29 Sep

Asset-backed arrangements set to increase on dismal triennial valuations

first_imgThis has added around £2bn (€2.4bn) to the value of ABC arrangements, taking the total to more than £7bn.The firm expects this year to add substantially more given the funding situation from 2013 triennial reviews.Actuarial funding levels for schemes with 2013 dates, which will be finalised this year, will see substantial falls due to market conditions.The fall in funding for schemes that ran valuations in 2009 and 2012 was not as drastic.David Fripp, pensions partner at KPMG, said market conditions were still partly responsible for last year’s growth.“These conditions have persisted into 2014, and we’re finding that increasing numbers of companies and trustees are turning to ABCs to fund part or all of their deficits,” he said.KPMG also said the expectation of rising Gilt yields would make the arrangements even more popular.Schemes are concerned about current ‘artifical’ deficits and future surpluses, which can be alleviated by ABCs.KPMG’s analysis also found the average size of ABC arrangements fell substantially as popularity increased, as smaller schemes gained access to the option.The average ABC value between September 2012 and October 2013 was just £83m compared with £141m in 2010-11 and £323m in 2009-10.This was combined with an increase in the proportion of scheme assets being used.Five arrangements were valued at more than 20% of scheme assets in 2013, compared with two in 2012, and one a year earlier.Also increasing in popularity were longer-term arrangements, with 2013 seeing three deals reach the maximum 25 years.Five ABCs were put in place with terms ranging between 20 and 25 years, the first in more than two years.KPMG said updated guidance from the Pensions Regulator (TPR), released last year, would also increase interest in ABCs.Fripp added: “The guidance provides a helpful framework for companies and trustee boards to assess ABC proposals, which may make the implementation process more straightforward.” The use of asset-backed funding arrangements in UK pension schemes is expected to grow further this year after 2013 saw a substantial rise in the number of arrangements.Research by consultancy KPMG showed there were more than 20 arrangements put in place in the year from October 2012, accounting for almost half the number of deals to date.Its analysis found 13 deals were announced in the first half of 2013, the highest for any half-year.By comparison, only five were announced in the same period in 2012.last_img read more

23 Sep

Cincinnati Reds 2020 Schedule Update

first_imgCINCINNATI – The Cincinnati Reds and Major League Baseball announced the updated 2020 Schedule today. Click here to view it, and click here for the printable version. Cincinnati Reds President of Baseball Operations Dick Williams today also announced that the Cincinnati Reds and Detroit Tigers will play a pair of exhibition games before their July 24 season opener.The teams will finish Summer Camp with a 6:40 p.m. game at Great American Ball Park on July 21 and a 6:10 start on July 22, followed by an off day on July 23.The Reds and Tigers begin the 2020 championship season at 6:10 p.m. on July 24 at Great American Ball Park.last_img read more

