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Hackett speaks on CRS for Forum

2021-01-26
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On: January 26, 2021
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first_imgDr. Ken Hackett, President of Catholic Relief Services (CRS), explained the fundamental Catholic identity and history of the international charity organization Thursday night as part of the Notre Dame Forum. For the second annual Rev. Bernie Clark, C.S.C., lecture, the topic “Globally Engaging Charity in Truth” alluded to Hackett’s integration of Pope Benedict XVI’s encyclical “Caritas in Veritate” into CRS. “At CRS we have taken a lot of time to examine what’s inside these documents,” Hackett said. “It reminded us that humanitarian action should be rooted in a selfless love that should always be done in a spirit of humility.” Hackett, who oversees approximately 5,000 employees in over 100 countries, approached the task of aiding world disasters with a definitive mission adhering to Catholic Social Teaching. “Integral human development, that I would contend, sets CRS apart from the many humanitarian agencies that appear to look just like us,” Hackett said. “We consciously try to incorporate Catholic Social Teaching in everything we do. What might be surprising to you, we haven’t always been good at integrating these things.” Hackett reflected on the development of CRS by defining “three phases of history,” in which he perceived “lenses” of the world and how to address specific issues. First, Hackett described the “social welfare lens” in the beginning stage of forming CRS. In the context of the “darkest days of WWII,” CRS focused on the corporal works of mercy and established a network of international institutions, called “Caritas Internationalis,” that still function today. “Catholic identity was strong but it was difficult to look introspectively,” Hackett said. The “social development” stage in the 60s and 70s was geared towards “providing sustainable solutions,” but Hackett said there was an absence of a Catholic identity. “We became to look more and more like any other NGO,” he said. The important shift of the organization to Catholic Social Teaching occurred through several tragic and personal experiences. Hackett said he was shocked to learn that CRS hadn’t provided fresh water to the people of Somalia but instead to a group of conquerors. After providing food amidst the ethnic tensions in Rwanda two years before the genocide of 1994, Hackett said the CRS realized the need to change the direction of their efforts. “800,000 were slaughtered in a most vicious way [in Rwanda]. It was horrific, and for us, it was personal. Because CRS staff lost colleagues, friends, family members, it wasn’t something over there, it was in here — personally and institutionally,” he said. “And after the genocide, we learned a tough, bloody lesson: all the good work we thought we were doing … was not enough.” Hackett said that he and other CRS officials knew about the ethnic tensions between the Hutus and Tutsis that eventually led to genocide that claimed nearly one million lives. He said he regrets that he did nothing to address the issue before it was too late. “That was politics. We did development,” he said. “We realized after that cleansing, a lot of weeping, and introspection and prayer that we as an agency had to start addressing justice issues in imbalance of society in Rwanda and imbalance of society elsewhere. And we started to incorporate a justice-centered focus worldwide.” Embracing the principles of solidarity within Catholic Social Teaching, CRS redefined the endeavors of the organization towards the human dignity of stricken people, as well as the employee relationships with one another. “Catholic Social Teaching is not just a theological exercise,” Hackett said. “It’s a practical and fundamental guide for how the church should live in the world. And we as an organization should transform ourselves to function in the world.” In the closing questions, an African priest from Darfur gave homage to Hackett’s work with CRS benefiting his people, yet posed the question of how the Catholic Social Teaching vision should appeal to the majority of CRS workers, who are not Christian. Hackett responded with the words of St. Francis. “‘Preach always, sometimes use words.’ We should be recognized by what we do and how we do it,” Hackett said. Hackett closed by acknowledging that people of all faiths identify with the dignity of a human person. “You know who you are and you’re ready to say who you are, without boastfully pushing who you are. Do it with humility,” he said.last_img read more

