IPE Views: Can pension funds benefit from a secondary annuities market?

first_imgTaha Lokhandwala considers whether the UK government’s latest move to create free choice in DC markets stacks up for pension schemesMuch of the talk in the UK over the last year has been one of annuities, whether it be bulk, individual, medically underwritten or just downright poor value. The reason has been the government’s reforms made in last year’s Budget statement.The chancellor has allowed those approaching retirement in defined contribution (DC) schemes the freedom to spend any which way they please. In yesterday’s Budget, he extended this freedom to existing annuitants as the UK government began consulting on creating a secondary market for annuities, where consumers wanting to rid themselves of the retirement product could sell their income stream for a cash sum to a third party.This creates an interesting prospect, one where bundled together annuities essentially create a new form of fixed income investment, as annuity providers continue to pay out regular income streams to the third party, until the contract ends as the original policyholder dies. On a basic level, this kind of makes sense for pension funds. Nothing is really more liability-matching than an annuity, and even when not an exact match like a buy-in, there is still some correlation. The government alludes to this. In the consultation, HM Treasury says asset managers, pension funds, insurers and intermediaries are ideal buyers for second-hand annuities, with the mortality risk the buyer takes on offset by longevity risk. And we all know pension funds have enough of that.So that should be set, then. Pensioners will rush to the markets to sell their ‘poor-value’ annuities, intermediaries will bundle them into fixed income products, and asset managers and pension funds will start adding the products into their fixed income allocations.Well, not quite.As mentioned above, bundled annuities do not quite match a pension scheme’s liabilities as well as a buy-in. So, according to Ian Mills of consultancy LCP, the only real place for the product would be if, one, it was valued cheaper than a traditional bulk annuity, and two, if it provided a better yield and risk management than traditional fixed income.It is not unreasonable to suggest that bundled annuities, packaged in the right way, could do this, but the core issue remains pricing. The government, in its own consultation, suggests it has no concept on how to price second-hand annuities appropriately. In fact, it goes on to say retail investors should not be allowed to purchase second-hand annuities due to the complexities in determining a fair price.(Immediately, one sees a contradiction here, given that the sellers in the market are given free rein while the very same market, comprising the same retail investors, are not trusted to buy. But that is another issue.)This idea of a fair price is a difficult one to understand, as annuities are priced in for all risks from the start to provide this guaranteed income. To leave this, the holder obviously must prefer flexibility, but this always comes at a huge cost. So the only real way for this market to come together is for annuity holders to take a significant shaving off the value of their income stream.Bob Scott, also of LCP, puts it quite succinctly: “If someone wants to buy your annuity, you probably shouldn’t sell it. And, if someone wants to sell their annuity, the buyer is unlikely to offer them an attractive price.”That alone makes this is a difficult policy to envisage taking off. Even if there were a fully working market for secondary annuities, which created new fixed income products for pension funds and reduced the cost of annuities across the board, it could be a counter-productive area for schemes to enter.Because whatever the benefit for pension funds, ultimately, the cost of it all will be laid fully at the feet of pensioners.last_img read more

Coutinho impresses Pele

first_img Such form has seen the midfielder work his way back into the Brazil set-up and led to praise from Pele, who will be at Liverpool’s derby encounter with United on Sunday. “Oh yes (I like Coutinho) – no doubt, no doubt,” the Brazil great told Press Association Sport. “He is an excellent player and intelligent, but we have a lot of individuals in Brazil. Unfortunately we cannot play with all the players we have.” Coutinho is in the Brazil squad for the forthcoming friendlies against France and Chile, which follow Sunday’s match – an encounter Pele will attend as a guest of SUBWAY. “It is going to be a great game, no doubt about that,” he said. “This a top fixture and good to see.” Coutinho is part of the new breed Brazil coach Dunga is trusting to make up for last summer’s World Cup embarrassment. Brazil were not the only country to underwhelm, with England another country failing to meet expectations. The early exit of English sides in Europe has increased concerns over the quality of football in the country, yet Pele is not worried for the home of football. “I think the level of football in England is top,” he said. “Last year there were some surprises, not only with the English team at the World Cup. “I made a lot of interviews in Europe before the World Cup and saw some of Germany’s games, so I said the Germans were very well prepared.” Press Association The talented 22-year-old was seen as a bit of a gamble when the Reds forked out £8.5million to bring him over from Inter Milan. That deal now looks like a bargain, though, as Coutinho has been one of the stars of the Premier League season. center_img Pele has been impressed by compatriot Philippe Coutinho and is looking forward to seeing the Liverpool man in action against Manchester United. last_img read more

