The Swedish financial services authority has announced it will amend its proposed IORP II regulations regarding the calculation of balance sheet provisions for occupational pension funds.The announcement follows critical responses from several major pension providers to a consultation on the draft proposal for new regulations on occupational pension activities.In their joint response last month, Folksam, AMF and Alecta said the new rules would negatively affect both pension savers and employers.The regulator – Finansinspektionen (FI) – has now made a draft addition to its previous proposal, including an amended rule for calculating capital requirements for share price risk and new rules for an alternative method for calculating the long-term forward rate (UFR). This is the rate at the far end of the interest rate curve that pension funds use to determine provisions. Lars-Åke Vikberg, chief executive of Swedish pension fund SPK, told Danish pensions news service Pensionsnyheterna that infrastructure would, relatively speaking, come out a little better in the new proposal from FI.“It is good. Infrastructure investment fits very well into pension portfolios, which are naturally very long-term,” he was reported as saying.It was also positive that the regulator was allowing pension funds a phase-in of the UFR and did not have to apply the EIOPA rate immediately, he said.“FI has listened to criticism from the referral bodies,” Vikberg said.FI has set a tight deadline for written comments on the supplementary proposal of 14 October, and also invited parties to make oral submissions directly at a meeting convened for that day.The new regulations are currently scheduled to enter into force on 1 January 2020.
Advertisement 6k52iuNBA Finals | Brooklyn Vs7mWingsuit rodeo📽Sindre E6oydw( IG: @_aubreyfisher @imraino ) 5co0Would you ever consider trying this?😱uavCan your students do this? 🌚awRoller skating! Powered by Firework BCCI president and former Indian cricketer Sourav Ganguly, who also happens to be a hardcore football fan, reckons that the merger between ATK, the Kolkata-based Indian Super League franchise and I-League giant Mohun Bagan is a “momentous partnership for Bengal football”. On Thursday, the RPSG Group, (owner of ATK) acquired majority shareholding in Mohun Bagan Football Club (India) Private Limited and Bagan is all set to play as ATK-Mohun Bagan in next year’s ISL.Advertisement “A momentous partnership for Bengal football. I have no doubt ATK and Mohun Bagan will be torchbearers of moving Indian football forward together,” Ganguly tweeted.Advertisement “In this context, I am very thankful to India’s one of the most well-known industrialists and our Kolkata’s very own Dr Sanjiv Goenka for his investment through RPSG. Their vision on Indian football aligns with our philosophy and our combined forces will surely take the club to bigger and greater heights. In this respect, it is a red-letter day in the history of this iconic institution,” said Swapan Sadhan Bose, Chairman, Mohun Bagan Football Club (India) Pvt. Ltd. in an official statement.“I can assure millions and millions of Bagan supporters spread across the globe, that the poetry will continue. Now that the prose is ready to lend a helping hand,” he added.Meanwhile, former India captain Bhaichung Bhutia also hailed the merger but hopes that ATK should maintain the 130-year-old club’s legacy to reap rewards of their hard-work.“It’s good that Mohun Bagan is getting a good buyer but I think the colour and name has to be kept and the logo. Their history is very rich. It’s good that RPSG Group is buying it, they are a very professional company. But I hope that they can completely use the Mohun Bagan colour, logo and jersey. It should be maroon and green,” Bhutia said in an interview.The RPSG Group is set to become 80 per cent majority shareholder while Mohun Bagan Football Club (India) Private Limited will own the remaining. The merged club will come into existence from June 1, 2020 and will participate in the Indian Super League season (ISL) next season as well as other important competitions held by the All India Football Federation (AIFF).You may also like:Sunil Chhetri aware that his international career is winding downEXCLUSIVE: Minerva FC goalkeeper Nidhin Lal accuses club of not paying his salary for 8 months Advertisement
ARCADIA, Calif. (Jan. 31, 2015)–Consistent Avanzare pressed the pace and went on to an impressive 1 ¼ length win in Saturday’s Grade II, $200,000 Arcadia Stakes at Santa Anita. Ridden by Gary Stevens and trained by Tom Proctor, Avanzare bested a half dozen older horses and got one mile on turf in 1:34.17.A close third two starts back in Santa Anita’s Grade II City of Hope Mile (turf) on Oct. 4, the 5-year-old Grand Reward gelding came off a third place run on synthetic Polytrack in the Grade III Native Diver Stakes Nov. 29.“I breezed him five days ago on the dirt and when I looked at the work, he had the second fastest work that morning,” said Stevens, in reference to a five furlong main track breeze in 59 flat, second best of 51 at the distance.”Owned by Donato Lanni and John Youngblood, Avanzare was off at 5-1 and paid $13.80, $6.20 and $3.80. In his third Southern California start, he improved his overall mark to 12-6-3-2 and with the winner’s share of $120,000, increased his bankroll to $385,180.Winning trainer Proctor had no comment.Ridden by Mike Smith, Za Approval got a perfect stalking trip and ran second, finishing three quarters of a length in front of Home Run Kitten. The second choice in the wagering at 3-1, Za Approval paid $4.40 and $3.20.Home Run Kitten stalked the pace and was third, two lengths off the lead turning for home but proved third best under Joe Talamo, finishing 1 ¾ lengths in front of 6-5 favorite Kaigun. Off at 3-1, Home Run Kitten paid $3.00 to show.Kaigun flattend out late and had no apparent excuses under Corey Nakatani.Fractions on the race were 23.05, 46.95, 1:10.59 and 1:22.25.