College urges students to love their bodies

2021-01-26
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On: January 26, 2021
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first_imgThis week, members of Saint Mary’s Student Government Association (SGA) are reminding others of the importance of loving their bodies. Love Your Body Week was the idea of Saint Mary’s junior Laura Glaub, SGA’s student services commissioner. A communication major and women’s studies minor, Glaub noticed how often body dissatisfaction appeared in her coursework. Not long after, Glaub noticed that some of her friends were demonstrating the same body dissatisfactions, and she wanted to make a change. She decided to create Love Your Body week. “I want to empower my peers,” Glaub said, “and I want to show them that they are beautiful no matter what.” Glaub plans to empower her peers through a series of lectures, activities and student presentations. Today at noon, Dr. Susan Alexander, Saint Mary’s professor of sociology, will speak on “Disrupting Body Dysmorphia: Media Literacy as a Method of Addressing Women’s Body Image Issues” in conference room A in the Student Center. Judy Fean, the Director of Campus Ministry, and Regina Wilson, Assistant Director of Campus ministry will give a lecture entitled, “Women and the Church: Father, May I Love My Body?” at 5 p.m. in the same location. A Saint Mary’s student will discuss her own struggles with eating disorders at 7 p.m. in Carroll Auditorium. She will speak alongside of a panel on eating disorders on “Biting Back.” Glaub said the discussion would be very powerful. This student has yet to reveal her eating disorder to the general public, but she wants to share her stories with others now. The rest of the week is packed with events, including a presentation by Connie Adams of the Belles Against Violence Office at 12:15 p.m. Tuesday in conference room A. Also on Tuesday, students are encouraged to relieve stress by laughing with clinical exercise psychologist, wellness coach, and certified laughter leader/laughter yoga instructor Mary Labuzienski at 6 p.m. in conference room a of the Student Center. “Mary says we all need fifteen minutes of laughter each day to remain healthy, so I wanted people to get their laugh in for the day,” Glaub said. This event is especially fun and eye opening, Glaub said, because it teaches students “you don’t need to be on a treadmill to love your body.” Later that night, Professor Bettina Spencer and Saint Mary’s student Gina Storti will give a lecture, “Love Your Body? Body Image at SMC compared to ND,” at 7 p.m. in Vander Vennet. Dr. Terri Russ, a professor of communication studies at Saint Mary’s will give two lectures on Wednesday, one at noon in conference room A in the Student Center, and the other at 7 p.m. in Carroll Auditorium. Her first lecture is entitled “Mother, May I Love My Body?” and the second is, “Beautiful Body Battles, Why Are We All Chasing Unicorns?” Students can attend a Fashion Show sponsored by Flourish at 6 p.m. Thursday in the Noble Family Dining Hall. At 8 p.m., the Student’s Activity Board will show the film “Eat Pray Love” in Vander Vennet. The week wraps up with a presentation by Saint Mary’s senior Christina Grasso. Grasso will present her senior comprehensive project entitled, “The Cult of Thinness in Fashion Industry” at noon in conference room A in the Student Center. The presentation will highlight interviews with models and fashion industry professionals Grasso has worked with in the past, and their views on the concept of thinness in the fashion world. Grasso has interned with Elite Model Management during New York Fashion Week in 2010 and 2011. She also interned with Nanette Lepore at the most recent fashion week in February. These internships have altered her perception of the fashion world and its impact on the public. “We only see the finished product — the glossy images of seemingly flawless women,” Grasso said. “What most people do not see, though, is the heavy preparation that goes into a photo or runway show — the hours of hair and makeup and photo editing. “Fashion, at its core, is a business and its purpose is to sell clothing. But somewhere along the line, it has become less about selling confectionary designs and more about selling a body-type as a utopian lifestyle. I am absolutely in love with the fashion industry, but I have to be mindful of my own innate values.” Grasso stresses the importance of Love Your Body Week on an all-women’s campus. “In today’s society as a whole there is an idea that there is only one kind of beauty, and that perfection is the vehicle to success and happiness,” Grasso said. “It is in this relentless pursuit, though, that we find anything but. Quirks and so-called imperfections are what make a person interesting, unique [and] beautiful.” Grasso also said this week is especially important because it provides an open forum for women to talk about their concerns, achievements and aspirations. SGA will also be distributing T-shirts and buttons in the Student Center today and during Grasso’s presentation at no cost to the students. “I don’t want people to have to pay to love their body,” Glaub said. All events are free and open to the public.last_img read more

Cyberattacks targeting K-12 schools, boy scouts & nonprofits

2020-12-17
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On: December 17, 2020
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first_img continue reading » A Nigeria-based scammer gang dubbed “Scarlet Widow” is unleashing email fraud attacks against K-12 schools, universities and nonprofits around the world, according to a report from Foster City, Calif.-based Agari.Agari, which uses predictive artificial intelligence to stop advanced email attacks, has uncovered and documented the practices of Scarlet Widow that has evolved a different strategy. “Rather than focusing on corporate targets, which are devoting increased resources to cyberdefenses, the group focuses on more vulnerable sectors such as school districts, universities, and nonprofits, which the group likely believes are softer targets,” Agari revealed.Targets include dozens of small-town schools and school districts in Indiana and Wisconsin; U.S. and U.K. nonprofits including Boy Scouts of America and the Salvation Army; and universities in Florida, the United Kingdom, New Zealand and Australia. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

