Riemen: Brexit may force Dutch pensions industry to look to France

first_imgThe Dutch pensions industry could seek to increase ties with France should the UK decide to leave the European Union in June’s referendum.Speaking at an Institute for Pensions Education conference, Gerard Riemen, director of the Dutch Pensions Federation, said the Dutch pensions industry had cooperated with the UK on pensions issues often and that a vote for Brexit would be seen as a great loss.“The UK is a partner that thinks along the same lines we do,” he said.“They have a pension-fund sector with a lot of capital, like us.” He said the Dutch industry would lose a “close friend” in the event of a Brexit, and that it would need to reassess its relationship with other European pension systems.He said the Dutch pensions industry communicated regularly with Germany’s, “but, because pensions over there are largely paid from financial reserves, their system differs from the Dutch one”.“There is a reason,” he added, “why we have stepped up investing in our relationship with the French.”Riemen said the French, like the Dutch, valued risk-sharing and solidarity in pensions, although he acknowledged that, in France, these principles are implemented in the first pillar, not through capital funding.He noted, however, an increasing interest in France for capital-funded pensions, similar to those found in the Netherlands.Janwillem Bouma, chairman at PensionsEurope, said he would also like to see the UK remain within the EU.He cited the financial transaction tax, the IORP II Directive and plans for European solvency rules for pension funds as areas where the Netherlands and the UK would cooperate.A spokesman for the Dutch Pensions Federation also highlighted the European Market Infrastructure Regulation and the proposed Capital Markets Union as areas where the Dutch could work with the “influential” UK pensions sector. Riemen did not, however, rule out cooperating with the UK on pensions altogether, even if it did vote to leave the EU.“Non-EU members, such as the Swiss and the Norwegians, are also represented in Brussels, after all,” he said.last_img read more

Discounts For Veterans, Active Duty On Monday

first_imgBelterra Casino Resort will show their appreciation to veterans and active military personnel by offering a complimentary meal on Veterans Day.Those interested will have an option between breakfast, lunch or dinner on Monday. Military personnel will need to show their military or veteran ID card to the buffet cashier during normal business hours (7-11 a.m., 11:30 a.m.- 2 p.m., 5 p.m.- 9 p.m.).The Veterans of Foreign Wars, Post #3183 Batesville, will hold a free Bean Soup & Chili Dinner for veterans and their spouses on Veterans Day, Nov. 11 from 4:30 – 7:00 p.m.Wagner’s Village Inn in Oldenburg will offer a complimentary chicken dinner throughout Veterans Day.Chili’s in Greensburg will offer a free entree to veterans and active-duty military Nov. 11.Ponderosa Steakhouse in Greensburg will offer veterans and active duty military a free buffet between 5-9 p.m.Red Lobster, which has two western Cincinnati locations and a restaurant in Columbus, is offering veterans and active military a free appetizer Nov. 11-14. Golden Corral will also hold its annual free military appreciation dinner Nov. 11 from 4-9 p.m. to anyone who has severed in the military.last_img read more

Gosling fined over betting breach

first_img “Gosling, who requested a personal hearing, admitted multiple breaches of FA Rule E8(b) for misconduct in relation to betting.” Gosling’s offences appear to be the result of a misunderstanding of the rules governing betting. Rule E8(b) states a player “shall not bet, either directly or indirectly” on matches involving themselves or their team as well as the competition they play in or have played in. The breaches in question do not relate to games involving Newcastle or Blackpool, where Gosling spent three months on loan earlier this season. The former Everton player has made three appearances for the Magpies this season, all of them as a substitute, following his return from Bloomfield Road. Newcastle midfielder Dan Gosling has been fined £30,000 and warned as to his future conduct after breaching football betting rules. The 24-year-old was charged by the Football Association earlier this month and after admitting multiple offences, requested a personal hearing. An FA statement said: “Newcastle United’s Dan Gosling has been fined £30,000, subject to any appeal, and warned as to his future conduct following an independent regulatory commission hearing. center_img Press Associationlast_img read more