Gov. DeSantis Appoints Two Florida Supreme Court Justices

first_imgGovernor Ron DeSantis has appointed two new justices to the Florida Supreme court. The governor made his announcement yesterday from Miami appointing Judge Renatha Francis and attorney John Couriel to the Florida Supreme Court. The Governor says Francis was born in Jamaica and is the first American from the Caribbean to be appointed to Florida’s Supreme Court. Francis said she was raised by a single mother in Jamaica who never finished high school and who was the daughter of a farmer.My appointment of Judge Renatha Francis to the Florida Supreme Court is historic – a naturalized citizen, Francis will be the first Jamaican-American to serve on the court.— Ron DeSantis (@GovRonDeSantis) May 26, 2020 Despite her obstacles in life, Francis said her mother taught her and her sister “grit, determination and hard work.” Initially when, Judge Francis was nominated she had not been a member of the Florida bar for 10 years. She passed that milestone in September.Francis is currently a judge for the Florida 15th Circuit Court in Palm Beach County. Couriel, meanwhile, is currently an attorney at a law firm in Miami.The governor has appointed five people to Florida’s Supreme Court since taking office, four of whom are from South Florida.last_img read more

History for Ashwin as India edge closer to victory

first_img(REUTERS)-India’s spinners sent back the top three Bangladesh batsmen in the second innings of the one-(off Test at Hyderabad yesterday to keep the hosts on course for victory.Chasing an improbable target of 459 in four sessions for a win, Bangladesh reached 103-3 at stumps on the fourth day of their maiden Test in India, the world’s top-ranked nation.Shakib Al Hasan was unbeaten on 21 for Bangladesh with Mahmudullah nine not out at the other end.Off-spinner Ravichandran Ashwin, who during the day became the fastest to reach 250 wickets in Tests, dismissed Tamim Iqbal (3) and Mominul Haque (27) while spin partner Ravindra Jadeja picked up the wicket of Soumya Sarkar, who made 42.Sarkar and Mominul added 60 for the second wicket but both left-handers were out in the space of 14 deliveries, dampening the touring side’s hopes of saving the test match.Cheteshwar Pujara hit an unbeaten 54 off 58 balls as India declared their second innings on 159 for four at tea.The hosts batted for 29 overs and scored at a rate of more than five runs per over with useful contributions from captain Virat Kohli (38) and Ajinkya Rahane (28). Paceman Taskin and Shakib shared the four Indian wickets.In the morning session, Bangladesh captain Mushfiqur Rahim registered his fifth Test hundred before his side were bundled out for 388 as the hosts took a first-innings lead of 299.The 29-year-old wicketkeeper-batsman was the last man out for his side on 127 with Bangladesh’s innings ending shortly before lunch. Kohli opted against enforcing the follow-on after his bowlers needed almost an entire session to pick up Bangladesh’s last four wickets.Resuming on 322-6, the visitors got off to a bad start as seamer Bhuvneshwar Kumar breached the defence of half-centurion Mehedi Hasan with the fourth ball of the morning without a run being added to their overnight total.Paceman Umesh Yadav, the most impressive of India’s bowlers, got Taijul Islam to glove one back to wicketkeeper Wriddhiman Saha, raising fears for Mushfiqur that he could run out of partners before reaching three figures.However, Taskin Ahmed stayed with his captain for a 39-run ninth-wicket stand, during which Mushfiqur scored freely.The diminutive right-hander top-edged Ishant Sharma for a six and then reached his century when the lanky bowler miss-fielded near the boundary to allow a four.He was finally out, caught down the leg side to Ashwin, who reached 250 test wickets with the dismissal.Umesh finished with three wickets, while Ashwin and Jadeja picked up two wickets apiece.INDIA 1st innings 687 for 6 decl (V. Kohli 204, M. Vijay 108, W. Saha 106no, C. Pujara 83, A. Rahane 82, R. Jadeja 60no)Bangladesh 1st innings (Overnight: 322-6)T. Iqbal run out (U. Yadav, B. Kumar) 24S. Sarkar c Saha b U. Yadav 15M. Haque lbw b U. Yadav 12Mahmudullah lbw b I. Sharma 28S. Al Hasan c U. Yadav b R. Ashwin 82M. Rahim c Saha b R. Ashwin 127Sa. Rahman lbw b Jadeja 16M. Hasan b B. Kumar 51T. Islam c Saha b U. Yadav 10T. Ahmed c Rahane b Jadeja 8K. Rabbi not out 0Extras (lb-15) 15Total (all out, 127.5 overs) 388Fall of wickets: 1-38 S. Sarkar,2-44 T. Iqbal,3-64 M. Haque,4-109 Mahmudullah,5-216 S. Al Hasan,6-235 Sa. Rahman,7-322 M. Hasan,8-339 T. Islam,9-378 T. Ahmed,10-388 M. RahimBowling: B. Kumar 21 – 7 – 52 – 1, I. Sharma 20 – 5 – 69 – 1,R. Ashwin 28.5 – 7 – 98 – 2, U. Yadav 25 – 6 – 84 – 3, R. Jadeja 33 – 8 – 70 – 2INDIA 2nd inningsM. Vijay c Rahim b Ahmed 7L. Rahul c Rahim b Ahmed 10C. Pujara not out 54V. Kohli c Mahmudullah b Al Hasan 38A. Rahane b Al Hasan 28R. Jadeja not out 16Extras (lb-5 w-1) 6Total (for 4 wickets declared, 29 overs) 159Fall of wickets: 1-12 M. Vijay,2-23 L. Rahul,3-90 V. Kohli,4-128 A. RahaneDid not bat: R. Ashwin, W. Saha, B. Kumar, U. Yadav, I. SharmaBowling: T. Islam 6 – 1 – 29 – 0,T. Ahmed 7 – 0 – 43 – 2(w-1),S. Al Hasan 9 – 0 – 50 – 2, M. Hasan 7 – 0 – 32 – 0.Bangladesh 2nd innings (Target: 459 runs)T. Iqbal c Kohli b R. Ashwin 3S. Sarkar c Rahane b Jadeja 42M. Haque c Rahane b R. Ashwin 27Mahmudullah not out 9S. Al Hasan not out 21Extras (nb-1) 1Total (for 3 wickets, 35 overs) 103Fall of wickets: 1-11 T. Iqbal,2-71 S. Sarkar,3-75 M. HaqueTo bat: M. Rahim, S. Rahman, M. Hasan, T. Islam, T. Ahmed, K. RabbiBowling: B. Kumar 5 – 2 – 14 – 0, R. Ashwin 16 – 6 – 34 – 2,I. Sharma 3 – 0 – 19 – 0(nb-1), U. Yadav 3 – 0 – 9 – 0R. Jadeja 8 – 2 – 27 – 1last_img read more

