Tag: 大桶大提供隐性服务

first_imgThe DWP said that it recognised “the additional challenges and risks” a flat fee structure can present, but that its view was not to ban flat fee structures outright but to consider incorporating new conditions intended to limit their application in circumstances where scheme members would lose out.More specifically, it said it was considering measures that would set a minimum pot size before a flat fee could be charged.In a blog post, Henry Tapper, former director at First Actuarial and now looking after his own company, Age Wage, said the DWP’s suggestion with respect to flat fee charging was “the one new idea” in DWP’s consultation.“This will be painful,” he wrote. “Small pots are already causing a lot of pain to master trusts and they are moving to combination charges out of financial necessity.”Transaction costs, CTI take-upAs part of its “call for evidence” the DWP is also is seeking industry views on including transaction costs within the 0.75bps charge cap.It said it wanted to “assess the effectiveness of any measures designed to improve disclosure of transaction costs before deciding whether a cap on these costs would be appropriate, and if so, at which level it should be set”.The DWP is also seeking input on options to assess and widen take-up of the standardised cost disclosure templates developed by the industry Cost Transparency Initiative (CTI).Questions it is asking include whether legislative information is required to support adoption of the CTI templates, and how easy it is to request cost information from asset managers.There is no industry-wide data on the use of the CTI templates, although the CTI has reported strong take-up.The DWP’s consultation can be found here. It is open until 20 August. The DWP said it aimed to bring forward proposals in response to the consultation later this year.To read the digital edition of IPE’s latest magazine click here. The Department for Work and Pensions (DWP) has suggested imposing new conditions on the use of flat fees in default arrangements in defined contribution (DC) auto-enrolment schemes.It is seeking industry views on this as part of a wider consultation on the charge cap for default DC auto-enrolment arrangements and standardised cost disclosure.A flat annual fee can be combined with a percentage of funds under management for one of two permissible combination charging structures for default funds in DC auto-enrolment arrangements.While seen as providing the greatest benefit to members with the largest funds, flat fees have been criticised for having a regressive effect on small pension pots.last_img read more

first_imgThe school announced guidelines Tuesday spelling out that the number of people allowed at Brooks Stadium includes teams, coaching staffs, game day staff, game day operations, working media, band, spirit teams and volunteers, along with spectators.The Chanticleers play in the Football Bowl Subdivision and open their home season against Campbell on Sept. 18.___Leaders of six state legislatures in the Big Ten footprint have sent a letter to Commissioner Kevin Warren asking the conference to reconsider its decision to cancel the fall football season.The letter is written on the letterhead of Michigan House Speaker Lee Chatfield and also signed by statehouse leaders from Iowa, Minnesota, Ohio, Wisconsin and Pennsylvania. “Recent actions taken by other conferences around the country to start football and other fall sports have placed the Big Ten, its members and students at a disadvantage,” the letter said. “These athletes are losing a vital part of student life and are becoming less marketable to future employers with each passing week. Additionally, our local universities stand to lose hundreds of millions of dollars that support vital student scholarships.“This is even more frustrating when we think of how our Big Ten athletic programs are leading the way by providing outstanding health and safety protocols. All of that unprecedented planning and teamwork was an unmitigated success, and yet somehow the conference has decided to cast it aside anyway.”The Big Ten, and Warren in particular, have received strong pushback since the conference announced that university presidents voted to push back football and other fall sports until the second semester because of the coronavirus pandemic. Ohio State quarterback Justin Fields started a petition seeking a reversal, parents of players held a protest outside Big Ten headquarters and eight Nebraska players filed a lawsuit.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports The Latest: Coastal Carolina gets OK to host reduced crowds Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Coastal Carolina of the Sun Belt Conference has gotten approval from the state of South Carolina to have up to 5,000 people at its home football games this fall.center_img September 8, 2020 Associated Press last_img read more

first_imgGodfrey Walusimbi. PHOTO via @OfficialFUFAKampala, Uganda | THE INDEPENDENT | Uganda’s Albanian based defender Godfrey Walusimbi has announced his retirement from the Uganda Cranes.The left sided defender who was part of the Cranes team at the 2017 and 2019 Africa Cup of Nations in Gabon and Egypt respectively communicated his retirement to FUFA today.“It’s been 10 years down the road having a great honour and so privileged to represent my country Uganda in International football tournaments,” said Walusimbi in a letter he sent to FUFA.“I believe I have done my best concerning representation with full abilities, so to that I decided to let the younger ones to showcase their abilities too, and hope them too will embody the spirit of the nation,” he added.Walusimbi who joined Albanian side KF Vllaznia after the 2019 Afcon few months ago had not been summoned in new coach Johnathan McKinstry early on Friday ahead of an international friendly away to Ethiopia slated for October 13th. “Well done Walusimbi. Thanks for the great service to Uganda Cranes,” said FUFA. The defender’s retirement leaves the Uganda Cranes with three senior players; Denis Onyango, Hassan Wasswa Mawanda, Emmanuel Arnold Okwi.Walusimbi played for SC Villa, Vipers FC before joining the paid ranks with CS Don Bosco in DR Congo, Gor Mahia FC (Kenya), Kaizer Chiefs (South Africa).*****URNShare on: WhatsApplast_img read more