World’s oldest footballer scores goal in Egypt third tier

first_imgCairo: A 74-year-old man became the oldest footballer in the world to net a goal in an official tie for an Egyptian third-tier side.On Saturday, Ezzeldin Bahader scored on his debut and is seeking recognition as the world’s oldest professional footballer, and he can meet the Guinness World Records criteria of playing two official full-length matches when his club take to the field on Match 21 in their next Group Five fixture, an ESPNFC report said on Tuesday.Israeli goalkeeper Isaak Hayik, who represented FC Ironi Or Yehuda in April 2019 at 73, currently holds the record. Bahader was born on November 3, 1945.The attacking midfielder scored a penalty for his team as he skippered his new club to a 1-1 draw.“I became the oldest professional footballer scoring a goal in an official game,” the veteran told BBC Sport following his debut. “This is something that was achieved in the last minute of the game that I thought I wouldn’t achieve. I was injured and all that I hoped for was to continue for the full 90 minutes and play the next game.” IANSAlso Read: Egypt’s Zamalek Win CAF Confederation CupAlso Watch: Doul Govinda Temple agog as Holi beginslast_img read more

Fraternal centuries make for a special day for the Marshes

first_imgBy Nick MulvenneySYDNEY, (Reuters) – It was understandable the Australian batsman Shaun Marsh got a bit carried away when his little brother Mitchell scored his century on the fourth day of the fifth Ashes test against England on Sunday.It was not only that his sibling had been at the other end when he himself had reached the magic milestone at the Sydney Cricket Ground little more than an hour earlier.It was perhaps as much as anything because only a few months ago, it looked highly unlikely that either brother would be wearing the baggy green against England, let alone playing key roles in a crushing series triumph.Shaun, at 34 the elder by eight years, had been dumped from the test side for the seventh time and lost his central contract, while Mitch was struggling to find his way back into the international reckoning after a shoulder surgery.It made their moment on a scorching hot Sydney morning all the sweeter and Shaun got so carried away he nearly ran Mitchell out as they completed the two runs that gave the younger brother his second test ton only a few weeks after his first.“I pretty much went for the high five and Shaun went for the hug,” said Mitchell.“We somewhere parked in the middle and had a quick split second level of panic and hugged again after that.”Shaun was happy to take the blame.”I think emotions sort of got the better of me and I just wanted to give him a hug,“ he said. ”I saw him starting to celebrate and sort of lost all concept of where the ball was and what was happening with the ball.“Thankfully it all worked out. I was just really happy for him.”All-rounder Mitchell’s first Test hundred came after he was called into the team for the third Ashes clash in Perth and was a reward for the hard work he did on his batting after his recuperation from surgery.“To be honest I really didn’t think I was going to play any part for Australia this summer,” he said.“It’s been a whirlwind month for both of us really and we’re just both really happy to be here now and to be contributing to a winning Australian team.”Shaun’s recall for the series was his eighth and caused huge controversy, the selectors being vindicated when he scored an unbeaten 126 in Adelaide.“Six months ago I lost my contract and was left out of the Test team and didn’t know what the future held at this level,” he recalled.“I went away and wanted to just enjoy myself and when I did get picked again it was emotional.”Shaun’s 156 on Sunday was his sixth test century and, combined with Mitchell’s 101, helped put Australia in a strong position to claim a 4-0 series victory on the final day on Monday.Neither brother, though, was prepared to consider yet whether they might retain their places for the tour of South Africa later this year.“It’s been nice contributing to the team over the last few weeks and today,” said Shaun. “I’ll just keep working hard, keep enjoying it, and not look too far ahead.”last_img read more

