​AP Pension gets 35 raps as FSA finds management lacking

Posted On Sep 29 2020 by

first_img“It is the opinion of the Danish FSA that AP Pension has under-implemented parts of the new legislation, which both the board of directors and the executive board of AP Pension agree with,” it said.Among other things, the Danish FSA had pointed out that its management system was inadequate, it said, adding that this meant the pension fund had to make a number of improvements.These included more and better ongoing controls and increased reporting partly between upper management and the executive board and partly between the executive board and the supervisory board.Other improvements that had been called for by the FSA were the allocation of more resources to certain areas and a clearer separation of functions in some areas, AP Pension said.Lægernes rectifies illiquid credit detailSeparately, the regulator put out another report on Lægernes Pension, the Danish doctors’ pension fund, regarding its illiquid credit investments – handing out six official orders to rectify certain issues.This report was part of the FSA’s ongoing focus on illiquid credit – for example investments in loan portfolios – in which it is examining the asset type at several life insurance companies and labour-market pension funds.The FSA said its inspection, carried out in February 2019, covered the pension fund’s organisation and processes for illiquid credit investments, including its investment decisions and compliance with the prudent person principle.Lægernes Pension responded to the report, saying the orders to rectify were mostly about the level of detail in illiquid credit policies and guidelines.“The rules on unlisted investments have been strengthened sharply in recent years,” it said, adding that because of this, the pension fund had hired external consultants to review its unlisted investments last year, before the inspection.“The consultants identified a number of focus areas. There is a great correlation between the consultants’ recommendations and the supervisory order,” the fund said.“We, therefore, expect to be able to implement the necessary measures quickly in cooperation with the Danish Financial Supervisory Authority,” it said. AP Pension has been ordered to shore up its management structures by the Danish FSA, in a post-inspection report in which the authority issued the commercial mutual pension fund with 35 separate official orders to remedy failings.The €15.8bn Copenhagen-based pension fund was told by the financial watchdog: “In the improvement of the management structure, the company should focus on strengthening the three lines of defence.”In the wide range of regulatory failures uncovered by the inspection which took place in January and February 2019, the FSA took aim at shortcomings in the company’s compliance, audit and actuarial functions in particular.AP Pension responded in a statement on its website, saying it took the report very seriously and has already righted more than half of the failings.last_img read more


Family First at the World Congress of Families

Posted On Sep 27 2020 by

first_imgFamily First is currently at the World Congress of Families (WCF) which is the premier global gathering of parents, youth, lawmakers, scholars, religious leaders, and advocates united to support the natural family—and for the first time in history, the global gathering is in the United States. It’s a massive four-day event. www.wcf9.orglast_img


FA Cup:  Mowbray blames Gallagher for Blackburn ouster

Posted On Sep 26 2020 by

first_imgBlackburn manager Tony Mowbray singled out Sam Gallagher for criticism after the striker wasted four excellent chances in their 2-1 FA Cup third-round defeat at Birmingham. Gallagher, who spent the 2017-18 season on loan at St Andrew’s, spurned one opportunity in the first half and three after the break. However, the £5million signing did win the 61st-minute penalty, converted by Adam Armstrong, that saw City substitute Ivan Sunjic sent off within two minutes of replacing Gary Gardner. But Mowbray was unhappy with the striker’s finishing, saying: “He works hard in every game. I think at the moment I have faith in him, but he has to score goals. tony Mowbray insists Blackburn should have done better “He has to get into better positions – we’re working hard with him during the week to find better positions to score.Advertisement FacebookTwitterWhatsAppEmail分享 “It was like a tidal wave of crosses coming into the box and he’s 6ft 5ins and he should be heading them into the net. “Yet he’s always underneath them, he’s always running past the near post, so he has to start listening more as to where he should be going to score, because the ammunition for him was good. He should have been on the scoresheet. “When you control a game like that you have to finish,” he said. “It’s unbelievable to think we only scored from a penalty, given the amount of play we had around the final third. “It all means nothing if you don’t stick the ball in the net.” Read AlsoDaniel Udoh impressive as Shrewsbury, Bristol draw in FA cup Birmingham head coach Pep Clotet praised match-winner Jeremie Bela after his breakaway goal in the 90th minute – with what looked like a cross palmed in by goalkeeper Jayson Leutwiler  sealed an unlikely victory after Dan Crowley’s first goal for the club had put the hosts ahead after five minutes. Loading… Promoted Content7 Universities In The World With The Highest Market ValueTop Tastiest Foods From All Over The World7 Of The Wealthiest Universities In The World9 Facts You Should Know Before Getting A TattooBest Car Manufacturers In The WorldThese TV Characters Left The Show And It Just Got Better7 Truly Incredible Facts About Black HolesPlaying Games For Hours Can Do This To Your Body11 Most Immersive Game To Play On Your Table Top7 Ways To Understand Your Girlfriend BetterCouples Who Celebrated Their Union In A Unique, Unforgettable WayThe Funniest Prankster Grandma And Her Grandsonlast_img read more


