrating the decision, Paris and Los Angeles both expressed their excitement in bringing home the Olympic Games.The idea of a Tripartite Agreement came to light after a working group of IOC Vice-Presidents studied the possibility of a double allocation of the Olympic Games 2024 and 2028. The working group was set up in March 2017.With the blessing of the 130th IOC Session that met in Lausanne in July, the IOC, Los Angeles, Paris and their National Olympic Committees have been working together in order to reach the agreement that was ratified by the IOC Session today.Los Angeles and Paris have put together very inspiring projects. Both have embraced Olympic Agenda 2020, particularly in the way they are planning to use a record-breaking number of existing and temporary facilities.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

USC men’s basketball team lacks consistency

first_imgInterim USC coach Bob Cantu picked up his first victory of the season Saturday night in a thrilling 69-68 victory over the Oregon State Beavers. The Trojans scored the go-ahead bucket with less than five seconds remaining and sealed the contest by blocking junior forward Devon Collier’s shot as time expired.But the game should never have been so close. It’s far too early to judge Cantu on his performance, but the same can’t be said for this group of players. Recently dismissed USC coach Kevin O’Neill was the sacrificial lamb for a team that was hovering around mediocrity, and he certainly deserves blame for failing to deliver a winner. Ultimately, though, the Trojans — who nicknamed themselves the “second- chance kids” — have been a model of inconsistency all season long.The biggest example of inconsistency stems from the backcourt. Senior point guard Jio Fontan has essentially been given a free pass from the coaching staff all season long, despite the fact that he’s shooting just 32.5 percent from the field. In USC’s win over Oregon State, Fontan finished with eight points (his season average is 8.4) and 10 turnovers. Coming back from an ACL injury, as Fontan is doing, is certainly never easy. I sympathize with his recovery and am glad he’s been able to return to the court. But his play just hasn’t been up to par compared to what was expected of him.Junior guard J.T. Terrell is also struggling. He was benched earlier in the season for poor play, and, since his return to the starting lineup, has shot the ball slightly better. There isn’t a body of work that would point to him keeping that up, though. He’s still shooting a dismal 32.4 percent from the floor and just 32.7 percent on his 3-point attempts (same as Fontan). USC’s starting guards were supposed to be the team’s strength before the year started. Instead, Fontan and Terrell have been the poster boys for erratic performances. This team won’t pull off any Pac-12 upsets unless the duo starts shooting the ball at a higher clip, at least converting on closer to 40 percent of their attempts.The rest of the roster isn’t absolved from blame either. Sophomore forward Byron Wesley has been turning in better stat lines of late but also had a string of five straight games with less than 10 points. Junior forward Dewayne Dedmon is playing less than 23 minutes per game, moving in and out of the lineup with junior center Omar Oraby. Junior forward Ari Stewart and senior forward Renaldo Woolridge, two transfers who were expected to contribute for the Trojans, are averaging less minutes per game than freshman walk-on guard Chass Bryan.The one exception to what has otherwise been a roller-coaster ride on both sides of the court is senior forward Eric Wise.The UC Irvine transfer, who was responsible for the game-winning block against the Beavers, leads the team in points per game (12.5), field goal percentage (51.7), and is second in rebounds (4.9) plus third in assists (1.5). He’s scored in double figures in all but three games and has emerged as USC’s most dependable player by far.Wise still isn’t counted on to be the de facto No. 1 option when he’s on the court, but he ought to be. He has established himself as the lone go-to player on a team that struggles to find consistent output on a game-by-game basis.Ultimately, there’s a difference between having a bevy of depth and not being able to find a dependable group of players who can log major minutes. This team’s identity entering the season built upon “us against the world” mentality. Most of the players didn’t have much experience playing with each other, but that was supposed to unite them collectively. Now we’re nearing February in the heart of conference play and the Trojans don’t look much closer to figuring things out. It’s possible this group just isn’t capable of developing a cohesive unit as currently constituted. But the talent is still there, and there’s precious little time remaining to right the ship.It’s now or never for the “second-chance kids” to live up to their nickname, or this season will end with USC as an afterthought in the Pac-12. “The Fifth Quarter” runs Wednesdays. If you would like to comment on this story, visit DailyTrojan.com or email Alex at ajshultz@usc.edu.last_img read more