USC fails to qualify for final match play

first_imgIt’s not often in college sports that a team gets to return to the scene of its greatest failure for a shot at redemption.But that’s exactly the opportunity the No. 17 USC men’s golf team got this week at the NCAA championship at Karsten Creek Golf Club in Stillwater, Okla.The Trojans placed last in a field of 15 at the same course in September, finishing 70 strokes out of the lead at the Ping/Golfweek Preview.Summer Trojan file photoUSC’s performance this week, while much improved, left the team six shots short of qualifying for the match play portion of the tournament and ended its season with a tie for 12th at 31-over-par (303-289-303).“It was a super challenging golf course,” USC coach Chris Zambri said. “They put a huge premium on driving the ball in the fairways. It was something we knew we had to work on throughout the year. We didn’t accomplish what we wanted to accomplish, which certainly was to get to the match play.”No. 8 Augusta State claimed its second straight national championship by defeating in-state rival No. 14 Georgia 3-2 in the match play final. LSU’s John Peterson won the individual title with a 5-under-par week.The Trojans’ improved play at Karsten Creek demonstrated their growth over the season. After failing to post a top-three finish in the year’s first six events, USC finished in the top-three in all five of its tournaments leading up the national championship. The Trojans also captured the program’s first Pac-10 team title since 2007.“We had that Pac-10 victory and we’ve been playing absolutely solid golf for the last three months,” junior Steve Lim said.Freshman Jeffrey Kang led the Trojans on the week with a tie for 20th individually, posting rounds of 72-73-75 to finish at 4-over-par for the tournament.“He did most everything pretty well,” Zambri said. “He bogeyed the last two holes or he could have had a top-15 finish, which would have been pretty special for a first year kid. But in the end he had a great performance for us.”Lim, the team’s most experienced player, recovered from a disappointing opening round 78 to post 72-75 and finish in a tie for 56th at 9-over-par.“It was championship time: You have to play well, but I wasn’t able to do it,” Lim said. “I actually played quite well the last two rounds. I turned my game around, but a little too late after a bad start.”Pac-10 individual champion, sophomore Martin Trainer, had posted four straight top-seven finishes coming into the event. He struggled in Oklahoma, however, shooting 75-75-76 and tying for 66th at 10-over-par.“I didn’t really play well the entire tournament to tell you the truth,” Trainer said. “I kind of struggled a lot with my ball striking. It was just a tough, tough course and we really needed to play well to make it and we just didn’t get it done.”Sophomore T.J. Vogel, a freshman All-American a season ago, finished a disappointing year with his worst score of the campaign — a final round 82 that included nine bogeys and two double bogeys. His total of 17-over-par (78-73 in the opening two rounds) earned him a tie for 113th.“I know he’s going to turn it around,” Zambri said about Vogel’s prospects for next season.Sophomore Sam Smith was disqualified from individual contention after signing for an incorrect score after his first round. His second round 71 was a big part of USC’s turnaround day, but he could only muster a 77 in the final round.After the tournament, Zambri and his players decided to focus on the team’s progress over the last three months and what promises to be an exciting 2011-2012 season.The incoming freshman — top-ranked junior golfer Anthony Paolucci and Daniel Lee — will add depth to the squad, while the returning Trojans have committed to a strenuous summer schedule of amateur golf events.“I feel like we’re going to be great next year,” Zambri said. “It’s not just that we’ve got five kids coming back that were starters, but some of them are playing the best golf they’ve ever played and really turned a big corner within the last couple months. If you throw in our two incoming freshman, one of which is the No. 1 player in the country, I think we’re going to have a fabulous year.”last_img read more

