Dutch minister: APF now important vehicle for consolidation

first_imgThe general pension fund (algemeen pensioenfonds or APF), a new pensions vehicle introduced in the Netherland in mid-2016, has quickly developed into an important player in the consolidation process of the country’s pensions sector, Wouter Koolmees, the minister for social affairs, has said.In a letter to parliament, he said the consolidation vehicle had attracted most of the assets from pension funds that decided to stop operating.Since the introduction of the APF, combined assets managed by the country’s six vehicles had increased to €13.5bn at the end of 2018, Koolmees said.Despite this rapid increase in combined assets, the amount represented no more than 1% of the Dutch entire pensions assets. In the same period, industry-wide pension funds and insurers attracted €7.2bn and €3.6bn of pension assets, respectively, whereas €2.5bn went to a cross-border vehicle.According to the minister, between 2014 and 2018, 133 pension funds ceased to exist – 114 of them were company schemes.In this timeframe, 17 industry-wide pension funds, one occupational scheme and one APF also stopped operating.Koolmees added that the consolidation process had boosted the number of participants and pensioners at sector schemes by 115,000. APF’s and insurers gained 79,000 and 72,000 members, respectively.The combined number of participants and pensioners of APFs stood at 108,000 at the end of 2018. This equated to 0.6% of the total for the Netherlands, said the minister.The same percentage went for the combined pension contributions of €194m received by the consolidation vehicles.At the end of 2019, the number of active pension funds in the Netherlands had dropped to 187. In addition, almost 50 schemes were in liquidation.VNU, Goudse Haven, Ford Nederland and Nedlloyd Pensioenfonds have been a few of those schemes that since the beginning of the year have either transferred their pensions accrual to pension insurers or an APF, and will be liquidating subsequently.last_img read more

Pot and teens – I’m a mom and a doctor, here’s what I tell my own teenagers

first_imgFox News 2 March 2019Family First Comment: “Many teenagers believe marijuana is harmless because they consider it natural – it comes from a plant rather than a lab. But heroin, psychedelic mushrooms and other harmful drugs also come from plants. Some plants are even poisonous. In addition, today’s marijuana plants are grown differently than in prior decades and can contain two to three times more tetrahydrocannabinol (THC), the addictive ingredient that causes the sought-after psychoactive and mood-related effects – the marijuana high. It doesn’t help that marijuana can be consumed in different ways. It can be smoked, mixed into foods and even brewed as tea. This may be enticing to the younger population. But as research and discussions continue, it is becoming clear that both short-term and long-term marijuana use can cause serious problems with physical and mental health.”#VoteNopeToDopeThere’s been an alarming rise in teenage marijuana use across the U.S. and it’s now at its highest level in 30 years. One reason may be that 10 states and the District of Columbia now allow recreational use of pot by adults, while 33 states have legalized medical marijuana.Lawmakers in other states are considering legalization of the drug.There’s a common misconception that marijuana is safer than alcohol and other drugs. As a medical doctor I know that marijuana is far from harmless and can have serious damaging effects on the health of users. A growing body of research confirms this.And as a mother of three sons (one in college), I worry that legalizing the drug for adults sends a clear message to children that they can get high on pot with no negative impact on their health.Yet a growing number of Democratic presidential hopefuls are calling for nationwide legalization of marijuana, realizing this is a politically popular cause, particularly among young voters. These candidates appear more interested in how their endorsement of legalized pot will affect their election hopes than in how legalization will affect public health.READ MORE: https://www.foxnews.com/opinion/pot-and-teens-im-a-mom-and-a-doctor-heres-what-i-tell-my-own-teenagerslast_img read more

