AP7 return leads Sweden’s premium pension providers in 2016

first_imgHistorically, it said, AP7’s Såfa had been “a very good option”, with the balanced fund having returned an annual 9.6% on average since inception in 2000, while the corresponding return for pension savers with their own portfolio had been 6.5% over the same period.Some 48% of premium pension savers had their money in AP7’s Såfa at the end of 2016, and this capital amounted to 30% of the entire fund capital contained in the PPM, according to the report.Sustainable investments featured more heavily in the PPM as a whole last year than the year before, the agency reported, with a rising proportion of capital in unit-linked funds meeting the SWESIF (Swedish Forum for Sustainable Investments) criteria.The proportion of capital grew to 65% in 2016 from 57% in 2015, according to the report.Bengt Norrby, statistical director of the Swedish Pensions Agency, said: “This increase is mainly due to the fact that a number of funds with a lot of capital now meet SWESIF’s requirements for sustainable investments.”At the end of last year, 7.2m individuals participated in the PPM, including 5.8m pension savers and 1.4m pensioners, the agency said.Total assets under management in the system rose to SEK983.5bn (€101.7bn) at the end of last December, of which SEK960bn was in unit-linked insurance and SEK23.5bn in traditional insurance. Sweden’s default provider in the premium pension system (PPM) AP7 has beaten the average return of non-state premium pension providers in 2016 with a 13.9% on its Såfa balanced fund, against a 9.5% return on average from the other providers.In its report on the PPM for 2016, the Swedish Pensions Agency (Pensionsmyndigheten) described 2016 as a good year for the system in its entirety, although it said performance at a handful of non-state funds had been “doubtful”.The PPM is the funded part of the Swedish state pension that allows pension savers to make their own investment choices, investing their contributions either in products from a wide marketplace of private sector investment fund providers, or with state pension fund AP7 in its default Såfa option.For pension savers who opted for some kind of management service from their marketplace provider, the return in 2016 was 6.5%, the agency said.last_img read more

Fond Canie Rebels capture third win in Trafalgar Basketball League

first_img Share Share Sharing is caring! Share The Fond Canie Rebels captured their third win in the Trafalgar Basketball League on Tuesday evening by one point.Prior to their win on Tuesday evening the Rebels secured their first win against the Lily Valley Sharks and won the Cochrane Middleham Ballers by default.At Tuesday’s game the Fond Canie Rebels scored a total of 72 pts while Elvis Welding Services Road Stars scored 71 pts.The scorers for the Rebels were; Joel Mc’Intyre 32 pts, 6 asts, 5 stls; Ronald Bruno – 14 rts, 6 reb and Daryl Thomas 12 pts, 2 astsFor the Road Stars Fitzgerald Daniel scored 19 pts, 6 asts, Javid Joseph – 18 pts, 5 reb, Patrick Lafonce – 14 pts, 4 reb and Elvis Morancie 11 ptsUpper Village Hoosiers will battle against the Bath Estate Huskies in Wednesday evening’s game which will commence at 7:30.Dominica Vibes Newscenter_img Tweet 19 Views   no discussions NewsSports Fond Canie Rebels capture third win in Trafalgar Basketball League by: – March 13, 2012last_img read more

George E. Morgan, 77

first_imgGeorge E. Morgan, 77, passed away on Monday, August 6, 2018 at Community North Hospital in Indianapolis.  Born, September 22, 1940 in Rushville, he was the son of George Morgan and Helen (Lacey) Theising.  George graduated from Burney High School.  He joined the Marines and served in 1960 and 1961 before transferring to the Army Reserve.  George was a Police Officer for the Greensburg Police Department for 22 and a half years and an Officer for the Decatur County Sheriff’s Department for 10 years.  He attended the United Methodist Church in Greensburg.  George married Kathy Knowlton in 1973 and she survives.  He is also survived by one son; Frank Morgan, one daughter; Georgeanna Howe, and three grandchildren; Olivia Morgan, Austin Bilderback, and Isaac Howe.  George was preceded in death by his parents.  Graveside military services will take place at South Park Cemetery on Friday, August 10 at 1:00 p.m.  Online condolences can be made to the family at www.popfuneralhome.comlast_img read more

