Dutch roundup: KLM schemes, Vervoer, Pensioenfonds TNO

first_imgVliegend Personeel, the €8.2bn scheme for pilots, said it failed to meet the required financial buffers by 1 percentage point, after its policy funding dropped to 117.9%.Cabinepersoneel reported quarterly returns of 3.2%, 1.8% and 0.6% on fixed income, equity and real estate, respectively, and said its interest hedge added 1 percentage point to its return of 3.4%The pension fund’s return year to date is 7.2%.Algemeen Pensioenfonds KLM, the €7.9bn scheme for ground staff, posted second-quarter and first-half returns of 3.5% and 6.9%, respectively.During the last quarter, its fixed income, equity and real estate portfolios returned 4.1%, 1.9% and 0.5%, respectively.Funding, as of the end of June, stood at 101.7%.The pilots pension fund produced second-quarter and first-half returns of 2.6% and 4.2%, respectively, while its coverage ratio stood at 112.5% as of the end of the quarter. In other news, Vervoer, the €23bn sector scheme for private road transport, has returned 15.8% year to date.As a result, its funding increased by 1.3 percentage points to 99%.The €3.3bn Pensioenfonds TNO, meanwhile, has returned 8.2% on investments year to date, attributing the result largely to its fixed income holdings, which returned 12.2%.It incurred a 2.9% loss on equities, however, while producing neutral results on property and private equity.The research institute’s scheme said its interest and currency hedges had contributed 0.9% and 0.2%, respectively, to its first-half performance.It closed the second quarter with a funding of 105.6% and a policy coverage of 107.9%. KLM’s three main pension funds generated returns of up to 3.5% over the second quarter on the back of positive results on all asset classes.The investment returns, however, failed to offset the negative impact of falling interest rates on liabilities, resulting in a slight drop of the schemes’ coverage ratios.By contrast, their policy funding – the 12-month average of their coverage, and the main criterion for rights cuts and indexation – fell by almost 3 percentage points.As a consequence, Cabinepersoneel, the €2.7bn pension fund for cabin staff, saw its policy coverage decrease to 102.8%, causing a funding shortfall.last_img read more

Everton Park house with naked lady wallpaper to go to auction

first_imgThe wallpaper is reminiscent of a retro Playboy magazine — and this is a bathroom for guests.A house with custom-made wallpaper of naked ladies in its bathroom is set to go under the hammer this weekend — and is expected to draw quite the crowd.The home at 179 Flockton St, Everton Park, has a powder room which is covered from floor to ceiling in wallpaper featuring retro semi-nude women posing seductively. Retro house gets its boogie on More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoThe carved eagle — scary or impressive?It even has a squash court and sauna, along with an in-ground pool, spa and bar.Place Newmarket agent Ross Armstrong said about 180 groups had inspected the property since the marketing campaign was launched in mid-January.“It’s been a bit of a museum to be honest (and) a lot of neighbours have been coming through,” Mr Armstrong said.“People just like the old style and I’ve never seen anything like it.” It looks like The Proclaimers would walk 500 miles to get to this carpet.That’s not where the quirks end in this abode, which was built in 1982, with a giant carved eagle at the entrance of the home, to tartan carpet in pool room.It must have been quite the spectacle back in its heyday, with more than a massive 700sq m of under roof living on a 1ha block. It even has its own squash court.Mr Armstrong said they initially had the house for sale by private treaty but decided to change to an auction after they received interest from both owner occupiers and developers. And a sauna, to, ya’know, wind down after your game of squash.He said he was expecting a number of registered bidders on the day and had a hunch an owner occupier might outbid a developer at the end of the day, although with an auction you can never be sure.“A couple of people want to live there and run a business out of it,” he said.“Most of them want to keep it in its current style and potentially do some cosmetic work internally.”The house will go to auction this Saturday, March 16 at 2pm.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45last_img read more