USC alumnus Bill Sharman dies at 87

first_imgBill Sharman, a USC alumnus and former coach for the Los Angeles Lakers, passed away Friday in his home in Redondo Beach, Calif. He was 87 years old.Sharman was well known for his basketball success and was nicknamed “Bullseye Bill” for his efficacy at the free-throw line. He is also ranked in the top 25 in all-time high scorers at USC.Sharman was a Troy letter-winner for four years, from 1947 to 1950. Sharman was selected as an All-American in 1950. In 1950, he was USC’s forward and scored 1108 points in 81 games for an average of 13.7 points per game, which was a record for USC at the time. As a senior, he averaged 18.6 points per game.In 1949, he was chosen as USC’s Most Inspirational Player and in 1950, he was chosen as USC’s Most Valuable Player. Sharman played for the USC baseball team from 1949-1950 before signing a contract with the Brooklyn Dodgers.After briefly working for the Brooklyn Dodgers, Sharman became an NBA star with the Celtics, and later a coach for the Lakers and in 1972 led the Lakers to their first National Basketball Association title. He was also distinguished as Coach of the Year.Sharman is also known for inventing the “shootaround” as a way for players to calm their nerves on game days. He found that he felt less nervous if he shot a few baskets and dribbled the ball around before the game, and he brought this strategy with him to the teams that he coached.Sharman also became the first coach to win championships in three different professional leagues, with the American Basketball League in Cleveland, American Basketball Association in Utah and the NBA in Los Angeles.He later joined John Wooden and Lenny Wilkens as the only members in the Basketball Hall of Fame as both a player and a coach.In 2002, Sharman was put into the Pac-12 Hall of Honor and was part of USC’s inaugural Athletics Hall of Fame in 1994. His No. 11 USC jersey was retired in 2007 and is displayed in the Galen Center.Sharman is survived by his wife Joyce, his two sons Jerry and Tom and his two daughters Nancy and Janice.last_img read more