Rohr monitors fitness rate of Super Eagles

first_img “There is only one big injury which is Uzoho because he is out for several months but the other ones like Osimhen will be okay very soon and is already better “Omeruo has only a knock on the head, Kalu whom I saw, is already nursing a comeback this weekend,” Rohr told AOI. “For Moses Simon, we have to wait to know the extent and for Ndidi he is resting very well and will be fit very soon and then we have a little injury for Etebo but its not a big one.” Read Also:AFCON 2021 qualifiers: Rohr submits Eagles’ list The Super Eagles are currently top of Group L with six points after beating both Benin Republic and Lesotho in their opening two games and victories over Sierra Leone will guarantee a place at the tournament proper. FacebookTwitterWhatsAppEmail分享 Super Eagles coach, Gernot Rohr, is monitoring the fitness rate of all his players at home and abroad. Super Eagles  The coach has provided updates on the injuries that have left several top players doubtful for the 2021 Africa Cup of Nations (AFCON) qualifiers against Sierra Leone. The Super Eagles will restart their quest of qualifying the country for next year’s African cup of nations with a doubleheader match with neighbours Sierra Leone next month. However, the team is currently face with some challenges as striker Victor Osimhen, defender Kenneth Omeruo and winger Moses Simon picked up different injuries over the weekend. Gernot Rohr has now played the fear of prosecuting the two games without his strongest armies, he later expressed optimism that the players will be fit for the double-header against Sierra Leone.Advertisement Loading… center_img Promoted ContentA Hurricane Can Be As Powerful As 10 Atomic Bombs2020 Tattoo Trends: Here’s What You’ll See This YearBirds Enjoy Living In A Gallery Space Created For Them10 Risky Jobs Some Women DoWho Is The Most Powerful Woman On Earth?Top 10 Most Romantic Nations In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More6 Major TV Characters We Were Relieved To See Leaving The ShowCan Playing Too Many Video Games Hurt Your Body?A Guy Turns Gray Walls And Simple Bricks Into Works Of Art6 Incredibly Strange Facts About Hurricanes5 Of The World’s Most Unique Theme Parkslast_img read more

Zubiri pushes for creation of Bacolod City General Hospital

first_imgLeonardia, in a phone call with the senator on July 2, also appealed to Zubiri to work on the maximum participation of the national government in the establishment of the hospital, along with its maintenance and operation. The mayor also thanked Zubiri for filling the measure. His Senate Bill (SB) 1647, which was received by the Senate’s Office of the Secretary on July 1, is the counterpart of House Bill 6731 authored by Bacolod City Lone District Representative Greg Gasataya and passed on third and final reading on June 3. In the explanatory note, Zubiri said the hospital is “envisioned to provide health care to the people of the Lone District of Bacolod.” Senate Majority Leader Juan Miguel Zubiri has filed a bill seeking for the creation of another tertiary government hospital in Bacolod City. He said the hospital is “envisioned to provide health care to the people of the Lone District of Bacolod.” PNA Section 2 of SB 1647 stated that the city government shall provide funding for the establishment, operation, and maintenance of the BCGH. “Thus, this measure will address the overcrowding in the said health facility and will provide the people of Bacolod City a better quality of health care services,” he added. “We would prefer the national government to fund much of this project because it would be burdensome for the local government. We would like to lessen the expenses of the city,” the mayor said in a statement. Gatasaya expressed his gratitude to Zubiri and Bacolod City Mayor Evelio Leonardia on July 2 for backing his efforts to give more quality and accessible health care services to Bacolodnons. MANILA – The creation of the Bacolod City General Hospital is being pushed by Senate Majority Leader Juan Miguel Zubiri. “The whole province of Negros Occidental shares only one tertiary government hospital. This is unthinkable given how Bacolod City alone has a population of over half a million people,” Zubiri said. He noted that the Corazon Locsin Montelibano Memorial Regional Hospital (CLMMRH) is currently the lone tertiary government hospital attending to the whole of Negros Occidental.However, with only 400-bed capacity that serves a daily average of 724 patients, the CLMMRH needs to decongest its load in order to attend the needs of its growing number of patients. In response, Zubiri assured the mayor that he would amend the bill and allocate a budget for it next year. Bacolod is the most populous city in Western Visayas. “The people of Bacolod have a right to proper health care services. I’m with them on that. I am committed not only to pushing for the passage of this bill but also to making the necessary budget allocations once it’s passed the legislative gauntlet,” Zubiri said. (With a report from PNA/PN)last_img read more

