Chemical scheme to join APF following pressure from regulator

first_imgAs a consequence, DNB had demanded measures to ensure sound management.Initially, the pension fund had played down the urgency for change, saying it would seek talks with similar schemes about setting up an APF.However, following further pressure from the supervisor, Rob van Pernis, the scheme’s chair, stepped down and was replaced by Heemskerk. Heemskerk led the Dutch pension fund of Royal Bank of Scotland when it joined the Centraal Beheer APF last year.At the moment Cindu’s board is negotiating with four APFs, according to Heemskerk.He said a potential problem was that the employer and unions were in conflict about the pensions accrual, which had been unilaterally reduced by the sponsor. However, the unions said that they were prepared to compromise.With a funding of almost 120% at July-end, the Pensioenfonds Cindu is financially relatively healthy. During the past 19 years, it has been able to grant 78% indexation based on the consumer index. A Dutch chemical company’s pension scheme is to join a general pension fund (APF) following pressure from supervisor De Nederlandsche Bank.DNB deemed the €173m pension fund of the former Chemische Industrie Uithoorn (Cindu) vulnerable because of ageing demographics and difficulties finding new board members, according to Jacco Heemskerk, the scheme’s new independent chairman.With just 74 active partipants but more than 1,000 pensioners and 435 deferred members, Cindu was on DNB’s list of “vulnerable and not sustainable” pension funds.The scheme had experienced difficulties coping with new legislation and finding new board members. Its annual report for 2016 showed that it didn’t comply with legislation or DNB’s code for pension funds on many issues. In addition, its investment cycle was not up to scratch and it also lacked compliance management.last_img read more

Expro inks Ichthys LNG contract extension with Inpex

first_imgImage courtesy of ExproInternational oilfield services company Expro has secured a contract extension to supply well test and subsea services for Inpex-operated, Ichthys LNG.The contract will see Expro continue to supply a high rate 175 MMscf/day well-testing package, which will include electronic emergency shut down (ESD) systems, the company said in its statement.Expro will also supply seven high debris valves, developed as part of the Next Generation Landing String (NGLS) program, designed and tested to the industry’s new API 17G standard.Mrinal Vohra, Expro’s region vice president of Asia Pacific, said, “Since 2014, Expro has delivered a solid track record on the INPEX-operated Ichthys LNG, completing 18 wells to date.”Work on the next phase of field development is due to commence in March 2020.last_img read more

Boca to renew Tévez until end of Libertadores

first_imgCarlos Tévez’s goal to win the Argentinian league could well sign the script of a story full of ups and downs but with a happy ending. His contract is up in June 2020.Despite his contract ending on 30th June, Boca’s intention is to get Tévez to sign a renewal. However, Boca will only do so until the end of the Copa Libertadores, ‘Ole’ inform.The aforementioned source also assures that if all competitions are suspended because of COVID-19, Boca Juniors will offer him a renewal for at least 1 more season.Boca to renew Tévez until end of LibertadoresRead Also: Video: Ronaldo uses his kids as weights during home workoutsThe intention of both parties is to end his deal on the park, not from the offices, as is happening currently. The stamp to the new contract could happen in the next few weeks.Boca Juniors’ recent history cannot be explained without Tevez, and Tevez cannot be understood without La Bombonera. Both are condemned to understand each other to put the finishing touch on a great career.FacebookTwitterWhatsAppEmail分享 Promoted Content6 Interesting Ways To Make Money With A DroneThese Are The Best Stargazing Locations You Can Find On EarthThe 10 Best Secondary Education Systems In The WorldPlaying Games For Hours Can Do This To Your BodyCouples Who Celebrated Their Union In A Unique, Unforgettable WayWhich Country Is The Most Romantic In The World?Who Is The Most Powerful Woman On Earth?A Hurricane Can Be As Powerful As 10 Atomic Bombs10 Irresistibly Cute Albino Animals That Will Make You DayThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Fascinating Facts About Coffee7 Black Hole Facts That Will Change Your View Of The Universe Carlos Tévez’s Boca Juniors contract ends on 30th June 2020. Despite his deal ending in 2 months, Boca’s intention is to renew it until the end of the present Copa Libertadores.Advertisementcenter_img Loading… last_img read more