17 Sep

Despite injury, Fuller remains positive

first_imgLife can sometimes feel like a constant struggle to stay the course.  For redshirt junior forward Aaron Fuller, this idea held true. Coming out of high school, he knew he wanted to play college basketball, and he knew he could do it at a high level.  All he needed was the chance.  So when the University of Iowa was the only school from a major conference to recruit him, he decided to play there.High scoring · Since transferring to USC and sitting out for a season, redshirt junior forward Aaron Fuller has become a team leader with an average of 15.2 points and 6 rebounds per game. – Chris Pham | Daily TrojanBut after two stellar seasons, Iowa’s coach Todd Lickliter was fired, leaving Fuller in a state of uncertainty. He decided it was time for a change.  At the conclusion of his sophomore year, Fuller decided to transfer to USC.  After all, the decision seemed fairly straightforward: The Trojans were coming off their fourth NCAA Tournament appearance in five years, and the campus was far closer to his hometown of Mesa, Ariz. than Iowa City.“I really wanted to keep playing basketball at a high level at a big conference,” Fuller said. “I wanted to be closer to home.  I have a lot of family out here. USC is a great university and I just wanted to be a part of the tradition.”After sitting out the 2010-2011 season because of NCAA rules, Fuller started the season right back on track. Through his first six games, Fuller became a team leader with an average of 15.2 points and 6 rebounds per game.But after what seemed to be the beginning of another strong season, Fuller was again derailed by unforeseen adversity.“The [shoulder] injury started since the beginning of the season,” Fuller said. “I was kind of just grinding through most of the season and then just hit a point where I wasn’t able to really help my teammates out.“Over time, it just got worse and worse.”As the season progressed, Fuller’s production declined. An already undersized big man at a listed height of six-foot-six, Fuller found it far more difficult to play against bigger opponents at less than full strength.“It’s physical in the paint, so I wasn’t able to use my full strength and go up and get rebounds.  It really did affect my play.”The Trojans began the season already without their starting point guard in senior Jio Fontan, who tore his anterior cruciate ligament during the summer, and sophomore forward Curtis Washington, who also suffered a torn labrum. Already depleted, the team began the year with an all-hands-on-deck mentality that stretched what little depth the roster had to begin with. In the end, though, the strain on Fuller’s shoulder was too much to bear.“We decided to have the surgery right now so I could start the rehab process as soon as possible and get ready for summer workouts.”With the losses beginning to pile up for USC (6-16, 1-8 Pac-12), the last thing the team needs is to lose its leading rebounder and second-leading scorer. And with only six active players averaging more than 15 minutes per game, USC coach Kevin O’Neill is going to have to scramble to find a player (or players) to fill the void left by Fuller in the front court.Early candidates who figure to see more playing time are sophomore forward Garrett Jackson and junior center James Blasczyk, who average 16.2 and 15.6 minutes per game, respectively.As far as Fuller’s future is concerned, he remains optimistic. He and the Trojans have reason to be:  Despite having only one recruit signed on for next year, the team has plenty of newcomers projected to play next season. In addition to the expected return of injured players Fontan, Washington, and, of course, Fuller, transfer players Ari Stewart, a junior forward from Wake Forest, and Eric Wise, a senior forward from UC Irvine, are each expected to contribute right away next season.Stewart averaged 8.5 points per game last season for the Deamon Deacons, and Wise finished his three seasons at UC Irvine ranked 11th in school history in scoring and 15th in rebounds. Those are the kind of numbers the Trojans will hope for next year, but are desperately in need of for the remainder of this season.For now, O’Neill will have to settle for watching two of his most talented players only on the practice floor. Fuller, who went through the same situation a year ago, offers the two transfers advice on how to cope with not playing in games.“I just tell them to keep working hard every day.  Sitting out was tough, not being able to help your teammates. But just keep focusing on next year, because before you know it, you’re going to be playing.”And with a successful surgery and recovery, Fuller will be joining them, right back on track.last_img read more

16 Sep

Sakshi Malik: ‘Please have faith in me, I deserve a better treatment’

first_imgLast Updated: 5th October, 2019 14:36 IST Sakshi Malik: ‘Please Have Faith In Me, I Deserve A Better Treatment’ Rio Olympic bronze medallist Sakshi Malik, feels “low & utterly disappointed” at being ‘dropped’ from the list of SAI’s Target Olympic Podium Scheme (TOPS). COMMENT Written By LIVE TV FOLLOW US SUBSCRIBE TO US WATCH US LIVEcenter_img “I have won a medal for the country in the last Olympics. I am 27 not so old… and I am striving to qualify for the Tokyo Olympics which is just 9 months away. And you drop me from TOP Scheme. I am really disappointed and feel dejected. You cannot judge me by my one failure in World Championship (held in Kazakhstan last month),”  Rio Olympic bronze medallist Sakshi Malik, feels “low & utterly disappointed” at being ‘dropped’ from the list of SAI’s Target Olympic Podium Scheme (TOPS). First Published: 5th October, 2019 14:36 IST Suman Ray The Sports Authority of India came out with its new list on Friday, which “did not continue” with Sakshi as a TOP scheme beneficiary and had preferred to include new faces (young wrestlers).READ | Hardik Pandya Vows Comeback In No Time Post-surgery, Shares Picture’Gross injustice’Her husband Satyawart Kadiyan, the 2014 CWG silver medallist in 97 kg category, feels that “gross injustice” was meted out to Sakshi. “Yeh sahi nahi kiya. SAI ke logo ko samanjhna chahiye thha. Yeh Olympic medalist hai. Commonwealth & Asian Games nahi… (It’s not fair. SAI hasn’t done the right thing with her. She is an Olympic medallist, not a CWG or Asian Games medallist),” he observed.Satyawart said a little more respect and faith was expected from the authorities. “Sakshi pe bharosa hona chahiye thha. Badi wrestler hai. Phir se medal dilayegi. (They should have shown some faith in Sakshi. She will again bring medal),” he added.READ | Azharuddin To Represent Hyderabad At BCCI’s AGM In Mumbai On Oct 23Wrestling Federation of India president Brij Bhushan Sharan Singh also felt bad at the new development. “I feel for Sakshi. She has been there. She still has a chance to qualify and prove her detractors wrong.”Sakshi lost in the first round of the World Wrestling Championship and failed to qualify for the Olympics but she still has two chances or qualifying tournaments in the next four months.Sources in SAI said the sports body just follow the strict rules. “It’s not the end of the road for Sakshi. We can always include her once she qualifies for the Olympics,” he added.READ | Sumit Nagal Reaches Semi-finals Of ATP Challenger Circuit In BrazilREAD | Frank Lampard Delighted To See Abraham And Tomori In England Squad last_img read more