U.S. Attorney Resigning From Indiana’s Southern District

Posted On Sep 24 2020 by

first_imgUnited States Attorney Joe Hogsett will resign July 31.United States Attorney Joe Hogsett will resign from the position at the end of July. He has served as U.S. Attorney for Indiana’s southern district since 2010.He officially announced he will vacate the position through a letter to US Attorney General Eric Holder Monday. He did not give a specific reason for his resignation.“It has been an honor to serve in this office for the last four years because I have had the privilege to do so alongside a talented group of Assistant United States Attorneys,” Hogsett said in the letter.He reflected on some challenges and accomplishments impacting his office in the resignation letter.“We have set new records for the number of defendants charged and the total number of criminal convictions. The office has let the nation in average length of sentences imposed on criminal defendants.”Some believe Hogsett is eyeing the Democratic nomination for Indianapolis mayor in 2015.last_img read more


Mrs. Helen Louise (Swearingen) Graham

Posted On Sep 24 2020 by

first_imgMrs. Helen Louise (Swearingen) Graham, age 89, of Vevay, Indiana, entered this life on April 13, 1928, in Adams County, Ohio, the daughter of the late, Christian and Ella Grace (Ayers) Swearingen. She was raised in Decatur, Ohio and was a 1946 graduate of the West Union High School in West Union, Ohio. Helen was united in marriage on June 21, 1952, in Cincinnati, Ohio, to the late, Nelson Lindsay “Red” Graham and to this union arrived three children to bless their home. Helen and Red shared 56 years of marriage together until Red passed away on December 16, 2008. In her early years of life, Helen was employed for Cole Bakes Insurance in Vevay, Indiana. Helen was later employed for Seagram’s Distillery in Lawrenceburg, Indiana, retiring in 1993, after 37 years of service. She was a member of the Ruter Chapel United Methodist Church in Vevay, Indiana and the Vevay American Legion Post !85 Ladies Auxiliary. Helen enjoyed sewing, working crossword puzzles, socializing with her family and friends and having a glass of wine overlooking the Ohio River. Helen passed away at 4:00 am, Friday, June 16, 2017, at the Swiss Villa Nursing & Rehabilitation Center in Vevay, Indiana.Helen will be dearly missed by her daughter, Christi Dixon and her husband: David of Henderson, KY; her son, Mark Graham and his wife: Deanna of Vevay, IN; her grandchildren, Jesse Dixon and his wife: Kate, Neil Dixon and his wife: Meredith, Nathan Graham, and his wife: Taylor Natalie Dickerson and her husband: Josh, Evan Graham; her great-grandchildren, Tessa Dixon, Arya Dickerson and Nora Dixon; her brother, Dale Swearingen of Medina, OH; her sister, Sandy Ditmer of Hillsboro, OH; her sister-in-law, Jean Adkins of Versailles, IN and her several nieces and nephews.She was preceded in death by her parents, Christian and Ella Grace (Ayers) Swearingen; her husband, Nelson Lindsay “Red” Graham, died December 16, 2008; her son, Brett Lee Graham, died February 16, 2008 and her sister, Bobbie Holiday.Funeral services will be conducted Sunday, June 25, 2017, at 1:00 pm, by Rev. Mike Jones at the Haskell & Morrison Funeral Home, 208 Ferry Street Vevay, Indiana 47043. Interment will follow in the Vevay Cemetery, Vevay, Indiana.Friends may call 11:00 am – 1:00 pm, Sunday, June 25, 2017, at the Haskell & Morrison Funeral Home 208 Ferry Street Vevay, Indiana 47043. Memorial contributions may be made to Community Foundation of Switzerland County. Cards are available at the funeral home.last_img read more


