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first_imgGermany’s pension fund association, the aba, has called for national or European bodies to support the industry’s investment in infrastructure by assessing the risk associated with individual projects.Responding to a report by the European Parliament’s committee on economic and monetary affairs (ECON) report examining the long-term financing of the Continent’s economy, the association said that bodies such as the European Investment Bank (EIB) could potentially support Germany’s occupational pensions (bAV) sector, as they so far had little experience of infrastructure investment and were unlikely to become experts in the “niche area” in the near term.The position paper said: “The new assets in the field of long-term investment require more credit analysis and greater credit-analysis skills than existing assets, such as low-risk securities.”Echoing PensionEurope’s own position paper on European Long-Term Investment Funds (ELTIF), the aba also said it would be helpful if the EIB stepped in and guaranteed certain projects. The call comes shortly after asset manager Mirova suggested that fund managers behind ELTIFs should be bound by a ‘comply or explain’ approach on their socially responsible investment strategy.The aba further called on the Parliament to accept that, if the European Commission were to introduce capital requirements for pension funds – as long proposed through the revised IORP Directive – it should also call for an investigation into the impact of the regulation on long-term investing, similar to the one underway to investigate the impact of Solvency II on insurers.The association also reiterated its dislike of the financial transaction tax, saying it “should be avoided for the bAV sector in general – and not only in regard to long-term investments”.“Reductions in the pensions payable in Germany of an estimated 3-8% as a result of the introduction of the proposed financial transaction tax are not acceptable,” it said.,WebsitesWe are not responsible for the content of external sitesLink to the aba’s position paper on long-term financing of the European economylast_img read more

first_imgVITAS Healthcare, the nation’s leading provider of end-of-life care, has contributed $5,000 in sponsorship to support the efforts of Friends of Good Shepherd International in opening The Good Shepherd Medical Centre in Montego Bay, Jamaica.The medical complex, scheduled to open on June 6, 2018, expects to serve thousands of the island’s impoverished citizens through various healthcare and dental services for adults, elderly and children. VITAS’ support will be recognized by an honorary plaque naming one of the center’s rooms.“As VITAS employees, we are proud to make a difference every day through serving others,” says Donna Borland, general manager of VITAS Healthcare in Broward County. “Our staff have a commendable spirit of compassion and love for the children and adults in Jamaica. We are proud to partner with Friends of Good Shepherd to support this much-needed healthcare facility for Jamaica’s indigent communities, where no one is turned away.”During a mission trip in 2014, VITAS staff dedicated service, time and expertise to Montego Bay communities, including fundraising efforts to purchase washing machines and medical supplies. Today, VITAS Healthcare of Broward, Dade and Palm Beach continue to send donations of food, clothing and supplies to support Friends of Good Shepherd.For more information about VITAS services, call 1.877.848.2701 or visit VITAS.com.last_img read more