30 Aug

Black Type COO, Stephen Davison: Maximising racing’s expansion

first_img Sky Sports grows American football offering with NFL channel August 14, 2020 Related Articles Premier League looks to broadcast every behind-closed-door fixture August 28, 2020 Share StumbleUpon EFL announces that all non-Sky Sports fixtures will be available to stream August 27, 2020 Black Type is looking to build on a positive 2018 and benefit from a rejuvenated digital approach in the year ahead.We spoke to the operator’s new COO, Stephen Davison on how the brand is looking to elevate its digital offering in 2019, as well as what the changes in racing broadcasting mean for Black Type. SBC: Can you detail the plans and focuses for Black Type in 2019?Stephen Davison: The main plan for Black Type in 2019 is to improve our product. In order to do that, we are going to get a new app, a new desktop website, a new mobile site. This is a big project for us but is something that will greatly improve the user experience. We are very aware that our current app isn’t up to the standard required, particularly compared to the likes of Sky Bet, Bet365 and Paddy Power and whether we like it or not we are competing against them for the same types of customers, so we need to ensure that we are not giving any customers that come to us a reason to leave because the website wasn’t good enough. We will also shortly be adding horse racing related content to our website which will add another string to our horse racing offering. We are also in discussion with streaming providers to get images up on in-play football and tennis. Last and not least, we are expecting to have live streaming on all UK horse racing up on our site in time for Cheltenham.SBC: Can you explain some of the challenges that come with establishing yourselves in what is a saturated market for online betting operators?SD: Whether we like it or not, we are competing for the business of customers who bet with the major bookmakers like Bet365 and Sky Bet. While it is impossible for us to compete with these companies financially, we can perhaps provide a more personal touch to retain these customers. We have to make sure that the experience they get with us is just as good as they get there. That’s why we are investing heavily in improving our website, app, content and CRM tools.SBC: Without an excessive marketing spend, how do you ensure the brand character you are portraying is truly effective?SD: I think there are a number of examples of companies who have gone at things with a huge marketing spend which hasn’t paid off. First of all, the product you are offering needs to be unique, that is worth its weight in gold vs marketing spend, in my opinion. Our uniqueness is we are trying our best to be competitive on price on the sports we want to lay. We are not going to be competitive all the time and we pick our battles, but I would hope that we can be recognised for the fact we are trying to do things a little differently. Once the product is right and the brand has been built up then I think that is then the right time to spend on marketing.SBC: As an operator that places a key focus on horse racing, how much can you benefit from the current broadcasting evolution that the sport is enjoying?SD: With Irish Racing moving to the newly rebranded Racing TV and Sky Sports launching a dedicated Racing Channel to replace At The Races, there has been a huge amount of change but once the dust settles and they get into stride, I believe racing as a product will benefit in the long run. Sky Sports Racing, for example, are now showing racing in HD and their new drone footage and slow-motion footage makes racing more watchable for the regular punter. We will have live streaming available on all our racing in time for Cheltenham which will improve our user experience massively.SBC: What can you do to ensure that you meet the desires of both casual and more committed horse racing punters?SD: One thing which we continue to be very proud about, is that we are very committed on price. If you check our price on the morning of the race on Oddschecker, we will be trying to lay a bet.In terms of our more casual punters, we are looking to introduce more derivative markets. Again, the introduction of live streaming on all UK horse racing will be welcomed by both the casual and more committed horse racing punters. Share Submitlast_img read more