Trojans Win Girls Track Sectionals And Bulldogs Win Boys Track Sectionals

first_imgCongratulations to The East Central Lady Trojans and The Batesville lady Bulldogs on winning The Track Sectionals.  EC won at Franklin County on Tuesday and Batesville won at East Central on Thursday.2016 Girls Track Sectionals @ Franklin County2016 Boys Track Sectionals @ East Central1st, 2nd, and 3rd place sectional winners in all individual events and relays plus any individual or relay team meeting the 3 Participant Standard in the sectional finals of their event. If the top 3 finishers plus 3 Participant Standard advancers in an event is less than 16, the next best performances from the corresponding sectionals shall be added to bring the total number of entrants to 16 in each event.  An individual or relay team shall not advance to the regional from the sectional finals unless the time is recorded by fully automatic timing (FAT).The Girls Track Regionals will be taking place on Tuesday, May 24th at Warren Central and The Boys Track Regionals will be taking place on Thursday, May 26th at Franklin.Courtesy of the IHSAA.last_img read more

Pardew cagey over Cabaye

first_img Press Association Newcastle boss Alan Pardew wants to move on quickly after a harrowing first night of the season. Pardew said: “Up until then we had given a very good account of ourselves, against a very good side. “We tried to be positive and threaten the goal a few times.” Yet had Newcastle goalkeeper Tim Krul not been in good form, City could have won even more convincingly. Edin Dzeko also spurned a number of chances and Alvaro Negredo had a late goal disallowed. Pardew said: “I think there are going to be a lot of teams who will struggle here. They have got some fantastic talent. “When you get the options that they have and look at them on the bench, let’s be honest these teams – in terms of finance and quality – make it very, very difficult for the rest of us in the Premier League. “That was a case in point. There will be better teams than us struggle at this ground, for sure.” The Magpies had a man sent off in a 4-0 thrashing at Manchester City that came just hours after an unsettling bid from Arsenal for key player Yohan Cabaye. Pardew had said his team were “more than ready” for their opening test at the Etihad Stadium but his plans were thrown into disarray by Arsenal’s offer, thought to be £10million, for Cabaye. The Frenchman was pulled out of the Barclays Premier League game and without him the team struggled, conceding inside six minutes and losing Steven Taylor to a straight red card for swiping at Sergio Aguero. City were rampant, scoring through David Silva, Aguero, Yaya Toure and Samir Nasri to leave Pardew with much to ponder. “I would rather focus on what for us has been a tough day,” said Pardew in response to questions about Cabaye. “We have 37 games to go and we need to make sure we don’t let this game emotionally scar us.” City have spent close to £90million freshening up their squad for new manager Manuel Pellegrini over the summer. Such investment puts them in a different league to the likes of Newcastle, but Pardew felt his team showed some spirit. Although 2-0 down, he thought the Magpies competed well until Taylor’s sending off early in the second half. The defender swung out an arm at Aguero as the pair challenged for a high ball. last_img read more