Murphy qualifies for Rio

Posted On Sep 21 2020 by

first_img Press Association Ireland’s Annalise Murphy put in an impressive performance at the World Championships in Santander, Spain, to become the second sailor to qualify her country for the 2016 Olympic Games in Brazil. She was delighted with her efforts and said: “I started the regatta pretty badly so it was difficult to back out on the second day and make Gold fleet. But I had a really good day and then continued to claw my way back up the fleet. “My primary goal for competing here was to win a medal but my secondary goal was to qualify to country. Unfortunately I didn’t quite reach my first goal but it’s great to have been able to qualify Ireland in the Laser Radial.” Earlier this week, James Espey qualified Ireland for the 2016 Games in the men’s single-handed class. center_img The 24-year-old from Dublin, who competes in the Laser Radial class, endured a mixed performance and put Ireland as the 21st-ranked nation overnight after coming home 28th on Tuesday in Spain, where only the top 19 nations can qualify for the Games. But Murphy fought back in the first of three races on Wednesday to come home in 13th before the final two races were cancelled due to a lack of wind as she finished 20th overall with Ireland qualifying as the 16th nation. last_img read more


Men’s volleyball to take on another ranked opponent

Posted On Sep 16 2020 by

first_imgRedshirt sophomore outside hitter Billy Fauntleroy believe’s in USC’s potential despite their 2-7 record.(Photo from USC Men’s Volleyball / Twitter) In the week’s practices leading up to the San Diego trip, head coach Jeff Nygaard focused on the front row’s footwork and across-the-court reading. The USC men’s volleyball team is gearing up to take on another ranked opponent in No. 15 UC San Diego at 7 p.m. Thursday. The Trojans, who are now 2-7 on the season, are looking for a bounceback after a close four-set loss to No. 4 UC Irvine last week. Overall, the Trojans are looking to kickstart conference play with a win that would turn around their road struggles and build positive in-game experience to look back on in order to further improve their season record. Of the Tritons’ eight wins, four have been three-set sweeps with multi-point leads perpetuated by winning the blocking game, something that USC is looking to accomplish this weekend. The Trojans’ net coverage will continue to be a necessity in stopping point runs. In UCSD’s three-set sweep over Concordia, junior outside hitter Kyle McCauley had 11 kills, followed by junior opposite hitter Collin Shannon’s nine kills that contributed to the offense’s .258 efficiency.  While middle blockers junior Sam Lewis and senior Vecas Lewin were able to cover ground and stop five Irvine hits, outside hitters have to recognize the setter’s move on the other side of the net and anticipate where the opposing hitter will be in time to block shots. This game is a departure from Mountain Pacific Sports Federation conference play and the team’s second west coast road game following a 3-2 set win at California State Northridge. The young team had to face high-level competition early in the season on the east coast with losses against No. 11 George Mason, No. 9 Penn State and No. 15 Ohio State and is now hungry to regain its ranked status from the preseason.center_img “To me, it has nothing to do with the school or the ranking,” Nygaard said. “It’s what are we going to come in as, so I expect us to go in there with the effort that we can win a match, with the mentality, with the game plan, with the energy, with passion — everything you want that we can go down there and compete for the W.” “That’s a space that I think we definitely have to put some time and energy into so that [we can say] ‘Hey, this guy’s going to hit this hit. We’ve got to get four hands in this space across the net to shut it down,’” Nygaard said. “If we can execute that well, then our defense is going to all of a sudden have these big open spaces that they know exactly where to be.” USC isn’t the only one coming in with a tough pre-conference schedule. The Tritons have had big wins against Loyola-Chicago, No. 12 Princeton and most recently No. 14 Concordia and improved to 8-3 overall.  A five-underclassmen lineup will have to hone in on in-game adjustments and anticipate UCSD’s offensive plays. The Trojans were outblocked 13-6 by Irvine with USC junior setter Chris Hall logging more successful blocks than all pin hitters combined. “I still think that we’re a top-three team in the nation,” redshirt sophomore outside hitter Billy Fauntleroy said. “We’re a young team, we’re just still learning how to play together. These young guys are learning how to play at a much higher level than they were half a year ago.” On USC’s side of the net, look out for offensive production from true freshman outside hitter Adam Flood, who led the team with 13 kills in his third game as a Trojan. Hall continues to prove his value as a key asset beyond his setting skills by leading the team in digs and making an impressionable impact in serving.last_img read more