New Jersey Expands Qualified Offshore Wind Project Definition

first_imgNJBPU plans to hold one or more competitive solicitations for open access offshore wind transmission facilities and related interconnection facilities. The solicitation/s will be conducted separately from any other solicitation for offshore wind turbine electricity generation facilities. The expanded definition will allow these open access transmission facilities to be eligible for offshore wind renewable energy certificates (ORECs). The law has also amended the definition of an OREC. The definition also includes all associated interconnection facilities and equipment in the Atlantic Ocean and connected to the electric transmission system in the State of New Jersey that is connected with a wind turbine electricity generation facility in the Atlantic Ocean and approved by the New Jersey Board of Public Utilities (NJBPU). “This legislation will allow for increased competition in future offshore wind solicitations. Open-access transmission enables wind generators to plug into a planned, efficient system that delivers more energy with less risk while protecting the environment.” Open access offshore wind transmission facility is a high voltage transmission facility that conforms to applicable FERC regulations and policies regarding open access transmission, the law says. center_img New Jersey’s Governor Phil Murphy has signed into law a bill which expands the definition of a “qualified offshore wind project” to include an “open access offshore wind transmission facility”. ”Allowing the Board of Public Utilities to bid projects specifically for open-access transmission is an enormous step forward in creating a more robust, affordable offshore wind industry in New Jersey, while minimizing the impact on our ocean environment and critical fisheries,” Janice Fuller, New Jersey President of Anbaric. OREC now represents the environmental attributes equivalent to one megawatt hour of electric generation, and, additionally, one megawatt of electric transmission transfer capability from a qualified offshore wind project.last_img read more

Coaches Corner Monday Night at 5:45 (9-30)

first_imgListen Monday Night (9-30) at 5:45 on The Sports Voice-Country 103.9 WRBI for Coaches Corner with Hall of Famer at Ison’s Family Pizza in Batesville.Ron’s guests include Steve Cotherman-East Central Cross Country, Tom Meyer-Batesville Golf, Kateri Paul & Jody Thomas-Batesville Volleyball, and Eric Heppner-Batesville Football.A huge thanks to Ison’s Family Pizza for hosting Coaches Corner.last_img

High School Athletes

first_imgIn my job as the host of Coaches’ Corner, I get to interview high school athletes from the area.  What a difference it is interviewing these student athletes today than when I started over 30 years ago.Today the athletes are not afraid of the microphone nor are they at a loss for words.  Only occasionally one of these athletes has to hesitate before they give an answer.  Students today are so much more involved in many activities that they feel at ease in most situations.  I can still remember an early interview when I asked a young man how it felt to score the winning basket at a regional game.  He simply smiled and nodded his head.  I do not remember the second question but he again nodded his head.  All I could do was take a commercial break.  During that break I informed the young man that this was radio and the people couldn’t see him nodding.  I said “you have to speak up”.  That certainly isn’t a problem today.last_img read more

Marian Crimans

first_imgMarian Crimans, 92, mother of Janet Moore of Milan, passed away January 4 at Westfield, Indiana.  Marian was a former teacher at the Elwood Schools before her retirement.  Marian was a member of the Presbyterian Church and was active in many associations and clubs. She was preceded in death by her husband, William Crimans in 2006.  She will always be remembered for her great sense of humor and her love of all her family.Marian is survived by 4 children including daughter Janet (Charles) Moore of Milan, grandchildren Robert and Matthew (Kindra) Moore and Margaret (Joe) Nardi, great grandchildren Devon, Makenna, and Everett Moore, other grandchildren and great grandchildren.Funeral services will be Tuesday January 9, 2018 at 12 noon at the First Presbyterian Church in Noblesville.  Visitation will be 10-12noon at the church on Tuesday.  Burial will be at 2:30PM Tuesday at the Elwood City Cemetery in Elwood.  Memorials may be made to the Alzheimer’s Association.  You may go to www.lawscarrmoore.com to leave an online condolence message for Janet and her family.last_img read more