Update on the latest sports

first_img Associated Press — New Jersey Devils defenseman P.K. Subban and the NHL are bringing something new to television Saturday for fans dealing with the isolation and hardships caused by the coronavirus outbreak. It’s NHL Hat Trick Trivia. Subban is the host of the weekly 30-minute show in which contestants will answer up to three hockey trivia questions for prizes, the top one being two tickets to any game next season. Everything is filmed remotely with Subban hosting the show from his living room in Los Angeles, in the house he shares with fiancee and Olympic gold medalist Lindsey Vonn. Contestants are filmed at their homes and there is a guest player every week.— Basketball’s Sabrina Ionescu, soccer’s Carli Lloyd and swimming’s Katie Ledecky are among the athletes who will help young girls and women stay mentally and physically fit during the coronavirus pandemic. The Women’s Sports Foundation and Yahoo Sports are launching #WeKeepPlaying, a live-stream event on Saturday at 4 p.m. EDT. They’ll join tennis great Billie Jean King and former Secretary of State Condoleezza Rice in taking questions from young athletes and providing tips on resilience and training. Sports broadcaster Cari Champion will moderate the hour discussion, streamed on YahooSports.com.— The defending soccer champions in Belarus have started putting mannequins in the stands as fans stay away from stadiums because of the coronavirus. Dynamo Brest has been selling “virtual tickets” to games. Those give foreign fans the right to have a mannequin with a cut-out photo attached. It comes as fans at many clubs have said they will boycott games because the virus makes going to the stadium too risky. Keeping sports arenas open has been part of Belarusian President Alexander Lukashenko’s unconventional approach to the coronavirus. He has said there is no need to close workplaces and public events.NFL-NEWSAP Source: LA Rams trade WR Brandin Cooks to Texans — The U.S. Olympic swimming trials have been rescheduled for June 13-20, 2021 in Omaha, Nebraska. The trials were initially scheduled for June 21-28 in a temporary pool at the CHI Health Center Omaha. The trials are the sole qualifier for U.S. Olympic team, with the top two finishers in each event earning a trip to Tokyo. The original 15-session, eight-day schedule will remain for the rescheduled trials.— Florida State offensive lineman Andrew Boselli says he and his famous father are both recovering from COVID-19. The son of former NFL lineman Tony Boselli writes on Florida State’s athletic department website that he dealt with the worst of the virus for about three days. The Seminoles lineman wrote he “spent days feeling miserable” and his healthy 47-year-old father with no underlying health conditions “spent three days in the intensive care unit.” Tony Boselli is now back home.— The Milwaukee Bucks have established an emergency relief fund for part-time employees of FiServ Forum, the team’s home arena. The Bucks Emergency Relief Fund will provide financial relief for part-time employees of the arena’s food and beverage provider, housekeeping employer and parking partners. The relief fund also will assist part-time employees at the Menominee Nation Arena. That’s the home arena for the Wisconsin Herd, the Bucks’ NBA G League affiliate. Several players, including Giannis Antetokounmpo (YAH’-nihs an-teh-toh-KOON’-poh) and Khris Middleton have contributed. Bucks ownership is matching all player donations.— The XFL has suspended operations and laid off its employees. Employees were told of the layoffs Friday during an in-house conference call. The upstart league backed by WWE canceled the remainder of its season last month because of the coronavirus pandemic, but promised to be back in 2021. The moves have left the league’s future in doubt. The XFL has eight franchises and played five games out of a planned 10-game schedule.— Blake Snell, Juan Soto and Bo Bichette are among the baseball stars switching over to PlayStation with America’s pastime on hold. Thirty big leaguers — one from each team — have signed on to play a round-robin regular season on the MLB The Show video game with the real season on hold due to the coronavirus pandemic. Snell, a Cy Young Award winner with Tampa Bay, will face Cincinnati reliever Amir Garrett in the opener Friday night. That matchup will air on Snell’s Twitch feed, and other games will be streamed via Twitch and YouTube with MLB Network host Robert Flores providing commentary. Update on the latest sports Garza was runner-up to Dayton’s Obi Toppin (OH’-bee TAH’-pihn) for Associated Press national player of the year after becoming the first Big Ten player to average at least 26 points per game in conference play since Purdue’s Glenn Robinson in 1994.Garza scored a school-record 740 points this season, breaking the program’s 50-year old record. He scored 20 or more in a school-record 16 straight Big Ten games.Coach Fran McCaffery says he supports Garza’s decision. Garza must withdraw from the draft by May 29 to remain eligible at Iowa.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 MacDermid has scored 13 points with 115 penalty minutes during parts of three seasons with Los Angeles.MacDermid signed with the Kings as an undrafted free agent in 2012. He spent parts of the past four seasons with the Kings’ AHL affiliate in Ontario.COLLEGE BASKETBALL-IOWA-GARZAIowa’s Garza enters draft, keeps college eligibility for nowIOWA CITY, Iowa (AP) — Iowa All-America center Luka Garza announced he’ll enter the NBA draft process without an agent so he can maintain his college eligibility. NHL-KINGS-MACDERMIDLA Kings sign MacDermid to 2-year contract extensionLOS ANGELES (AP) — Defenseman Kurtis MacDermid has agreed to a two-year, $1.75 million contract extension through the 2021-22 season with the Los Angeles Kings.The Kings announced the deal Friday.MacDermid has become a regular on the blue line for the Kings this season, getting three goals and five assists in a career-high 45 games. He was frequently teamed up with Sean Walker in Los Angeles’ third defensive pairing. Share This StoryFacebookTwitteremailPrintLinkedinRedditVIRUS OUTBREAK-SPORTSNationals report 1 positive test, not a playerUNDATED (AP) — Washington Nationals general manager Mike Rizzo says one team employee — not a player — tested positive for the coronavirus and is “on the road to getting better.” April 10, 2020 UNDATED (AP) — The Los Angeles Rams are trading receiver Brandin Cooks to the Houston Texans, according to a person familiar with the deal. The NFL Network reported the Rams will get a second-round pick while sending a future fourth-rounder to Houston.Cooks will help the Texans replace DeAndre Hopkins, who was traded to the Arizona Cardinals last month for running back David Johnson and two draft picks. While Cooks hasn’t matched Hopkins’ superstar play, Cooks is a fast, steady deep threat who has five 50-reception seasons over his six-year career. Cooks posted 1,000-yard seasons for each of his first three NFL teams: New Orleans, New England and Los Angeles.In other NFL news:— Todd Gurley is celebrating a homecoming to the state of Georgia. The former standout for the University of Georgia has agreed to a one-year contract with the Atlanta Falcons. He is expected to replace Devonta Freeman, who was cut, as the team’s top running back. The framework of the deal was agreed to on March 20, less than 24 hours after Gurley was released by the Los Angeles Rams, and finalized this week. Gurley says he is not worried about passing a physical. He was one of the NFL’s top running backs with the Rams and says he has no doubt he can still meet that standard. — The Dallas Cowboys signed cornerback Saivion Smith on Friday, adding the former XFL player about the same time the spring league announced it was suspending operations. Smith played for Houston, which was the only undefeated team in the XFL when the league stopped playing last month after five games because of the new coronavirus outbreak. Smith led Alabama with three interceptions in his only season in 2018. Rizzo says no players for the reigning World Series champions have shown any symptoms of COVID-19 at any point and so no one has been tested. He said the team’s medical staff checks in each day with every player and staff member.Rizzo said the employee who got the illness was at the team’s spring training facility in West Palm Beach, Florida, and now is home and his quarantine has ended. Rizzo said the employee is fever-free and symptom-free.Rizzo also said Friday on a conference call with reporters that the Nationals are partnering with chef José Andrés to distribute tens of thousands of meals per day to people in need in parts of Washington.In other news related to the coronavirus pandemic:— The chief executive of the Tokyo Games says he can’t guarantee the postponed Olympics will be staged next year because the coronavirus continues to spread in Japan. The country issued an emergency declaration this week to battle the virus. Organizing committee CEO Toshiro Muto says “I don’t think anyone would be able to say if it is going to be possible to get it under control by next July or not. We certainly are not in a position to give you a clear answer.” The Olympics were postponed last month with a new opening set for July 23, 2021, followed by the Paralympics on Aug. 24.last_img read more