Jamal Custis emerges as top threat via ‘alien takeover’

Posted On Sep 16 2020 by

first_img Published on September 3, 2018 at 10:14 pm Contact Josh: jlschafe@syr.edu | @Schafer_44 Comments KALAMAZOO, Mich. — After a facemask gifted Syracuse a first down at the Western Michigan 21-yard line, Eric Dungey’s pass looked like it had been thrown too far behind. But as the receiver looked for the ball on his five-yard out route, it wasn’t too far. Not on Jamal Custis’ career night.The redshirt senior stretched his left arm behind him and snagged the ball with one hand. With possession, Custis side stepped past a dividing defender and dashed 21 yards to the endzone.“Probably my greatest catch in my life,” Custis said. “To be honest, like, I didn’t even realize I caught it with one hand, people were telling me that once I got to the sideline.”Following his six receptions for 168 yards and two touchdowns, Custis responded to a number of family and friends on Twitter who shared his catch. He even appeared as the top play on Sportscenter’s Top 10.AdvertisementThis is placeholder textEntering the game, Custis had tallied 142 yards and two touchdowns on 13 receptions through three seasons. Still, the 6-foot-5 target was one of the names in the conversation this offseason when discussing who would replace Ervin Phillips and Steve Ishmael at the wideout spots. In Syracuse’s first game without the pair that accounted for 63.6 percent of the team’s receiving yards a year ago, Custis was the lone wide receiver with a reception.“He came on and he played a fantastic game, he had a rough spring and he really didn’t have a fantastic early fall,” head coach Dino Babers said. “But I will tell you this, the last week, the last seven days of practice, he came on and he made enough plays to get the start and I’m really proud of him … it’s like an alien takeover, who’s in the body, right?”Through six seasons, Babers’ offense has produced top-tier receiver talent, even when it wasn’t inherently present. In 2012, Eastern Illinois Erik Lora grabbed 13 balls for 151 yards and two touchdowns in the season opener. He went on to breach the 1,000-yard mark in both the 2012 and 2013 seasons. While Lora excelled in his second season, so did teammate Adam Drake, who mustered 14 yards in the season opener but had 1,305 by seasons end.In 2015, Bowling Green receiver Gehrig Dieter had 133 yards and a touchdown in the season opener and finished with more than 1,000 yards on the season. In 2016, graduate transfer Amba Etta-Tawo tallied 210 yards and a touchdown in the season opener before recording an SU single-season record 1,482 yards. Last season, Steve Ishmael racked up 134 yards in game one before ending 2017 with 1,347 yards.Each receiver — besides Lora in 2013 — never had a 1,000-yard receiving season prior to their breakout year.“These guys learn what we want,” Babers said after the spring game April 13.  “They go into the summer. They keep practicing. They work on the timing with the quarterbacks. And then every year that we’ve been in this offense somebody pops up that you really don’t know about, or someone that’s here all of sudden turns into something you never thought.”Custis said he caught passes one-on-one with Dungey over the summer to improve timing. He said he wants to be a reliable option and, as the oldest member of the position group, step up into a leadership role. In early August, when talking about the receiver position battle, Babers singled out Custis. He remembered Custis standing out as the best receiver during fall camp in 2016 before being sidelined for the entire season with an ankle injury. Back then, he said Custis had the potential, the coaching staff just hadn’t seen it on a consistent basis.Last Friday, Custis began many plays out of the slot, the inside wide receiver position, including for both of his touchdowns. Matched up against a safety or linebacker, Custis noted that he used his speed to blow by the defenders. On his first touchdown, he made a one step cut to his left before taking off on a fade past the defender.“I always believed I can be that guy,” Custis said. “You know this is my opportunity now, and I’m going to try to take advantage of it.”Dungey after the game said the receivers need to be better. And Babers said Monday that there were too many drops. But of those comments weren’t targeted at Custis. Through one game, he passed the test.“He was occasionally great,” Babers said Monday of Custis. “I want him to be consistently good. And I’m looking forward to being able to say, ‘Hey he’s done it again, he’s done it again and now he’s one of our guys. I can’t say that yet. I want to.’” Facebook Twitter Google+last_img read more


