​UK’s new ESG pension rules are just the first step: PLSA

first_imgTrustees had to continue working with advisers and managers both to implement ESG and stewardship approaches across their portfolio, and to consider the best way to talk about these issues with scheme members, she said.“This will be important if they are to meet the next set of 2020 regulatory deadlines, as well as those coming down the track in 2021,” said Escott.There had been “an explosion” in the number of ESG products in the market over the last few years, she said, but schemes had to continue to be vigilant.“Trustees should work with their advisers to do the proper due diligence to differentiate between those asset managers who are walking the walk on ESG and stewardship and those who are just greenwashing,” she said.Separately, BMO Global Asset Management said asset managers had to show they were capable of supporting pension funds in meeting the new requirements.Christy Jesudasan, fiduciary management sales director at the firm, said: “The DWP regulations are a step in the right direction, moving the market from box ticking to having a plan of action for trustees to truly embed ESG risks into trustee governance and strategic plans for schemes.“Asset managers now need to prove their abilities and expertise across all three phases – advice, implementation and reporting,” he said.In the run up to the deadline, he said, trustees had been increasingly focusing on the role of ESG in investment portfolios, with the new disclosure requirements forcing them to consider ESG factors across all stages of the investment process.This made it more important than ever for asset managers to have an open dialogue with pension trustees that factored in long-term funding objectives and made sure all parties were aligned on ESG goals and risks, he said.“While tailored solutions will be key, with no consistent framework in place we can expect a wide variation in the format and quality of reporting from asset managers,” Jesudasan said. New disclosure rules relating to UK pension funds’ consideration of environmental, social and governance (ESG) factors and engagement with investee companies should be seen as a first step in an “ESG journey for trustees”, according to the industry’s main trade group.Under the changes, which come into effect tomorrow, trustees must outline their approach to engagement with and voting of their shares in investee companies, and how they take account of financially material factors, including ESG and climate change considerations, in investment decision making.The changes reflect regulatory updates from the Department for Work and Pensions (DWP) in 2018. Further changes to the investment regulations for occupational pension schemes were made this year in order to implement the EU’s revised Shareholder Rights Directive II. Caroline Escott, policy lead for investment and stewardship at the Pensions and Lifetime Savings Association (PLSA), said: “The PLSA supported the DWP’s work to better help trustees consider ESG and stewardship approaches, but we must remember that this is the start of the regulatory journey and not its final destination.”last_img read more

Reward set for tips in DJ slaying

first_img Friends and family said Garcia had an overzealous fan at one time. “Anyone that’s in the limelight, whether you’re a movie star or a DJ in Bakersfield – you have people who want to get close to you,” said Evan Bridwell, director of programming for KUZZ. BAKERSFIELD – A radio station offered a $10,000 reward Tuesday for information leading to the arrest of the killer of a disc jockey. Karen Ann Garcia, 34, was found dead in her apartment last month. The Kern County Coroner’s Office said Garcia was strangled. Garcia had worked at Buck Owens Production Co.’s KUZZ-FM, a country music station, since March as a music director and evening disc jockey. She was found dead Nov. 7 after co-workers became worried when she missed a work shift. Police have not named any suspects and say the investigation is ongoing. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Why Topic Pages Are The Next Big Thing

