The PPF said the main cause of the deficit reduction was an 8 basis point rise in the yield of 15-year UK Gilts, which overshadowed a fall in assets caused by declining equity markets.In other news, Ofcom, the regulator for the UK’s communications and media industry, has completed its fifth buy-in transaction with Legal & General (L&G), the latest covering around £50m of liabilities for 350 members. The scheme’s total insured liabilities, all with L&G, have now reached £250m.Rodney Jagelman, chair of the trustee board, said L&G provided attractive terms and that the latest arrangement took the scheme a significant step closer to full buyout.Ofcom finance director Alastair Smith added: “This is a very significant step. Members benefit from having their benefits secured on top of the security that continues to be provided by the plan – and Ofcom is no longer exposed to the uncertainty of asset returns, interest, inflation and longevity risk.”Elsewhere, consultancy Aon Hewitt has launched delegated solutions for defined contribution (DC) schemes, in a partnership with BlackRock’s investment solution. The company will now offer employers and DC schemes a range of in-house target-date funds.Schemes would choose the strategy and flight plan, leaving Aon to implementation. BlackRock will provide the investment structure behind Aon’s offering.Andy Cox, chief executive at Aon Hewitt in Europe, said: “Creating better DC has been a key aim for us for some time. That means delivering a more effective investment approach, capable of greater speed of action. The deficit among the 6,150 UK defined benefit (DB) pension schemes has decreased over the month of September by £3.5bn (€4.4bn) according to figures from the Pension Protection Fund (PPF). The deficit calculation is done on an s179 basis – which assess the funding ability of DB schemes to provide PPF-level benefits – showed the aggregate level to be £166.5bn at the end of September. This left 4,600 schemes in deficit and 1,550 in surplus.However, the position from September 2013 has almost doubled, when the deficit was £85bn.
Daily Mail 21 October 2017 Family First Comment: Yet our Ministry of Health is pushing vaping as the best alternative to tobacco?? http://www.stuff.co.nz/national/health/98066737/ministry-of-health-throws-support-behind-vaping-as-a-way-to-quit-smokingE-cigarettes lead to as many lung diseases as tobacco products, a new study has found.The report from the University of North Carolina Chapel Hill compared saliva samples from tobacco smokers, e-cigarette smokers and nonsmokers.Researchers found that e-cigarette smokers were likely to develop dangerous proteins associated with lung diseases such as COPD and cystic fibrosis and that the devices are no better for people than regular cigarettes.The study adds to a growing body of evidence proving that e-cigarettes might not be the ideal alternative smokers addicted to tobacco are looking for.Last year a Surgeon General’s report claimed that the use of e-cigarettes among high school students jumped 900 percent from 2011 and 2015. That same year, the FDA lumped e-cigarettes in with the tobacco products the administration monitors.READ MORE: http://www.dailymail.co.uk/health/article-5001492/E-cigarettes-harm-lungs-way-tobacco-does.htmlKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox.
Radio NZ News 6 June 2020Family First Comment: Finally. We’ve asked successive governments for a cap on interest rates for years!“ the amount of interest that finance companies can charge on loans is capped. Mobile traders are now required to adhere to responsible lending requirements and lenders cannot offer credit to an applicant who has taken two high-cost loans in the past 90 days. There is also a maximum daily interest rate – of 0.8 percent per day – that can be charged on loans.”Manukau Urban Māori Authority has welcomed the government’s new regulations to crack down on predatory lending.The changes to the Credit Contracts and Consumer Finance Act came into effect on 1 June and are designed to reduce the impact of loan sharks and mobile traders offering crippling high-interest rate loans.Under the new protections, the amount of interest that finance companies can charge on loans is capped.Mobile traders are now required to adhere to responsible lending requirements and lenders cannot offer credit to an applicant who has taken two high-cost loans in the past 90 days.There is also a maximum daily interest rate – of 0.8 percent per day – that can be charged on loans.The government announced in April that it was fast tracking changes, due to fears desperate households would resort to high-interest loans during the coronavirus economic crisis.Manukau Urban Māori Authority general manager of whānau services Veronica Henare said for areas like South Auckland, where predatory lending is a real problem, the new regulations have been a long time coming.READ MORE: https://www.rnz.co.nz/news/ldr/418394/people-are-drowning-in-debt-crackdown-on-loan-sharks-welcomed