29 Aug

Samuel Eto’o announces retirement from football

first_imgSamuel Eto’o has announced his retirement from all forms of football at the age of 38.The veteran enjoyed an excellent career at the top level of the game, winning numerous trophies with Barcelona and also representing Cameroon at four World Cups.Widely regarded as one of Africa’s greatest-ever players, Eto’o posted on his official Instagram handle: “The end. Towards a new challenge. Thank you all, big love.”Having spent his youth career at Kadji Sports Academy, he joined Real Madrid where he was loaned to Leganes, Espanyol, and Mallorca.His awe-inspiring form in Mallorca saw him join Barcelona in 2004. There, he won two Champions Leagues, four La Liga titles, two Supercopa de Espana and one Copa del Rey. He also became the record holder for most La Liga caps by an African.At Inter Milan, he won his third Champions League under Jose Mourinho’s tutelage and also added Serie A, Supercoppa Italiana, Fifa Club World Cup and Coppa Italia titles to his impressive haul in Italy.He was unable to collect any winners’ medals at Anzhi Makhachkala, Chelsea, Everton, Sampdoria, Antalyaspor and Konyaspor, before a move to Qatar SC.On the international scene, he was the youngest player at the 1998 World Cup after making Cameroon squad at the age of 17.Eto’o claimed gold at the 2000 Olympics as well as two Africa Cup of Nations titles in 2000 and 2002 with four African Player of the Year crowns – a record he shares with Cote d’Ivoire’s Yaya Toure. Source: Goallast_img read more

26 Aug

Joe Maddon to interview with Angels this week

first_imgFormer Chicago Cubs manager Joe Maddon is set to interview with the Angels this week, a source confirmed on Sunday, fueling speculation that the pairing of the Angels and Maddon remains on track.Maddon, 65, is the only confirmed candidate for the Angels manager job, although General Manager Billy Eppler said last week they would conduct a search.The Angels fired Brad Ausmus after he led the team to a 72-90 record in his only season at the helm.Maddon spent 31 years as a player and a coach in the Angels organization. He was a part of the coaching staff for the World Series title team in 2002 under manager Mike Scioscia. Jose Suarez’s rocky start sinks Angels in loss to Astros Maddon has led the Chicago Cubs and Tampa Bay Rays to eight playoff appearances (two World Series appearances), including a World Series title with the Cubs in 2016.Related Articles Newsroom GuidelinesNews TipsContact UsReport an Error Angels’ Mike Trout working on his defense, thanks to Twitter center_img Angels offense breaks out to split doubleheader with Astros Angels’ poor pitching spoils an Albert Pujols milestone Angels’ Shohei Ohtani spending downtime working in outfield last_img read more

17 Aug

Lakers star Anthony Davis doubtful tonight vs. Golden State

first_img Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Lakers, Clippers schedules set for first round of NBA playoffs AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with Packers“I think it’s just looking at the pros and cons of it,” Davis said about possibly resting games. “Obviously if it makes sense and then they give me reasons why, for the betterment of the team, then I guess we can go forward with it.”Davis has acknowledged that his style of play carries some inherent risks. The Lakers’ leading scorer and rebounder (26.3 ppg and 10.4 rpg) has yet to miss a regular-season game, but has made several injury-related trips to the locker room with the team training staff. During the preseason, he injured his thumb, but returned after missing just one game. He first injured his shoulder in the third game of the season against Charlotte, but has played through discomfort.Related Articles Lakers practice early hoping to answer all questions Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers While Davis’ teammates have expressed they want him to stay healthy above all else, he’s also drawn some praise for his approach – most notably from LeBron James.“For him when he’s showing that grit when he’s playing with injuries, there’s no reason for any of us not to be out there as well,” James said of Davis. “He’s been showing everything.”The Lakers will play without Rajon Rondo (calf strain) who returned Tuesday, but has not been medically cleared to play back-to-back games. The Lakers had Troy Daniels (left knee soreness) available in Phoenix, but did not play him as a precaution. Newsroom GuidelinesNews TipsContact UsReport an Error The Lakers could be without Anthony Davis on Wednesday night as the team announced the star forward is doubtful to play against the Golden State Warriors at Staples Center.Davis, who began the week with right shoulder soreness, said he injured his ribs on the same side Tuesday night in the first quarter against the Phoenix Suns. The Lakers were concerned enough to tape the injury during the third quarter of the game, then get X-rays on the area afterward.Although the X-rays revealed no serious cause for concern, the Lakers are still taking caution with their newest franchise star in the second game of the first back-to-back of the season.Davis said earlier in the week that he strongly desired to play despite his shoulder soreness, which has lingered for the past few weeks. How athletes protesting the national anthem has evolved over 17 years last_img read more