first_imgRelated Posts The above Medium collection is based around a fairly broad theme – places you’ve been to and loved – but remember that Medium is a brand new service and so it doesn’t have a lot of content at this point. Fast forward a couple of years and there may be dozens of photos and write-ups of the Golden Gate Bridge in Medium’s database. We’re projecting here, but it seems like a good bet that Medium’s “collections” will become more narrow as its store of content gets larger, so there probably will be a Golden Gate Bridge collection at some point.This also highlights another principle of topic-based organization: that a piece of content can live in more than one place. That photo of the Golden Gate Bridge only lives in one Medium collection right now (at least as far as we can tell, because there’s very little navigation in Medium). But it could also be put into a collection called, for example, ‘Great Bridges of the World’.Why Topic Pages Haven’t Become a Big Thing…YetOrganizing pages of content by topic or theme isn’t new – as we noted above, products like Flickr and Delicious popularized the concept. You could even argue that Yahoo’s mid-90s directory started the whole trend.But topic pages never reached their potential. That’s because, up till now, publishing has been dominated by chronological organization. Three of the biggest services on the Web prove this:1. Facebook, the world’s largest social network, is mostly organized chronologically – according to who you’ve befriended or subscribed to. There are other content organization options, such as using lists and tweaking filters in your News Feed. But you generally don’t go to Facebook.com and expect to see content organized by topic or theme.2. Twitter, the world’s leading real-time information network, is also largely chronological – based on who you follow. Hashtags are one way of organizing content around topics in Twitter, but it’s very much a secondary form of organization.3. Blogs, perhaps the defining product to come out of the Web 2.0 era, are still mostly read chronologically. That’s despite repeated efforts by professional blogs to offer topic-based navigation and RSS feeds.Will Medium & Pinterest Change How We Consume Content?Medium is putting the emphasis on topic-based browsing, rather than chronological. But it’s too early to tell whether it will change the way we consume content, on a mass scale. Perhaps we shouldn’t be looking at an unproven, still nebulous product to show the value of topic pages. An existing product is much closer to proving that topic pages are the next big thing: Pinterest. The image focused social network has thousands of “boards” that are based around topics or themes. Boards aren’t as structured as Medium’s collections, but the content in them could easily be turned into topic pages. For example this Pinterest search result for Golden Gate Bridge. Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… Tags:#Publishing Services#web However it happens, personally I’m convinced that topic pages are going to become ever more important in this unruly Web. There’s simply too much content to consume nowadays, so the great challenge of online publishing is to organize it better. Topic pages are the solution.See also: Why Topic Pages Haven’t Worked For News Websites YetTop photo: Medium cupcakes, from the collection Launch Day. Although it’s not an exact topic match, Medium currently has a collection entitled “Been There. Loved That.” which includes a photo of the Golden Gate Bridge. Other photos in the collection include a Frank Gehry building in Chicago, Tuscany in Italy and The Grand Canal in Venice.What makes Medium different from Flickr is that there appear to be set categories for users to put their content into. As Dave Winer noted when he first published a post on Medium: “Instead of adding a category to a post, you add a post to a category.” Tagging in Flickr or Delicious is freeform – you can create a brand new tag and it doesn’t even need to be a proper word. Medium’s form of topic mapping is more structured. richard macmanus Chronological and real-time consumption of content just doesn’t work anymore. It’s time for topic pages to add a layer of organization on top.In last week’s post, 5 Reasons Why Web Publishing is Changing (Again), we explained why online publishing is going through another sea change. One of those reasons was topical organization of content in services like Medium, the latest product from two of Twitter’s founders. In Medium, which is currently in a semi-public beta, content is organized into pages. Each page, which Medium calls a “collection,” is structured around a single topic, theme or event. Up till now, people have consumed content largely on a chronological basis: think Facebook, Twitter and blogs. Now services like Medium, along with the more established Pinterest, are attempting to change that. The time for topic pages has come.Organizing Web content by topic or theme is not new. Over the past 8 or 9 years, tagging has been the most common method of creating structure online. So-called Web 2.0 companies like Delicious and Flickr built their entire businesses around user-generated tagging of content. For example, here is a Flickr page based around the tag “Golden Gate Bridge”: 8 Best WordPress Hosting Solutions on the Marketlast_img read more

5 Reasons You Fail at Cold Calling

first_imgHere are five reasons some people fail at cold calling.Cold calling doesn’t work when you aren’t making enough calls. If you make between 6 and 10 calls a day, you aren’t really prospecting. That isn’t enough calls to give yourself a fair chance at success. To make cold calling work you need an already researched target list and 60 to 80 fasterdials. That number will not only produce appointments, but it will also give you enough reps to get better faster.Your value prop is weak. If your cold calls aren’t producing results, one of the primary reasons for the failure to obtain appointments is that your sales call value proposition isn’t compelling. How would you like someone to “stop by,” to introduce myself and my services?” The great benefit your dream client can expect is a chance to listen to you talk about yourself and your company? You can see why they might pass. To make cold calling work, you have to ask for a meeting where your dream client receives the value.Asking for big commitments early on causes resistance. If your “ask” is open-ended when it comes to time, you frighten your dream client off. They believe you may wear out your welcome by sitting in front of them for 90 or 120 minutes. Even asking for an hour can be too much. A smaller commitment, like 20 or 30 minutes instead of an open-ended request, is more palatable. And your dream client can say “yes,” confident that they can bail out if you aren’t creating value.Cold calling won’t work if you don’t ask for a meeting twice. You should expect a “no” to your request for a meeting on your first attempt. Your dream client says “no” to everyone who calls, not knowing how to tell who is worth meeting and who isn’t. The first attempt elicits an objection, a test to see if you might be worth meeting. You must ask twice.You can’t succeed at cold calling without resolving your prospect’s fears or concerns. You will hear “We are already working with someone.” You’ll hear, “We are happy with the people we work with now.” You will also hear “Just mail me information,” and “I don’t have time right now.” None of these objections to a meeting is likely true. In fact, some of your competitors are meeting with people who gave them these objections. Your prospect’s real concern is that you aren’t going to make a meeting worth their while, that you don’t have any real insight, that you can’t really help them, and that they are going to regret meeting with you. You have to promise that none of these things are true.Are you making enough calls?Do you have a compelling value proposition for the meeting you are asking for?Is the commitment small enough that it is easy to say yes to?Are you always asking twice?Do you know how to resolve your prospects real concerns?last_img read more

