However, Richter has stressed that the government does not intend to dismantle the second pillar.The announcement coincided with the start of second-pillar payouts this year for the 30,000-odd members who have reached age 62.Under legislation approved last year, pensions can be paid out in three forms: lifetime annuity from an insurer, temporary pension from an insurer, or a programmed withdrawal from a pension management company.To date, three insurers have been licensed: Allianz-Slovenská Poisťovňa, Generali and Union.The system operates through a competitive bidding process mediated by Sociálna poisťovňa, the first-pillar agency.Only a handful of eligible retirees have applied so far, but the offers have been low and are likely to have provided the impetus for the latest re-opening.According to estimates from the Finance Ministry’s Institute for Financial Policy (IFP), the monthly payout in 2015 will average only €30, with 60% of this year’s eligible retirees receiving less.The institute does acknowledge nevertheless that the system is only 10 years old, and that payouts will increase as savings build up, and at a faster rate than the state pension.The IFP also noted the low returns generated by the funds since 2009 – 2% per year compared with 16% for the MSCI World Index.However, it attributed this partly to the instability caused by government policies, including the slashing of the contribution rate from 9% to 4% in 2012, and 2013’s mass movement into so-called ‘guaranteed’ funds.That year, members had to choose one of the four funds from their provider with varying risk profiles or default automatically to the guaranteed one.As of end September 2014, the guaranteed funds, despite their much lower returns, accounted for 89% of all assets. Slovakia is to re-open its second pillar, for the fourth time since 2008, to allow dissatisfied members to leave.The exit window, and terms and conditions for members leaving the system, have not been finalised yet and will follow discussions between Ján Richter, minister for Labour, Social Affairs and Family, the six second-pillar management companies and the National Bank of Slovakia (NBS).The second pillar has some 1.5m members and assets, as of the end of September 2014, of €6.3bn, according to the NBS.Prime minister Robert Fico reiterated his long-standing hostility to the system by stating that it was disadvantageous for two-thirds of the membership.
In this new capacity, the company said he would broaden his leadership of institutional sales efforts for international clients.Gatch said that, as head of the company’s sovereign business for the last five years, Thomson had already helped some of the largest investors in the world through a period of big changes and expansion.Using that experience with international sales teams will help ensure better outcomes for clients, he said.Thomson said this was a very challenging time for investors, given the continued growth in pension funds, insurance companies and sovereign investors even at a time of low yields. JP Morgan Asset Management has appointed Patrick Thomson in the newly created role of head of international institutional clients, as the company seeks to bolster sales to a changing client segment.Alongside the new job, Thomson will continue working in his current role as global head of sovereign clients, and will continue reporting to George Gatch, chief executive of JP Morgan Investment Management Global Clients.Gatch said: “As institutional investors increasingly look to more sophisticated investment strategies, and continue to evolve their asset allocation to meet the challenges of today and tomorrow’s market environment, strengthening our international client service resources ensures we can continue to provide cohesive, tailored and pragmatic solutions that address the needs of our clients.”Thomson, based in London, will start in the new role immediately.
Fortunately, according to Nikulina, there had recently been a shift in mindset in the investment industry towards a team-oriented approach, although taking advantage of this model was not straightforward.“It requires a lot of self-awareness and humility from the leadership to be able to take the benefit of the team approach,” she said.In addition to culture, WTW engages with asset managers on inclusion and diversity, and sustainable investment.“The investment industry is very non-diverse,” said Nikulina, showing a snapshot (pictured below) of an analysis of some of the consultancy’s preferred managers for its best ideas fund.“Orange means [there is] zero-diversity, and as you can see there is too much orange on this page despite the fact that we have been specifically focussing on trying to bring more diversity into the teams that manage our portfolios,” she said.WTW asset manager diversity analysis Willis Towers Watson has downgraded eight managers and “walked away” from five investment ideas for reasons related to culture within their organisations.The decisions were made as part of a culture assessment of the consultancy’s highest conviction managers, which it nearly two years ago, said Luba Nikulina, global head of research at Willis Towers Watson.“An underlying trend was concern about dependency on one individual who has too much power, or to put it more bluntly, a personality cult,” she said at an event held this morning by the Thinking Ahead Institute, whose work has informed WTW’s asset manager research.“A team approach is what can make a better investment organisation,” added Nikulina. In addition to becoming more diverse, asset managers needed to take care to create an inclusive environment.“That’s the only way you can take advantage of these diverse perspectives and let this diverse talent flourish,” said Nikulina.Thumbs up for extra-financial motivesWith regard to sustainable investment, she said WTW’s beliefs had become much stronger recently, noting for example that the consultancy believed that “extra-financial motives play a meaningful role and should be considered by investors”.“Successful investment organisations must articulate purpose,” she added, specifying that this should extend to the benefits they bring to “clients, employees, society and planet”.Stewardship, meanwhile, was “an opportunity for the investment industry to redefine its purpose and demonstrate its value to society”.“There is too much time spent in our industry on financial analysis and modelling and not enough on stewardship and actual value creation,” said Nikulina.She praised the UK’s new Stewardship Code for paying attention to purpose, beliefs and culture.