Stratagem launches partnership with Offsidegaming

first_img DOWNLOAD: BtoBet’s report on East Africa betting potential May 27, 2020 Offsidegaming is a large sports and casino provider with partners currently trading in Latin America, Africa and Eastern European markets. Its complete range of products includes a top-level sportsbook, casino, live casino, and virtual sports. Submit Charles McGarraugh, CEO at Stratagem Technologies added: “Offsidegaming are industry leaders and we are delighted to have partnered with them to offer our AI toolkit and deliver real-time quantitative analysis across a range of sports. Over the past few months we’ve seen the culmination of many years R&D on our AI and machine learning data model, providing a solution that can now work across multiple sports.” Share StumbleUpon SBC to host first dedicated virtual event for Latin America May 19, 2020 Sharecenter_img London based, Stratagem Technologies (www.stratagem.co) has announced its new partnership with sports betting and casino solutions provider Offsidegaming. As part of the partnership, both companies will work together to build powerful predictive models to further automate Offsidegaming’s sports betting offering. Geoff Read, CEO at Offsidegaming commented: “We selected Stratagem’s solution based on their track record of success in sports trading and the ability of their intelligent software to provide fast quantitative insights, leading to a highly efficient pricing model at low cost. The addition of these models will further strengthen the offer to our partners and their players.” Will Whitehead, mkodo: Achieving sportsbook and casino differentiation through UX April 29, 2020 Stratagem’s proprietary AI solutions, which have been in research and development for four years, work alongside customers’ qualitative analysts, providing low-cost, efficient, and accurate sports game predictions from historic and in-game data, using machine learning to become more intelligent over time. Related Articles Stratagem’s solution enables operators to outsource quant teams at significantly less cost. The result is a modern, automated system which provides high quality predictions and efficient pricing.last_img read more

U.S. Open 2019: Gary Woodland holds on for win at Pebble Beach

first_imgGary Woodland is a major champion for the first time.The 35-year-old shot a 2-under 69 on Sunday to come away with the win at the 2019 U.S. Open. He finished the tournament at Pebble Beach 13 under overall. U.S. Open 2019: Tiger Woods explains how he turned his ’round around’ U.S. Open 2019: Amateur Viktor Hovland breaks Jack Nicklaus’ record When he needed it most.@GaryWoodland wows with the wedge.He’ll take a 2-shot lead to 18. pic.twitter.com/H522Q3AUFx— PGA TOUR (@PGATOUR) June 17, 2019Woodland held off Brooks Koepka, who birdied four of his first five holes Sunday. Koepka, however, came up short after bogeying 12 and shooting six straight pars to close out the tournament.  Koepka entered the weekend as the two-time defending U.S. Open champion.Rory McIlroy was 1 over Sunday and finished in a tie for ninth. Tiger Woods overcame a poor start to shoot a 2-under 69 to tie for 21st. U.S. Open 2019: Gary Woodland uses lessons learned on court at Pebble Beach “Just keep fighting,” Woods told reporters about his mindset. “Just because I got off to a bad start doesn’t mean it’s over. Keep grinding, keep playing. And I was able to turn my round around today as well as yesterday. So, rounds that could have easily slipped away and kind of gone the other way pretty easily I was able to turn it around.”First eight holes for Tiger Woods:BogeyBogeyParParBogeyBogeyBirdieBirdie pic.twitter.com/wYPVGld8dH— PGA TOUR (@PGATOUR) June 16, 2019Amateur Viktor Hovland was 4 under for the tournament and tied for 12th. 🏆 @GaryWoodland has won the U.S. Open!It’s his first career major championship victory.#LiveUnderPar pic.twitter.com/Gk9yeB6kQj— PGA TOUR (@PGATOUR) June 17, 2019Woodland recorded four birdies and two bogeys during the final round to secure the victory.  Woodland entered the Open with three career victories, the last of which came at the Waste Management Phoenix Open in February 2018. Related Newslast_img read more