Denmark’s JØP, DIP to seek full merger in 2-3 years

first_imgP+ was officially set up in July 2015 as the joint administration company for the two pension funds.However, the two have remained independent pension funds.Kolbye Sørensen said the formal decision to merge will take place at a later AGM of the two pension funds’ members.“And it is important to underline that a merger will only take place if the members of the two existing pension funds decide to implement the merger,” he said.“We find that there are a number of benefits that we still have the possibility of achieving – both on the cost side and also on the customer side,” he said.He added that it was the leadership’s job to illustrate the potential benefits to the pension funds’ members over the coming months and into 2018.Asked if it was possible that the merged pension fund would then take on business from other smaller pension funds in the future, Kolbye Sørensen said: “One step at time.”He said: “If the members agree and we succeed in completing the merger, we would potentially be open for further cooperation with other partners.“But this is for the future and the board to decide and that is not in the front of peoples’ minds now.”Last summer, the Danish pension fund for doctors, Lægernes Pension, said it would not merge investment operations with those of DIP and JØP, because the differences in processes were too significant.The pension fund had hired an external consultancy to find out whether it made sense to merge its investment the two professional sector funds. The leadership of two Danish pension funds are seeking a full merger within three years, according to schemes’ joint management head.JØP, which covers lawyers and economists, and DIP, which provides pensions for engineers, want to extend their current close cooperation over investment as well as administration.Søren Kolbye Sørensen, chief executive of P+, the joint administration company that runs the two pension funds, told IPE: “We are intending to inform the members that the boards are working on this project with the aim of achieving a full merger within two or maybe three years.”JØP and DIP, which manage DKK95bn between them, have been moving closer together in terms of their investment operations and administrative activities for several years, in pursuit of — among other things — cost savings and increased efficiency through economies of scale.last_img read more

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Coomera Waters house a boatie’s haven

first_img Address: 2 Kurrewa Lane, Coomera Waters OTHER NEWS: HAMPTONS HOUSE HITS THE MARK 2 Kurrewa Lane, Coomera Waters. All three lounge areas overlook the outdoor entertainment area, deck, pool and waterfront. The kitchen looks out to the water and features modern Bosch appliances, a walk-in pantry and combined butler’s pantry/laundry.The main bedroom has its own private lounge and balcony overlooking the water as well as a large dressing room and ensuite. More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago2 Kurrewa Lane, Coomera Waters. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, 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 Rate1xFullscreenWhy location is everything in real estate01:59 2 Kurrewa Lane, Coomera Waters. 2 Kurrewa Lane, Coomera Waters. ON THE MARKETcenter_img 2 Kurrewa Lane, Coomera Waters. Angela and Edward Gifford bought the property in 2007.The self-confessed boaties fell in love with the area from the moment they discovered it.“Coomera Waters is a little hidden gem, it’s the best kept secret,” Mrs Gifford said.In the house, there are plenty of areas to unwind, including two formal lounges downstairs and a third upstairs off the main bedroom. 2 Kurrewa Lane, Coomera Waters. Agent: Jean Cain, @realty Features: Timber flooring, porcelain tiles, pool, pontoon Area: 553sq m Price: $1.397 million Inspections: By appointment Soak up the view at 2 Kurrewa Lane, Coomera Waters.THIS Coomera Waters house makes the most of its stunning waterfront outlook.The five-bedroom, triple garage residence features an open-plan design to maximise the views from both the ground and second level. OTHER NEWS: THE SUBURBS THAT HAVE BECOME PROPERTY GOLDMINES This was Mrs Gifford’s favourite part of the house while Dr Gifford loved to spend time on the deck with a glass of wine watching the boats. The house also has a private and easily accessible pontoon for boats up to 16m (55ft), including catamarans, and gives boaties bridge free access to the Broadwater and ocean. last_img read more

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EnBW Shows Interest in New Hampshire Offshore Wind