Michael David Siebenthal age 77 of Danville, Illinois passed away at the VA Illinois Health Care System on July 21, 2018. Michael was born in Milan, Indiana on June 1, 1941 the son of the late Edgar and Marjorie Champ Siebenthal.He was a Navy Veteran and during his service to our country, he proudly taught himself how to play the guitar and trumpet and continued doing this throughout his life!Survivors include 3 sisters; Rebecca Hall of Illinois, Barbara Pendleton of Wisconsin and Mary Squires of Iowa. He was preceded in death by 1 brother, Jimmie Lee Siebenthal.A funeral service will be held this Saturday, August 4, 2018 at 11:00 am at Neal’s Funeral Home with burial immediately following in Otter Creek Cemetery 1 mile NW of Nebraska, IN in Butlerville, Indiana.www.nealsfuneralhome.net
The Magpies eventually took the lead with 55 minutes gone when Ritchie found space down the left and drilled in a low cross which defender Enda Stevens should have cleared. But he missed the ball, allowing Saint-Maximin to beat Henderson at his near post. Chris Wilder’s men might have been level within four minutes after full-back George Baldock picked out Sharp at the far post. Ritchie took advantage with 20 minutes remaining when, after picking up possession 40 yards out, he made ground and then unleashed a rising drive which screamed past the keeper. There was still time for Joelinton to wrap up the victory from Almiron’s 78th-minute cross. Speaking to Sky Sports Main Event after the game, Saint-Maximin was delighted to get back to winning ways. read also:WTO report raises fresh doubts over prospective Saudi takeover of Newcastle “Yes, I am really happy because my team win this game. I said before it was important to restart with a win and that is what we did today. “You always have to be ready and it is what I was in this game, I try to concentrate and score the goal to help my team, I’m really happy to score. “Everyone is happy because we work really hard and won 3-0 and it is a really good win.” FacebookTwitterWhatsAppEmail分享 Joelinton scored just his second Premier League goal as Newcastle dented 10-man Sheffield United’s charge for Europe with a 3-0 win on their return to action. Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable Way8 Superfoods For Growing Hair Back And Stimulating Its GrowthWhich Country Is The Most Romantic In The World?A Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Ways Drones Will Automate Our Future6 Major TV Characters We Were Relieved To See Leaving The Show9 Facts You Should Know Before Getting A Tattoo10 Risky Jobs Some Women DoWe’re Getting More Game Of Thrones: Enter House Of The Dragon!6 Best 90’s Action Movies From Your Childhood7 Worst Things To Do To Your Phone Loading… The £40million Brazilian striker, who was guilty of a glaring first-half miss, redeemed himself 12 minutes from time to wrap up what proved to be a comprehensive victory at St James’ Park. Allan Saint-Maximin opened the scoring after 55 minutes after Blades defender John Egan had been sent off for a second bookable offence, and Matt Ritchie made it 2-0 with a sumptuous strike 14 minutes later. But it was Joelinton, whose last league goal had come 301 days earlier, who rounded things off to complete a double over the Blades – who would have gone fifth with a win – and a thoroughly satisfactory afternoon for the Magpies. The visitors, perhaps understandably with a game already under their belt, started the sharper, but it was Newcastle who created the game’s first real chances as Joelinton failed to make a telling connection with Ritchie’s 11th-minute corner before Saint-Maximin sent a dangerous pull-back skidding across the penalty area. Ritchie warmed Dean Henderson’s hands with a 14th-minute piledriver from distance as the Magpies grew into the game, but Joelinton squandered a golden opportunity three minutes later when he scuffed his shot with just the keeper to beat after Saint-Maximin and Miguel Almiron had staged a pacy counter-attack. Egan has to throw himself into the path of Jonjo Shelvey’s stinging 20th-minute strike and although Billy Sharp volleyed over at the other end, the home side continued to enjoy the better of it. The Blades restored a measure of control with Oliver Norwood prominent in the middle of the field as the half ran down without ever genuinely threatening Martin Dubravka’s goal. Newcastle were handed a potentially significant advantage within five minutes of the restart when Joelinton got the better of Egan as they set off in pursuit of Federico Fernandez’s clearance and the defender, who had already been booked, dragged him back and received a second yellow card.