first_imgOnly two playoff spots for 2020, one in the AFC and one in the NFC, were open for the taking when the NFL’s final week of the regular season arrived. They were snagged by the Titans and Eagles hours before the 49ers beat the Seahawks on “Sunday Night Football” in incredible fashion to clinch the NFC West and complete the NFL playoff bracket for 2020.The final playoff standings based on the Week 17 results also bring a surprising postseason matchup in the AFC. The Patriots were upset by the Dolphins to close the regular season, and that loss, coupled with the Chiefs’ win over the Chargers, dropped New England to the No. 3 seed, out of position for a first-round bye. Now the Patriots have to play on wild-card weekend, when they will host the Titans. The Saints had a chance to clinch the No. 1 seed and/or a first-round bye in the playoffs entering Week 17, but even though they took care of their business against the Panthers, wins by the 49ers and Packers prevented a New Orleans jump. Now the Vikings will have to play their wild-card game in the Superdome.4. Philadelphia Eagles vs. 5. Seattle SeahawksThis will be a matchup of two relentless teams led by MVP-caliber quarterbacks, a formula for a dandy of a wild-card game even though the Eagles limped into the playoffs with their Week 17 win over the Giants. For all the injuries Philadelphia has dealt with this season, its playoff visitor is short on personnel at key positions, too. (SN Illustration) https://images.daznservices.com/di/library/sporting_news/d9/5/nfl-playoff-bracket-122919-ftr_18s8qw5w48zni1rvgnrljrc017.png?t=1427033207&w=500&quality=80 MORE NFL:Playoff picture analysis | 2020 NFL Draft orderSpeaking of teams entering the playoffs in an unfavorable position, because the Saints are stuck in the No. 3 seed despite their 13-3 record, the Vikings will have to play their wild-card game in New Orleans.Below is the full NFL playoff bracket for 2020, plus a quick overview of the wild-card matchups.NFL playoff bracket 2020 Who’s in the NFL playoffs 2020?Though the seeding in the NFC was not settled until the 49ers beat the Seahawks on Sunday night to close the regular season, the field of 12 playoff teams was determined earlier in Week 17 when the Eagles clinched the final playoff spot.With their win over the Texans in Week 17, the Titans earned the sixth and final playoff spot in the AFC over the Steelers and Raiders, both of whom lost to close the season.Below is the full NFL playoff field for 2020.AFC standingsSeedTeamRecord1.Baltimore Ravens14-22.Kansas City Chiefs12-43.New England Patriots12-44.Houston Texans10-65.Buffalo Bills10-66.Tennessee Titans9-7Eliminated: Steelers (8-8), Raiders (7-9), Colts (7-7); Jets (7-9); Broncos (7-9); Browns (6-10); Jaguars (6-10); Chargers (5-11); Dolphins (5-11); Bengals (2-14)NFC standingsSeedTeamRecord1.San Francisco 49ers13-32.Green Bay Packers13-33.New Orleans Saints13-34.Philadelphia Eagles9-75.Seattle Seahawks11-56.Minnesota Vikings10-6Eliminated: Rams (9-7); Cowboys (8-8); Bears (8-8); Buccaneers (7-9); Falcons (7-9); Cardinals (5-10-1); Panthers (5-11); Giants (4-12); Lions (3-12-1); Redskins (3-13)AFC playoff matchups1. Baltimore Ravens (first-round bye)2. Kansas City Chiefs (first-round bye)3. New England Patriots vs. 6. Tennessee TitansNew England’s loss to the Miami in Week 17, coupled with Kansas City’s win over the Los Angeles Chargers, denied the Patriots the comfort of a first-round bye in the AFC playoffs. They’ll play their wild-card game at home against the Titans, who sneaked into the playoffs with their Week 17 win over the Texans.4. Houston Texans vs. 5. Buffalo BillsHouston became locked into this seed before it even took the field against Tennessee in Week 17, and Buffalo has been locked into the No. 5 spot since Week 16. This should be a closely contested wild-card game in Houston, with Deshaun Watson facing the Bills’ stingy defense.NFC playoff matchups1. San Francisco 49ers (first-round bye)2. Green Bay Packers (first-round bye)3. New Orleans Saints vs. 6. Minnesota Vikingslast_img read more

first_imgDemocratic presidential candidate Cory Booker is in Iowa on this Thanksgiving Eve to help prepare and serve lunch at a homeless shelter and host a discussion about building a supportive community in a diverse Des Moines neighborhood.Booker, a U.S. Senator from New Jersey, said it’s about showing the kind of values he’d bring to the White House and being thankful for his lot in life.“I have a definition of faith that says when you come to the end of all the light you know and you’re about to step into the darkness of a new challenge, faith is knowing that one of two things that will happen,” Booker told Radio Iowa. “Either you’ll find solid ground underneath you or the universe will send you people that will help you fly.”Booker had a surge of campaign contributions after his appearance in last week’s televised debate. He’s now spending money on campaign ads here, in hopes of boosting his standing in public opinion polls — so he can qualify to participate in the next candidate debate in December.“On the metrics that matter in Iowa — from local leaders endorsing us, the quality of our team, even being in recent polls about number three in net favorability — we’ve got the kind of ingredients to win in the Caucuses,” Booker said, “but the way the debate stage is set up, it’s about polling.”Booker’s campaign manager has said the radio ads and digital ads on social media are about turning “curiosity” about Booker into support in the polls.“When you see in Iowa TV commercials from everybody from Tom Steyer to Mayor Pete, they’re lifting up their polling numbers with those persuasive ads,” Booker said, “and we’ve got to start investing in some of that as well to make sure people know who I am and get them even more interested in my candidacy.”last_img read more