first_imgEnBW North America has signaled its interest to develop offshore wind in the U.S. state of New Hampshire by becoming the member of Clean Energy NH (CENH).According to CENH, EnBW represents the first offshore wind industry member in the organization’s portfolio.“EnBW North America is excited to partner with Clean Energy New Hampshire – the Granite State’s premier private sector clean energy network – to explore the role offshore wind power can play in generating affordable clean energy in New Hampshire,” EnBW North America Managing Director Bill White said.“We are encouraged by the keen interest Governor Sununu and the New Hampshire Legislature have shown in examining the potential for developing wind power off of the New Hampshire coast, and we’re eager to bring to this conversation our expertise as an experienced offshore wind developer.”In January, New Hampshire Governor Christopher T. Sununu requested the Bureau of Ocean Energy Management (BOEM) to establish an intergovernmental offshore renewable energy task force for the state.The purpose of the task force would be to facilitate coordination and consultation among federal, state and local governments on renewable energy commercial leasing proposals in federal waters off the coast of New Hampshire.“Clean Energy NH is thrilled to welcome EnBW to our membership,” said Michael Behrmann, CENH’s Director of Business Development.“The company’s experience in this exciting, rapidly growing industry is an asset for New Hampshire, and we look forward to fully supporting both the company’s entrance into the New England market and the Granite State’s exploration of the tremendous benefits that a thriving offshore wind industry can provide.”last_img read more

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Unpaid Debt Forces Two Greensburg Businesses To Close

first_imgA tiger at an exotic zoo in Greensburg. (Image: Stapps Circle S Ranch)Financial issues have forced two local businesses to close its doors.Custom Conveyor and Stapp’s Circle S Ranch on S.R. 46 will close, according to the Greensburg Daily News.James Stapp, who owns the zoo and business, attributed the closure to a customer who has not paid a million dollar debt.Custom Conveyor installs conveyor systems around the world, including in factories such as Honda in Greensburg, Chrysler and Peterbilt. Stapp, 69, has owned the business for 33 years and currently employs approximately 20 people.More than 100 people used to work at the company.The exotic zoo located next door is partially funded by Custom Conveyor. The zoo has been in business for the past 15 years with exotic sheep, bison bears and longhorn cattle.No word on when the businesses will be closed, but the zoo does remain open Monday- Sunday.Stapp’s Chircle S Ranch is located at 4858 S.R. 46.last_img read more

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ORVC Weekly Reports

first_imgThe ORVC Weekly Reports.January 26-31.Players of the Week.Girls Basketball:  Lucy Carrigan-Rising Sun.Boys Basketball:  Kyle Meyer-Milan.ORVC Report (January 26-31)February 2-7.Players of the Week.Girls Basketball:  Grace Herzog-Milan.Boys Basketball:  Brady Meyer-South Ripley.ORVC Report (February 2-7)Courtesy of ORVC Recorder Travis Calvert.last_img

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Wilma L. Sherman

first_imgWilma Louise (Woodruff-Abplanalp) Sherman, 76, of Rising Sun, Indiana, passed away Monday, April 10, 2017 in Dearborn County Hospital, Lawrenceburg, Indiana.She was born February 8, 1941 in Switzerland County, Indiana, daughter of the late Wilford Woodruff and Viola (Mitchell) Woodruff.Wilma stripped tobacco, worked at the shoe factory, the nursing home and the tomato factory. She was a member of the Moose Lodge of Aurora, Indiana. She loved to play BINGO, going to the boat and going for joy rides. She collected angels and dolls. She loved Christmas spent with family, especially her grandchildren.Wilma will be sadly missed by her brother, George “Porgy” (Lucille) Woodruff of Markland, IN; sons, Marlin (Margie) Abplanalp of Patriot, IN, Mark (Cheryl) Abplanalp of Rising Sun, IN, Jeffery Powers of Rising Sun, IN; her daughters, Sharon (Steve) Turner of Patriot, IN, Carrie (Michael) Dowd of Cameron, LA., Charlotte (Bobby) Dews of East Enterprise, IN., 16 grandchildren and 27 great grandchildren.She was preceded in death by her parents; husbands, Carl Abplanalp, Vernon Powers and Ernie Sherman, children, Pamela Dews and Harry Abplanalp, siblings, Louie Woodruff, Wilford Woodruff, Johnny Mac Woodruff,Linda Richards and Wanda Johns.Friends will be received Thursday, April 13, 2017, 5:00 pm – 8:00 pm at the Rullman Hunger Funeral Home, 219 Mechanic Street, Aurora, Indiana.Services will be held at the Funeral Home, Friday, April 14, 2017 at 11:00 am with Pastor Jim Jenkins officiating.Interment will follow in the Wilmington Cemetery, Aurora, Indiana.Contributions may be made to defray funeral expenses or Aurora Fire Department. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Visit: www.rullmans.comlast_img read more