Pellegrini, 59, left Malaga to succeed Roberto Mancini, who was sacked in May just a year after guiding the club to the Premier League title. The Italian had also won the FA Cup the previous year and still managed to finish runner-up in both competitions last season. Pellegrini is not daunted by such lofty expectations, nor by the additional challenges of improving the team’s style or helping develop a “holistic” approach to all footballing matters. He said: “I am not concerned about that. I am here, it is not only to win trophies – the Premier League, the FA Cup or the Champions League. I am here to work with young players and the professional team. Winning trophies is important but it is not just about that.” City have spent close to £45million this summer on two new players in Fernandinho and Jesus Navas and the spending is set to continue with several other players linked. Yet Pellegrini is well aware the club need to curtail their spending and sustain their strength through their own youth system in the future. He said: “As a coach, of course we always want immediate success. We are trying to have a strong squad in all positions. If that will bring us trophies, perfect – we have more chances to win that way. But in the same way we are working with young players and we will continue to. “It is impossible every year to buy three, four, five players. We need a mix with young players. We need to work exactly the same with the under-21s and the first team. A lot of things I think will be improved. From what Roberto and all the other coaches of Manchester City have done over the years, we will continue.” Pellegrini has shown his coaching credentials but his reputed man-management skills were also attractive. It was felt there was discord in the dressing room under Mancini. Pellegrini said: “I don’t want to talk about what happened in the past. You always have problems sometimes with some players – I had it in the past – but I think we can have very good relations.” City’s hierarchy this summer identified Pellegrini as the man they believe is best equipped to help deliver on a stated ambition of winning five trophies in the next five seasons. Yet he might already have been in place had former owner Thaksin Shinawatra lured him from Villarreal in 2007 before turning to Sven-Goran Eriksson. And Pellegrini also interested Liverpool three years ago. The Chilean said: “I had twice chances to arrive here before. One was to Manchester City but with the other owners, not these owners. Liverpool, I was very near, after Real Madrid, to arrive at Liverpool. But for different things, it was not the moment. Now it is the right moment with the right club.” New Manchester City manager Manuel Pellegrini has revealed he first had chance to take charge at the club six years ago. Press Association
By Simon EvansBIRMINGHAM, England (Reuters) – India put on a display of composed and confident batting as they cruised into the final of the Champions Trophy with a nine-wicket victory over Bangladesh yesterday, setting up a clash with old rivals Pakistan on Sunday.A masterful unbeaten 123 from Rohit Sharma at Edgbaston steered the defending champions to victory with nearly 10 overs to spare after they were set a target of 265 by Bangladesh, playing in their first semi-final of a major tournament.Sharma shared a 178-run partnership with Virat Kohli, who ended unbeaten on 96 as India dominated against a modest Bangladeshi bowling attack, which never managed to create any real pressure.The Tigers will feel they failed to put up a big enough target, but with their opponents completing the task with 59 balls remaining, it was hard to imagine a scenario where India would have lost this game.“It was another complete game. We needed to have a clean, collective game. We didn’t expect to win by nine wickets, but that’s the quality of our top order,” said skipper Kohli.Bangladesh skipper Mashrafe Mortaza said his team would learn from the experience.“We could have scored 300, even 320, but our set batsmen getting out was a setback to us. Next time, we’ll come back strong. We need to learn. Skill-wise we’re fine, but mentally we need to be stronger,” he said.An entertaining 123-run third-wicket partnership between Tamim Iqbal and Mushfiqur Rahim put Bangladesh in a strong position, but their middle order failed to fully capitalise on that foundation.Bangladesh ended their 50 overs on 264 for seven after Tamim top-scored with 70 and Mushfiqur made 61, but with a stronger middle and lower order contribution they would have expected to reach around 300.Bhuvneshwar Kumar claimed two early wickets for India – Soumya Sarkar dragging on in the first over and then Sabbir Rahman slashing a short ball to Ravindra Jadeja at backward point to leave Bangladesh at 36 for two.Tamim was fortunate when he was bowled by Hardik Panya off a no-ball when he was on 17, but he took good advantage of the reprieve.Together with Mushfiqur, Tamim took the game to India with some aggressive batting, taking calculated risks and scoring at a brisk pace as they brought up the century partnership off 104 balls with 10 fours and one six.The breakthrough came after India had managed to slow down the run-rate and, with the pressure on, Tamim lost his composure, to the part-time off-spin of Kedar Jadhav as he attempted a wild slog ..Shakib Al Hasan was superbly caught, off a bottom edge by MS Dhoni, stood up to spinner Ravindra Jadeja and then Jadhav, an unlikely source of trouble with his tame spin, struck again with the crucial wicket of Mushfiqur, whose mistimed shot was snaffled up by Virat Kohli at mid-wicket.Bangladesh badly needed Mahmudullah, a century-maker in the win over New Zealand last week, to regain the momentum but he was only able to make 21 off 25 balls before being bowled by a fine Jasprit Bumrah yorker.India were positive from the outset of their response, reaching 63 without loss in the first 10 overs, and the departure of Shikhar Dhawan (46) with the score at 87 merely allowed Kohli to join in the fun with Sharma.
