Category Archives: mslrf

UK roundup: Drinks maker appoints Willis Towers Watson to DB scheme

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first_imgOneDB launched in June last year and now has seven clients, with more than 6,000 members and £900m of assets between them. The UK pension fund for drinks company Beam Suntory has appointed Willis Towers Watson to run provide a bundled service including investment, actuarial and administration functions.The £50m (€55m) defined benefit (DB) fund is the latest client of Willis Towers Watson’s OneDB service, an all-in-one offering for DB funds to offer multiple services and help reduce costs.Ron Welsh, chair of the scheme’s trustee board, said Willis Towers Watson was “a natural choice” having previously provided actuarial services for several years.Gareth Strange, head of OneDB, added: “For many corporate sponsors and scheme trustees the burden of managing legacy DB pension schemes is becoming more and more challenging as the regulatory environment, investment options and administration becomes more complex.” Beam Suntory owns the Jim Beam whisky brandBeam Suntory owns a number of alcoholic drink brands, including Jim Beam and Sipsmith.Trustee company wound up after insolvency investigationA UK court has forcibly wound up a trustee company after an Insolvency Service investigation found it had inappropriately invested £14m while overseeing two pension schemes.Ecroignard Trustees was responsible for the Uniway Systems Retirement Benefits Scheme and the Genwick Retirement Benefits Scheme, which had 229 members and £14m of investments between them.Investigators found “numerous instances of misconduct”, the Insolvency Service said, including the use of funds to invest in “vehicles that were illiquid, high-risk and not necessarily suitable for the members”.Ecroignard also “failed to comply with statutory requirements, best practice guidance and internal governance requirements”, the Insolvency Service said. Members were not told of changes to the investments or given a choice to move their pension savings.The trustee firm also “failed to maintain and preserve adequate books and records”, presenting problems to investigators trying to identify all investments and how much each member had contributed.The Insolvency Service also said it was “unclear” who had been in charge of the company for the past two years. Former director Roger Bessent resigned in April 2017 and was banned from holding company management roles in November that year. However, he remained the sole signatory on Ecroignard’s bank account until October 2018.Investigators reported that the current official director, Anthony Wakefield, had “insufficient knowledge” of Ecroignard and was unable to provide information – including the schemes’ assets and status.last_img read more

DOF AHTS duo to support OMV drilling ops in New Zealand

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first_imgCOSLProspector; Source COSL DrillingOslo-listed offshore supply vessel owner DOF has won work for two AHTS contracts to support OMV’s drilling operations in New Zealand.Skandi Emerald and Skandi Atlantic, built-in 2011 and 2012 respectively, have been contracted by OMV NZ for 2 wells firm, plus 2 x 1 well options, to support semi-submersible drilling rig COSLProspector.Both vessels are currently supporting the same rig with Tamarind Resources, also in New Zealand. The OMV work will begin after the completion of the current campaign, expected during Q4 2019, DOF said.Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.last_img read more

House bill seeks ‘better facilities’ for 2 airports in Aklan

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first_imgThe proposed AAA has the power toexercise police authority to maintain peace and order within the premises,security of passengers, cargoes, aircraft, airport equipment, structures,personnel, fund, and documents; and to regulate the entry, exit and movementwithin the airports. As of this writing, Haresco’s measureis pending under the committee on government enterprises and privatization.(With a report from Akean Forum/PN) The corporate powers of airportauthorities will be exercised by the Board of Directors with its generalmanager as vice chairman and the Secretary of Transportation as ex-officio chairman. The Board, upon recommendation of thegeneral manager, is mandated to fix the rates of dues, charges, fees, andassessments for the use of airport premises, among others. Among the duties and functions of AAAare to formulate a comprehensive and integrated development policy and programsof the airports and to control, supervise, construct, maintain, operate, andprovide facilities for services for the efficient functioning of the airports. “The facilities of two airports mustbe improved for better services offered to tourists visiting Boracay Island.The influx of visitors is tantamount to greater investments, generating jobsand giving wider economic opportunities for the people of Aklan,” Haresco said. Second District Rep. Teodorico HarescoJr. authored House Bill 4176 for the establishment of Aklan Airport Authority(AAA) to operate and administer the Caticlan Airport in Malay town and theKalibo International Airport.        The members of the Board are the Aklanprovincial governor, the secretaries of Finance, Tourism and Justice, theCommissioner of Immigration, and four members from the private sector in theprovince with a term of three years. The general manager, appointed by theAAA board, is tasked to supervise the day-to-day management, operation andadministration of the airports, grant permits or concessions to do businesswithin the premises, and undertake researches, studies, investigations, andother activities related to its present operations and future improvements. KALIBO, Aklan – A body tasked tooversee the efficient and effective economical management and supervision ofAklan’s two airports was proposed in the House of Representatives. The Kalibo International Airport is one of the two airports under a House of Representatives bill which seeks for the establishment of Aklan Airport Authority – tasked to look into the facilities of the two airports amid influx of tourists visiting Boracay Island in Malay town. AKEAN FORUM last_img read more