2016 fishing licenses expire Friday

first_imgBATESVILLE, Ind. — The Indiana Department of Natural Resources reminds fishers, that last year’s fishing licenses are set to expire tomorrow.A new fishing license will be required beginning on Saturday and will be valid through March 31, 2018.An annual fishing license is needed to fish in public lakes, streams, rivers, or tributaries.Licenses can be purchased online or in person at several retailers across the state.The cost is $17 for residents and $35 for non-residents.last_img

Behavioral nonprofit names new executive director

first_imgCalifornia, Ky. — Holly Hill Child & Family Solutions has introduced Connie Freking as the new executive director.  Connie is currently the Director of Payor Relations at Children’s Home of Northern Kentucky.  Prior to her four years at CHNK, she spent 18 years at Brighton Center as the Youth Services Department Director.  Freking has her Bachelor’s Degree in Secondary Education from Eastern Kentucky University, and her Master’s Degree in Community and Agency Counseling from Xavier University.  She’s bringing more than 29 years’ worth of non-profit experience to Holly Hill.Holly Hill Child & Family Solutions is a nonprofit behavioral health organization that has been creating brighter futures for the children of Northern Kentucky for over 134 years.  Holly Hill started out as a traditional orphanage in 1884 and has transitioned over the years to meet the needs of its community with their residential and community-based programming.  Holly Hill is dedicated to building resilient kids and families for a stronger Kentucky.As Executive Director, Freking will be responsible for the delivery of high quality professional services, the fiscal integrity of the agency, and the development of an engaged staff.  She will also keep a pulse on trends in community services and healthcare in order to recommend strategic growth opportunities for the agency, including partnerships with other entities.  Freking will have the vision to recommend new strategies that are consistent with Holly Hill’s mission, to strengthen the lives and children through its programs and services, focused on the child.“It’s an unbelievable opportunity to be able to provide the leadership to positively impact the lives of our community’s children and families.    To work with such a vibrant board and a highly-talented group of leaders and to have a greater impact on those we serve is such an honor.” Freking said.   “We’re in an ever-changing environment in our world, in our community, and specifically in non-profit. I’m excited about being in such a high profile leadership role and will continue to build on what Holly Hill has accomplished.”Stephen Mann, Chair of Holly Hill’s Board of Directors adds, “We are extremely fortunate to have found someone who is very knowledgeable in the programs we offer.  Connie’s passion for non-profit services for families and children make her a dynamic addition to Holly Hill.  We believe Connie will be able to have an immediate impact in helping us move Holly Hill forward.”Connie Freking grew up in Boone County and is currently a resident of Blue Ash, OH, but has been working in Northern Kentucky for most of her professional career. She enjoys having new experiences and meeting new people.  In her spare time she enjoys traveling, kayaking, reading, and cooking Sunday dinner for her friends and family.  She practices meditation and mindfulness, and loves working with the youth group at her church.  Connie’s first official day at Holly Hill will be Wednesday, June 27th.last_img read more

Sack claims surprise Allardyce

first_imgWest Ham manager Sam Allardyce insists he has received no indication from the club’s owners that his future is under threat. Press Association Allardyce is due to meet Sullivan next week but the Hammers boss does not believe his position will be on the agenda. “I rang him up and spoke to him about what’s been planted around and under those circumstances we just talked about getting together and having our meeting next week,” Allardyce said. “The only thing I can say is I spoke to David Sullivan yesterday about us arranging our usual end-of-the-season meeting to go through pre-season and go through budgets and what will happen next season. “I had no indication that my position is under threat. That’s all I know, he’s the boss and that’s the bottom line for me.” Allardyce added: ” People in the game have to write speculation because they have to sell newspapers. “Whether that speculation becomes a reality we don’t know but I will find out next week if it is.” West Ham are 12th in the Barclays Premier League table and have secured their top-flight status for a second consecutive season. center_img Allardyce rang co-chairman David Sullivan on Thursday after reports emerged suggesting he faced the sack after the team’s final game of the season at Manchester City on Sunday. Hammers fans have regularly vented their frustration over the club’s style of football under Allardyce and Sullivan apologised for the campaign at the club’s end-of-season awards dinner on Tuesday night. last_img read more