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Martinez not worried about Barkley

first_img The 21-year-old has failed to regain the sparkling form of last season, a tour de force playing behind the striker. He has regularly found himself shunted out to the left of midfield in the current campaign and while that may have contributed to his dip in performance, Martinez has full faith in the player’s ability to bounce back. Press Association Everton manager Roberto Martinez admits Ross Barkley has to improve his decision-making but the form of the midfielder is the least of his worries at the moment. “As young player you keep developing and growing and the thing I admire about Ross is that he will never shy away from the ball,” said the Spaniard. “He had a couple of situations against West Ham (in Tuesday’s 1-1 FA Cup draw) where he gave the ball away and he quickly wanted to get it back and that is what pleases me. “I think Ross Barkley is a phenomenal talent but he is still a young man and is still learning and he needs to get through certain periods where he can make decisions in a better way. “But he is a reliable character and is someone who will be positive in the squad whether he is having a good or a bad game. “When you have that personality and character you will get into a point when your talent will shine. “Ross Barkley is the least of my worries.” Barkley was such a threat last season that teams are now paying him special attention. While that may have restricted his ability to influence games as much as he did, Martinez believes his team have to take advantage of this in other ways. “Last year he was a young player enjoying his football; this season he is Ross Barkley and that brings a completely different approach from the opposition,” he added. “That means it is harder to find space, it is harder to get into positions where you can affect the game and that is something when you overcome it, it becomes an advantage. “He is still getting through that process so I don’t see it as being clear-cut in terms of how effective he was last season and not that effective this season. “He is evolving, he is becoming stronger and better and his tactical awareness is improving all the time. “What we have to remember is when Ross Barkley is on the pitch the opposition use two players against him and somone else should be free elsewhere and we need to use that. “We are a flexible team in that respect and it has always been a strength of ours and we will carry on doing it.” Barkley was a mixture of brilliant and disappointing against West Ham in midweek, which saw Romelu Lukaku snatch an added-time equaliser to earn a replay. The Belgium striker said afterwards the players had asked Martinez to be slightly more direct but the manager dismissed suggestions a dressing room delegation persuaded him to alter his style. “I am always talking with the players and we try to prepare from game to game,” said the Everton boss. “We always share a lot of information but it has come out in a way that (suggested) it was a one-off meeting and we had never spoken before. “It was a normal approach. We need to use players in specific ways from game to game so you can get a better performance and I thought against West Ham Rom had a very effective game.” With just one win in 10 matches there have been suggestions of unrest behind the scenes but Martinez rejected that. “I am sure from the outside you are always going to try to find answers – if anything that has made us even stronger and made us a little bit more focused on what we are and what we want to achieve. “The clear assessment you can make of the squad is it is stronger than ever, focused and we have a real competitive edge about us and we are desperate to be involved in games to kick-start our season. “The winning mentality that I always felt was in the group was strong and now it is just getting back to a simple approach, which is just the next game and making sure we can perform in a manner which can start a real good run of performances.” last_img read more

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“The Rock” Ties the Knot

first_imgThe newlyweds have been together for 12 years and share daughters Jasmine, three, and Tia, one. Johnson also has an 18 year old daughter from a previous marriage. Dwayne “The Rock” Johnson has finally gotten hitched to his longtime girlfriend, Lauren Hashian. The 47-year-old actor took to Instagram early this morning to share the news with his fans that he’d walked down the aisle the previous day in Hawaii. For the big day, the Jungle Cruise star wore white pants, a semi-sheer white shirt and embracing Hawaiian tradition, accessorized with two draped leis. The singer/songwriter/music producer bride wore a white lace-covered gown complete with a long veil. And they’re hitched! @TheRock and #LaurenHashian just got married in a gorgeous dreamy wedding pic.twitter.com/n9Kw7JsJ6S— ETimes (@etimes) August 19, 2019last_img read more

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DaSilva, Cariah silence Scorpions