The United Nations Development Program (UNDP) has donated four vehicles to the National Task Force on Ebola (NTFE) to fight Ebola in Liberia.The donation was made Monday, August 4, at the Internal Affairs Ministry by UNDP Resident Representative Antonio Vigilante to the NTFE’s co-chair, Internal Affairs Minister Morris Dukuly, representing President Ellen Johnson Sirleaf.The total cost of the four vehicles is put at US$123,952. They included three Land Cruisers and one Toyota Prado. Presenting the vehicles, Mr. Vigilante said the vehicles were to be used for the decentralization process in the country which, however, came in time with the challenge the country is facing with Ebola. “Therefore, they will be used for the Ebola response like burying of dead bodies.”He said, “I feel the pain Liberia is going through with the Ebola crisis and I’ve promised to work with the government in making sure it succeeds.”Upon receiving the keys to the vehicles, Minister Dukuly thanked the UN family for what he termed as a good partnership and the spirit of love shown to the Liberian Government and people. “The government is very pleased with the donation made by the UNDP family and these vehicles will be used to help remove Ebola dead bodies from communities and other areas for burial,” Min. Dukuly said.He also disclosed that the issue of Ebola now in Liberia, “is very critical and needs more attention in order to save the lives of other citizens in the country.”Minister Dukuly said the government is doing all it can to fight the deadly Ebola disease in the country. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Photographer Noel Keating popped outside Donegal Town in the wee small hours of Sunday….not expecting to see that much.But he did.Clouds cleared and the Northern Lights popped onto the horizon. Stunning! WOW! NOEL’S STUNNING NORTHERN LIGHTS PIX was last modified: August 16th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Noel Keatingnorthern lightsphotographer
Chelsea are one of several clubs keen on Stuttgart defender Antonio Rudiger, according to the Express.Manchester United and West Ham are also said to be interested in the 21-year-old along with Juventus, Bayern Munich and Monaco.“Of course I am aware of the interest from Manchester United,” he is quoted as saying.“They are definitely one of the top clubs in Europe and they are in a league I have been dreaming of. The Premier League is very physical, intense, breathtaking and with a lot of goals.“My focus, though, remains on playing for Stuttgart. For now, I just have to try and progress as a player.”The Express once again suggest Chelsea are trying to sign Sami Khedira, with reports in Spain claiming that Arsenal have already held talks with the Real Madrid midfielder over a £100,000-a-week deal.Chelsea boss Jose Mourinho is said to be considering making a bid. Khedira played under him at Real.And the Daily Star claim Arsenal could try to beat Chelsea to the signing of Paris St-Germain forward Edinson Cavani, who has also been repeatedly touted as a Blues transfer target.Follow West London Sport on TwitterFind us on Facebook
Xavier van Stappen is inside his car. (Image: Bongani Nkosi) Xavier van Stappen’s rather unconventional model electrical car, which he designed and drove from Europe to Africa before the 2010 Fifa World Cup, is helping raise awareness about alternative forms of energy and environmentally harmful carbon emissions.The French Belgian, who designed the three-wheel prototype in his home country, crossed 25 countries in Europe and Africa to get to the host nation, South Africa, in time for kick-off on 11 June.He set off in Copenhagen, in Denmark, and drove for four months to reach Ghana, just days before the tournament began. He then promptly disassembled the vehicle and flew with it to South Africa.“We flew from Ghana to South Africa just to be on time for the World Cup,” Van Stappen said at a press briefing in Pretoria on 7 July.During his overland trip he crossed Belgium, The Netherlands, France, Spain, Morocco, Senegal, Burkina Faso and Mauritania, among others.Travel by road began again in Johannesburg when Van Stappen started his next leg of the journey – this time to Cape Town. The inventor has been travelling with Vincent Pierart, who’s been filming the expedition for a website.The two-seater vehicle, which Van Stappen always describes as a prototype, is essentially a modified tricycle that’s shaped like a bullet. It relies solely on solar energy to move and can reach speeds of 110km/hour. “But I never drive so fast,” he quipped.It has a 10-year lifespan and is recyclable, according to Van Stappen.Van Stappen’s 12 000km journey to South Africa, which he planned to coincide with the World Cup, is promoting the use of “green” technology to create energy and contributing to the global campaign against biodegradation.“Nowadays we have a problem with petrol. It’s expensive and it produces pollution,” he said.Using only the sun’s rays to power the vehicle means that it makes no carbon emissions at all. “We have to adopt new ways of producing energy,” Van Stappen said.He believes that all electrical cars should be three-wheelers, because this keeps them light. Today’s conventional cars “are over-equipped” and consume a lot of energy, he said. Making electrical cars with four wheels defeats the objective of lightness, he adds.Although the first electrical car was manufactured in 1899, the market remains small. Van Stappen believes mass production will boost the industry and create more options for buyers. “[Consumers] are ready to buy it in many countries … [they] have the power to buy whatever they want.