Beverly Jean Hounchell, 75, Brookville

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first_imgBeverly J. Hounchell, age 75, of Brookville, Indiana died unexpectedly Saturday, July 27, 2019 at McCullough Hyde Memorial Hospital in Oxford, Ohio.Born August 4, 1943 in Connersville, Indiana she was the daughter of the late Maurice & Hazel (Long) Bradburn.  On November 30, 1989 she was united in marriage to Steve Hounchell and he survives.In her leisure time she enjoyed crocheting and making blankets, as well as reading.Besides Steve, her husband of 30 years, survivors include four children,  Carey (Lisa Scruggs) Ball of Brookville, Indiana, Leanna (Darel) Cooper of Brookville, Indiana,  Nick (Ginger) Ball of Crossville, Tennessee, Lisa (Ron) Murphy of Cincinnati, Ohio; twelve grandchildren, 13 great-grandchildren.In addition to her parents, she was preceded in death by a sister, Evelyn Baldwin, and a brother Clinton Bradburn.In accordance with Beverley’s wishes, private visitation and funeral services will be held with burial at Maple Grove Cemetery in Brookville, Indiana.Memorial contributions may be directed to the National Multiple Sclerosis Society or Susan G. Komen for the Cure.  The staff of Phillips & Meyers Funeral Home are honored to serve the family of Beverly Hounchell, to sign the online guest book or send personal condolences please visit www.phillipsandmeyers.com .last_img read more

United force draw with the Baggies

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first_img Press Association The Holland international scored his first goal for the club to break Albion’s hearts just as they looked like securing victory. Saido Berahino had fired them 2-1 ahead with his seventh goal of the season in the second half after Marouane Fellaini bagged his first goal for United. The changes, though, did little to end United’s stuttering season as the Baggies grabbed a perfect start. They had already dominated possession without hurting United before they swept ahead in the eighth minute. Graham Dorrans flicked on Myhill’s clearance for Wisdom to scamper down the right and his clever cut back found Sessegnon to finish emphatically into the top corner from 18 yards. Myhill saved from Robin van Persie as United tried to find an instant response but the visitors were wasteful and their final ball was often too easy for the Baggies. Myhill, who made a routine stop from Di Maria, was given catching practice as United toiled against organised Albion. In contrast Berahino was giving Marcos Rojo an uncomfortable evening with the £16million defender constantly worried by the forward. And the England Under-21 international was inches away from connecting with Dorrans’ searching cross. Myhill beat away Di Maria’s drive on 31 minutes as United tried to up the tempo but they continued to be undone by their own wastefulness in the final third. But they were almost handed a lifeline seven minutes before the break when Craig Dawson was forced to block Van Persie’s shot after the striker robbed Joleon Lescott in the area. It was the only time the Baggies had switched off and United were firmly on the back foot going into the second half. Van Gaal reacted by replacing Ander Herrera with Fellaini and the midfielder made an instant impact on 47 minutes. He collected Di Maria’s hanging cross after out-muscling Lescott before thundering a right-footed effort high beyond Myhill from 15 yards. It changed the complexion of the game with United pressing and Myhill saved Di Maria’s tame effort. But while the visitors were buoyant Albion held firm and regained the lead on 66 minutes. It was another poor goal to concede from United as Rafael played Berahino onside as he broke onto Brunt’s defence-splitting pass and coolly curled into the bottom corner. United’s rally began when Van Persie slammed an 18-yard volley onto the base of the post and Januzaj blazed the rebound over. Rojo nodded well wide with nine minutes left but Blind secured a point with three minutes left when he bent the ball into the bottom corner from 18 yards after Rafael’s cross was only half cleared. It had cancelled out Stephane Sessegnon’s wonderful opener at The Hawthorns and the Baggies, who move up to 14th in the Barclays Premier League, were good value for a point. The result means United boss Louis van Gaal has still not won away from Old Trafford with his side sixth in the table. Ben Foster missed out for West Brom after suffering a calf injury in training and was replaced by Boaz Myhill in the Baggies goal. Chris Brunt shrugged off a groin injury to start and Victor Anichebe was on the bench despite battling a hernia problem. Andre Wisdom returned after being ineligible to face parent club Liverpool last time out meaning Cristian Gamboa dropped to the bench. Adnan Janujaz made his first start of the season for United with Radamel Falcao left on the bench. Phil Jones returned as Paddy McNair struggled with a hamstring problem along with fellow injury victim Antonio Valencia. Michael Carrick, yet to make an appearance this season, made the bench as he stepped up his recovery from ankle ligament damage. Daley Blind rescued a late point for Manchester United as they were held to a 2-2 draw at West Brom.last_img read more