Walker selected as District 9 Conservation Officer of the Year

first_imgJennings County, IN—Indiana Conservation Officer Zach Walker, who serves Jennings County, has been selected the 2019 District 9 Officer of the Year. Walker was raised in Marion County and has been serving as a conservation officer for 10 years.He is a member of the canine program, working with his dog Libby. He is also a member of the cave rescue team, a field training officer, a boat accident investigator and a background investigator. District 9 covers Rush, Fayette, Union, Decatur, Franklin, Jennings, Ripley, Dearborn, Ohio, Switzerland and Jefferson counties.Walker is now in the running for the Pitzer Award, which is given to the top overall conservation officer in the state of Indiana and selected from the 10 district award winners.last_img read more

Richards hopes Grealish matures

first_img The incidents earned him a rebuke from his employers and new Villa signing Richards, who also shot to fame as a teenager, recognises the pitfalls. The defender, now 27, said: “It’s hard for youngsters coming through. I think he’s a very talented boy but when you are going from earning – I don’t know what it is now – 80 quid a week at 17 and you sign for big money, I don’t know what he’s on, but thousands of pounds, it’s like… you think you’re the man don’t you? You want a nice car… “I was 17. I still enjoy my cars but I was going outside restaurants, parking on yellow lines and stuff. And I’m thinking now, 10 years later, what was I doing? There’s a car park just there! “You’ve got a different mindset when you are young, giddy. You know what I mean? When you are first pulling a bird, you get giddy with it!” Richards joined Manchester City at the age of 14 and made his first-team debut at 17 in 2005. He became a poster boy for the club’s youth system and a year later was in the England squad, becoming the youngest defender to earn a call-up. He was regarded as one of the top prospects in the country and played key roles as City won the FA Cup in 2011 and the Barclays Premier League the following year. But injuries then stalled his progress and he spent last season on loan at Fiorentina before deciding to join Villa on a free transfer this summer in the hope of reigniting his career. He now feels older and wiser and has learnt from the mistakes of his youth, something he hopes Grealish will do and go on to enjoy a successful career at the top level. Richards said: “Your mindset does change. When you are young you are enjoying your life, but you’ve got to make mistakes to learn from them. “And as long as everyone learns from them, that’s the key. Everyone makes mistakes. We are only human, you’ve got to enjoy life as well, but as long as you give 100 per cent when you are on that field I think the rest takes care of itself.” Press Association Micah Richards hopes new Aston Villa team-mate Jack Grealish learns from his mistakes as he gets to grips with fame and fortune at a young age. center_img Midfielder Grealish, 19, burst onto the big stage with a series of outstanding performances late last season as Villa escaped relegation and reached the FA Cup final. But with all the plaudits came some negative headlines as the youngster was first pictured inhaling nitrous oxide and then, over the summer, lying motionless on the ground while on holiday in Tenerife. last_img read more

Kwakwani Secondary into NSBF Boys U-14 and Girls Developmental finals

first_imgKWAKWANI Secondary School surged into the finals of the Youth Basketball Guyana (YBG)- organised National School Basketball Festival Boys U-14 and Girls Developmental division when the semi-finals were played on Saturday evening at the Cliff Anderson Sports Hall.The Berbice River school, one of the most dominant in the 14-year Festival’s history, was able to surge ahead of the Bishops’ High School by a 45-27 margin in the Boys U-14 semis and by a 25-18 margin against Queen’s College in the Girls division.Meanwhile, Marian Academy girls team continued their flawless run in the Festival with a walkover win against Saint Stanislaus College. Saints boys were, however, able to get past President’s College (PC) 28-17 in the other U-14 semi-finals.STRONG FIRST HALFIn the Boys U-14 division, Kwakwani slowed down their Georgetown opponents with Gevon Ross pulling down 16 of his 21 rebounds and scoring seven of his nine points early. The dominance in the paint resulted in numerous second shot opportunities.Matthew David, who finished with 13 points, five rebounds and five steals, had scored eight points in the first period for an early 26-7 Kwakwani lead.Kellon Phillips and Travis Lewis finished with nine points each for the winners.The Georgetown school, who finished with a better second-half score (20-19), were led by Matthias Arindell who scored a game- high 17 points (10 of which were scored in the second half) and 11 rebounds.Saints were able to hold PC to only six points in the second period, which carried them to their 11-point win.David Bailey (also 14 rebounds) and Brandon Mckay scored 10 points each for the winners, while D. London scored nine points and eight rebounds for PC.In the female clash, Kwakwani were able to register a seven-point win, with Shania Sears leading the charge with nine points.Naiomi Barkoye finished with a game-high 11 points and 16 rebounds, but only Luanna Mohan (seven points, five rebounds and four steals) lent support.The finals of the Festival is scheduled for next Saturday at the same venue.last_img read more