Sept. 15, 2007 Box Score HUNTSVILLE, Ala. – In a match-up of two teams coming off a pair of wins on Friday in the UAH Country Inn & Suites Invitational Tournament, the Argos came out on top. The West Florida Volleyball team defeated North Carolina Pembroke Saturday morning by a 30-21, 30-15, 30-21 score to improve to 12-2 on the season. UNC-Pembroke (10-7) had defeated Valdosta State and Alabama Huntsville on Friday, while the Argos had defeated Armstrong Atlantic and Francis Marion. The opening game of today’s match might have been the key to the victory, as the Argos committed only one hitting error the entire game, putting a lot of pressure on the Lady Braves.”Kim (Clark) and Bela (Isabela Gualberto) both played very well,” claimed Head Coach Melissa Wolter. “When they (Clark & Gualberto) are both on their game, we are very hard to beat. This was a good team (UNC – Pembroke) that we put away in three games, because we were hitting well from the beginning, and they couldn’t stop us.” The Argos attack percentage in game one was an astonishing .564.Gualberto (Sr. / Brazil) recorded a match high 18 kills, while Clark (Jr. / St. Petersburg, Fla.) put away 11 kills and tallied 10 digs. Setter Madeline Gonzalez (Jr. / Puerto Rico) provided 35 assists, 6 kills, and 8 digs, in a solid all-around performance. The Argos had 11 blocks as a team, with 5 each from Danielle Spitzer (Sr. / Birmingham, Ala.) and Luciana Rapach (Jr. / Brazil). Jerica Carter (Jr. / Gainesville, Fla.) had a team high 14 digs to led the defense.The Argos go for a four match sweep in the UAH Country Inn & Suites Invitational this afternoon, as they play the final match of the tournament against the toughest opponent yet, Arkansas Tech (10-6). Then the Argos will return home for a single match against Spring Hill College at the UWF Fieldhouse on Tuesday, September 18th at 7:00 pm. Live Stats will be available on the Volleyball home page on goargos.com. Print Friendly Version Share Argos Volleyball now 12-2 with Win over UNC-Pembroke
A key member of the Clonmel Commercials management team is predicting their semi-final clash with Loughmore-Castleiney will be ‘very tight’.Selector Martin Quinlivan and his colleagues are trying to ensure the side go a step closer to emulating the county success that led to them becoming the first ever Tipp team to win a Munster title last year.He says their meetings with Loughmore since the turn of the decade have been keenly fought encounters.Tipp FM will have updates on the Tipperary Water Senior Football Championship semi-finals between Loughmore-Castleiney and Clonmel Commercials, and Moyle Rovers and Kilsheelan-Kilcash, both of which take place this Sunday afternoon.Tipp FM’s Super Sunday of Sports is brought to you by Daly Fishshops Thurles and Nenagh. The manager of Loughmore-Castleiney is hoping that the county championship winners in their side can help them secure a place in the final.Declan Laffan’s team will have to get the better of title holders Clonmel Commercials in order to reach the decider.The Mid Tipp champions’ boss says going all the way in the competition in the recent past should stand to them.