PORT OF SPAIN, Trinidad (CMC) – Following an impressive showing at the just concluded ICC Under-19 World Cup in South Africa, Trinidadian fast bowler Jayden Seales is already targetting West Indies senior team honours.He was one of the tournament’s leading fast bowlers with 10 wickets as West Indies Under-19s reached the quarter-finals before bowing out with a fifth-place finish.Seales said his aim was now to make his first class debut with the ultimate dream of representing West Indies in the longest format.“I always told my father I want to play Test cricket. I want to open bowling in Test cricket,” Seales told the NewsDay here.“For me right now it is about staying fit, training harder, getting myself ready to play four-day cricket and hopefully get into West Indies-A team or the senior team soon enough to play for the senior team in Test cricket.”Seales played a critical role in the Windies success in the group stages. His four-wicket haul in the Caribbean side’s opener sent pre-tournament favourites Australia tumbling cheaply for 179, setting up a three-wicket win.And even though he went wicket-less in the second game against highly-regarded England, his 10 overs cost just 21 runs as opposing batsmen found the going difficult against him.Seales produced another four-wicket haul against minnows Nigeria, helping West Indies to finish the group stage unbeaten.For his efforts, Seales was one of two West Indies players – the other was all-rounder Nyeem Young – to be selected to the team-of-the-tournament.“For me personally, it was a good performance. Coming off the tri-series (against Sri Lanka and England) I did not have the best performance,” he explained.“I wanted to do better for the team so I trained very hard when I came back home and in the World Cup itself (in) the training sessions I worked hard.”West Indies looked set to reach the semi-finals when they reduced New Zealand to 153 for eight in pursuit of 239 for victory in the quarter-final. However, tail-enders Kristian Clarke and Joey Field staged a record 86-run, unbroken ninth-wicket stand to stun the Windies.Controversially, Seales sent down only six overs in the contest for just 21 runs but was never brought back with the game slipping away.“It was a good performance by the team,” he said of the Windies’ performance in the tournament.“I know we could have done better especially against New Zealand but all that is in the game, so it is just about us learning from it and going on to being better cricketers in the end.”