Athlete power: ‘Shut up and play’ is tossed from the game

first_imgLast Updated: 30th August, 2020 08:37 IST Athlete Power: ‘Shut Up And Play’ Is Tossed From The Game With every get-out-the-vote campaign, every shutdown of a major sport, every detailed list of actions by athletes demanding change, one new reality comes into sharper focus: The days of “shut up and play” are winding down First Published: 30th August, 2020 08:37 IST Written By Associated Press Television News WATCH US LIVE With every get-out-the-vote campaign, every shutdown of a major sport, every detailed list of actions by athletes demanding change, one new reality comes into sharper focus: The days of “shut up and play” are winding down.This summer of police shootings of Black people — the aftershocks exacerbated by a coronavirus pandemic that has upended life everywhere — has emboldened athletes to draw on the platform they’ve long commanded.One big difference between now and even a year ago is that there’s less indecisiveness on how hard those athletes will press the issues. And to some, the odds seem greater, this time, that what the athletes are calling for might actually come to pass.“None of us are politicians,” said NFL veteran Marcedes Lewis, an outspoken tight end who plays for Green Bay, which is in the same state where Jacob Blake was shot in the back by police last Sunday. “We get paid to go out there and play and do our job. At the same time, wrong is wrong and right is right. It’s encouraging to see guys stepping up.”In tennis, golf, hockey, baseball, basketball, soccer and football, there have been gestures big and small, and in ways tonce unimaginable.Nine NFL teams canceled practices on Thursday — a notable break from routine for a league that still has not found a job for Super Bowl quarterback Colin Kaepernick, who kneeled on the sideline during the national anthem to protest racial injustice. The police shooting of Blake in Kenosha, Wisconsin, came four years to the day after Kaepernick’s first protest.The Baltimore Ravens, in a posting that went viral, put out a statement with a seven-point plan of action to help combat systemic racism in the U.S.“If you’re not trying to lead this world, lead this earth with making a positive impact, what are you here for?” receiver DJ Chark Jr. of the Jacksonville Jaguars said. “Whether it’s sports that gives you the platform, whether it’s music, entertainment, whatever it is. If you have a voice, I think if you’re contributing to something that is going to help, something that is positive, I think you should use it.”NBA players spearheaded the latest flurry of activity, when the Milwaukee Bucks refused to take the court following Blake’s shooting. That led to serious consideration of canceling the season altogether. Such a move was avoided in part because of the counsel of former President Barack Obama and input from Michael Jordan. According to an ESPN report , the NBA great and Charlotte Hornets owner asked players to consider that their voices would be better heard on the court than off it.“We understand how strong our voice is, how powerful our voice is and ultimately we decided if we go away from this stage we don’t necessarily have that same platform so we stood in solidarity,” said Chris Paul, the Oklahoma City Thunder guard and president of the players’ union.Obama advised the players and league to establish a social justice coalition, made up of players, coaches and owners, that will focus on voting raccess and police and criminal justice reform. Some teams are making plans to allow their arenas to serve as polling places for November’s election.All this stands in stark contrast from the predominant attitude of athletes during Jordan’s prime — an attitude Jordan himself embodied. During a Senate race in his home state of North Carolina, Jordan was reluctant to use his star power to endorse Harvey Gantt, the African American Democrat running against Jesse Helms. “Republicans buy sneakers, too,” was Jordan’s now-famous quote. It still resonates today, if only because it is becoming the antithesis of what current NBA stars are doing.This month, Steph Curry was given speaking time at the Democratic National Convention to endorse Joe Biden for president.LeBron James has created “ More Than A Vote ,” a website designed to urge Black people to vote and to root out Black voter suppression. Among the more than four dozen Black athletes who are part of the cause are Super Bowl MVP Patrick Mahomes and Olympic champion sprinter Allyson Felix.“It’s a start. The players are pressuring the owners in the only language they understand — the money,” said 30-year-old Jahreem Edwards, a Black resident of Washington who attended the March on Washington on Friday. “LeBron James has 70 million Instagram followers. That’s power. That’s just about as much power as any black man in America.”But 61-year-old Robert Norris, another Black resident of Washington who attended the march, thinks players need to go even bigger.“It means something to me if they completely shut down every sport,” he said. “Black athletes and celebrities have not been fully welding their power. It has to be across the board. It has to be as systemic as the racism is.”The Olympic world that Felix inhabits has been among the slowest to heed the call for changes despite commanding the attention of huge swaths of the globe’s population every two years.The movement that gave rise to some of the most notable civil rights protesters in any venue — Muhammad Ali, and Tommie Smith and John Carlos — is still studying the idea of relaxing its rule that forbids protests on the medals stand. It is taking heat from across the globe, but especially from the U.S. On Friday, American athletes held the first meeting of a newly formed council on racial and social justice to tackle the issues at the Olympic level.Given the glacial pace at which attitudes shift at the Olympic level, a council designed to tackle these issues looks a lot like progress. More concrete and fast-moving are the moves in the NBA, NFL and other American pro sports, where a growing number of players are less conflicted about calling off games, calling for action and, in short, using their platform for change.How big an impact will it all have?“It’s those ripple effects,” said Jeremy Jones, founder of Protect Our Winters, an athlete-driven environmental group that is spearheading its own voting project this year. “And when you say, ”Do you think it’s starting to make a difference?′ I think in a lot of ways, we’ll look back at this time and say that this was a turning point.”Image credits: AP center_img SUBSCRIBE TO US COMMENT LIVE TV FOLLOW USlast_img read more

