Walsh questioned what would constitute a new fund launch.“If you’ve got some company merger or restructuring, then very often that would involve setting up a new scheme – maybe as a reconfiguring of existing schemes,” he said.“If you change the scheme rules, perhaps because of a change in benefits or contributions, does that constitute a new scheme?“It’s a question for lawyers, but you could make the case that it constitutes a new scheme.”Walsh said there was otherwise “plenty” for the NAPF to welcome in the Irish MEP’s report, which is yet to be amended by other ECON members.He also praised the changes suggested to the Pension Benefit Statement (PBS), for which the Commission has previously proposed a list of prescriptive rules, including a maximum length.Instead, Hayes included several high-level principles and asked for an exchange of best practice between schemes on how best to present the information.“There’s a lot of helpful simplifications, such as greater freedoms for member states, but there are some points where there’s some serious work still to do,” Walsh said.An area he identified as needing work was Hayes’s silence on depositories for defined contribution (DC) funds.Previous amendments proposed by member states during negotiations at Council of the EU level removed the requirement for DC funds to employ a depository where the assets were otherwise protected, but Hayes did not address the issue. Changes aimed at relaxing full funding requirements within the revised IORP Directive risks capturing all pension schemes undergoing mergers or restructuring, the National Association of Pension Funds has warned.James Walsh, EU policy lead at the UK trade association, said that while he was supportive of any attempt to reform funding requirements for cross-border funds, wording contained within a report by MEP Brian Hayes could impact any existing scheme making material changes.Hayes, the rapporteur within the European Parliament’s Economic and Monetary Affairs committee (ECON) responsible for the Directive, released his draft report that erased mention of cross-border activities from a clause on funding arrangements.Where the European Commission’s proposed draft said cross-border funds should be fully funded, the version proposed by Hayes states that the fund’s technical provisions should be fully funded “from the moment when the institution starts operating a new or additional scheme”.
The time is right according to President Trump who says he plans to declassify and […]
Schmoldt Says:Admittedly, I think it’s fair to say that first semester’s Point/Counterpoints between myself and Tom Ziemer were better than those of this spring semester. I can probably pick three fall entries that were better than any this semester, including the inaugural argument over which was worse, Dave Wannstedt’s mustache or the coach’s team at Pitt as well as a battle over the tastier sports name, Coco Crisp or Taco Wallace. However, undoubtedly the best one of the year was the mascot battle between the Williams College Ephs and the Whittier College Poets. In fact, the sports information folk at Williams College thought that it was so good that they posted it on their athletics website and offer us press passes to a basketball game between the two schools later on in the season. I mean, c’mon, it’s an argument over purple cows and pen and notebook-toting rhyming man!And, although it pains me to concede any of these arguments, I know that I lost this one — even though there was no voting system in place at the time.I am positive Dave has never had a one-liner better than “Named after John Greenleaf Whittier the writer, their mascot is much tighter. And tighter in the sense meaning cooler; their symbol carries a pen and a pad, not a ruler.”And in response I wrote: “But to combat the poetry of my counterpart, as much as I love the purple cow as the mascot, I must agree with Gelett Burgess’ words: “I never saw a purple cow / Nor do I hope to see one; / But I can tell you, anyhow, / I’d rather see than be one.”If there was ever an argument that combined humor with skills, it was the battle between Eph and Poet. This section has provided many of thrills, but if there was a better Point/Counterpoint this school year, I do not believe I know it.McGrath Says:So, as the academic year closes for The Badger Herald, we now ask the question that many a bartender has had to try and settle throughout the course of the past nine months: What has been the best Point-Counterpoint of the year?The options are many, especially if you consider the fact that there is no such thing as poor or sub-par Point-Counterpoint, only brighter shades of awesome. That’s why we don’t let Brenner near these things.The biggest limitation to Point-Counterpoint is the low word count. All too often 300 words just isn’t enough to get that extra John Daly joke in there consistently and too much excellent content goes the way of the Styrofoam Big Mac container.Thus, the best Point-Counterpoint would have to be the “Worst 5-man Dodgeball Team” edition. It had everything: competitive eater William Perry, perennial loser Zippy Chippy, professional faker Hulk Hogan … names that are all surely first ballot Point-Counterpoint Hall of Famers. Daly even found his way into that Counterpoint. YES!Although I did win handily that week, I will do my best not to rub it in, seeing as it is Schmoldt’s swan song and all.Word is that Schmoldt is acting like an annoying grandpa, longing for the days of Fall semester, when he wasn’t getting it handed to him so openly on the Internet superhighway as this semester saw the institution of online voting. The Spring season will “officially” end a 5-5 tie between Schmoldt and I, though I think we all know who won the two weeks that went unvoted.So he wants back to the old days? Fine let him have his past. Just don’t let him forget he was long a member of the Dirty Bird before he saw the light.