Spurs boss would jump at chance to re-sign Gareth Bale

first_imgIt’s been reported that leaked details show Spurs have first option to buy the Wales forward should Real Madrid ever decide to sell him.Pochettino didn’t appear to take the story too seriously when questioned by journalists.last_img

Cricket Takes a Dive for Nigeria’s Sporting Interest

first_imgThe event marked the second phase of NCF/PWC Naija Kids Cricket, a project that the Board of the Nigeria Cricket Federation, led by a surgeon at the Ahmadu Bello University in Zaria, Professor Yahaya Adam Ukwenya, has put together to rejuvenate grassroots cricket development across the country.On hand to distribute the plastic wicket, balls and bats was the NCF Vice President, Uyi Akpata, who disclosed that more than 16 states had been served with equipment already during the first phase of the exercise.“Lagos falls within the league of topmost ranked cricket playing states. We actually started from the least playing states in the various zones, some of which were cricket playing states back in the days and others being the first time the game was introduced. Our aim is to cover the entire 36 states in the country including the FCT starting with those with the least awareness of the sport,” Akpata said.The kids who took part in the Lagos exercise were drawn from public and private schools, which now run cricket activities as part of their routine physical education schedules.Endurance Ofem, a former senior national male team captain and Players’ Representative on the NCF Board, said: “There has never been this level of commitment in the past and we are working hard to make sure as many kids as possible understand the game of cricket. Our focus is to increase junior involvement along ICC (International Cricket Council) development goals and next is to focus on elite and competitive cricket development which allows us narrow down to age-groups initiative, preparing them for future National teams.“We have players from Ansarudeen Grammar School, Randle College, Ansarudeen College Isolo, Adebola Baptist School, Onitolo Community High School, Obelle Community High School, Kings College and Ansarudeen Girls High School, among others, and you can see how excited they are on a Saturday to come pick up these equipment that is part of our grassroots cricket sensitization effort of the federation.”Kofi Sagoe, a former national team player and the current Chairman of the Lagos State Cricket Association along with Charles Omoera who also chairs the most vibrant cricket league in the country; the Club Cricket Committee, Lagos (CCC League), also attended the presentation.For Sagoe, the federation’s initiative is a big spark to the development initiative that his office as the Lagos Cricket Chairman is planning to undertake. It is only proper to align make the best of the outcome.“The federation’s plans to equip schools around the country has been a major boost that states like Lagos would leverage on as dragnet to recruit next generation of players to the sport,” Sagoe said.Interestingly, while the kids were being excited in Lagos, the national women’s team was also engaged in a bi-lateral encounter with Rwanda in Abuja. The series was set up by the NCF as an early preparation for the ICC Women’s World Cup qualifier at which Nigeria will be making its maiden appearance at some point in May 2019. More to this, the series is expected to raise the awareness of women cricket in Nigeria and beyond and to foster diplomatic relations among member countries.The home team scraped a narrow 3-2 victory, but Professor Ukwenya, who oversaw the event, said the event had lived up to its objective which included exposing the players to internationally graded encounter after almost a month camping that ran for most part of January.“Without mincing words, we are very focused in positioning Nigeria as a top-rated cricket playing nation and our four-year objective, we hope would lead us there especially in regards to women cricket,” the NCF president said.“The match with Rwanda was to test the impact of the camping and how strong and ready our team is. We are happy we won but all of us here have seen that we have a lot of work to do in key departments. With that, our technical team has taken notes and will swing into action in getting the team better ahead of the event scheduled for Zimbabwe in May,” he added.When the board of the Nigeria Cricket Federation took the reins of power eighteen months ago, it had developed a clear agenda that has endeared it to the International Cricket Council as a team to look out for in Africa.The strategic development document was anchored on a mission: “To position Cricket as a prominent National sport and be recognized as one of Africa’s top countries by attaining ICC Full membership status.”This objective is further tied to five key strategic imperatives which bordered on; Promoting the game, Facility development, Establishing strategic partners, Players improvement and Maintaining appropriate Corporate governance and Finance structure.Patricia Kambarami, ICC Regional Development Manager-Africa, has particularly been impressed with the passion and professionalism that the NCF board has displayed in their short stint at managing the sport in Nigeria and believes more can be achieved if the members kept their focus on laid down objectives which she said could make them become the toast of Africa in the near future.As part of efforts by the ICC to provide a working and sustainable structure for Nigeria Cricket, a Commercial Strategy and Development Seminar was organized from February 4 to 6 in Lagos. The Seminar was delivered by the renowned CSM Sports consultants for Middle-East and Africa, where stakeholders, Government officials from the Ministry of Youth and Sports Development, Sponsors and potential sponsors of the Federation and the Media were engaged on ways to work as a unit to achieve the common goal of the Cricket Federation.According to Kambarami, “the International Cricket Council has been impressed with the present board and especially their well laid out plan to develop Cricket in Nigeria and we are particularly impressed at the milestone they have set and how they are ticking the right boxes thus far.“Although a lot of grounds still need to be covered, I must say that Nigeria is a bright and developing cricket nation that the whole world is looking forward to.”One of the federation’s many plan, is to scale up its development targets of reaching 5, 000 kids annually to doubling that figure in its 2019 goal, and going by the passion of the team behind it, sports enthusiasts would soon be paying attention to Cricket in Nigeria.According to Akpata, “We met with all stakeholders, including government representatives, media, partners and sponsors after we reviewed our goals and strategic objectives to explain it to them and see how we can foster better relationship with all parties involved.”To confirm the trust reposed on the future of cricket in Nigeria, the ICC also listed Nigeria as one of the three African countries that would host the ICC World Cup Trophy for the 2019 Cricket World Cup sensitization Trophy Tour. The Tour which ended last week has already been praised by ICC remarkable show.Cricket may not yet be Nigeria’s major sport but it is one sport that is currently earning it some global appeal and going by the potential of the team running it, may dig deeper into the nation’s consciousness soonest.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Joint photograph of Team Nigeria and visiting Rwandan national female cricket teams during the bi-lateral match in Abuja…recently Sam EmeheluWhile the debate on which sport will queue behind the popular one contesting for hearts of incessantly betrayed sports loyalists (and of course the lion’s share of government’s funding), Cricket, a rather distance alternative, is pulling forward; and strongly too.On the hot Saturday afternoon of 26th January, 2019, at the most hallowed Cricket ground in the country (the Tafawa Balewa Cricket Oval in Lagos), more than 250 kids gathered to receive sets of modified cricket equipment to be taken back to their schools to practice their new-found sport.last_img read more