Man killed in vigilante justice in Jamaica following murder of eight-year-old

first_imgKINGSTON, Jamaica, CMC – Police are probing the murder of a 26-year-old man who was apparently killed in vigilante justice in Jamaica. He was killed by a mob seeking vengeance for the death of an eight-year-old school child, whose body was found in bushes in Blue Hole, Sterling Castle Heights, St Andrew, a parish, situated in the island’s southeast.Parliamentary representative for the St Andrew West Rural constituency, Juliet Cuthbert-Flynn, condemned the killing, saying “I’m in disbelief because you never want jungle justice because you don’t know if you’re getting the right person and at this time we don’t know and we can’t take the law into our own hands”.8-year old female murderedThe mob had accused Miguel Williams of being involved in the murder of Shantae Skyers, who had been reported missing on her way from school last Tuesday.The authorities said her body was found amongst rubble by a search party led by officers from the St Andrew North Police Division.Beaten and burned Media reports said that Williams was beaten and his body burnt on Wednesday as the angry residents sought justice for the murder of the Red Hills Primary School student. The mob also set fire to his home.Relatives said Williams suffers from a mental condition, and Cuthbert-Flynn said she would be contacting the National Security Minister Dr Horace Chang about maintaining police presence in the community as residents have threatened further action.last_img read more

Nationals win despite manager Dave Martinez accidentally shaving playoff beard

first_imgIn a sport known for its absurd levels of superstition, Martinez’s faux pas stood out, and after Nationals starter Max Scherzer allowing a two-run home run in the first inning, it looked like it would be a long night for Washington. Instead, an eighth-inning single from Juan Soto (assisted by an error) brought in three runs and provided a 4-3 comeback win. The Nationals would have entered Tuesday’s wild card matchup against the Brewers seemingly at odds with baseball gods already, having failed to win any of their four playoff series since 2012. That made manager Dave Martinez’s mistake before the game that much more upsetting to fans.Martinez admitted to accidentally shaving his lucky postseason beard when the guard came off his clipper. He then opted to clean the rest of it up rather than appear with uneven facial hair. Nationals manager Davey Martinez admitted he accidentally shaved his playoff beard today. Guard came off clipper so had to tighten it up. “I screwed up.”— Tom (@Haudricourt) October 1, 2019MORE: A’s to lean on trio of rookies vs. RaysThree of Washington’s four previous playoff series letdowns came in the maximum five games of the NLDS. This was the team’s first wild card game appearance. It entered Tuesday considered a strong favorite over the visiting Brewers with Scherzer on the hill and a stacked lineup behind him.And despite Martinez’s shaver, the Nationals advanced to the NLDS.last_img read more

PNG win gold in women’s soccer

first_imgIt was Marie Kaipu’s goal in the 21st minute of play that gave PNG the win.The second half was dominated by the New Caledonians who threatened to score but solid defence kept them out.In the bronze medal play off, Cook Islands beat Samoa 2-1.last_img