Nine goals were scored in six of the week seventeen fixtures of the Glo premier league with only three home sides recording wins.RTU continued their poor run of form failing once again to win at the Carl Reindorff Park.Liberty Professionals left it late to beat the Tamale-based side by a lone goal to nil.At the Kpando Park, home side Hearts of Lions won by 1-0 against Abusua Dwarfs.Arsenals gave themselves a boost to avoid relegation by recording their third win of the season.The gunners of Berekum beat Tema Youth by 2-1. Ashgold lost their fourth game of the season at home to Wa All Stars by a lone goal to nil. League leaders Medeama SC for the second time running failed to win. Striker Mahatma Otoo’s 63rd minute goal cancelled out the Tarkwa-based side’s lead to leave the game ending 1-1.Amidaus Professionals lost to former league champions Berekum Chelsea by a goal to nil at the Tema Park on Saturday.
Block E, Upper Grayston, is the first commercial building in South Africa to receive five green stars.Bruce Kerswill of the Green Building Council of South Africa says that green is catching on in the country.(Images: Janine Erasmus)MEDIA CONTACTS • Beverley Bradley McCann Public Relations +27 72 272 5166 • Martin Evans Director, Bryprop +27 11 463 5455 or +27 82 451 2291RELATED ARTICLES • Green buildings now the law in SA • Bank’s green building looks ahead • Top green rating for SA building • No 1 Silo gets green rating • Africa’s greenest hotel for Cape TownJanine ErasmusSouth Africa’s first commercial green star-rated building has been unveiled. The cutting-edge building – the E block in Upper Grayston, a small multi-purpose development in the business district of Sandton – is the first small office building to receive five green stars from the Green Building Council of South Africa (GBCSA).“We want to get the message out to other developers,” says Martin Evans of Upper Grayston’s developer Bryprop, “that South Africa can produce green buildings economically.”Green buildings are attractive to the property market, he says, and they offer a good return on investment.“Green buildings command a higher rental price and capital value, they have lower running costs, they let better, and they retain tenants better,” says the GBCSA’s executive chairman Bruce Kerswill. This green mindset is catching on in South Africa, he says. Five stars are not enough for Bryprop, though, and the firm is aiming for the coveted six-star rating with its newest building Upper Grayston F, which is under construction right next to the celebrated E Block. This will make it the only six star-rated commercial building in the country. Rental space should be available around the end of June 2013, according to Bryprop.Green buildings mitigate climate changeSouth Africa is following a new trend noted in a report titled Rethinking Consumption: Consumers and the Future of Sustainability, which has found that people in developing nations have a keener sense of responsibility towards the earth than those in developed nations. “Two-thirds of consumers globally say they ‘feel a sense of responsibility to society’ (65%), including 81% in emerging markets and 50% in developed markets”, notes the report. “Buildings can be a big part of the solution to mitigating the effects of climate change,” says Kerswill. “Good planning can reduce their use of power and water by up to 70%, and together with waste reduction this can have a significant impact.” Office buildings especially contribute heavily to global warming and pollution, and consume large amounts of energy and water. “But buildings are the cheapest way to make savings on carbon emissions,” says Warren Gray of Solid Green Consulting. “Overseas they use around 30% of the world’s energy. In South Africa the situation is a little different because our economy has been geared towards mining and we are still constructing the buildings that other countries already have.”Savings realised in a green building will come mainly from running costs and electricity. Although the largest part of a company’s expenses goes towards salaries, says Gray, people who work in green buildings perform better, they get discharged from hospital sooner, and they give the employer more value for the salary.