John Tavares booed mercilessly by Islanders fans in return to Nassau Coliseum

first_img Mirco Mueller injury update: Devils defenseman stretchered off ice after scary fall It started before the game when the Leafs were out on the rink for warmups.The boo birds are out early for John Tavares in warm-ups pic.twitter.com/lCY6Yhh6Fk— SNY (@SNYtv) February 28, 2019It continued as a fan threw a Tavares jersey onto the ice during the pregame skate. Related News Islanders fans weren’t happy with center John Tavares in July when he left the team to join the Maple Leafs and it looks like nothing has changed.Tavares was booed mercilessly on Thursday in his return to Nassau Memorial Coliseum. He said he knew he was going to be in a hostile environment, but expressed excitement for Thursday’s matchup between two potential playoff teams.”It’s hard to believe we’re back here for an NHL hockey game, a game that has a lot of meaning,” he said, via TSN. “Certainly, the set-up is a little different, but it’s a special building. I love this place.” A fan threw a sweater at John Tavares when he exited the ice after warmups.— Chris Johnston (@reporterchris) February 28, 2019And the jeers kept going when he was announced during pregame introductions. Some fans went as far as to chant “We don’t need you” from the stands.”We don’t need you” is the chant near the Toronto tunnel as Leafs prepare to come out for warm-up— Mark Masters (@markhmasters) February 28, 2019Fans booed even louder during a video tribute the Islanders played during the first period.Well, they showed a tribute video for John Tavares. Here’s how the crowd reacted. #Isles pic.twitter.com/lQf3lZ7aDX— Newsday Sports (@NewsdaySports) March 1, 2019Tavares left the Islanders to sign a seven-year, $77 million contract with the Maple Leafs this offseason.last_img read more