Chelsea boss Jose Mourinho: Eden Hazard remains the best player in England

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first_imgJose Mourinho is unequivocal in his support of Eden Hazard and has again insisted there are no fractures in relationships at Chelsea. The Blues’ worst start in 29 years has led to speculation of rifts within the camp, which Mourinho has strenuously denied, while Hazard has struggled to reach the same heights this term. The Belgian was the Premier League champions’ most startling player last season and remains the competition’s leading performer ahead of Saturday’s clash with Arsenal, according to his manager. Press Association “He’s the best player in England,” said Mourinho. “He is the best and he will be the best again. I don’t know if it is tomorrow or if it is next week.” The mood has improved at Chelsea since Wednesday night’s Champions League win over Maccabi Tel Aviv, but Mourinho is adamant the talk of a crisis is wrong ahead of the visit of long-time rival Arsene Wenger. Mourinho listed a series of headlines – some of which have appeared in recent weeks and others to illustrate his reaction – and again denied Steven Gerrard’s suggestion of a fallout with captain John Terry. “I don’t have any problem with any one of my players,” Mourinho said. “Normally when bad results happen the first thing that comes into your laptops, iPads and pens is to find a dramatic story: ‘Somebody punch somebody in the dressing room’, ‘The manager doesn’t want to speak with this guy’. “‘Diego Costa fought with John Terry and before they start the fight they brought a translator for them to understand each other in the fight, because Diego cannot speak English and John cannot speak Spanish’. “‘They organise like Far West duels – at this time we are going to fight, bring a translator to help us’. “You (the media) always go in this direction, which is funny. The other direction you don’t go is the direction which is real. “You lose matches, you are affected, you lose confidence, you don’t want the ball.” Gerrard’s comments came during his role as a BT Sport pundit for the Maccabi Tel Aviv tie, which began with a Hazard penalty which he blazed over. “Maybe it was an agreement he did with some sponsor to promote the Rugby World Cup,” added Mourinho, who is happy for Hazard to continue spot-kick duties. “He’s the best penalty taker in this country too. He is my first option.” Based on previous comments made by Mourinho, a handshake is likely to be offered to Wenger pre-match. The Frenchman, who shoved Mourinho in last October’s clash at Stamford Bridge, evaded his rival at Wembley when finally ending his 13-match winless run in the Community Shield. Mourinho was coy on the subject. “I don’t think it’s important now and I don’t think tomorrow people is focused on that. I think people is focused on what happens on the pitch,” Mourinho said. Chelsea are 17th in the standings after their miserable start of four points from five matches, 11 adrift of leaders Manchester City. But Mourinho is ignoring everything other than the Gunners. “If we are looking to the table, I don’t think that helps,” he added. “It’s a match I want to isolate from every possible context. It’s just Chelsea-Arsenal and it’s a match that we want to win. If it’s a pre-season friendly against Arsenal, we want to win. Community Shield, the same.” Petr Cech returns after leaving for North London following 11 years of sterling service at Chelsea. Mourinho added: “Arsenal goalkeeper until the game ends. When the game ends, if he wants to come to our dressing room, the door is open for him.” John Obi Mikel and captain Terry are the only survivors from Mourinho’s first spell at the club. Terry played every minute in the top flight last season but has been less in favour this term, although Mourinho maintains he is a key ally. “I trust him as always and he’s one of my men,” Mourinho added. last_img read more