“A 10% increase in productivity outperforms a 5% saving on electricity.”Bringing in the tenantsBryprop says that its tenants are becoming more and more interested in green features.In the new building, lessons learned from Upper Grayston E will be applied, with some extra features that the developers are confident will earn the six green stars.All timber used in the project comes from a sustainable forest and is certified by the Forest Stewardship Council. Most of the building’s water will be reclaimed from rain and filtered and purified, and municipal water will only be used when the tanks are empty.Solar panels for both power and heating will ensure that no energy is used to heat water, and in terms of space heating, says Gray, good architectural principles and passive design means that a minimal amount of heating is needed. The building also has big glass windows which let in natural light and air, reducing the need for artificial lighting and climate control. A mixed-mode ventilation system will allow the building to use mechanical ventilation when necessary.People in the building will be able to monitor energy consumption in real time, via a screen in the entrance and a page on the web, which will supply a graph of energy consumption measured at one-minute intervals. The graph for Block E is already available online.The amount of concrete used in construction has been reduced through the addition of fly ash into the mixture. Fly ash is a residue generated during combustion, for example at coal-burning power stations.“This means that the building itself is constructed from recycled material,” Gray says.Carpets and paint used in the interior contain low levels of volatile organic compounds. Cycle parking and special cycle routes around the office park are aimed at encouraging this eco-friendly alternative means of transport.Going green and saving the planetGreen buildings, according to GBCSA, are energy and resource efficient and kind to the environment because of the practices used in their design, construction and operation. They have also been proven to be healthier for residents and workers, leading to higher productivity.For green buildings, these practices will usually include the optimal circulation of fresh air and use of natural light, resulting in a lower use of air conditioning and heating. Lighting will be energy efficient and controlled through motion detectors, and there will be greater use of renewable energy sources. The builders will make use of recycled or sustainable materials, and there will be other sources of water, such as rainwater harvesting, besides the municipal supply.Locally sourced products are essential to shrink the construction footprint, and if any existing structure is demolished to make way for the new building, as much material as possible, such as windows, doors or floors, must be re-used.When a company applies for green star certification for a building, there is a rigorous process that must be followed. Once the building has been registered – which is only the first step towards certification – the project team will prepare the necessary documentation to prove that the building complies with GBCSA standards. Assessors will not award points, says the GBCSA, unless they can see that all the requirements have been met exactly as detailed in the technical manual. By this stage the full assessment fee must have been paid. Once the fee and the documentation have been received, a panel will evaluate the submission and make their recommendations to the GBCSA, who will then contact the project team.At this point the team gets another chance to earn their green stars by including extra supporting documentation or making alterations to their designs if necessary, and resubmitting their application.The panel will again scrutinise the application and make their final pronouncement and the project team will be notified of their score.A score of 45 to 59 earns the building four green stars and is an indication of best practice locally; a score of 60 to 75 earns five green stars and signifies South African excellence; and a score of 75 to 100 earns six green stars and is indicative of world leadership.Upper Grayston E scored 67 points, which is currently the highest five-star score in the country.