Gophers end Badgers’ Big Ten tourney run

first_imgSenior Marek Michalicka has an outside chance to make the NCAA singles individuals, but UW isn’t expecting to make the tournament as a team.[/media-credit]An emotional end to the Big Ten season leaves the Wisconsin men’s tennis team with little hope for a spot in the NCAA tournament.The Badgers started the weekend off looking very strong against No. 11 seed Penn State. They were able to knock them out in the first round with a 4-1 win. But their run ended with a 4-0 loss to third-seeded Minnesota Friday.The Gophers got off to an early lead by grabbing the doubles point. First to fall for UW was the No. 3 doubles pair of Ricardo Martin and Petr Satral. They were unable to withstand the aggressive play of the Gophers’ Tobias Wernet and Bendan Ruddock, as they lost 8-2. The Badgers’ top doubles team of Marek Michalicka and Billy Bertha brought things back to even with an 8-4 win over Phillip Arndt and Sebastian Gallego, but the fate of the doubles point was left up to freshman pair Rod Carey and Fredrik Ask. They were unable to get the win, giving the doubles point to Minnesota.“They are a team that jumps on you pretty quick,” Bertha said. “They scream and yell and have high energy. The hole we got in was too big, and we couldn’t dig out of it.”After the devastating doubles loss, the Badgers reconvened and decided not to go down without a fight.“Everyone was pretty upbeat after that, and we wanted to rally,” Bertha said.Unfortunately, the confidence boost wasn’t enough to stop the Gophers’ momentum. Five out of the six Badgers’ singles courts lost their first set, leaving Wisconsin with a huge deficit to make up. Carey was Wisconsin’s first singles loss, followed closely by Alex Robles, who lost 6-2, 6-4 to Julian Dehn. Bertha was the next Badger loss, which sealed the win for Minnesota and ended Wisconsin’s tournament run.“[Rok Bonin] played really well,” Bertha said. “He wasn’t missing many balls, and nothing I was doing was that effective.”Despite the loss, assistant coach Joe Bates was pleased with the team’s overall effort.“We were a little bit down and disappointed after doubles, but we raised our energy and we wanted to take that momentum into singles,” Bates said.Second-round play wouldn’t have been possible if it wasn’t for a successful first round. To get to Minnesota, the Badgers had to make it past Penn State for a second time this season.Wisconsin jumped out to an early lead by winning the doubles point from the No. 1 and No. 2 positions. First to finish were Michalicka and Bertha, with an 8-6 win over Eddie Bourchier and Russell Bader. When Bertha struggled from the net, Michalicka stepped up like a true senior and took over the match. Despite the early struggles, Bertha was able to close out the match with a sweeping last serving game ending in an ace. Ask and Carey got the win that earned the doubles point in a close victory over Jason Lee and Christopher Haysn.“I almost thought we were going to let it slip away from us, but Fred did a good job of keeping me focused so I give him a lot of credit for that,” Carey said.The Badgers kept the momentum from the doubles win going throughout the majority of their singles matches. Michalicka was the first of the singles players off the court with a 6-0, 6-3 win over Penn State’s Eddie Bourchier.“I tried to stay focused because once you get four, everything stops,” Michalicka said. “You want to stay on the court and focus on every point.”After his win, Michalicka watched hopefully from the sidelines as Ask and Satral followed in his footsteps, securing the dual win for Wisconsin and sending them into the next round. Satral defeated Bader 6-4, 6-4, and Ask finished off the day with a 6-3, 7-6 victory over Bryan Welnetz.The season-ending loss to Minnesota leaves the Badgers with little hope for a spot in the NCAA tournament as a team. However, the coaching staff is keeping their fingers crossed for some individuals.“We probably won’t make the tournament, but hopefully Marek will make the singles individuals,” Bates said.last_img read more