Wilder to fight Fury in 2019, Joshua in 2020 – Finkel

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first_imgDEONTAY Wilder will fight Tyson Fury this year and Anthony Joshua in 2020, according to manager Shelly Finkel.Wilder will defend his WBC title against mandatory challenger Dominic Breazeale next month, with Joshua then set to make his American debut at Madison Square Garden on June 1 against an unnamed replacement for Jarrell Miller, expected to be Andy Ruiz Jr.The unification bout against WBA, IBF and WBO champion Joshua appears no closer to coming to fruition.However, Wilder recently insisted it was inevitable and Finkel anticipates it will finally happen next year.“He’s fighting his mandatory now then we have a pretty full slate for this year, then we will discuss fighting Joshua next year,” Finkel told Thaboxingvoice.“The name calling, the immaturities that are in the press, they won’t help but won’t hinder making the fight.“They are all in the works. There is nothing confirmed at this point, the only thing that is locked in is the fight with Breazeale on May 18.“If everything goes the way we hope it will, we will then discuss his next fight.“I have spoken with John Skipper (Executive chairman of DAZN, Joshua’s American broadcast partner) more than once. He and I are developing a very good relationship, I’m very fond of him.“Those talks will continue, and eventually it will lead to a fight of Deontay and Joshua.“I think that on his (Wilder’s) resumé, the same as one Joshua’s, it’s a fight that should and will happen, and it’s a fight that will be remembered because there was such a buildup, very difficult to make. But the fight will happen and the fans will get to see it.”Wilder and Fury fought to a thrilling draw in December and Finkel is hopeful a rematch can happen this year despite the Gypsy King having signed with ESPN and the American being contracted to Showtime.“He’s someone we continue to speak with as well,” Finkel added.“The difference is, in the negotiations with Fury, we’re dealing directly and it’s not in the press, there’s no name calling, there’s no gamesmanship.“That fight will also happen when it’s ready, which will be in 2019 I believe. If that fight is to happen, it would be a joint promotion.”last_img read more

Zak: Hold back optimism for 2013 football season

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first_imgJen Small / The Badger HeraldUncertainty is a frank description, but it ran through the veins of the Wisconsin football program throughout the 2012 season.That Bielema guy fired an assistant from the SEC. Then that Bielema guy grabbed what he could (in assistants) and left for the SEC.In leaving, he left the door open just wide enough for Barry Alvarez to have a final chance to build his legend even further, but alas, the Rose Bowl Buddha failed for the first time as a coach in Pasadena, Calif., likely his second favorite city.Three consecutive conference championships and just as many Rose Bowl appearances would lead many to dream of even greater expectations for those wearing cardinal and white in 2013. Progression is natural, right?Unfortunately, this isn’t professional sports. This is college football, where only the best of the best are able to remain the best of the best. Wisconsin is far from being the dynastic type of program that reloads each year as seen in that one conference where that Bielema guy left for.The difference between that conference and this one, the Big Ten, is the best teams from the SEC hold expectations, high ones, each and every season. Most times, they absolutely deserve it.As the hangover from another Rose Bowl defeat is finally whisked away, the Badgers will once again likely hold high expectations. The problem is, optimism is a far too easy trap to fall into.A quick glance at the 2013 Badgers shows promise, but a deeper look might display a less-than-breezy future at Camp Randall, regardless of the wind.Did I mention that Bielema guy? The all too conservative coach that finally got radical with his departure had brought in six new assistant coaches to Madison for the 2012 season. Optimism reigned.Following the bundle of assistant arrivals came a six-loss season and even more assistant departures.Having filled most of the void, there are six new assistants, one unnamed wide receivers coach and the new head of the beast, head coach Gary Andersen, spending their first year on campus in 2013. And for that reason, optimism should not reign.Regardless of how well Andersen and his new staff fit into typical Wisconsin schema (or that Andersen has been regarded as the type of head coach who would know if the president was in town or the kind who wouldn’t dart mere days after winning the Big Ten Championship), Badger fans should still govern themselves with an aura of skepticism.Rome wasn’t built in a day, and while European clich?s may have a better purpose used elsewhere, Alabama also wasn’t built in a day. Just six seasons ago, the Tide lost to a school from the Sun Belt. They now boast back-to-back national championships.Andersen’s staff will be without the services of Montee Ball and Mike Taylor. Though the departures of each senior come as no surprise, they were both the rocks who their respective sides of the football could rest on when needed most.During the most unsettling, unsure season in recent Wisconsin history, Ball and Taylor were the two surest things to represent the Badgers over their careers. Ball was highly regarded for his history-shattering touchdown total while Taylor led the Badgers in tackling each of the last two seasons.Sure, replacements are inevitable and are most definitely ready to take over for Ball, Taylor and any other departing seniors, but those moves are never met without struggle, unless of course, you are Russell Wilson.That being said, Russell Wilson was the only option at quarterback in 2011. Going with the trend, 2013 presents a different outlook.A slew of quarterbacks hope to dip under center for Wisconsin next August, and all of them – well, almost all of them – are worthy candidates. Joel Stave has time on his side. The redshirt sophomore was the starter for a majority of 2013, so he seems like the natural choice.But Stave’s 2012 completion percentage couldn’t even match that of Danny O’Brien, the once-starter, now glorified backup. He may end up as the third-stringer, or even worse, the fourth-stringer, depending on the performances of sixth-year senior Curt Phillips and touted 2011 recruit Bart Houston.Every coach who had any say in who would quarterback the Wisconsin offense last year is now coaching elsewhere. Will Andersen have a short leash for Stave if he throws his first interception or if Phillips fumbles a snap deep in Badger territory? Or will he have ultimate faith in one man while a number of valuable nominees are relocated to signaling plays in from the sideline?These are just a few questions of the many that won’t be answered for months. Before the spring, summer and hurricane of hype start storming our way, hold back a little. Not from the splendor that is spring football, not from the excitement of flipping that first cup on game day and definitely not when splurging on apparel at the University Book Store. Instead, hold back expectations for greatness in 2013. Reel them in some. It will leave plenty of room for me to be wrong and for Badger fans to be happy.Sean is a junior majoring in journalism and communication arts. What type of expectations do you think the Badgers should have heading into 2013? Let him know what you think with an email to szak@badgerherald.com or on Twitter @sean_zak.last_img read more