SEA Games: Kayla Richardson skips 100m dash, targets 200m gold

first_imgLacson: SEA Games fund put in foundation like ‘Napoles case’ NATO’s aging eye in the sky to get a last overhaul LATEST STORIES Robredo should’ve resigned as drug czar after lack of trust issue – Panelo PH Volcanoes off to hot start in SEA Games Kayla Anise Richardson of the Philippines (center) finishes first for the gold medal at the 28th SEA Games Women’s 100m finals held at the National Stadium, Singapore Sports Hub. INQUIRER PHOTO/RAFFY LERMAKUALA LUMPUR — In an apparent strategic shift, reigning century dash queen Kayla Richardson won’t defend her Southeast Asian Games crown and instead will concentrate on 200-meter and the relays.The 17-year-old Richardson said she didn’t train for the 100m dash — easily the showcase event of centrepiece sport of athletics.ADVERTISEMENT SPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingREAD: With a heart for old people, Richardson twins hope to run to golden finishShe will be running in the relays with twin sister Kyla, Katherine Santos and either Eloisa Luzon or another Fil-American Zion Nelson Corrales. “I don’t really want to say that I am giving it up, but this is not the event I have been training for,” said Richardson, who snared silver in 200m right after her century dash triumph two years ago.The team is looking at finally clinching the 200m gold this time and save the University of Southern California sophomore for possible golds in 4X100 and 4×400  relays.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hosting MOST READ Trump signs bills in support of Hong Kong protesterscenter_img Celebrity chef Gary Rhodes dies at 59 with wife by his side Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Pagasa: Storm intensifies as it nears PAR Kayla, according to her father Jeffrey, has a personal best of 23.60 seconds in 200m but ran 23.45 “with a little tailwind.”Her expected opponent in 200m is Singaporean champion Shanti Perreira, who won it with a time of 23.60 seconds two years ago in her backyard.Sports Related Videospowered by AdSparcRead Next Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Trending Articles PLAY LIST 00:50Trending Articles02:49World-class track facilities installed at NCC for SEA Games03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH03:04Filipino athletes share their expectations for 2019 SEA Games00:45Onyok Velasco see bright future for PH boxing in Olympics02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games00:36Manny Pacquiao part of 2019 SEA Games opening ceremony Don’t miss out on the latest news and information. View commentslast_img read more

Veteran August Benedicto, Leonard Rondina banner Filipino finishers in Ironman 70.3

first_imgAugust Benedicto. Photo by Tristan Tamayo/INQUIRER.netSUBIC, Zambales—Lost in the hoopla of a race that featured nearly 900 athletes were two Filipinos August Benedicto and Leonard Rondina, who bannered the country’s finishers in the 2019 Ironman 70.3 Subic on Sunday here.Benedicto was the first of the Asian Elites, and sixth overall, to finish the race while Rondina came next and the two not only got shiny new medals they also qualified for the Ironman 70.3 Nice World Championship.ADVERTISEMENT Both were men of few words and were more than thankful in representing the country and becoming champions in their own rights.“For me of course I’m really happy because I was able to defend my title in the Asian Elites,” said Benedicto, who finished the course with a time of 4:44:04, in Filipino.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsBenedicto replicated his success in the 2018 Full Ironman in Subic wherein he was the first Filipino finisher.Rondina, who’s just in his second Ironman race, said he was proud of what he accomplished considering he’s just a newbie in the sport. Catholic schools seek legislated pay hike, too “I’m very happy because I was able to get the second place [among Asian Elites] and this is just my second time in the Ironman,” said Rondina, who clocked in at 4:50:46, in Filipino.Rondina and Benedicto are just two of the several Filipino athletes that will compete in Nice in September.Sports Related Videospowered by AdSparcRead Next LATEST STORIES Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Don’t miss out on the latest news and information. ‘Rebel attack’ no cause for concern-PNP, AFP Two-day strike in Bicol fails to cripple transport PDEA chief backs Robredo in revealing ‘discoveries’ on drug war Unbeaten PetroGazz rips shorthanded Motolite Cayetano: Senate, Drilon to be blamed for SEA Games mess Private companies step in to help SEA Games hosting DA eyes importing ‘galunggong’ anew Filipino athletes get grand send-off ahead of SEA Games PLAY LIST 01:27Filipino athletes get grand send-off ahead of SEA Games00:59Sports venues to be ready in time for SEA Games00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss MOST READ View commentslast_img read more