Syracuse avoids scare despite 11 points from Battle, Hughes

first_img Published on February 2, 2019 at 8:12 pm Contact Charlie: csdistur@syr.edu | @charliedisturco Comments PITTSBURGH — It was a rarity for Syracuse’s offense. Even without its two-best scorers, the Orange excelled against a strong Pittsburgh defense.Shot after shot, Tyus Battle and Elijah Hughes came up empty-handed. It didn’t matter whether it came from beyond the arc or on drives inside the paint. The ball continually clanked off the rim.But the Panthers had an opportunity to bounce back from a four-game losing streak, playing on their home court, where they’ve been much better this season. They struggled to create offense on Saturday night. Syracuse’s role players provided the spark as the Orange wouldn’t relinquish the lead they established nearly four minutes in. Despite an off night from Battle and Hughes, who combined to score just 11 points, Syracuse (16-6, 7-2 Atlantic Coast) cruised to a 65-56 win over Pittsburgh (12-10, 2-7) on the back of Oshae Brissett’s game-high 18 points inside Petersen Events Center.“I wouldn’t think we would survive a game where Tyus has four points,” SU head coach Jim Boeheim said. “He’s been so consistent for us all year long. He just couldn’t get the ball in the basket.”With the win, Syracuse has begun to separate itself from comparisons of last year’s team, specifically the narrative that the Orange consistently fail to win easy games on the road. After falling at then-No. 10 Virginia Tech a week ago, SU has responded with back-to-back wins over lesser foes Boston College and Pittsburgh.AdvertisementThis is placeholder textBattle did not score in the first half for the third time this season. Hughes made just one basket in the same frame. Battle’s first basket came nearly 29 minutes in, after he missed his first 10 shots. The Orange, however, continued to lead by double digits.Battle combatted struggles by playing in his newfound role as a point guard. He drove into the lane to open up shooters and found teammates. Buddy Boeheim nailed two 3s, and Frank Howard said that he’s had more room in part due to Battle’s driving. And when defenders didn’t collapse, sticking with the wings, Battle snuck the ball inside to Paschal Chukwu. Battle had five assists while Chukwu made all four of his first-half shots.Chukwu’s hot start, Boeheim said, led to Pittsburgh keying on the 7-foot-2 big man. That opened an opportunity for Brissett to step up and become the primary scorer.“He had eight points right away and then he was a non-factor after that,” Boeheim said of Chukwu. “Part of the reason is they stay with him and keep him blocked out, which gives Oshae a chance to drive.”Brissett shot a perfect 3 for 3 in the first half and grabbed seven rebounds. That offensive success carried into the second half, as the sophomore strung together his best game – shooting wise – in his career. He finished shooting 67 percent from the field, made 75 percent of his free throws and grabbed a game-high 12 rebounds.The turnaround from Brissett shooting-wise comes after Boeheim said his sophomore forward needed to “make a friggin’ layup” after the upset of then-No. 1 Duke. It was once an area he had been dominant in as a freshman but his efficiency changed drastically the year after.Before Saturday night, Brissett’s struggles largely came when he resorted to outside shots or looked for contact rather than maintaining control and finishing. The result was a poor field-goal percentage and constant criticism from Boeheim about his shot selection.Recently, however, Brissett knew his shots were not following and that he had been too caught up in drawing fouls. So he started to attack the rim, worrying about finishing first, he said. It started in a blowout loss to Virginia Tech, in a game filled with so many negatives. Brissett was a bright spot, shooting 6-for-13 from the field. The following game, against Boston College, he shot 67 percent inside the arc.“Just being comfortable around the basket,” Brissett said. “That’s my main focus right now.”The change in Brissett’s attacking mentality has given Syracuse yet another weapon to its arsenal. It has given Syracuse an inside presence that has been tumultuous due to Chukwu’s inconsistencies. But more importantly, it has given Syracuse the ability to rely on yet another player if Battle or Hughes struggles.“We are trying to look for (Brissett),” Battle said. “We thought we had a mismatch tonight. They are a lot smaller than us. So we just tried to get him the ball so he could attack, get some layups and get them to foul him.”By half, Battle and Hughes had combined to shoot 1-of-9 with just three total points. The rest of the Syracuse team had shot 75 percent from the field en route to a 35-22 lead over the Panthers.The second half cued a Pittsburgh comeback. The Orange regressed offensively, shooting 32 percent from the field and turning the ball over seven times. SU’s sloppiness allowed Pitt to push transition and consistently find an open Terrell Brown around the rim. The big man shot 7 for 11 and scored 14 points in the second half.As the Panthers chipped away at the lead, the stands began to shake. The fans clad in yellow “Oakland Zoo” shirts jumped up and down, screaming. After Brown’s putback fell through, the SU lead had been cut to just one possession.Syracuse had rarely been in this position all season. Never had the Orange led by double digits only to blow the lead and game. They were normally on the opposite end of comebacks, turning double-digit deficits against Georgetown, Notre Dame and Duke into wins.Battle’s first basket came at an optimal time. Nearly 29 minutes in, the junior guard drove into the paint and floated the ball in to give SU a seven-point lead. After a response by Brown, Frank Howard grabbed the ball on the left wing.Howard let go of a 3 as the SU bench joined him in watching the ball arc toward the net. He nailed it and celebrations ensued. A rare silence amid a Pittsburgh run ensued as Syracuse took an eight-point lead with under 10 minutes left. It began to start a trend where anything the Panthers threw at the Orange, there was an answer.Even if it wasn’t from Battle or Hughes.center_img Facebook Twitter Google+last_img read more