Injury concerns for O’Neill ahead of Euro games

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first_imgEverton manager Roberto Martinez claimed yesterday that neither James McCarthy nor Seamus Coleman would be fit for either game. Aston Villa keeper Shay Given is also out with a hip problem.last_img

Kawhi ousts Sixers with unprecedented shot

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first_img Source: ESPN Raptors forward Kawhi Leonard made the first Game 7 buzzer-beater in NBA history after his fadeaway jumper bounced four times on the rim before falling through the net as time expired in Toronto’s 92-90 win over the Philadelphia 76ers.“It was great,” Leonard said. “That’s something I never experienced before — Game 7, winning shot. It’s a blessing to get to that point and make that shot and feel that moment, and it’s something I can look back on in my career.”With the game tied 90-90 and 4.2 seconds remaining, the ball was inbounded to Leonard, who was guarded by 76ers guard Ben Simmons. As Leonard dribbled along the right side of the perimeter, Sixers center Joel Embiid pursued him along the right sideline. With less than a second remaining in regulation, Leonard elevated in the right corner over Embiid’s outstretched arm and launched the shot.“We ran a similar play in the [Orlando] Magic [first-round] series, and I ended up just catching and shooting the ball,” Leonard said. “Embiid was guarding me. He’s taller and longer than me, so I ended up finding a spot that I work on, and I just knew that I had to shoot it high.”The final horn sounded as the ball reached its apex before caroming off the rim several times. As it did, Leonard squatted in the right corner, tongue between pursed lips, awaiting the shot’s fate. After the ball bounced through the iron, Leonard rose with his arms in the air and let out a scream before being rushed by teammates.“It was crazy,” Raptors guard Kyle Lowry said. “It was one of those moments where it’s just like a real-life game winner, Game 7, like, count it down when you’re back home, and everyone was celebrating like that. It was a pretty awesome moment.”The decisive shot was the final basket of a historic night for Leonard, who scored a game-high 41 points, and only the second buzzer-beater in a winner-take-all game in the postseason, after Michael Jordan’s iconic shot to defeat the Cleveland Cavaliers in the first round of the 1989 Eastern Conference playoffs. Leonard’s 39 shot attempts on Sunday are second to only Elgin Baylor’s 40 in 1962 as the most in an NBA Game 7.The Raptors next travel to Milwaukee for the Eastern Conference finals. They face the top-seeded Bucks in Game 1 on Wednesday.last_img read more