Lee says Magnolia has to go through Ginebra to win PBA title

first_imgPhoto by Tristan Tamayo/ INQUIRER.netBOCAUE — Losing its fifth straight Manila Clasico, Paul Lee admitted that Ginebra is indeed the biggest thorn in Magnolia’s side.“Maybe, they’re really one of the humps that we need to overcome for us to get to the championship,” Lee said after the Hotshots fell to the Gin Kings, 78-89 at Philippine Arena.ADVERTISEMENT For the better part of the last three seasons or since coach Tim Cone transferred to Ginebra, it has always been the Gin Kings, who prevail, including the last three Christmas Day duels.And the Monday tiff was no different as Magnolia struggled to get its offense going with the stingy Ginebra defense in full bloom, forcing the Hotshots to shoot a woeful 36 percent clip and an undesirable 18 percent shooting from beyond the arc.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkIt also doesn’t help that the Gin Kings dominated the boards, 56-46, including 16 offensive rebounds that led to 21 second chance points.Lee, however, doesn’t want to dwell on the defeat, but rather, he is taking this as a lesson for Magnolia to become a better team. Timberwolves beat Lakers for first Christmas win Don’t miss out on the latest news and information. OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson “We need to look at the video to see where we lacked on. It’s better if we see it all together so we can improve on that as a team,” he said.“Every game, we need to give our best. We can’t put Ginebra as the only team we want to beat because we might get beaten by the other teams. We need to prepare for every team, especially the contenders,” he said.Sports Related Videospowered by AdSparcRead Next LATEST STORIES OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Steam emission over Taal’s main crater ‘steady’ for past 24 hours Scottie Thompson also worthy of Finals MVP, thinks Conecenter_img Jiro Manio arrested for stabbing man in Marikina MOST READ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Meralco ‘never the same’ after Almazan injury in PBA Finals Redemption is sweet for Ginebra, Scottie Thompson Brian Heruela arrival bolsters Phoenix backcourt, defense ‘The Two Popes’ movie explores depth of faith, frailties of man PLAY LIST 01:28‘The Two Popes’ movie explores depth of faith, frailties of man00:50Trending Articles00:50Trending Articles02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award View commentslast_img read more

MESSENGERS OF PEACE

first_imgIn 2005, Liberia, the oldest democracy in Africa, elected its first female President and recorded yet another first achievement by becoming the first country in Africa to elect a female President. Despite this major achievement, a huge gap remains in the participation of women in politics. Liberian women are underrepresented in politics and as the country prepares for its presidential and legislative elections in 2017, very few women have indicated their interest.Over the years, we have seen such blatant violations of women’s rights in the political arena and instead of being concerned about the meaningful involvement of women, particularly young women in politics; people have sadly begun to accept these violations as normal. Anecdotal reports raises the question on whether Liberians are interested or concerned in statistics on gender representation in government.In the 73-member House of Representative, female representation has dropped to seven per cent, from 12.5 percent. The number of female senators also decreased from five to four from the fifteen contested Senate seats. Currently, there is no political party headed by a woman. Power is wielded by older generations and mainly by the privileged men who control the social economic circles such as the armies, economies, political parties, mainstream media and families.The key impetus for promoting women’s participation and leadership in matters of peace and security has of course been UN Security Council Resolution 1325 (2000) that reaffirms ‘the important role of women in the prevention and resolution of conflicts and in peace-building, stresses the importance of their equal participation and full involvement in all efforts for the maintenance and promotion of peace and security, and the need to increase their role in decision making…’ (UNSCR 1325: Preamble)One of the Global Citizenship Commission’s recommendations, which are long overdue, is that every country has a Youth Parliament that can meet to debate and campaign for young people and the services they need. By extension, we need to commence action on getting more women involved in politics.Collective political dialogue is the only true pathway to begin addressing this gap in a sustainable and holistic manner.According to the priority actions from the statement of mutual commitments on peacebuilding in Liberia, more targeted outreach is required to empower civil society organizations, with a focus on women to assume their critical role in the country’s peacebuilding and recovery efforts.As we prepare for the next elections and advocate for the active participation of women, there is need first and foremost to recognize underpinning issues of widening political divisions, which underscores a need for national healing, reconciliation and responsible involvement of women in Liberian politics.At Messengers of Peace (MOP)-Liberia, we recognize the need for appropriation of posts and appointments to the cabinet and other government posts and we commend ongoing government programs and efforts to place women in these posts. Now that we have established the need for more involvement of women in Liberian politics and publicly publish data on the number of women in politics, everyone will be watching; it is up to our current and future government to do a better job at meeting its commitments to women empowerment and leadership.Until next week, when we continue our dialogue among Peace Messengers-The Health Status of the Liberian Women, it is Peace First, Peace above all else. May Peace prevail on earth!Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more