上海夜网XS

BACB pension scheme transacts first open-tendered underwritten buy-in

first_imgThe British Arab Commercial Bank (BACB) Pension Scheme has entered into a £12m (€14.5m) insurance contract with Partnership, in the UK’s first tendered medically underwritten buy-in.The £12m deal covered all non-insured pensioners in the £60m scheme and was arranged via a third-party information collector.MorganAsh collected the medical information from the scheme’s members via a questionnaire. It then passed on the results to all interested insurers to formulate their bids.Insurers responded to the tender based on the identical medical information, resulting in a more competitive price for the trustees to transact. This differed from the process seen thus far, where deals are completed after a pension scheme selects an insurer upfront.JLT Employee Benefits (EB) had worked with insurers and MorganAsh to develop the process for its clients.Graham Wardle of BESTrustees, who chairs the BACB scheme, said the board received a 95% response rate from members, allowing the trustees to obtain an accurate price for the exercise.“We were able to achieve a competitive price by selecting Partnership Assurance, and we are pleased with how streamlined the process was,” he said.“The continual de-risking of our pension scheme is an important goal and ensures the long-term security for our members.”Buyout consultant at JLT EB, David Barratt, said the new process designed by the consultant could be important for schemes looking for effective and efficient de-risking.“We are continually looking to improve efficiencies for our clients and are delighted to have brought this new process to the market,” he said.Partnership Assurance director of corporate partnerships, Will Hale, said the tendered deal represented a landmark in the underwritten bulk annuity market.“We were happy to support JLT Employee Benefits develop this new market process,” he said.“A common approach to the collection of member information will ensure schemes wishing to de-risk through a choice of insurers, and they can be confident of attaining a competitive price.”last_img read more

Australia embraces new gender guidelines

first_imgNZ Herald 14 June 2013Australia has embraced a growing global trend towards acknowledging greater gender diversity with individuals now able to be referred to as “indeterminate, intersex or unspecified” on official documents rather than male or female.Attorney-General Mark Dreyfus said new national guidelines, which come into force on July 1, will make it simpler for people to establish or change their sex or gender in personal records held by government departments and agencies.“We recognise individuals may identify, and be recognised within the community, as a gender other than the gender they were assigned at birth or during infancy, or as an indeterminate gender,” he said in a statement late Thursday.“This should be recognised and reflected in their personal records held by departments and agencies.”The move comes after the Australian Human Rights Commission in 2009 recommended the government consider developing national guidelines concerning the collection of sex and gender information.http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=10890645last_img read more

FPL transfer advice, including Liverpool, Arsenal, and Chelsea stars

first_img Green reveals how he confronted Sarri after Chelsea’s 6-0 defeat at Man City 11 Out: Lucas Moura (Tottenham) – £7.2m SORRY It’s vital to get the balance of your squad right now, especially as a busy festive period looms.So who do you need to sell and sign this week? Here at talkSPORT.com we’ve taken a good look at the form and fixtures and believe we’ve got the best transfer tips around… In: Ross Barkley (Chelsea) – £5.9m Liverpool news live: Klopp reveals when Minamino will play and issues injury update 11 The Brazilian hasn’t scored since gameweek five and hasn’t been credited with an assist since gameweek three. You need a forward to score you goals and Firmino just isn’t giving us a reason to keep him. Guardiola-inspired tactics: Is this how Arsenal will line up under Arteta? Out: Henrikh Mkhitaryan (Arsenal) – £6.8m Sky Sports presenter apologises for remarks made during Neville’s racism discussion He’s not playing badly for Spurs but the Brazilian attacker’s form doesn’t get you FPL points. Without a goal or assist since gameweek four it’s time to ditch him. One of the cheapest starting defenders out there and an ownership of just 0.9 per cent, this could be the bargain of the century and help you build your squad. Sadly, it might be time to give up on the Serbian. A good start has faded away and the Cottagers are in a battle against relegation now. This could see the way they play change and may result in fewer chances for the striker, too. Add the fact Liverpool, Chelsea, and Manchester United are coming up in their fixtures and he’s a definitely for your outs. Surely an England call-up is on the way for Wilson., who now has five goals and seven assists this season as he links well with Ryan Fraser and David Brooks. His creative improvement makes him a duel threat so right now he’s a must-have. Out: Jose Holebas (Watford) – £5.1m tense Who should you be selling and signing this week in FPL? latest Getty We hate being proved wrong but the Icelandic star is managing to continue his recent revival. Watch out for games against Chelsea and Liverpool coming up though. Liverpool’s signings under Michael Edwards – will Minamino be the next big hit? Did Mahrez just accidentally reveal Fernandinho is leaving Man City this summer? Out: Roberto Firmino (Liverpool) – £9.3m huge blow In: Kiko Femenia (Watford) – £4.2m predicted Boxing Day fixtures: All nine Premier League games live on talkSPORT 11 whoops Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury The average first-team salaries at every Premier League club in 2019 As we feared, Holebas’ suspension appears to have cost him his place in the Hornets’ side with Adam Masina taking over in his absence and helping them to victories over Wolves and Huddersfield. 11 Another gameweek down and it’s still proving hard to rely on some star Premier League performers to get us points, with both Sergio Aguero failing to score.We’re checking the stats and looking at all the fixtures to figure out which players have the potential to do well for us and fire us up our mini-leagues. Yep, you guessed it. The Premier League’s in-form star is now a must-sign player. Three goals and three assists in three games show just how hot he is and at such a low price you have to give him a shot. 11 11 11 11 changes Out: Aleksandar Mitrovic (Fulham) – £6.9m In: Callum Wilson (Bournemouth) – £6.6m In: Alvaro Morata (Chelsea) – £8.7m 11 11 Most Popular Premier League News gameday cracker TOP WORK revealed Getty 11 How Everton could look in January under Ancelotti with new signings Now, this might sound crazy, but a quick one-week transfer in for the Spaniard might just win you a quick few points. Likely to start as Olivier Giroud is injured, Morata will face Crystal Palace with renewed confidence having scored two goals in his last three Premier League appearances. Only owned by a minority of managers he could get you vital unmatched points. In and out of the Gunners’ side, you just can’t rely on the Armenian starting games and getting you regular points. In: Gylfi Sigurdsson (Everton) – £7.4mlast_img read more