USCIS staffers reportedly ordered to make ‘no contact’ with Biden team until Trump appointee clears

2020-11-20
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On: November 20, 2020
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first_imgAs Daily Kos’ Kerry Eleveld noted earlier this month, the sign-off is critical in that it releases millions of dollars to transition teams working to set up new governments, along with critical access to federal agencies. But Murphy, a Trump appointee, has refused to sign the letter even as it’s been clear she privately recognizes that he lost. That refusal isn’t only, in just one example, endangering the novel coronavirus pandemic response either.“For USCIS—and DHS as a whole—the delay could hamper efforts to undo the myriad changes to immigration policy instituted by the Trump administration,” Aleaziz reported. The outgoing administration has implemented hundreds of immigration policies, some of which President-elect Biden has vowed to act on immediately after being sworn in, while others will be a lengthier process. While Biden’s team has likely already been reviewing these policies, Murphy is single-handedly blockading critical access that would likely benefit this process, for no reason than other than placating the sore loser who installed her.- Advertisement – The wall of silence at the administration could also be far-reaching in other ways at the agency. Named in Biden’s transition team is Ur Jaddou, a former USCIS chief counsel who has shined a light on the agency’s abuses and radicalization under impeached president Donald Trump. She’s now rumored to be a top pick to head USCIS, a decision that if pans out could be well-received by immigrant rights advocates. But Murphy’s refusal also blocks Jaddou from critical access and a head start in trying to restore and improve USCIS.As Daily Kos has noted before, USCIS has become radicalized under the outgoing administration. I mean, just look at who leads it in an acting capacity: Ken Cuccinelli, a racist who once compared immigrants to rodents. I repeat this next thing a lot because it needs to be repeated: A federal judge actually found this anti-immigrant loudmouth was unlawfully installed to his job, yet he’s still refused to leave. He instead spends a lot of time retweeting notorious right-wing trolls from his official government account while shamelessly campaigning for his soon-to-be-former boss on the taxpayer dime.In one of its final middle fingers to immigrants, USCIS has also rolled out a revised U.S. citizenship test intentionally making it harder for applicants to pass. Of course I wonder: Could Trump pass it? How about Senator-elect Tommy Tuberville of Alabama, who is apparently ignorant of basic shit we learn in elementary school? “On the campaign trail, Tuberville ducked interviews and declined debates, and now we all get to see why,” one recent op-ed in the state said.- Advertisement – – Advertisement –center_img The blockading won’t work forever. Murphy and Trump can’t prevent the inevitable. Biden will be president on Jan. 20. It’s also true that every day preventing a smooth transfer of power is another day lost—and it’s happening on purpose. BuzzFeed News reports that the email to USCIS staffers orders that “’until ascertainment, there is to be no contact with the Biden team,’ before adding that ‘if and when’ the GSA recognition of Biden’s victory is formalized, contact will be made.” Just some truly fucking shameful stuff here, folks. January can’t come any faster.last_img read more