first_img(CMC) – JOSHUA DaSilva stroked a maiden first-class hundred and Yannic Cariah his fourth, as Trinidad and Tobago Red Force batsmen dominated Jamaica Scorpions on day two of their first-round match in the Regional Four-Day Championship here yesterday.The 21-year-old DaSilva top-scored with an unbeaten 113 while Cariah, 27, struck exactly 100 not out – two innings that helped fire the hosts to a massive 460 for four declared in their first innings at the Brian Lara Stadium.Off-spinner Bryan Charles then snatched two wickets as Scorpions stumbled before recovering to reach the close on 94 for three, with Paul Palmer unbeaten on 31 and West Indies limited overs star Rovman Powell on 25 not out.Scorpions trail by 366 runs heading into torday’s day three.The day, however, belonged to DaSilva and Cariah, especially after captain Darren Bravo added only 16 to his overnight 50, to dash hopes of a century for the elegant left-hander.Overall, he faced 166 deliveries in a shade under four hours and counted five fours and two sixes, extending his fourth-wicket stand with DaSilva to 86, after Red Force resumed the day on 241 for three.With the score on 300, however, he played across a full-length delivery on leg stump from seamer Derval Green, who was Scorpions’ best bowler with two for 97, and was adjudged lbw.There was no further success for Scorpions as Red Force were then carried by a superb unbroken fifth-wicket stand of 160 between DaSilva and Cariah.In only his ninth first-class outing, the right-handed DaSilva faced 211 deliveries in just over five hours and struck eight fours and six.Meanwhile, Cariah carved out seven fours and two sixes in a knock requiring only 135 balls in just over 2½ hours.Needing a strong reply, Scorpions were handed a decent start of 32 from captain and Test opener John Campbell (16) and Assad Fudadin (9) before Charles intervened.He first trapped Campbell lbw, five balls after Fudadin perished at the hands of fast bowler Terrance Hinds, and then returned to bowl Test batsman Jermaine Blackwood for six.Tottering on 53 for three, Scorpions were stabilised by Palmer and Powell who have so far put on 41 in an unbroken fourth-wicket partnership.last_img read more

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TRACK : SU’s long-distance runners look for strong showing at Big East meet

first_img Comments Tito Medrano just missed qualifying for the NCAA Outdoor Championship last year. Medrano finished 13th at regionals — one spot short of the 12th-place finish he needed.‘I was pretty upset at myself. Not at the coaches. Just upset with myself. Thinking about what I could have done here and there to become better and better prepared,’ said Medrano, a junior. ‘With that idea in my head and memory still fresh, I’ve got nothing but motivation.’This year, one spot short is not good enough. With the loss still fresh in Medrano’s mind, he and the rest of the Syracuse distance team is looking to wrap up its season on a high note at the Big East championship this weekend. The team is hoping for a strong showing in Villanova, Pa., to set the tone for the IC4A/ECAC the following weekend.Twenty-two long-distance runners have qualified for the Big East and 18 long-distance runners have qualified for the IC4A/ECAC. Syracuse has a solid number of athletes qualified for the tournaments, especially considering its slow start to the season.The Orange failed to reach top form early in the season as it struggled to transition from the indoor season to the outdoor one.AdvertisementThis is placeholder textSenior Steve Weeks said no one was running up to his or her potential, calling the early-season slump ‘frustrating.’ He said the rough patch could have been a product of anything from running too far to not running far enough.But since that stretch, the team has seemed to hit its stride. For Weeks, it all comes down to rolling with the punches.‘That’s the part of the game,’ Weeks said. ‘You’ve got to figure it out and figure out what’s wrong and how to fix it. Everybody seems to be doing a really good job of that.’And after most of the team had last weekend off from competition, the men’s team feels refreshed and ready for this weekend. In addressing his team before practice Monday afternoon, head coach Chris Fox said Saturday’s practice was one of SU’s best this season.‘It was important to have the week off,’ Fox said. ‘It was important to have that good practice because we haven’t been quite as happy with how we’ve been running, and I think we turned a big corner by having the week off and having that good practice.’While the men have had an up-and-down outdoor season, the women have shown more signs of consistency.Junior Lauren Penney said the women’s team started the season strong. Many runners have set personal records.The women’s team wants to continue that success at Big East, which serves as a tune-up for regionals. Penney said the team carries a championship mentality into Big Easts, with a focus on running strategically and focusing on placing.Big East is just a steppingstone to what matters the most — regionals and the chance to compete in the NCAA Outdoor Championship.‘It really comes down to that day,’ Penney said. ‘You have to be on that day at regionals in order to place in the top 12 and make it to nationals.’Senior Katie Hursey said the Big East is more of a team meet, but regionals is focused more on individual performance.Fox believes a fair amount of women’s long-distance runners can reach nationals. On the men’s side, Fox said Medrano and Pat Dupont have a very real shot as well.‘Hopefully it’s the most distance runners we’ve ever taken to nationals,’ Fox said.As for Medrano, he’s waited all year to get back to regionals, where victory was within reach a year ago. Fox said he’s noticed Medrano’s drive to make sure he doesn’t fall short again.‘I think he’s been motivated all year because of that,’ Fox said. ‘I know he was really frustrated last year about missing it by one spot. He certainly is a guy that if things go right will make it.‘Making nationals is a big deal for these guys.’dgproppe@syr.edu Facebook Twitter Google+center_img Published on May 2, 2011 at 12:00 pmlast_img read more

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