“What are the odds,” said Fran Voigt, his father, “that a little white guy from a little town in Vermont who never played college or professional ball would be selected to coach the Nigerian team?”The odds of Nigeria winning a medal in Rio de Janeiro next month might be even longer. That would be the single biggest shocker in the history of Olympic basketball. As the lowest-ranked team, Nigeria’s goal is to become the first African country ever to get into the knockout round, and they’re aware of how improbable that sounds. “Obviously,” said captain Ike Diogu, “nobody believes we can come out of our group.”That they’re even playing in the Olympics is almost as remarkable as how the Nigerians ended up with a 39-year-old, soft-spoken, baby-faced American as their coach. This has been Voigt’s full-time job for the last year, and every day he asks himself the obvious existential question: “How the heck did I end up here?”It’s a wild story that continues in Rio after multiple stops in basketball hinterlands on several continents. And it began in a town that was rural even for Vermont. Voigt grew up on what used to be a dairy farm in Cabot, where he was one of 18 kids in the graduating class of his tiny high school, which was one of the smallest in the state. “There were more cows than people,” said his former coach Steve Pratt.Still, people in Cabot sensed that Voigt would do something interesting with his life in part because of who his parents are. His father, Fran Voigt, founded the New England Culinary Institute. His mother, Ellen Bryant Voigt, was Vermont’s poet laureate and won a MacArthur genius fellowship last year for her poetry. “The gene pool,” said his father, “would not have anticipated this.”Voigt went to Pomona College, a Division III school in California, where he played on the soccer team. His parents can still remember their response when they asked what he would major in and he told them he wanted to be a basketball coach: “Say what?” Fran Voigt said.But he once explained to his mother why he wanted to coach basketball rather than the other sports he played. “He was always interested in the strategy,” Ellen Bryant Voigt said. “He was the point guard on the basketball team, the catcher on the baseball team and the center striker on the soccer team. He wanted to be right in the thick of it and make strategic decisions—which clearly you can do and need to do in a basketball game.”Voigt’s surprising career in professional basketball began with an internship with the Los Angeles Clippers. It stalled during the 1999 NBA lockout, so he worked for a data-warehousing company. It continued with the Clippers when the lockout ended—but he still kept the job with the data-warehousing company.Then he moved to San Antonio to be video coordinator for the Spurs. At the time, the Spurs’ front office was stocked with future coaches and general managers, and many of them had peculiar backgrounds. Voigt’s was the most unexpected of them all.“It’s like me wanting to be a water-polo player,” said Spurs coach Gregg Popovich.Voigt soaked up Popovich’s wisdom—but not only at work. They were roommates, too. Voigt found himself in need of a place to stay in the middle of the NBA season, and Popovich let him crash in his guest room for a month.He moved out, left the Spurs in 2001 and soon became a basketball nomad. For his first head-coaching job, Voigt went to Norway for what he thought would be a week. It turned out to be three years. He was lured back to the U.S. for a magical run with a semi-pro team called the Vermont Frost Heaves that was founded by Sports Illustrated writer Alexander Wolff. He later relocated to China for a job with the Shanxi Brave Dragons.Voigt is now coaching Nigeria in part because of that peripatetic career. He coached the Bakersfield Jam in the NBA’s D-League from 2009 to 2014—the longest Voigt has stayed in one place since college—and had key Nigerian national players on his teams there.But even before then, Voigt became friends with Masai Ujiri, the Nigerian-born general manager of the Toronto Raptors. When Ujiri began setting up basketball camps in his native country, Voigt was one of the first volunteers. He worked camps in Zaria, Abuja and Lagos and impressed Ujiri by venturing to smaller cities hours away on his off days. “A lot of people ask a hundred questions,” Ujiri said, “which you’re supposed to do.” Voigt didn’t. “Will was just, like, ‘Let’s go,’” he said. “He’s one of those explorer types.”For all the rules in Olympic sports, there are none that govern the nationality of coaches, and the result is a lot of arrangements that make as much sense as the coach of Nigeria being from Vermont. It’s one of the strange realities of every Olympics that gets overshadowed by the spectacular theatrics on fields and courts, on the track and in the water: If you look away from the action, you find people whose paths to the Olympics were incredible in their own right.Voigt had been to Nigeria before and has been to Nigeria since, but the country’s basketball officials came to Dallas to interview him last year. He was offered the job in June. Olympic qualifying began in August. His contract ran through September. That meant Nigeria had to win the continental tournament known as AfroBasket or it would almost certainly have another new coach—and Nigeria had never before won AfroBasket.Africa typically only gets one basketball team in the Olympics. That team is usually Angola, which opened the Barcelona