Injured Ikeme to Resume Training in Two Weeks

first_imgInjured Carl Ikeme will resume training with his English Championship club Wolverhampton Wanderers in a fortnight, according to Nigeria coach Gernot Rohr.“He will start training with Wolverhampton Wanders in two weeks,” disclosed Rohr.A hip injury stopped Ikeme from last weekend’s World Cup qualifier against Algeria in Uyo.Late replacement Daniel Akpeyi from South African club Chippa United deputised for the Nigeria first-choice goalkeeper on Saturday. Meanwhile, Rohr has revealed he hopes Super Eagles centre, William Troost-Ekong moves to a bigger club than Gent of Belgium so as to improve as a full international.Troost-Ekong has been on loan at Norwegian club Haugesund, but will return to parent club Gent in January.“Ekong is changing clubs, he must play at a high level. He has been playing in Norway, which is not bad, but he must play at a higher level,” Rohr said.“He wants to go to Belgium, but it is not enough for him, we will try to help him so that he could go to a club, where he could play better and at a higher level.”The 23-year-old Ekong, who represented Holland at age-group levels, was recently linked with a move to England, where he was once on the books of Fulham and Tottenham Hotspur.Ekong, an international since June 2015, has formed a great central defence partnership in the Super Eagles with Leon Balogun, who features for Mainz 05 in the German Bundesliga.It is a combo Rohr said has given him a great deal of satisfaction.“We already have a good central defence. They have given us a good satisfaction,” he remarked.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Ndidi: World Cup Experience Has Made Me a Better Player

first_imgPlaying against the likes of Lionel Messi and Luka Modric has inspired the Nigerian to take his game to a new level.After signing a new contract with Leicester City which ties him to the Premier League club until 2024, Ndidi said the global tournament was a learning experience for him.“The World Cup was an amazing experience and you see different kinds of players. You play along players you see on TV and players from teams like Real Madrid,” Ndidi said to the Foxes’ official website.“I would say I learned some things from these players. I’m happy playing against them and you know what they do, they think very fast.“There is nothing like growing, so learning from all those things will make me grow. I’ll just keep pushing and give everything and look forward to the games.”Ndidi is set to be in action for Leicester this weekend when the Foxes play away to Southampton on Saturday afternoon.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Kunle AdewaleSuper Eagles midfielder, Wilfred Ndidi, has said that the experience of representing his country at the 2018 World Cup has made him a better player.Ndidi was one of the Super Eagles’ best players at Russia 2018, performing strongly in each of their three group matches against Croatia, Iceland and Argentina.last_img read more