16 Aug

Emir Spahić Among 30 Best Footballers of the FC Montepellier

first_imgMontpellier Hérault Sport Club was founded by Louis Nicollin in 1974. The club celebrated this year its 40st anniversary.On that occasion, the official site of the DHMZ organized a selection of the club’s best footballers throughout history. The fans voted for 31 player in total. Among those names there are some great names of the world football like Laurent Blanc, Eric Cantone, Roger Mille, Carlos Valderram and Fleury Di Nalla, as well as four players from the actual Montpellier team Geoffrey Jourdren, Vitorino Hilton Jamel Saihi and Souleymane Camara. Our player Emir Spahić is also on the list.(Source: Klix / photo: backstage.ba)last_img read more

14 Aug

Good Samaritan and 4 rescue workers save two dogs from icy pond

first_imgby Tracy McCue, Sumner Newscow — If dogs could talk, two canines probably would say “thank you” to a good Samaritan and the Wellington Fire and Police Departments.Early on Thursday morning, sometime during the wee morning hours, an adult labrador retriever and collie mix, had ventured out onto an icy pound on the south edge of Worden Park along a set of trees near 22nd Street by the Church of Jesus Christ Latter Day Saints in Wellington. About 25-30 feet from the shore the two dogs fell into thin ice. Wellington Police Chief Tracy Heath said a third-shift worker was walking home from his job at Industrial Park and was taking a shortcut through Worden Park when he discovered the two dogs trapped in the ice at about 7:30 a.m.“I would have to say the dogs had been trapped in the cold water for at least an hour,” Heath said.The good Samaritan called E911. WPD officers Captain Bill Upton, officer Mike Tredway and Heath responded. Tredway and Upton started breaking the ice with a tree limb. The adult lab was able to swim to the edge and get out. However, the collie mix wouldn’t swim and was still trapped. Wellington Fireman Jerry Preston, dressed in a cold water suit, arrived and slid into the ice water and managed to rescue the second dog.Both dogs, estimated to be 70 to 80 pounds, were transported to Wellington Animal Clinic. Dr. Heersche treated the dogs and the owners were eventually contacted and reunited with their animal friends. The dogs are fine, Heath said. “Given the remote location of the pond, I truly think had it not been for the alertness of the Wellington resident, both dogs would have met an unfortunate demise,” Heath said. “Kudos to all who were involved.”This Border Collie was saved in the cold early hours Thursday morning. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (7) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. +9 Vote up Vote down JustMe · 396 weeks ago Bravo to all involved! Report Reply 0 replies · active 396 weeks ago -2 Vote up Vote down Fine em hard · 396 weeks ago Hope the owner was wrote up for allowing their dogs to run loose. Report Reply 1 reply · active 396 weeks ago -4 Vote up Vote down JustMe · 396 weeks ago Too early to the beginning of the month. Had it been at the end of the month, then yeah, probably woulda been. Report Reply +7 Vote up Vote down Wow · 396 weeks ago A pat on the back to the gentlemen walking home and going out of his way to make sure the dogs got rescued. Also, good job to the rescuers doing what they do best. Tracy, thank you for running the story. It is a real feel good piece. Now—–shame on on our local “negative Ned’s/Nellie’s” that can find some way to put a negative twist on something so positive. Did your Momma not hug you enough when you were little or what!!!!!!!!!!! Report Reply 0 replies · active 396 weeks ago +5 Vote up Vote down Thankful Dog Fan · 396 weeks ago Great job. A collie is the best friend a person can have. Thanks to all involved in the effort to save the dogs. Report Reply 0 replies · active 396 weeks ago -3 Vote up Vote down nightowl · 396 weeks ago No my mon didn’t hug me enough whatever that has to do with all the man power to save 2 dogs is beyond me. The law is the law the owners deserve tickets period. People get citations all the time for dogs running loose. Luckily they were not aggressive, they lucked out and lived. Report Reply 0 replies · active 396 weeks ago +3 Vote up Vote down WBTB · 396 weeks ago How come we never heard about the wellington officers who went into a burning house to save a man’s life a couple months ago? nice to see that some of our local heros get thanked for their good deeds/life-saving measures. Report Reply 0 replies · active 396 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more