The Croatian Chamber of Commerce proposed concrete measures to help the economy

2020-11-18
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On: November 18, 2020
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first_imgThese include, among others, the creation of HBOR’s loan program with minimum interest rates that would ensure that all vulnerable business entities reschedule loans with the possibility of deferred payment (waiting). The Croatian Chamber of Commerce continues to analyze the situation on the ground, and will base its future recommendations and actions on this topic on the information of entrepreneurs.    Establishment of a state fund from which to co-finance the salaries of workers of companies suffering from the consequences of coronavirus in order to preserve liquidity. A more flexible approach in making claims into bad credit status (NPLs) would ensure that the short-term crisis does not lead currently indebted companies to bankruptcy. It is also proposed to pay the income tax in installments from the financial year 2019 in six months (installments) and to urgently shorten the procedure for importing labor and tax relief for seasonal workers in order to facilitate employment after the situation calms down.  “The Croatian Chamber of Commerce listens to the problems of its members every day, so these measures that we propose come from them. They are focused primarily on productive and export-oriented sectors of the economy, and with their implementation as soon as possible, we will continue to act preventively and thus control the situation as much as possible. The goal is clear, to help companies and the economy overcome this crisis, with minimal impact on the state budget”, Said the President of the Croatian Chamber of Commerce Luka Burilović, commenting on measures to preserve the business of domestic companies.  The aim of the second questionnaire of the Croatian Chamber of Commerce is to gain insight into the consequences of coronavirus on the business of companies with regard to individual counties and with regard to business with the countries of the so-called affected areas and other key foreign trade partners. The questionnaire also includes questions regarding the assessment of financial damage and the impact of potential employee absences on business. Questionnaire on the effects of coronavirus on business The first survey of the Croatian Chamber of Commerce showed that two thirds of our companies are already feeling the effects of coronavirus on business, and tourism and catering are the most affected, about which you can read more here. There are also measures that should be coordinated with the European Commission, such as modified and targeted use of EU funds, or lobbying for intervention funds. This primarily implies a change in the rules on the possible amount and purpose of state aid (state aid) which could include the costs necessary for the maintenance of business and jobs and the rapid and immediate reprogramming of available EU funds, especially those that we do not use to a sufficient extent. “Redirecting these funds to the sectors and companies most vulnerable to the crisis would guarantee stability to the economy without major financial blows to the state budget. We must show our entrepreneurs that they are not left to fend for themselves in this difficult situation. “, said Burilovic.  A questionnaire consisting of eight questions can be found at this one connectors.last_img read more

A house on a double lot has hit the market.

2020-10-06
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On: October 6, 2020
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first_img16 Walker Ave, Teneriffe.A covered pergola precedes the first-floor entry, which leads into an open-plan lounge and dining room adorned in sleek grey tiles that complement white walls and plantation shutters. This space then connects to a study with built-in timber cabinetry, along with a contemporary kitchen featuring a walk-in pantry, an island benchtop, generous cabinetry and high-quality appliances, along with an adjoining meals area. 16 Walker Ave, Teneriffe.“Make no mistake, this property is one of the last of its kind,” Mr Lancashire said. “Whether you choose to move in immediately, renovate this post-war gem or start fresh with a blank canvas, you will always have the benefit of a tranquil, convenient and picturesque neighbourhood.” DETAILS For sale: By negotiationAgent: Matt Lancashire, Ray White New FarmTel: 3254 1022, 0416 476 480 16 Walker Ave, Teneriffe.Nestled on a 1116sq m double block, this residence at 16 Walker Ave, Teneriffe has plenty of development potential.Perched on a hill and surrounded by established gardens, it is close to shopping, dining and entertainment options, with its post-war brick design boasting multiple living areas and a practical layout. 16 Walker Ave, Teneriffe.The bedrooms are both carpeted and include timber blinds, with one also opening to a rear covered patio. Positioned next to a double carport, the patio offers privacy and a serene outlook over the residence’s leafy backyard. Completing the lower level is a spacious storage room.Agent Matt Lancashire said the property offered a rare opportunity for potential buyers to either move in straight away, or build a dream residence in an enviable location. 16 Walker Ave, Teneriffe.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoOpposite the cooking space is a laundry, while three carpeted bedrooms are located off a hallway to the rear of the house. Two of these bedrooms have built-in wardrobes and are serviced by a bathroom with a spa bath, while the main bedroom has a walk-in wardrobe, an ensuite and access to a rear L-shaped balcony.A staircase near the dining room descends to the lower level of the house, which is self-contained with a large rumpus room with polished timber floors and two kitchenettes, two bedrooms and a bathroom with twin vanities.last_img read more

Quarter of income going on rent in Brisbane, with most postcodes now approaching unaffordable