SON to unveil sealed code to detect fake products

first_imgRelatedPosts Influx of fake, substandard goods: FG moves to further strengthen SON COVID-19: ABU, RMRDC backed PPE kits pass SON test, set for launch Using 12.5kg cylinder as camp gas highly dangerous – SON The Standard Organisation of Nigeria says it has concluded plan to unveil sealed code to enable buyers or consumers detect fake products in the markets. The SON Coordinator in the Federal Capital Territory, Dimka Gambo, made this known at Business to Business monthly session in Abuja on Saturday. Represented by Papa’a Johnson, the Principal Standard Officer of the organisation, Gambo said the code would be inaugurated this year. Gambo explained that when that was inaugurated, the unregistered products using standard organisation certified logo would be easily detected. He however said porous borders and smuggling activities were reason for the influx of unregistered products in the country. Meanwhile, the coordinator disclosed that in line with the policy of the Federal Government on ease of doing business, SON had offered 50 per cent subsidy on standard services provided by SON to Small and Medium Enterprises. He said this development was put in place to boost the SMEs in the country. According to Gambo, apart from this discount, the organisation also gives technical assistance to SMEs to enable such segments of business to grow. The coordinator reiterated SON’s commitment to ensure the country got rid of fake and substandard products. The Convener of the business to business group, Dr. Mustapha Popoola, had earlier urged the Federal Government to come up with a policy that would put into consideration the dynamic nature of every part of the country for business to thrive. Popoola said there was the need to take cognisance of diversity of various cities in the country, pointing out that the model that worked in Kano State might not work in Lagos or elsewhere. He underscored the need for regular engagement of the private sector by government through a platform like business to business to help find a solution that would lead to create enabling environment for businesses to thrive, hence boosting the economy.Tags: Dimka GamboFake productsStandards Organisation of Nigerialast_img read more

Allardyce wants more

first_imgWest Ham manager Sam Allardyce has bucked the trend set by a number of his Barclays Premier League counterparts by bemoaning his side’s lack of matches in the coming weeks. Fixture congestion is usually a major concern for Premier League bosses at this stage of the season but Allardyce is rueful of the fact the Hammers are only likely to play three games in March. Their home game against Manchester United, originally pencilled in for March 9, has been postponed due to United’s continued progress in the FA Cup. Allardyce has an almost fully-fit squad to choose from but reckons he cannot give enough game time to those individuals requiring a little bit of match sharpness. He said: “Our difficulty is that coming into March we’ve only got three games in the month. It’s going to be a big period to actually manage the players without really enough games.” Allardyce continued: “Selection processes are what a manager needs and it gives us a good, broad base of squad members in strength in depth to select from moving forward in the last third of the season. “We had too many games in December and January and now because of circumstances with Manchester United beating Reading and an international break as well, we’ve not got enough in March. “We’ve got a big squad fully fit, but only three matches for them to compete in. We’ll keep on top of the players’ fitness and make sure we’re ready for every game because with such long periods [between games] keeping the players focused and concentrated is one of the difficulties.” Allardyce was bullish in his reply to further questions regarding his future at Upton Park. The 58-year-old, as well as the club’s co-owners David Gold and David Sullivan, have stressed his contract – which expires at the end of the season – will be prioritised once top-flight survival has been assured. When the subject was broached to Allardyce he said: “It’s a bit of an old hat story because we’ve been talking about it for such a long time. I’ve clearly explained to everybody several times this is a both parties agreement. Both parties will sort it out privately and confidentially when the time is right.” Allardyce was critical of a small minority of West Ham fans who chanted anti-Semitic songs during the 3-1 defeat at White Hart Lane in November but remains hopeful the situation will not reoccur on Monday night. He said: “Like everybody else we want to try to reduce it to its bare minimum. We’d like to cut it out completely but I don’t think that’s ever going to be the case when people get involved in emotional situations. But if we spot it we’ve got to deal with it and hopefully there won’t be any.” center_img Press Associationlast_img read more