County Senior Football Championship results

Posted On Sep 9 2020 by

first_imgDrom-Inch overcame JK Brackens 2-11 to 1-13Killenaule beat Kilsheelan-Kilcash 3-17 to 2-12While in Group 2 Moyle Rovers had an easy victory over Aherlow Gaels 2-14 to 0-6 points.EarlierGaltee Rovers/St Pecaun secured a 3-10 to 0-12 victory over ArdfinnanWhile 2015 champions Clonmel Commercials survived a scare to see off Cahir 0-21 to 3-8And on SaturdayUpperchurch-Drombane lost by a point to Ballyporeen.It finished up 0-12 to 1-10 in Sean Tracy Park.And at the Clonmel Sportsfield, Arravale Rovers overcame Fethard on a scoreline of Fethard 2-10 Arravale Rovers 2-12.It was an impressive comeback from the Tipperary town club, who came from 6 points down at half time to win the game.last_img read more


Judge Dismisses Lawsuit Seeking Quick Unemployment Payments

Posted On Aug 12 2020 by

first_imgKitchen quoted the governor on those statements while making his plea to the judge.“They had their shot at this, too little, too late, something has to be done, all the king’s horses and all the king’s men cannot fix the system,” he said, adding, “Fifty years ago we put a man on the moon but we can’t enroll people in an unemployment system.”Dempsey ultimately said she had no choice but to grant the state’s request, adding that she does not “have the authority to rewrite the statute or to create a whole new pay and chase system.”The DEO dashboard states that more than $1 billion has been paid to claimants as of Wednesday, which translates to at least one payment being sent to 481,487 people. In addition, more than 1.1 million people in the state have filled for unemployment benefits since mid-March.Gov. DeSantis this week asked the inspector general to investigate the $77.9 million contract under which the CONNECT site was built seven years ago. A judge granted a motion to dismiss a lawsuit filed against the State of Florida and its unemployment benefit system operators on Wednesday.The lawsuit had been filed by attorneys representing Floridians who are awaiting their unemployment payments due to the fallout from the coronavirus pandemic.The hearing was held by phone and through a virtual meeting.Attorneys for the state told Circuit Court Judge Angela Dempsey about steps that officials have taken to get the problematic CONNECT system working and processing payments and applications.One of the attorneys for Gov. Ron DeSantis said Florida law does not have provisions for residents to receive immediate checks. She added there are numerous state and federal requirements that must be met in order to avoid fraud.“We are doing the best we can with the system and the resources we have,” she explained. “It’s not as fast as we would like, it’s not as fast as you would like.”On the other hand, attorney Gautier Kitchen, who represents the residents, suggested the state pay everyone and confirm unemployment later, adding that the DEO is “deterring, delaying and denying. They can pay and chase just like they do with Medicare.”DeSantis has previously called the CONNECT system a “clunker” that was not designed to withstand any type of surge in usage.last_img read more