Pass/no pass deadline extended to May 27, ‘no record’ option offered

first_imgUSC will extend the pass/no pass deadline from April 24 to May 27, a week after final class grades are posted, President Carol Folt and Provost Charles Zukoski announced in a communitywide email Monday. Undergraduate students will also be able to have any classes taken this semester expunged from their transcripts using the no record option. The University also announced that future applicants to USC undergraduate, graduate and professional schools would not be negatively affected by opting for pass/no pass grading for the spring semester. All students’ transcripts will note that the semester was disrupted due to the coronavirus pandemic. The no record option will function similarly to a withdrawal except there will be no “W” designation or record of the course on the students’ transcripts, unlike in the normal grading policy, which stipulates that students will receive a “W” on their transcripts if they drop a class after the third week of the semester. Students will still be able to elect to receive a letter grade.  “We understand students are working under unprecedented conditions, and we appreciate what they are going through,” the email read. “We are committed to evaluating all pass grades for course work without prejudice and are making this historic accommodation because we believe right now students should be able to focus on learning.”center_img “We continue to be inspired by the resiliency of our students, faculty, and staff during this disruptive time,” the email read. “In particular, we recognize the pressures all students are experiencing, and we want to do everything we can to alleviate distress.”   Zukoski is working with various deans to evaluate grading options for graduate students, the email read. The grading policies will be further clarified in the frequently asked questions page on the University’s coronavirus website later this week.last_img read more

With mixed feelings, Dalton approaches final season

first_imgSenior goalkeeper Michele Dalton is entering her final year for the Wisconsin women’s soccer team. In three seasons, Dalton has a .836 save percentage.[/media-credit]Many would say five years is a long time, but to Michele Dalton, it barely seems like a blink of an eye.Dalton, a fifth-year senior and the Wisconsin women’s soccer team’s starting keeper, wants her last season to be her team’s finest.“I would like to win a Big Ten championship,” Dalton said. “Going forward, that is something I have dreamed about. I felt like last season we were so close yet so far, just one point off. It kills me; one save or one goal would have done it for us. I would like to be a top-10 team as well.”Her goals are specific, and her focus comes from a seemingly nondescript source: a scoreboard. Not the scoreboard at the McClimon Complex, though. Rather, Dalton remembers the one at North Field, between Camp Randall Stadium and the Engineering Centers building, where the women’s soccer team regularly holds practice.“I remember vividly my very first practice up at North Field,” Dalton said. “I thought the coolest thing on earth was that we were practicing underneath the scoreboard where it says ‘Home of the Wisconsin Badgers,’ and that to me was just like, ‘I am home.’”Wisconsin has become a welcoming home for Dalton, but she looks in the rearview mirror and can’t believe how fast time has passed her by.“I am not taking things for granted as much anymore because I know the amount of times that I get to walk out and play under that scoreboard are numbered.”As the countdown continues, Dalton has been prompted to reflect after seeing this year’s freshman class.“They are asking me freshman-type questions and I just smile,” Dalton said. “It’s funny, it’s surreal, it’s heartwarming; it’s sad to think that this is my last chance to represent the University of Wisconsin as an athlete. It’s humbling and I am going to enjoy every second of it.”The enjoyment she will have throughout the season stems from how close this team has become. Dalton calls it a family, and she’s been cast as the matriarchal figure.“She is a leader, she is tough on us and she expects the best from us on the field. She is a great teammate and is always going to be there for you,” fellow senior Meghan Flannery said.Dalton’s coaches have seen her push her teammates to become better, but they have also recognized her personal maturation during the past five years.“She has become mature about the game, tactically, seeing stuff, and I think she has been able to push herself a little bit more physically,” head coach Paula Wilkins said. “But most of it has been the psychological side of it, not letting goals get to her and wanting to be the reason the team is successful.”Those improvements have rewarded Dalton with a special ability that few athletes in any sport have.“She can make [the team] believe with one big save,” Wilkins said.Dalton makes her teammates believe, but who makes Dalton believe? Wilkins has a big hand in that, and rightly so, because not coincidentally, Wilkins is also in the fifth year of her career at UW.According to Dalton, she was Wilkins’ first recruit at Wisconsin and playfully jokes that it was the greatest day of Wilkins’ life.While that may be an exaggeration, Wilkins certainly sees how important Dalton has been to the women’s soccer program.“Michele has always had a great mentality and a great attitude in terms of a winning attitude,” Wilkins said. “She has always wanted the program to be successful. The first two years she didn’t play, but she didn’t give up.”While every athlete loves to win, Dalton’s drive for excellence may be more tied to wanting the university to do well, as evidenced by the feelings she experiences just by walking around campus.“When I walk down State Street and I am wearing Wisconsin soccer gear, I am so, so proud,” Dalton says. “You wear that ‘W’ and you wear the red and you are representing something far greater than yourself, and it’s a really cool experience.”last_img read more

Blatter provisionally suspended

first_imgThe organisation’s president Sepp Blatter has been suspended for 90-days – almost two weeks after Swiss authorities started criminal proceedings against him.UEFA boss Michel Platini, who’s previously been the favourite to succeed Blatter in February’s election, has been banned for the same amount of time.An I-O-C statement says FIFA must accelerate their reform process immediately, and be open to a credible external presidential candidate.last_img