“During my trip I’ve met many people who are interested in the project.”Promoting the technology in AfricaVan Stappen’s prototype has been exhibited in all 25 countries it passed through, and is currently on show at the Allandale Business Park in Midrand, Johannesburg.One of the vehicle’s overriding characteristics is its very basic chassis, which Van Stappen disjointed with students at a technical college in Dakar, Senegal, to demonstrate its simplicity. Because the design is so uncomplicated, the students were later able to rejoin the chassis themselves.“The aim [of the trip] is also to transfer the technology” to the Southern Hemisphere, Van Stappen said.His prototype has even made it onto a football pitch at one of the World Cup stadiums.‘Green’ car for SA soonDuring his stay here Van Stappen visited a private company in Cape Town, Optimal Energy, which is producing South Africa’s first electrical car, the Joule. He said he was impressed by what he saw.Production will begin in 2012, either at a plant in Coega or East London – both industrial areas in the Eastern Cape province . The company hopes to have the vehicle ready for sale by 2013.“It’s great that [South Africa] is a country that’s producing an electrical car for its local market,” Van Stappen said.The Joule will be a standard four-wheel, five-seater vehicle with a top speed of 135km/h. It will use rechargeable lithium-ion batteries, which are also recyclable.The South African model will be able to run on solar power as well, so one of the optional extras is to have solar panels installed on its rooftop.The first of its kind in the country, the Joule was designed by South African-born Keith Helfet, who’s had a successful career as chief stylist at Jaguar.When not driving or promoting his first three-wheel prototype, Van Stappen works on a second three-wheel car project, the I-CARE 333, which is also biodegradable. He’s hoping that, in time, it will be available on markets across the world.During his stay in South Africa the Belgian designer visited Volkswagen’s plant in the Eastern Cape, and is now is looking for deals to manufacture I-CARE 333 here.
Share Facebook Twitter Google + LinkedIn Pinterest It seems like every farm show across the U.S. was unveiling the biggest and best technology and machinery agriculture has to offer, but at some of these shows farmers and farm enthusiasts alike were getting a glimpse at something a little bit tinier. Kansas farmer Alan VanNahmen has built one-quarter and one-third scale replicas of a John Deere combine. The idea came to VanNahmen as he was working at Machinery Link, a company that started as a combine leasing business to help reduce farmers’ operating expenses.“The company I was working for was trying to shrink the cost of combines and harvesting, so I decided to create a quarter-scale John Deere combine to help get that message out,” VanNahmen said.The FarmBuddy combine was born.
dana oshiro A Web Developer’s New Best Friend is the AI Wai… Few companies put as much effort into customer service as they do into member acquisition. However, in order to retain members, community-driven startups need to be conscious of the entire customer experience. No stranger to support techniques, Zendesk CEO Mikkel Svane spends most of his time perfecting the end-user experience for his clients. Best known for its web-based help desk services, Zendesk launched in 2008 and even then ReadWriteWeb gave the company a favorable review. In 2009, Zendesk continues to establish itself as a great alternative to the traditional call center experience. Svane offers some helpful tips for our ReadWriteStart readers. Says Svane, “The good news for businesses starting out today is that the web offers a whole host of easy, affordable tools that can help to ensure businesses have a meaningful dialogue [with their customers].” Some of those tools include: 1. Web-hosted Solutions: Rather than investing in an in-house legacy customer support service, Svane advises startups to consider a web-based help desk product to eliminate any headaches associated with security, scalability, and ongoing maintenance. Says Svane, “Keep the human touch in-house but outsource the infrastructure.” In addition to Zendesk, companies can look at services like Openbravo for web-based support. 2. Crowdsource Solutions: In addition to a Frequently Asked Questions page, consider incorporating a discussion forum or dialogue tool into your website. These tools allow customers with questions to interact with your best advocates. In addition to Zendesk’s forum tool, companies can also look to Get Satisfaction, FixYa or Lefora for help. 3. Social Media: When your customers or ex-customers are going to complain about your company, they’ll often do it via Twitter or Facebook. Take advantage of these tools and use them to keep a positive conversation going. Having a dedicated staff person that interacts with customers to answer their urgent questions on Twitter shows how responsive and committed a company is to its customers. Related Posts Tags:#start#startups 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting