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German pension fund association lauds Italian take on IORP II Directive

first_imgThe amendments made by the Italian EU Council presidency to the revised IORP II Directive will lead to “considerably lower implementation and follow-up costs” than the initial draft by the European Commission, according to Peter Gramke, head of Internal Audit at the €4.2bn SOKA-BAU, a supplementary pension plan for construction workers in Germany.Speaking at the German pension fund association’s (aba) annual conference, Gramke – one of the aba’s experts on European affairs – pointed out that the new proposal no longer contained any delegated acts linking IORP II to other legal frameworks, which “eases the burden considerably – also regarding costs”.He said there were fewer supervisory reporting demands than a year ago and that the Directive, were it to be implemented in its current form, would be a “limited burden” on pension fund costs. He said the information requirements had been cut considerably, adding that the Commission had “completely underestimated” these costs. Gramke also commended the Italians on changing the wording in the definition of IORPs from financial institutions to “pension institutions with a social purpose that are active on financial markets”.“This is an important [distinction] that will change regulation over the medium term,” he said.But Gramke said he was unsure why the Italians re-introduced an element to IORP II similar to the compliance function under Solvency II.“It is an artificial link, a bit torn between the internal control system and the revision, so it is basically a compliance element – then why not call it that?” he asked.One member of the audience voiced concerns that the chapter on ’risk evaluation for pensions’ in the IORP II was modelled too closely on the ORSA requirements under Solvency II.Dietmar Keller, head of division at German supervisor BaFin, said the requirement to calculate the funding needs and sponsor support would be tantamount to “introducing the holistic balance sheet (HBS) approach via the back door”.He said he was convinced that EIOPA would “continue to work on HBS” and bring it back to the table after the current commissioner’s five-year tenure, if not before.last_img read more

Concerns raised regarding environment of industrial action in Dominica

first_img 10 Views   no discussions Share Share LocalNews Concerns raised regarding environment of industrial action in Dominica by: – January 12, 2012 Tweetcenter_img Share Sharing is caring! Secretary-General of WAWU, Kertist AugustusConcerns are being raised about the environment of industrial action in Dominica by the Secretary-General of the Waterfront and Allied Workers Union (WAWU) Kertist Augustus.Augustus said measures will be implemented to ensure a smooth industrial climate.This he says will pave the way for more investment in the country.“We are hoping that during the course of 2012, the Employers Organization and the Trade Union movement in Dominica will find some avenue where there can be a greater level of consultation in terms of areas where we have differences. Not only should there be a higher level of consultation with the employers of Dominica but we should also have this level of consultation with our administration because even at this level we realize that government has the ultimate say in terms of passing the necessary type of legislation that could help to promote this type of environment,” he said.Augustus says the union has written to government to explore ways whereby consultation could be conducted on a more regular basis. He says the Union is also hoping that personal feuds can be resolved without violence.“We hope as a concern and more so in recent times where we had two murders, that everything will be done in terms of ensuring that we are able to resolve our matters without utilizing this sort of force which has been the feature of relationships recently,” he added.Employers have been asked to assist with funds to execute a program on conflict resolution.Dominica Vibes Newslast_img read more

Webb to leave PGMOL post

first_img “He was at the very forefront of our profession and has left a lasting legacy, inspiring a generation to take up the whistle. “His unparalleled success on the field is matched by respect he has garnered representing refereeing off the pitch. “I have enjoyed working with Howard during the last season and wish him every success in his new venture.” Rotherham-born Webb, who was chosen to referee the 2010 World Cup final between Spain and Holland in South Africa, added: “I’m very grateful to Mike Riley, the board and the management team of PGMOL for the opportunity they gave me last season. “I have seen at first hand the fantastic work being done, and planned, to ensure that England remains a standard-bearer for refereeing. “I’ve spent many years working hard to promote refereeing and improve standards, and now I’d like the chance to undertake different consultancy opportunities. “I want to wish the PGMOL and the select group all the best for the future. I truly believe they are the best group of match officials in world football.” The 43-year-old, who retired from officiating to assume the post with PGMOL last August, intends to undertake more freelance professional services work. The organisation’s general manager Mike Riley said in a statement: “PGMOL will always be grateful for the job Howard has done in promoting English refereeing over the last two decades. Press Associationcenter_img Former World Cup referee Howard Webb is to leave his role as selector group performance director with Professional Game Match Officials Limited at the end of June.last_img read more

Fantasy Baseball Sleeper Pitchers: Breakout, undervalued SPs to circle on 2020 draft cheat sheets

first_imgDOMINATE YOUR DRAFT: Ultimate 2020 Fantasy Baseball Cheat SheetFantasy Baseball Sleeper Pitchers 2020Jesus Luzardo, A’s. Luzardo was supposed to make a big impact last season, but a strained lat limited his time in the majors. The 22-year-old lefty still showed his impressive repertoire of stuff last season, posting a 2.51 ERA, 1.02 WHIP, and 11.9 K/9 ratio in 43 innings across three levels of the minors and a 1.50/0.67 line with 16 Ks in 12 major league innings. Given his career minor league numbers (2.53/1.04, 10.8 K/9 ratio), he should have success right away and could easily pay off even more than expected. 2020 Fantasy Baseball Rankings:Catcher | First | Second | Third | Short | Outfield | Starter | Reliever | Top 300Luke Weaver, Diamondbacks. Teammate Zac Gallen seems to be garnering more hype, and while he impressed in his 15 starts last year, his advanced stats and peripherals suggest he’s no sure thing. Even with a down 2018 on his resume, Weaver has more of a track record of success, posting a 2.94/1.07 line with a 9.7 K/9 ratio last year and a 3.88/1.26 line with a 10.7 K/9 ratio as a rookie with the Cardinals in ’17. To be fair, Weaver made just 12 starts last season because of an elbow injury, so health is a concern, but if he can stay in one piece, the 26-year-old righty has big upside thanks to an improving BB-rate and solid K-rate. 2020 Fantasy Baseball Sleepers:Catcher | First | Second | Third | Short | Outfielder | Each teamDinelson Lamet, Padres. Lamet performed well in his 14 starts last year after returning from Tommy John surgery, posting a 4.07/1.26 line and 13.0 K/9 ratio. The 27-year-old righty still gives up a few too many homers, particularly when you factor in his home park, but that comes with the territory for the fly-ball pitcher. His BB-rate crept down last year (3.7), and given his high K-rate, he has the chance to be a big-time fantasy contributor even if it comes with the occasional dud start. 2020 Fantasy Baseball Tiers, Draft Strategy:Catcher | First | Second | Third | Short | Outfield | Starter | RelieverAdrian Houser, Brewers. There are some obvious red flags with Houser, starting with his starter/reliever splits last year. In 30.2 relief innings, he had a 1.47 ERA and 0.95 WHIP; in 80.2 innings as a starter, he posted a 4.57/1.35 line. The good news is his K-rate was roughly the same (9.7 as a reliever, 9.4 as a starter), and his BB-rate actually went down as a starter (2.9 compared to 3.2). Overall, the peripherals are strong, from the ground-ball rate (53.4 percent) to the K/BB ratio (3.2), and Houser should open the season as a starter. If he can settle into a consistent rotation spot, Houser should post solid all-around stats.Carlos Martinez, Cardinals. Martinez is a former stud starter who turned into a stud closer last year after dealing with shoulder issues. Heading into 2020, he’s stated he’s 100-percent healthy and will begin the year in St. Louis’s rotation. Assuming he’s healthy, we know how good Martinez can be in that role, and if he’s forced to the ‘pen again, then you still have a useful fantasy commodity because it’s likely Martinez will work as the Cardinals’ closer. The big worry is injury, but give Martinez’s ADP, he’s no more of an injury risk than virtually any other similar pitcher. Brendan McKay, Rays. Most of the peripherals were good for McKay in his 49-inning MLB stint last year (10.3 K/9 ratio, 2.9 BB/9 ratio), but he gave up too many homers (8) and wound up with mediocre standard stats (5.14 ERA, 1.41 WHIP). Given his pedigree (1.78/0.84, 11.8 K/9 ratio in 172 minor league innings), the 24-year-old lefty has major upside once he gets in Tampa’s rotation. It could be as soon as opening day, but given Tampa’s organizational philosophy concerning starters, McKay could start the season in Triple-A. Either way, he likely won’t stay there long. A.J. Puk, A’s. Puk missed all of 2018 and a big chunk of ’19 because of Tommy John surgery, but the big 24-year-old lefty is competing for a rotation spot. Puk’s standard minor league numbers haven’t been lights out, but his sky-high K-rate (12.9) has always been a constant and he wasn’t overwhelmed in his first taste of the majors (3.18/1.32 in 11.1 innings last year). Consistency could be an issue, but Puk has the stuff to be a dominant pitcher once he settles into a steady role.Fantasy Baseball Draft Strategies: Auction | Keeper/Dynasty | PointsMitch Keller, Pirates. Keller had one of the biggest differences in his ERA (7.13) and FIP (3.19) last year. His 12.2 K/9 ratio, 3.0 BB/9 ratio, and 1.13 HR/9 ratio in 48 innings were all solid for a rookie starter, but he was clearly done in by a .475 BABIP that will regress. The 23-year-old righty has a solid minor league track record (3.12/1.16, 9.4 K/9 ratio) and plays in a favorable pitchers park, so even when the K-rate inevitably comes down, Keller should still be effective. Aaron Civale, Indians. Cleveland continues to churn out solid young pitchers, and Civale fits the mold of its recent breakouts: He doesn’t give up many walks or homers and he strikes out a reasonable amount of batters. The K-rate (7.2 in the majors last year, 7.5 in the minors) is likely a little too low to excite most fantasy owners, but if Civale can continue to keep the homers and walks down, he can continue to outperform his advanced stats and post something similar to his 2.34/1.04 line in the majors last season. Chances are the 24-year-old righty won’t be quite that good, but there’s also the possibility he raises his K-rate and has a greater overall fantasy impact. Zach Plesac, Indians. Plesac is yet another low-walk, low-homer pitcher from the Indians organization, though his 21-start stint in the majors last year didn’t totally reflect that (3.1 BB/9 ratio, 1.5 HR/9 ratio). Plesac’s career marks in the minors (2.1 BB/9, 0.5 HR/9) are likely closer to what you can expect this year. His K/9 ratio will likely be in the 8.0-9.0 range, and he should have a decent ERA and very solid WHIP. The main worry for Plesac (and Civale, for that matter) is a consistent starting role, but both should be in Cleveland’s rotation at some point early on. More 2020 Fantasy Baseball: Auction Values | Mock Draft SimulatorJose Urquidy, Astros. Urquidy isn’t guaranteed a spot in Houston’s loaded rotation, but the high-K, low-BB righty has big upside in whatever role he fills. In 41 major league innings last year, he struck out 40 and walked just seven. He gave up a few too many HRs (6), which was also a problem at Triple-A, but Urquidy has the stuff to keep the ball in the yard and produce at a high level. Griffin Canning, Angels. Canning tossed 90.1 innings in the majors last year, posting a 4.58/1.22 line with a 9.6 K/9 ratio. It’s worth noting that Canning threw just 129.1 innings in his minor league career (3.27/1.22, 9.9 K/9 ratio), so he’s really just begun to scratch the surface in his professional career. He should continue to improve, and that could mean a breakout in 2020.Justus Sheffield, Mariners. Of all the players on this list, Sheffield might be the most “boom or bust”, but the 23-year-old lefty is at least worth watching early in the season. In 36 innings with the big club last year, Sheffield struck out 37, but he also allowed 18 walks and five homers. Command has been an issue for him throughout his professional career, but it wasn’t until he got to Triple-A last year that homers became an major issue. If he can’t keep the ball in the yard, he’ll be back in the minors before you know it, but if he can put it all together, he can settle in as a back-of-the-rotation starter for fantasy teams.  Fantasy baseball owners go into every season knowing that there will be monumental busts and plenty of surprise breakouts at the starting pitcher position. Whether it’s because of injuries, “bad/good luck”, or just simple decline/improvement, end-of-season rankings rarely resemble preseason rankings for starters. A lengthy list of SP sleepers is a necessarily tool for your 2020 fantasy baseball cheat sheet, as it can help you spot value picks and worthwhile fliers at the end of your draft. We tried to give you a decent variety with the potential sleepers listed below. Some have already had mini-breakouts or are well-known prospects, while others are overlooked veterans who are deemed boring because a perceived low ceiling. Still others have as many red flags as positive attributes, but if things break right they could really pay off. Either way, we see all as potentially undervalued and having the ability to help your fantasy team in 2020.  Tyler Mahle, Reds. Mahle has one big bugaboo: HRs. Over the past two seasons, he’s allowed 1.8 and a 1.7 HR/9 ratios, respectively, which has pushed his ERA around the 5.00 mark both seasons. Homers will remain a worry, particularly in Cincinnati’s tiny home park, but Mahle did show improvement in one key area last year: He lowered his BB/9 ratio from 4.3 to 2.4. With a K/9 ratio around 9.0 and a much improved ground-ball ratio (47, up from 38.7 in 2018), the 25-year-old righty is clearly making strides. Perhaps he’ll never overcome the homer issues while playing in Cincinnati, but there is evidence pointing to a breakout. Josh Lindblom, Brewers. Lindblom pitched in Korea over the past two-and-half years, posting a 40-10 record, 2.85 ERA, and 8.7 K/9 ratio. Back in the majors, he profiles as a mid-rotation starter who should produce around a strikeout per inning and keep his WHIP relatively low. It’s easy to overlook someone like Lindblom, but like Miles Mikolas a few years ago, there’s low-cost upside here. Kevin Gausman, Giants. Gausman has been on and off fantasy teams since 2013, but he flashed higher strikeout upside last year (10.0 K/9 ratio) and had advanced stats (3.98 FIP) that far outpaced his standard numbers (5.72 ERA). Those numbers were juiced by an impressive 14-game stint as a reliever for Cincinnati, but Gausman was just better overall last season. Now in a great pitchers park in San Francisco, which should help him limit homers, Gausman has late-round fantasy appeal if you can stomach making a “boring” pick.last_img read more

Small Plane Makes Emergency Landing Next to Road in Broward

first_imgRecords show the aircraft is registered to Wayman Luy LLC.It remains unclear what prompted the pilot to make the emergency landing.The FAA is investigating the incident. A small plane made an emergency landing on Wednesday morning in Broward County.Federal Aviation Administration spokeswoman Kathleen Bergen confirmed the Lake LA-4 landed safely on U.S. 27 and Griffin Road in Southwest Ranches around 8:30 a.m.She added that the pilot, who was the only person aboard, was not injured.According to Bergen, the plane departed from North Perry Airport and was flying to Fort Lauderdale Executive Airport.last_img read more

Meghan scores fourth USA win

first_img England’s Meghan MacLaren has kept her winning form going by capturing her fourth title on the US women’s college circuit. Meghan (image © Leaderboard Photography) won the British women’s stroke play championship in her final event on this side of the Atlantic, before she returned to Florida International University. Now, she’s won her first event of the new academic year taking the individual honours in the Mary Fossum Invitational, hosted by Michigan State. Meghan was in third place at the start of the final round and shot a third round score of 74. It gave her a tournament score of five-over par and a one stroke victory. She commented afterwards on Twitter: “Another stressful day but happy to have won my first college tournament back in America! Ready for a good year.”  Her previous US successes were in 2013 and 2012. Meghan, an England international from Wellinborough, stormed through the field to win her British title, sealing her triumph the day before she returned to the USA. She played the final two rounds in nine-under par and won by a stroke at Ashburnham in Wales. 15 Sep 2014 Meghan scores fourth USA win last_img read more

City of Olympia Calls for Proposals for City Hall Art

first_imgFacebook8Tweet0Pin0Submitted by City of OlympiaThe City of Olympia is seeking curated proposals for temporary exhibition of artwork at City Hall.  The exhibitions at City Hall serve to focus on two-dimensional or pedestal-sized artworks that reflect the broad diversity and civic interests of Olympia’s communities and showcase the work of regional artists, non-profit organizations and community groups. Exhibitions should reflect the diversity of Olympia’s communities and emphasize the people, places and character of Olympia.Applications available at the City of Olympia’s website or by contacting Stephanie Johnson, Arts Program Manager, at 360-709-2678 or [email protected]: Receipt of Entries – Tuesday, August 29, 2017, 5:00 p.m.Two (2) curated proposals will be selected for the year – exhibitions will rotate every 6 months.The selected Curators/teams will receive a $700 honorarium for their work coordinating, installing anddeinstalling the exhibition and arranging for one associated event (see below). Artists, speakers and performers for the temporaryexhibit and public presentation will not receive an honorarium from the City.Curators must provide proof of insurance to the City’s specifications during installation and deinstallation.The artwork can be 2 or 3-dimensional and will be shown in the public spaces of City Hall with viewing opportunities available to the public.Proposals may encompass the works of one artist or many artists, as tied together by a theme or other unifying quality that can be easily described and witnessed among the proposed artworks.Each exhibition will include one event (forum, discussion, music, dance or literary performance) that is tied to the theme of the exhibition.Both exhibition and panel presentation will be hosted and publicized by the City of Olympia.Artwork may not be sold during exhibition. Sale prices may not be displayed, but the Curator may be noted on exhibition cover card as the point of contact for inquiries.last_img read more

CLASSICAL MUSIC AT ITS BEST AT CONWAL CHURCH THIS SUNDAY

first_imgA CLASSICAL music treat is in store this Sunday as The Donegal Chamber Music Society presents the first of five concerts during the first half of this year as part of “Sundays in Conwal 2014”.The opening concert – at 3pm on Sunday – will be played by the accomplished Donegal Camerata, the resident ensemble.An International Ensemble of professional players based in Donegal, the Donegal Camerata will continue their eclectic and attractive chamber music recitals, offering a program with cardinal works from the string repertoire along with some pieces in a more light-entertainment vein. For the first recital of the year they will present music by W.A. Mozart, P. I. Tchaikovsky, Antonín Dvořák, Josef Suk and Béla Bartók. As before, in each concert they will present a new work by an Irish Contemporary Composer. The work chosen from the Contemporary Music Centre Library for this recital will be a piece related to Donegal, Ian Wilson’s An tIarthar, composed in 2010 for the Donegal Chamber Orchestra.The Donegal Chamber Music Society Quartet – made up of younger Donegal musicians –  will also perform on Sunday.“Sundays in Conwal 2014” 1st Concert26th January, 3pm. Conwal Church. Letterkenny ProgrammeW.A. Mozart (1756-1791): Divertimento in F Major, K. 138/125c (1772)P. I. Tchaikovsky (1840-1893): Andante Cantabile from String Quartet No. 1, Op. 11 (1871)Ian Wilson (b.1964): An tIarthar (2010) (CMC)Louis Laporte (ca.1850 – 1922): Intermède-pizzicato for string quintet (1901) Antonín Dvořák (1841-1904): Slavonic Dance in e minor, No. 2 Op. 72 (1886-7)Josef Suk (1874-1935): Ella-Polka (1909) from EpisodesBéla Bartók (1881-1945): Romanian Folk Dances (1917) Sz. 68 BB 76Admission €10/5. Tickets will be available at the door. CLASSICAL MUSIC AT ITS BEST AT CONWAL CHURCH THIS SUNDAY was last modified: January 25th, 2014 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:String ensembleSUNDAYS AT CONWALTHE DONEGAL CAMERATA STRING ENSEMBLE IN INISHOWENlast_img read more

Verizon Helps You Say Wassup?! With Group Chat Lines

first_imgRole of Mobile App Analytics In-App Engagement The Rise and Rise of Mobile Payment Technology Tags:#mobile#web What it Takes to Build a Highly Secure FinTech … Have you ever tried to plan a get-together with a group of friends only to find yourself texting and calling individual people in a frantic maze of communication? Thankfully there are now web apps that make the process of event planning easier, but what about those times when you need a quick decision and some people aren’t by their computers? Verizon hopes to solve this dilemma by offering subscribers the opportunity to sign up for their new Group Communication service. For $4.99 a month, Verizon family plan customers can dial a “party line” number that will ring the phones of the other members of their plan. I can picture this being used at an amusement park when a family that has split up wants to rendez-vous again to leave or to eat. Family groups can also include one other number from outside of the family plan, as long as it’s a domestic number, mobile or land line.But what if you need more people, more groups or more non-Verizon numbers? There is also a $6.99 per line per month option that will allow customers to create up to 7 groups consisting of 20 members from any network, mobile or land line. Business can also add this feature to corporate accounts, making it simple to hold conference calls on-the-go – granted you don’t have any outsiders that need to be added to the list.Growing up as a kid, I can remember a time before cell phones when youngsters would ask their parents for their own telephone lines so they could chat with friends at will without hogging the house line. Countless TV shows aimed at kids during this era showed moments when characters would switch back and forth between friends on call-waiting and conference calls to gossip about school, but that practice has faded significantly.That was back when households were tethered to land-line phones and dial-up modems, but now everyone (even most kids) owns a cell phone and can talk with whoever and whenever. Instead of talking as a group, kids just text with each other, or log on to their social networks of choice and communicate there. The telephone conversation has fallen out of habit recently, especially for younger generations growing up with technology.Is Verizon’s Group Discussion feature an attempt to lure people back to using up valuable call minutes? Will we rediscover the phenomenon of the “party line” conversation that once defined local phone service in the early half of the 20th century? It’s vaguely possible, but my guess is the best use for this feature is special circumstances, not casual conversations. center_img chris cameron Why IoT Apps are Eating Device Interfaces Related Posts last_img read more

Using CC Composite in Adobe After Effects

first_imgUsing CC Composite in After Effects is useful for compositing – if you know how it works.CC Composite is a quick in easy way to composite your original layer over your added effects. There are a lot of instances in which CC Composite might be useful but it can be confusing to figure out sometimes.In the following tutorial, Premiumbeat blogger and motion designer Mikey Borup demonstrates how to use the CC Composite effect. The video covers:Using the CC Composite effectOrdering the effect hierarchyUnderstanding effect priorities This video was posted to Mikey Borup’s YouTube page where there is a lot of other interesting tutorials on Adobe After Effects. Thanks for sharing Mikey!Have any other tips for using CC Composite?Please share in the comments below.last_img read more