Alastair Cook scored his career-best 294 propelling England to a gigantic 710/7 declared in their first easy against India in the third Test at Edgbaston in Birmingham on Friday. Score | PhotosAt stumps, India were 35/1 with Gautam Gambhir and Rahul Dravid at crease. Virender Sehwag, once again failed to provide the visitors with the required impetus as an opener. In the first innings, he had fallen on the first ball; this time round he walked back on the second to the lethal combo of paceman James Anderson and skipper Andrew Strauss.Alastair Cook’s 294 is more than India’s score in the last five innings in the Ind vs Eng series.Hosts England started their third day’s campaign with lead of 232 runs and seven wickets in hand. By the end of it they had three in hand the lead had swelled to a massive 486 – thanks the gargantuan innings by Cook. His 294 went down the history as the highest by a English batsman on the Edgbaston pitch.On Thursday the Day 2 of the Test, an unbeaten century by Alastair Cook had helped the hosts wipe out India’s first innings lead of 224 runs with ease.On Friday, even as Cook was 12 runs short of his maiden double ton, his efforts hit a road block when rain stopped play. Undaunted, he came back post the brief delay and went on to hit his second double hundred in Tests.His 200-run innings spanning across two days saw him play 379 balls and hit 27 fours. Cook’s patience can be gauged from the fact that he did not hit a single six in his long innings.advertisementHe could have asked for a better comeback to form after his poor showing during the first two Test at Lord’s and Trent Bridge.The milestone having been achieved Cook went ahead to beat his highest Test score – 235, which his scored during the Ashes in November last year.Riding on Cook’s impressive double, England were sitting pretty on 503/3 at lunch – lead of 279 runs at the stage. At the other end Eoin Morgan was going easy on 66 not out.The second session didn’t bring any cheer for the visitors as Cook and Morgan kept the scorecard ticking in front of a clueless India attack. Soon Cook surpassed his career-best total of 235, but his thirst for runs remained.And even as Cook added more to his double, Eoin Morgan completed his century in style.No sooner had Morgan scored his second Test hundred of his career that Suresh Raina got the first wicket for India on the day. A top edge off Morgan’s bat got carried to Sehwag at covers and England’s fourth wicket stand of 222 runs came to an end. Morgan’s 104 was decorated with 11 boundaries.There was some more cheer for India on a day that was dominated by England batsmen and listless India bowling. Leggie Amit Mishra trapped Ravi Bopara leg-before and he was seen walking back on 7 when the England score read 605/4.Cook was still in the middle and went on to cross the 250-run mark at ease and this time he had wicketkeeper Matt Prior by his side.Mishra then came around to get rid of Matt Prior cheaply, but the big-scorer Cook was still firm. England lost their sixth wicket on 613. At tea, England were 646/6 with Cook and Tim Bresnan in the middle.The third session wasn’t any different to begin with as Cook – the pivot around which the England’s batting revolved, continued with his array of strokes, but not a single taking the aerial route.However, deep into the third session, Cook’s innings came to close. And it was Ishant, who got the prized wicket.The lanky paceman bowled it wide and Cook went for the ball but didn’t quite connect and ended up lobbing the ball in the deep, where Raina took a smart catch to finish the batsman’s innings on 294. That was the juncture England announced their declaration – at 710/7, with a massive lead of 486.
Over at Crave, fans of True Detective will finally get to dive into the third season on Jan. 13 with back-to-back episodes. Oscar winner Mahershala Ali stars as Wayne Hays, a state police detective from Northwest Arkansas as he traces a macabre crime that unfolds over three decades. Also premiering on Crave this month: Benedict Cumberbatch stars as Dominic Cummings in the HBO film BREXIT, which looks at the controversial tactics employed by the brain trust behind the 2016 “Vote Leave” campaign to sever ties with the European Union; and Season 2 of Star Trek: Discovery.Jeremy Clarkson, Richard Hammond and James May return for another spin of The Grand Tour. The latest season debuts on Amazon Prime Video on Jan. 