Graham: Syracuse can hang with the best, but isn’t there yet

first_img Facebook Twitter Google+ CLEMSON, S.C. — After Syracuse’s heartbreaking, 27-23 loss to No. 3 Clemson, standing outside the visitors’ locker room, Dino Babers addressed a blitz of questions.Feel like your team deserved to win that game? Did your team earn some respect today? Does it prove anything about this program? “We can’t be satisfied with coming close,” Babers said, answering the last question. “Because that doesn’t pay the bills for us.”AdvertisementThis is placeholder textSyracuse (4-1, 1-1 Atlantic Coast) proved it’s a good football team Saturday — programs don’t lose to the No. 3 team in the country by four points, on the road, by accident.But as the Tigers slashed down the field late in the fourth quarter on their game-winning drive, it became clear that, though Syracuse is improved, there are disparities still between the Orange and the upper crust of college football.“We’re in a run to be the best team we can be,” Babers said. “It’s unfortunate that we lost today.” On Saturday, Syracuse went 3-for-15 on third down, took five penalties for 31 yards — an illegal man downfield cost a fourth down conversion — and kicked three field goals.Talia Trackim | Senior Design EditorTo win against the best, especially on the road, sustaining drives and scoring touchdowns is critical. The rationale is simple: The more you have the ball, the more likely you are to score.SU went for it on fourth down, converting once. The failure came with about nine minutes left, as Syracuse led Clemson, 23-20. Lined up at the Clemson 43-yard line, SU ran a run-pass option. SU quarterback Eric Dungey pulled the ball from Moe Neal, saw no running lane, and lofted a ball to tight end Aaron Hackett, who had a free release.It worked beautifully, except for the flag on the field. A signature feature of an RPO is a run blocking screen, despite the possibility of a pass. Left tackle Cody Conway was six yards downfield when the ball was caught. The ineligible receiver downfield penalty cost Syracuse five yards and a potentially game-changing first down.But Conway’s assignment as a tackle in a run blocking scheme is to get to the second level — he has no way of knowing if a run or pass is coming behind him. Dungey saw the play developing, but held the ball too long, apparently deciding between running and throwing. Babers took the blame after the game. Clemson was in a Cover 0 defense, Babers said, meaning SU had one-on-one matchups across the board. Babers said he should’ve audibled.Instead of a first down, Syracuse punted.Keeping drives alive is critical, especially against the best teams in country. Compounding the issue with penalties only adds insult to injury. When Syracuse found itself on the Clemson side of the 50, the end zone remained elusive. Of the seven drives that reached Clemson territory, two resulted in touchdowns, including a 10-yard drive, courtesy of a muffed punt. Three ended in field goals, two in punts.“We needed to score one more touchdown,” Babers said. “There’s no doubt about that.”The Orange did capitalize on the punt, as it needed too, but SU’s two other turnovers — a Trill Williams pick and Alton Robinson fumble recovery — set Syracuse up twice in Clemson territory. SU turned those two takeaways into a combined three points.Teams like Clemson don’t give away gifts that often, and Syracuse didn’t make the Tigers pay.“It’s going to come down to one or two plays,” Babers said. “One field goal that turns into a touchdown. One touchdown that turns into a field goal.”Clemson started its decisive 94-yard march with 6:06 left in the game. It rolled down the field behind running back Travis Etienne until facing a defining fourth and one. Syracuse had three timeouts. A false start backed the Tigers up five yards. But backup quarterback Chase Brice connected with Tee Higgins for a first down. Higgins stepped out of bounds. Clemson, with 2:41 left on the SU 32 yard-line, eyed the end zone.With the game in the balance, Syracuse needed one stop and couldn’t get it.Five-straight handoffs later, :41 remained and Clemson led, 27-23.Clemson’s running backs, particularly Etienne, ran free because of lapses from Syracuse’s linebackers. On Etienne’s second rushing touchdown, a stretch to the right side, linebacker Ryan Guthrie took a step to his right. As the hole shifted, and Etienne cut to Guthrie’s left, the linebacker could only dive at Etienne’s ankles.When Etienne slipped past Syracuse’s linebackers for the game winning touchdown later in the fourth quarter, all three were swallowed up in the heart of the offensive line. Guthrie and Kielan Whitner, on the play side, failed to set the edge.It didn’t have to go that way.Babers understandably wanted to sit on his timeouts, sensing there may be a need for a last-chance drive. But after Clemson converted on fourth down, and the defense didn’t seem to have anything left, the clock still ran and Etienne walked into the endzone.A timeout could’ve disrupted Clemson’s offensive rhythm while giving the defense a breather to unscramble. It would’ve given the offense more time.On SU’s ensuing drive, after a negated play and a bone crushing sack to Dungey, Babers used timeout No. 1. There was :20 left. SU sank to 4th and 17. The clock stopped due to a third-down incompletion. There was :12 left. The entire game rested on that play. Babers stood pat and kept his offense on the field.Even during the final drive, the absolute last ditch effort to pull off a miracle, when it was time to give everything, Babers sat on two timeouts.“I had to see what was going on,” Babers said of his late timeout usage. “Whether they were trying to score a field goal, whether they were trying to score a touchdown. If I use those timeouts and then they go all the way down to the end and they score with one second left — I use two timeouts — you’d be asking me the other questions.”By no means should Syracuse hang its head after Saturday’s performance. There is no shame whatsoever in the outcome, one that previous teams couldn’t have pulled off.In losing by four points to the No. 3 team in the country on the road, Syracuse proved the margin between the Orange and the elite has narrowed.The difference between a win and a loss was razor thin, but perhaps the biggest gap of all.Andrew Graham is a senior staff writer at The Daily Orange where his column appears occasionally. He can be reached at aegraham@syr.edu or @A_E_Graham. Commentscenter_img Published on September 30, 2018 at 10:34 pm Contact Andrew: aegraham@syr.edu | @A_E_Grahamlast_img read more

Jessica Ennis-Hill retires from athletics

first_imgShe hinted at the possibility back in August after failing to defend her title at the Rio Olympics.The silver medal she won there followed her gold on ‘Super Saturday’ at the London Games.last_img