Defense faces first real test in Aggies

first_img“Inside the 20s” runs on Tuesdays. To comment on this story, email Nick at nselbe@usc.edu or visit dailytrojan.com.Follow him on Twitter @NickSelbe Don’t believe everything you read. At least, that’s how the saying goes.Because if you read statistics about USC’s defense in 2013, you would believe that the Trojans had one of the top defensive units in all of college football.So far this season, USC ranks eighth in the nation in points per game allowed at 10.0. The team is second in the NCAA in rushing yards allowed per game (43.7), fourth in total yards allowed per game (212.3), second in sacks (12.0) and sixth in interceptions, which is particularly encouraging given the amount of uncertainty surrounding the Trojans’ secondary entering this season.But remember: don’t believe everything you read. Numbers might never lie, but they don’t always tell the whole truth.Hawai’i, Washington State and Boston College, the three opponents USC has faced this season, all finished 2012 ranked 102nd or worse in scoring offense, and only the Cougars finished higher than 100th last season in total offense (96th). So, no, as impressive as USC’s defense has been, it hasn’t really seen a formidable opponent yet in 2013.All of that will change Saturday when Utah State comes to the Los Angeles Memorial Coliseum. Last season, the Aggies, playing in the now-defunct Western Athletic Conference, which is a non-BCS automatic qualifying conference, ranked 21st in the country in total offense and 26th in scoring offense en route to an 11-2 record and a respectable No. 16 spot in the final rankings of the Associated Press poll.This season, the results have been even more staggering, though they should be taken with an enormous grain of salt. Utah State is eighth in scoring offense and 12th in total offense, but those numbers are bolstered by wins against overmatched Air Force and FCS Weber State. Utah State’s lone loss this year came against the Pac-12’s Utah, but the team still racked up 487 yards of total offense.But the reason Utah State poses such a threat to the stout USC defense is mostly because of one player: junior quarterback Chuckie Keeton. At 6-foot-2 and 200 lbs., he’s physically imposing and a dangerous open-field runner. He leads the Aggies in rushing yards this season and has more than 1,000 yards rushing for his career. He ranks ninth in the nation in passer rating this season, and finished 17th in that category in 2012.USC fans most likely shudder at the thought of going up against a dual-threat quarterback, and rightfully so. The list of running gunslingers that have burned Trojan defenses in the past decade is an impressive one: Texas’ Vince Young in 2006, Washington’s Jake Locker in 2010, Arizona’s Matt Scott in 2012 and every Oregon quarterback from 2007 onward: Dennis Dixon, Jeremiah Masoli, Darron Thomas and current Ducks signal-caller Marcus Mariota.Making matters worse for USC is Keeton’s penchant for rising to the occasion against the big boys of the BCS. In his four career games against BCS automatic qualifying teams, Keeton has completed 67.6 percent of his passes for 924 yards, thrown six touchdowns and no interceptions and rushed for 279 yards on 55 carries (5.1 yards per rush) and three touchdowns. Simply put, Keeton shows up ready to play against higher competition.Utah State’s offensive proficiency can be directly attributed to Keeton’s arrival. In 2010, the year before Keeton’s freshman campaign, the Aggies averaged 22 points per game and amassed 4,168 yards of total offense. In 2011 and 2012, they averaged 33.6 and 34.9 points per game, respectively, and had nearly 6,000 yards of total offense each season.The purpose of all these gaudy statistics is to show that USC’s defense will finally face a worthy adversary this Saturday. Coming into the season, questions surrounded the Trojans’ defense: How would Pendergast’s new scheme work? Would the secondary improve? Could the team still pressure the quarterback with only three down linemen?Those questions have, for the most part, been answered. But now the main question that remain remains is simple — is this for real?We’ll find out on Saturday. If the USC defense can stymie a gifted quarterback the likes of which it has consistently struggled with time in and time out in recent years, then I’ll go all in on this Trojan defense. If the defense can force some turnovers and keep Keeton and Co. out of the end zone, then you can call me a believer.Until then, color me skeptical.last_img read more

Caesars’ new Vegas production studio will involve esports

first_imgIn association with Sidekick Productions, Caesars Entertainment has launched a new Las Vegas based production studio. Word is that it’s hoped that esports will play a major role. The 48,000 square foot facility is near to Ballys in Vegas, and adds another string to the city’s esports bow. Earlier this year Luxor announced plans to convert its nightclub into an esports venue, whilst the likes of the Downtown Grand has been hosting esports events for some time. Moreover, in downtown Vegas, there’s Millennial Esports’ 200 seater esports venue at the Neonopolis. Jason Gastwirth, Senior Vice President of Marketing and Entertainment for Caesars Entertainment Corporation said: “Given our long-standing relationship with the entertainment industry, the studio’s close proximity to the famed Las Vegas strip, as well as its state-of-the-art infrastructure, the opportunity to open Caesars Entertainment Studios makes perfect business sense.“We saw an opportunity to do something that’s never been done in Nevada, and we’re confident that production companies will see the value our space provides. We’re already seeing a return as ‘Who Wants To Be A Millionaire’ has started utilizing the studio for its latest production.”Caesars Entertainment properties have a Hollywood history with the likes of The Hangover, Jason Bourne, The Big Short and more being filmed in them, and with this new studio their hope evidently is to do more of this, and get involved in esports too. You can read the press release in full here. Esports Insider says: Caesars’ new Vegas based production studio looks the business. With a soundstage capable of ‘hosting feature films, TV shows and special events (concerts, sports)’ and its proximity to Hollywood we can expect it’ll get a lot of use too. Maybe that Will Ferrell esports movie will be first up…last_img read more