Published on March 19, 2016 at 11:05 pm Contact Jon: email@example.com | @jmettus Related Stories Briana Day controls the paint in 73-56 NCAA tournament win against ArmyAlexis Peterson leads Syracuse to blowout win over Army in NCAA tournamentSyracuse defense suffocates Army in 73-56 NCAA tournament win Evan Jenkins | Staff Photographer “Some people can’t stop the floater,” Fondren said. “… There’s no way you can stop it if somebody slows down before they get a charge.”But for her, that wasn’t always the case.At, Overton (Tennessee) High School, Fondren started experimenting with the move, waiting for her chance to pull it out on a bigger stage in AAU ball with the Memphis Lady Magic.She tried a few times, but her coach shut her down.“‘You’re going to have to work on it consistently all the time if you want to make it work,’” Fondren remembers him saying. “Because Derrick Rose does it and he was like ‘If you want to do it just like him, you got to work on it,’ you know, because practice makes perfect.”So she did.Sometimes it would fall. Sometimes it wouldn’t. But when teams started taking charges on her in high school games, she shelved it.During her freshman year at Syracuse as the team’s starting point guard, Fondren tried bringing the floater back.“I started doing it and he was like ‘Why are you going up with your right hand?’ Go to the basket with your left hand,’” Fondren said of Syracuse head coach Quentin Hillsman. “I was like ‘OK.’”Not until two weeks ago in the ACC tournament did it make a permanent return. Fondren consistently pulled up for floaters with success that eventually opened up room for her to get to the basket for layups.On one play, she banked one in from the right of the basket while fighting off a defender for the and-one. Her teammates joked with her about it and guard Brittney Sykes compares it to the likes of San Antonio Spurs star Tony Parker. The shot that has carried Cornelia Fondren and, as a result, Syracuse through the postseason is one that coaches have been telling her for years not do to.It’s simple — a right-handed floater, teardrop or runner from inside the lane. It’s effective — used for avoiding charges and blocked shots. But hard to master — especially considering her dominant and shooting hand is her left.Fondren scored in double-digits just four times throughout the 29-game regular season. She’s done it in each of the team’s four postseason games, including an 18-point performance against North Carolina State in the Atlantic Coast Conference tournament quarterfinal. Paramount to her success has been the extra wrinkle to her offensive game that she dug up from her high school days: the floater. She’ll put it to use again when fourth-seeded Syracuse (26-7, 13-3 ACC) hosts 12th-seeded Albany (28-4, 15-1 America East) in the NCAA tournament’s Round of 32 on Sunday at noon.With a win, the Orange could advance to the Sweet 16 for the first time in program history.“You know she can score either way or with either hand,” SU guard Alexis Peterson said, “so it kind of keeps the defense off balance. They don’t know which hand she’s going to shoot it with so it makes shot blocking that much harder.”AdvertisementThis is placeholder textFondren, who leads the team in fouls and gets called for, she says, two or three charges a game, uses the floater to evade offensive fouls. Instead of putting her head down and barreling into the lane and anyone in front of her on her way to the basket, she’ll pull up just in front of the foul line and loft a shot in.It’s all about reading the defense, she said. When the defenders are playing back and taking away layups she can float it in with a shot that’s more difficult to block.MORE COVERAGE:Briana Day controls the paint in a blowout win to advance to Round of 32Alexis Peterson leads the way for Syracuse against Army with 24 pointsSyracuse’s defense suffocates Army in 73-56 win “Corn’s been playing phenomenal for us,” Syracuse guard Brianna Butler said. “She’s just playing more free. She’s just playing more like herself. It’s kind of like the freshman Corn that I remember playing with.”The floater is natural now. Just like Fondren crosses over when a defender comes near, she pulls up for the righty floater when the defense backs off.It took several years, but as she’s successfully used the floater in recent games, it finally has the approval of a coach.“I think it’s the best option sometimes, but he would rather me get to my left hand because it’s my dominant hand,” Fondren said. “Sometimes I agree. Sometimes I feel like I have to do it.“He’s comfortable with me doing it now so I’m happy for that.” Comments Facebook Twitter Google+