No slams, but Machado, Padres end Astros’ 8-game win streak

first_img First Published: 22nd August, 2020 10:37 IST LIVE TV Written By Manny Machado hit a pair of RBI singles and scored a run for the San Diego Padres, who beat Houston 4-3 Friday night to snap the Astros’ eight-game winning streak.The Padres won their fifth straight but failed to add on to their MLB record of hitting a grand slam in four straight games, which they accomplished in sweeping the Texas Rangers in a four-game, home-and-home series. Eric Hosmer, who had the historic fourth slam on Thursday night, batted with the bases loaded with two outs in the sixth against the Astros and grounded out.Machado had the third slam in the streak, a walkoff shot in the 10th inning for a 6-3 win Wednesday night.Machado singled home Hosmer in the first and singled in Trent Grisham in the two-run fifth, both off Lance McCullers Jr. (2-2). Hosmer and Grisham were both aboard on doubles.Machado scored from first on rookie Jake Cronenworth’s double in the fifth for a 4-1 lead. Cronenworth scored on Jurickson Profar’s sacrifice fly in the fourth.The Astros closed the gap against San Diego’s bullpen. Taylor Jones and Myles Straw hit consecutive doubles off Craig Stammen in the sixth and Kyle Tucker hit an RBI single with two out sin the seventh off Cal Quantrill.Javy Guerra (1-0) struck out three in 2 1/3 hitless innings for the win. Emilio Pagán pitched the ninth for his first save.Padres starter Garrett Richards lasted just two innings after throwing 64 pitches but managed to get out of a bases-loaded jam in each inning relatively unscathed.Richards allowed hits to the first three batters he faced, including an RBI single by Carlos Correa. He got two outs and then walked Kyle Tucker to load the bases before striking out Taylor Jones to end the first.Richards loaded the bases in the second with a single and two walks with one out before striking out Correa and Josh Reddick.McCullers gave up four runs and seven hits, struck out two and walked two.TRAINER’S ROOMPadres: Placed LHP Drew Pomeranz on the 10-day injured list with a strained left shoulder, retroactive to Wednesday. To take his spot, RHP Luis Perdomo was recalled from the alternate training site. Pomeranz’s injury is the latest for a bullpen that had been projected as the team’s major strength. Among the several injured relievers are closer Kirby Yates, out with an inflamed right elbow. Yates had an MLB-high 41 saves last year.UP NEXTAstros: RHP Brandon Bielak (3-0, 1.69 ERA) is scheduled to start Saturday night.Padres: RHP Zach Davies (3-2, 3.25) is set to go for the Padres.Image credits: AP WATCH US LIVE Associated Press Television News center_img SUBSCRIBE TO US COMMENT Last Updated: 22nd August, 2020 10:37 IST No Slams, But Machado, Padres End Astros’ 8-game Win Streak Manny Machado hit a pair of RBI singles and scored a run for the San Diego Padres, who beat Houston 4-3 Friday night to snap the Astros’ eight-game winning streak FOLLOW USlast_img read more