2020-10-06
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On: October 6, 2020
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first_img Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 8:04Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -8:04 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, 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 Rate1xFullscreenMay 1: Real Estate Market Wrap08:04 Most postcodes in inner to middle Brisbane were now touching unaffordable rents. Picture: Drew Fitzgibbon.BRISBANE renters are handing over a quarter of their income to their landlord, with most inner to middle ring postcodes hitting “unaffordable” levels, new research has found.The latest Rental Affordability Index out today found that dual income couples with children — estimated income $174,000 — were faring best with about a tenth of their spending going to rent with the worst affected being the hard hit segment of jobseekers on Newstart allowances where 100 per cent of their $17,700 would go to landlords if they remained in greater Brisbane. Inner Brisbane has become a no-go zone for many categories of renters. (Picture: AAP Image/Glenn Hunt). RENT AS SHARE OF INCOME: Dual income couple with children ($174,000 P.A., 3 bedroom) Greater Brisbane 12 per cent; Rest of QLD 11 per cent.More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours ago Single full-time working parent ($87,000 P.A., 2 bedroom) Greater Brisbane 24 per cent; Rest of QLD 19 per cent. Single income couple with children ($87,000 P.A., 3 bedroom) Greater Brisbane 24 per cent; Rest of QLD 22 per cent. Student sharehouse ($75,900 OR $25,300 per student P.A., 3 bedroom) Greater Brisbane 27 per cent; Rest of QLD 24 per cent. Minimum wage couple ($72,300 P.A., 2 bedroom) Greater Brisbane 28 per cent; Rest of QLD 22 per cent. Hospitality worker ($54,500 P.A., 1 bedroom) Greater Brisbane 34 per cent; Rest of QLD 26 per cent. Pensioner couple ($50,000 P.A., 2 bedroom) Greater Brisbane 41 per cent; Rest of QLD 32 per cent. Single part-time worker parent on benefits ($38,700 P.A., 2 bedroom) Greater Brisbane 52 per cent; Rest of QLD 42 per cent. Single pensioner ($27,100 P.A., 1 bedroom) Greater Brisbane 65 per cent; Rest of QLD 54 per cent. Single person on benefits ($17,700 P.A., 1 bedroom) Greater Brisbane 100 per cent; Rest of QLD 82 per cent. (Source: SGS Economics & Planning) Brisbane still had a lot of green “affordable” sections in 2011. (Source: SGS Planning & Economics). Craig Bellamy agrees to Brisbane home contract Would you get frisky in front of your furbaby? Axe murderer’s home sold for millions The RAI research by National Shelter, Community Sector Banking and SGS also found that venturing into the southeast was also a minefield given the biggest affordability shifts outside capital region had come from Maroochydore, Caloundra and the Gold Coast. Those three areas were now considered “moderately to severely unaffordable, even when applying Greater Brisbane incomes”, the research said. Brisbane’s latest RAI spread has gone into the orange. (Source: SGS Planning & Economics).Low earning households were considered to be in housing stress when housing costs were higher than 30 per cent of gross income “affecting a household’s ability to pay for other primary needs”.For rent to be considered “moderately unaffordable” it should take up 25 to 30 per cent of income, while “unaffordable” was 30-38 per cent, “severely unaffordable” 38-60 per cent and “extremely unaffordable” at 60 per cent or more of funds going to landlords.Acceptable rent was considered 20 to 25 per cent of income while affordable rent accounted for 15 per cent or less of household income.last_img read more

PNO Media puts investments in infrastructure, microfinance on hold

2020-09-29
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On: September 29, 2020
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first_imgThe €4.9bn pension fund PNO Media said that it would stop investing in infrastructure and microfinance, following an assessment of returns versus risks and costs.Although its 2% infrastructure holdings returned 13.2% last year, its 1% microfinance portfolio yielded no more than 1.9%, under-performing the benchmark by 4.1 percentage points, it said in its annual report for 2014.The media scheme posted an overall result of 15.9%, which was boosted by 4.5 percentage points due to its interest hedge.However, the fund said it had lost out even higher returns, as it had reduced its hedging level from 40% to 25% in the belief that interest rates would rise in the mid-term. As a consequence of the adjustment, its funding based on market rates fell from 105.3% to 100.1% during the year. Its new and official policy funding level – the average coverage of the previous 12 months – stood at 101.4%, it said.Last year, the scheme’s board adjusted its strategic asset allocation by reducing the target weighting of credit (-2%), emerging market equity (-1%) and private equity (-1%) in favour of government bonds (+1%), residential mortgages (+1%) and US equity (+2%), while keeping its strategic interest hedge at 40%.PNO Media’s 50.8% fixed income portfolio returned 15.6%, with European AAA government paper generating more than 29%.Residential mortgages and European credit yielded 8.2% and 7.8% respectively, it said.Equity holdings, accounting for over a third of assets, delivered returns of 14.5%, with US stocks producing a 29.5% return. That said, the scheme indicated that it could not fully benefit from the performance of US equity and the rise of the dollar against the euro, as it had hedged 75% of the currency risk.Also mainly thanks to well-performing US markets, the pension fund’s property investments – chiefly in the residential and retail sector, through non-listed funds – returned 5.8%.PNO Media further said that it had decided to increase its investment volume for private equity, as the pay out of maturing projects started exceeding investments. The asset class returned 14.1%The scheme has been investing in private equity in co-operation with SPF Beheer, the asset manager of the €14bn railways scheme SPF, since 2001.The media pension fund made clear that it was looking into the options to widening its scope of pension plans, to encourage small companies with many young staff to join the industry-wide scheme.“We see growth potential in initially charging young workers a lower contribution than our standard average premium, which still would entitle them to a full rights accrual, because of their longer investment horizon,” explained Jeroen van der Put, director of investments at PNO Media.The scheme also said that it had renewed its contract with its provider MPD for an indefinite period, under the condition that MPD would keep on working exclusively for PNO Media. Meanwhile, it has housed its pensions bureau with the provider.“An exclusive relationship will enable the board to keep its focus amidst all changes in legislation and governance,” Van der Put said.PNO Media has 15,235 active participants, 32,655 deferred members and 9,045 pensioners affiliated with 449 employers.last_img read more