On Thursday, Jim Boeheim said Kyle Wiltjer could score from anywhere on the court and he couldn’t have been more spot on. The senior opened up a double-digit Gonzaga lead early on by sinking shots from the top of the key, from the wing well beyond the arc, from the foul line and from the short corner.AdvertisementThis is placeholder textWhen the top of the zone collapsed on him after his torrid opening stretch, the ball often found its way inside to the 6-foot-11 Sabonis. The Lithuanian almost always favored his left hand, using a drop step and turn before attempting a shot. But Lydon was more than up to the task, and help defense from Tyler Roberson and at times even a third player stifled the big man on offense.Sabonis grabbed 11 first-half rebounds despite his offensive struggles, but what hurt far more were Wiltjer’s 15 points and ability to find the cracks in the zone that others weren’t. When the tandem wasn’t on the court at the same time, though, the Bulldogs’ sputtered and Perkins, Eric McCLlllan and Kyle Dranginis fell victim to a stringent Syracuse zone that didn’t fall for ball fakes and collapsed on anyone with the ball before they could penetrate effectively.Syracuse’s offense was far from glamorous itself, but the Orange made 7-of-8 foul shots in the half while Gonzaga didn’t make a trip to the line. SU shot 11 percent worse than Gonzaga in the first half, but it forced six more turnovers and scrapped its way to within one by halftime.In stark contrast to his stares into the Syracuse section of the stands after three straight makes in the first half, Wiltjer clanked his first three attempts of the second and SU jumped ahead by five courtesy of two Gbinije buckets. Then he awoke, and gave Gonzaga a three-point lead after hitting from the same variety of spots he had before.But this time, the Bulldogs were unable to pull away. Syracuse stuck to attacking the rim and its normal 3-point gunners, Malachi Richardson and Cooney, got their points at the foul line instead. Sabonis got better looks offensively, but Roberson was again an animal on the boards and drew fouls going after missed shots to slow down the hectic pace the Bulldogs were playing at.And after both teams repeatedly traded buckets, it was that hectic pace that allowed Gonzaga to grab its largest lead, 53-46, since early in the first half. Dranginis and Perkins hit 3s to give GU a boost from players not named Wiltjer and Sabonis and Boeheim called timeout with 7:43 left to stop the bleeding.The bleeding sustained, but not as heavily, as a Cooney 3 kept Syracuse afloat despite Sabonis dominating Dajuan Coleman on the offensive glass. Each time Gonzaga brought the ball up, its fan section stood and cheered while Syracuse’s contingent remained near silent. And when SU had a chance to make it a one-possession game with under three minutes left, Sabonis forced a turnover, fully flexed and screamed as his face turned beat red.But Syracuse’s press, along with a man-amongst-boys performance on the boards from Roberson, narrowed the gap to one with 1:28 remaining. And when Gbinije converted a fourth-chance layup, SU grabbed a 61-60 lead with under 21 seconds remaining.It was one of the only leads Syracuse had, but it stayed, and the Orange held on by its last breath to keep its season alive. Comments Related Stories Storify: Syracuse fans rejoice as No. 10 seed SU advances to Elite 8 with win over No. 11 GonzagaPoll: Grade Syracuse’s performance against Gonzaga and choose the player of the gameFast reaction: 3 takeaways from Syracuse’s Sweet 16 victory over Gonzaga Published on March 26, 2016 at 12:00 am Contact Matt: firstname.lastname@example.org | @matt_schneidman CHICAGO – It all came down to a game of inches, literally, as a seemingly endless review by the referees determined if Trevor Cooney’s left toe stepped on the end line with 11.2 seconds remaining.Gonzaga was awarded possession and a game the Bulldogs led the majority of came down to one last shot. Josh Perkins’ floater with less than three seconds left was blocked by Tyler Lydon and the freshman hit two foul shots to secure the victory.Domantas Sabonis’ full-court heave went wide and No. 10 seed Syracuse (22-13, 9-9 Atlantic Coast) somehow, some way, squeaked out a 63-60 win over the 11th-seeded Bulldogs (28-8, 15-3 West Coast) to advance to the Elite Eight.MORE COVERAGE:Fast reaction: 3 takeaways from Syracuse’s Sweet 16 victory over GonzagaPoll: Grade Syracuse’s performance against Gonzaga and choose the player of the gameSyracuse fans rejoice as No. 10 seed SU advances to Elite 8 with win over No. 11 Gonzaga Facebook Twitter Google+
The Ministry of Youth and Sports has directed all media houses wishing to make request for introductory letters to any high commission or embassy to route it through the Sports Writers Association of Ghana (SWAG).A statement signed by Michael Frimpong, Head of Public Relations said the directive is to ensure effective co-ordination and smooth facilitation of the process.“This year marks a major international sporting calendar which Ghana will be participating in, notable among them are the Brazil 2014 FIFA World Cup, the Glasgow 2014 Commonwealth Games and the Costa Rica 2014 FIFA U – 17 Female World Cup among others.“With the Ministry expecting to be inundated with requests from media houses for introductory letters to the respective Embassies or High Commissions for visas, we believe there is the need for one body to do the coordination hence the directive, ” said the statement.The statement urged SWAG, the Ghana Football Association (GFA), the Ghana Olympic Committee and the National Sports Authority (NSA) to take note of the directive.