Games with a nightmarish loss to the Dream Team. The few people who remember the Nigerians’ first Olympic appearance in 2012 might recall them the same way. “When you think about us,” Diogu said, “all you think about is us losing to the USA by 80 points.” It was actually 83 points: Team USA won, 156-73, in the most lopsided Olympic basketball game of all time.But last summer, with Ujiri watching from a bar in Senegal and Voigt’s parents streaming the games on a computer in Vermont, Voigt and the Nigerians beat out 15 other nations for Africa’s automatic Olympic entry. One of his trips to Nigeria since then was for a celebration at Aso Villa—the country’s White House.Voigt’s job is part coach, part general manager. He cobbled together a coaching staff from Nigeria, Norway, and the NBA. He constructed a roster with current NBA players like Al-Farouq Aminu and Michael Gbinije and notable college players who are now scattered around the world. Then he had to figure out how they should play. Nigeria still plans to run and press, but Voigt wants the team to be more efficient in the halfcourt, too. “In the past, people would look at African teams and say they’re athletic, but they have no discipline and play wild,” said Voigt, wearing a Nigeria green polo shirt and matching G-Shock watch. “We’ve really worked hard to change that. That was our approach at AfroBasket, and that’s our approach for Rio.”There are 12 nations playing Olympic men’s basketball, and Voigt has the Nigerians convinced they could be one of the eight that get out of the group round. In the last two Olympics, no team ranked lower than No. 20 survived the group stage, and Nigeria enters the Olympics ranked 25th in the world. But it’s not impossible. Last week, in fact, Nigeria beat No. 4 Argentina.“This is not the Jamaican bobsled team,” Voigt said as he munched on a turkey sandwich afterward.But the difference between the Nigerian and U.S. teams is roughly equivalent to the difference between basketball and badminton. One day last week, Nigeria rolled into practice riding 15-seater vans. Team USA walked off Wi-Fi-enabled luxury buses to hundreds of fans waiting in oppressive heat for their autographs.Next week, Nigeria will play the U.S. in its last Olympic tuneup, a matchup of the only American head men’s basketball coaches in Rio: Voigt and Mike Krzyzewski. One of them has been a coach longer than the other has been alive.That game will begin like other U.S. and Nigeria games: with “The Star-Spangled Banner” and “Arise, O Compatriots.” Voigt’s parents were delighted last year by what happened after AfroBasket’s final buzzer. Nigeria’s players lifted Voigt in the air, climbed the podium and, with iPhones in their hands and medals around their necks, belted out their country’s national anthem. Voigt knew every word.“We’re going to sing the anthem with pride,” he said, “and I do.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram *How a former college soccer player ended up in the Olympic basketball arenaWill Voigt grew up in Vermont, played college soccer in California and moved to Idaho earlier this summer. But he hasn’t been home much since then, and he won’t be until after the Olympics. He’s been too busy working: Will Voigt is the coach of the Nigerian men’s national basketball team.This is more than the most unexpected job of Voigt’s career. It may be the most unusual marriage of any coach and any country in the entire Olympic Games.
AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisLive in the studio today, Stephanie Gandulla talked about this season’s on-water research in the sanctuary. Gandulla revealed the technologies used to survey sanctuary waters, and data.Check it out!AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: NOAA, On-Water Research, Thunder Bay National Marine SanctuaryContinue ReadingPrevious Alpena Chamber of Commerce Sell Fireworks Bracelets to Raise Funds for 4th of July EventNext Alpena Senior Citizens Center & ACES Partner Together After Receiving $200,000 Grant from Michigan Health Endowment Fund
Mickelson goes on to say he’s done a “hard reset” over the last 10 days “to change and try and make things better.” He says he’s lost 15 pounds thanks in part to a six-day fast in which he only drank water and a special coffee blend for welness.”I’m willing to do whatever it takes to get my best back,” Mickelson said. Since finishing tied for 18th at The Masters in April, Mickelson has missed the cut in four of his last six PGA Tour events, including finishing tied for 52nd at the U.S. Open last month. Mickelson’s last major win came in 2013 at the British Open. View this post on Instagram MORE: British Open 2019 odds: Expert picks, favorites, best bets to win at Royal Portrush Phil Mickelson’s game has been in a funk as of late and he’s trying several different methods to set him straight, even weight loss.The 49-year-old is in Ireland prepping for the 2019 British Open later this week, and he took to Instagram to give an update on what he’s been up to over the last few weeks. Let’s get real for a minute. I haven’t been my best and I’m doing all I can to get it right. I’ll have more Phireside chats soon as well as a fun new series too. Until then, HIT 💣’sA post shared by Phil Mickelson (@philmickelson) on Jul 14, 2019 at 8:32am PDT”I haven’t posted anything becasuse I haven’t felt good about myself and the way I’ve been playing,” Mickelson says in the video. “So I haven’t done anything or wanted to be in public.”