Nedlloyd scheme seeks collaborations with other pension funds

2020-09-29
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On: September 29, 2020
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first_imgThe €1.4bn Nedlloyd Pensioenfonds (NPF) is seeking collaborations with similar-sized schemes in order to drive down costs and further improve its services.NPF, the Dutch pension fund of shipping firm Maersk, wants to continue independently, at least for the time being, said director Frans Dooren.He said NPF had already conducted “exploratory” discussions at board or pension provision level with six pension funds.“We could, for example, jointly look for members of a supervisory board, which is also to become mandatory for company pension funds with assets of more than €1bn,” the director said. Currently, NPF uses a ‘visitation’ committee, which assesses the scheme annually.Other areas for potential collaboration included investment, board support, and actuarial or legal services, the pension fund said.Dooren stressed that NPF was in no hurry to strike deals and therefore didn’t aim at a merger with another scheme or participation in a general pension fund (APF). This is despite the Dutch regulator’s ongoing drive for consolidation among pension funds.“We could easily continue independently for five or 10 years,” he said.The large proportion of pensioners, combined with the scheme’s current funding ratio of 119%, would ensure sufficient solvency following a drop in liabilities, Dooren pointed out.Nedlloyd kicked off the search for collaborators last year, organising a roundtable meeting about co-operation with trustees of 15 pension funds. The meeting was jointly organised with asset manager Robeco, which implements NPF’s innovative individual pension arrangements.Two years ago, the Nedlloyd scheme won wide recognition within the sector for the introduction of a new defined contribution plan, which enables participants to switch from individual DC to the scheme’s collective pension plan at any age. With the new scheme, NPF was ahead of the legal arrangements which allow retiring participants to continue investing part of their pension assets.last_img read more

Unit sales heat up in Surfers

2020-09-28
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On: September 28, 2020
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first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:31Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:31 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels540p540p360p360p270p270pAutoA, 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 Rate1xFullscreenIs it a good time to list?02:31CANNES Waterfront Apartments project, in Surfers Paradise, was named the fastest selling new Gold Coast apartment project in the first quarter of 2020, with 61 of its 96 units sold in a three month sales rush.The Urbis Gold Coast Apartment Essentials Report found 265 new apartments were sold across the Coast between January and March with 41 per cent of sales in the Surfers Paradise catchment. Cannes Waterfront Apartments.The Gold Coast Central Precinct, which takes in Surfers Paradise, Broadbeach, Main Beach, Southport and Labrador, trumped all other precincts for price growth, with new apartments recording a $135,443 increase compared to the average sales price recorded in the fourth quarter of 2019.Sales at Cannes and a further 10 sales at its nearby Catalina project on Chevron Island gave developer Marquee Development Partners a 27 per cent market share of all new apartment sales on the Gold Coast. Cannes Waterfront Apartments.More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoBuyer demand has continued during COVID-19, with sales at Cannes since March bringing the project to more than 80 per cent sold, after 70 apartments sold for more than $54 million.Marquee Development Partners CEO Mark Spedding said the success of both Cannes and Catalina was attributed to the right mix of location, apartment product, pricing and amenity.Urbis senior consultant Lynda Campbell said buyers were favouring Surfers Paradise again due to the introduction of boutique high rise projects with larger apartments and premium amenities.Cannes Waterfront Apartments are priced from $564,900 to $2.55 million while apartments in Catalina on Chevron Island are priced from $569,000 to $1,119,900.last_img read more

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