18.Here is a select list of movies and TV shows expected in January. Release dates are subject to change.NETFLIXAvailable Jan. 1:A Series of Unfortunate Events: Season 3 (NETFLIX ORIGINAL)Across the UniverseAdriftBad BoysBlack Hawk DownBlood DiamondCOMEDIANS of the world (NETFLIX ORIGINAL)Daddy Day CareGrown Ups 2LovingMona Lisa SmileMy Best Friend’s WeddingPinky Malinky (NETFLIX ORIGINAL)Tears of the SunThe Cable GuyThe Karate Kid Part IIThe Sisterhood of the Traveling PantsTidying Up with Marie Kondo (NETFLIX ORIGINAL)xXxXXX: State of the UnionA Quiet PlaceBring It OnBring It On AgainBring It On: All or NothingBring It On: Fight to the FinishBring It On: In It to Win ItRed DragonThe Bourne IdentityThe Bourne LegacyThe Bourne SupremacyThe Bourne UltimatumJan. 4And Breathe Normally (NETFLIX FILM)Lionheart (NETFLIX FILM)Jan. 9GODZILLA The Planet Eater (NETFLIX ORIGINAL)Solo: A Star Wars StoryJan. 10When Heroes Fly (NETFLIX ORIGINAL)Jan. 11Friends from College: Season 2 (NETFLIX ORIGINAL)ReMastered: Massacre at the Stadium (NETFLIX ORIGINAL)Sex Education (NETFLIX ORIGINAL)Solo (NETFLIX FILM)The Last Laugh (NETFLIX FILM)Titans (NETFLIX ORIGINAL)Jan. 15Revenger (NETFLIX FILM)Sebastian Maniscalco: Stay Hungry (NETFLIX ORIGINAL)The ReapingJan. 18Carmen Sandiego (NETFLIX ORIGINAL)Close (NETFLIX FILM)FYRE: The Greatest Party That Never Happened (NETFLIX ORIGINAL)GIRL (NETFLIX FILM)Grace and Frankie: Season 5 (NETFLIX ORIGINAL)IO (NETFLIX FILM)Soni (NETFLIX FILM)Trigger Warning with Killer Mike (NETFLIX ORIGINAL)Trolls: The Beat Goes On!: Season 5 (NETFLIX ORIGINAL)Jan. 21Book ClubJustice (NETFLIX ORIGINAL)Jan. 24Conversations with a Killer: The Ted Bundy Tapes (NETFLIX ORIGINAL)Jan. 25Animas (NETFLIX FILM)Black Earth Rising (NETFLIX ORIGINAL)Club de Cuervos: Season 4 (NETFLIX ORIGINAL)Kingdom (NETFLIX ORIGINAL)Medici: The Magnificent (NETFLIX ORIGINAL)Unbreakable Kimmy Schmidt Season 4 – Part 2 (NETFLIX ORIGINAL)Jan. 27Z Nation: Season 5Jan. 29Gabriel “Fluffy” Iglesias: One Show Fits All (NETFLIX ORIGINAL)Marvel Studios’ Ant-Man and the WaspJan. 30Disney•Pixar’s The Incredibles 2Jan.31Resident Evil: The Final ChapterAlso coming in January:Marvel’s The Punisher: Season 2 (NETFLIX ORIGINAL)CraveAvailable Jan. 1:The HangoverSuper TroopersThe Little VampireOctavio is DeadJan. 3MegamindJan. 4Another Period: Season 3HedgehogsTruth or DareTullyThe LadybugStar Trek: Short Treks, The Escape ArtistHighway Through Hell: Season 3Jan. 5Daphne and VelmaJan. 6Counterpart: Season 2 (Episode 5)Jan. 10The DomesticsJan. 11Boss: Season 1First ReformedFinding Escobar’s MillionsJan. 13True Detective: Season 3 (new episodes weekly)Ray Donovan: Season 6 finaleJan. 17Mommy’s Little AngelOut HouseJan. 18OverboardStar Trek: Discovery: Season 2 (new episodes weekly)Jan. 19BREXITOcean’s 8Jan. 20High Maintenance: Season 3SMILF: Season 2Black Monday (new episodes weekly)Jan. 23MistrustJan. 24Room for RentIndian HorseJan. 25Mosaic: Season 1Alaska: The Last FrontierJan. 27Crashing: Season 3Jan. 31Eye on JulietAmazon Prime VideoJan. 11Informer: Season 1Jan. 15Will & Grace (1992): Season 1-8Will & Grace (2018): Season 1Jan. 18The Grand Tour: Season 3By Mark Daniell | Toronto SunFollow Mark Daniell on Twitter: @markhdaniell Login/Register With: Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Netflix is ramping up its slate of original programming with new seasons of some of its most popular shows, including Friends from College on Jan. 11; Unbreakable Kimmy Schmidt, which begins airing its final episodes on Jan. 25; and the return of the Emmy winning comedy Grace and Frankie on Jan. 18.The streamer will also unveil its second season of Marvel’s The Punisher this month; a new docuseries titled Conversations with a Killer: The Ted Bundy Tapes, which features never-before-heard audio interviews with the twisted serial killer; and COMEDIANS of the world, a ground-breaking series that showcases 47 comedians from 13 regions in eight languages. A look at what’s scheduled to be added to the catalogues of streaming services Netflix Canada, Crave and Amazon Prime Video in January:TOP PICKSIt’s a new year, which means there will be a whole host of brand-new shows and movies to stream on Netflix, Crave and Amazon Prime Video. John Goodman (left) and Michaela Coel star in Black Earth Rising, a drama about the legal ramifications of the Rwandan genocide. (Courtesy of Netflix) Facebook Advertisement Advertisement Twitter