first_imgHe said that, ultimately, it was the social partners who had to decide what kind of system they wanted.“It is the social partners who have to decide what they want, and it is for me to do the job,” he said.“We need automatic enrolment, and the approach should be a combination [of voluntary and compulsory contributions], but total freedom will not be a solution.”Trish Curry, meanwhile, regional head of AustralianSuper in the UK, described the Australian superannuation system, which is compulsory.“A compulsory system gets everyone in the game, and that’s what we’ve seen,” she said.“The key is to be in the system, and you see your pot growing, and that creates engagement, and that’s what we want.”Theo Kocken, chief executive and founder of consultancy Cardano in the Netherlands, showed a film of a behavioural experiment on monkeys.This demonstrated how a scenario where the animals were given less than promised caused disproportionate aversion to that particular provider.The monkeys’ observed behaviour explained why the many changes in the Dutch pension system had given people the sense that they had lost out, Kocken said, arguing that, psychologically, people were more emotional about their losses – and therefore remembered them more keenly – than they were about their gains.“Everything in life is psychological, and we have to avoid in the pension system that we build in too much of this anger and these negative feelings,” he said.On the question posed by the poll about compulsion in a DC system, Kocken said a perfect solution would be the auto-enrolment system of the UK combined with the mandatory system of the Netherlands.“As long as it’s not too complex,” he said. “I’m fed up with all these complex systems that, in the end, lead to all this political debate that we have in the Netherlands.” Attendees at a pensions panel discussion were split on whether it was preferable for a successful defined contribution (DC) system to involve full compulsion or whether it should be an auto-enrolment system with the possibility of opting out – but narrowly favoured full compulsion.In a poll conducted among audience members at a discussion at the 2016 IPE Conference & Awards in Berlin, 39.2% said full compulsion was the preferable method, while 37.8% indicated that auto-enrolment with opt-out would be better.Just 4% of people at the panel talk, entitled ‘Defined Contribution: Building a future-proof pension system’, chose voluntary enrolment with no compulsion, and 18.9% advocated collective enrolment through labour agreements as the preferable system. Speaking on the panel, Heribert Karch, chief executive of Germany’s MetallRente pension scheme, described the path second-pillar pensions provision had taken in Germany since the Riester reform of 2001, to the current point where he said the system was “hopefully” at the starting point of the social partnership model, where social partners are involved.last_img read more


first_imgThe Paddington house Graya Constuction bought and transformed before selling to Alison Ariotti. Television presenter Alison Ariotti with husband Gerry and their two daughters at their home in Bardon.They are currently rebuilding another old home in Paddington for former Wallabies great Stephen Moore and his family.The median house price in Paddington is $1.11 million, according to CoreLogic. The property is just around the corner from Rosalie Village.There are no photos of the inside of the house.Records show the property last sold for $525,000 in 2012.The two-bedroom house, with a study, has just been listed for rent for $450 a week, until Graya Construction can start work on it. Graya Construction took to social media to announce they had bought the property at 192 Baroona Rd, Paddington.More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours agoThe circa 1920 cottage was marketed by Belle Property as being a “good old fashioned renovator” with a north facing position and city views, just around the corner from Rosalie Village. POWER COUPLE SLASH $3M OFF WATERFRONT MANSION An artist’s impression of the house Graya Construction is building for former Wallabies skipper Stephen Moore. Graya Construction has bought a property on Baroona Road in Paddington with city views.The builders took to Instagram to announce their most recent purchase to their 32.5 thousand followers and declare the property as their next project. UNLISTED HOME SETS NEW RECORD Former Wallabies great Stephen Moore bought this house in Howard St, Paddington, which is being transformed by Graya Construction into a dream home. Brothers Rob (left) and Andrew Gray of Graya Construction. Picture :AAP/David Clark.The company has been busy transforming a number of rundown homes in prime locations in the inner-city suburbs of Paddington and Bardon in recent years, including the home of television presenter Alison Ariotti. SOCCEROO SETTLES ON GOLD COAST BEAUTY Graya Construction has bought this tiny cottage at 192 Baroona Rd, Paddington.A DUMP on stumps in one of Brisbane’s best suburbs has sold at auction for almost $200,000 more than the city’s median house price.The brothers behind Graya Construction have paid $715,000 for a tiny, rundown house on 405 sqm at 192 Baroona Road, Paddington. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE last_img read more


first_imgThe four-bedroom properties were recently completed. The auction is scheduled for June 15.“We wanted to showcase what we are all about for future client work and also produce something that is very unique and custom that somebody will be lucky enough to purchase,” he said. “It wasn’t all about the developer’s margin. We spent money where we didn’t need to, to showcase what we can do.“We do one-off builds that are high-end quality with custom features — we designed our own front doors and balustrades for this project.” The two properties at 20A and 20B Albion Ave, Miami, are scheduled for auction on June 15 at 1pm. Ray White Broadbeach Agents Connor Malan (surfboard) and Troy Fitzgerald (snowboard) with developer Nick Makin who are ready to give away two holidays to the lucky buyers of these Miami properties. Picture: Jerad WilliamsBuying a property can be stressful, with a holiday often needed by the end of the process.One Gold Coast developer wants to alleviate that pressure by giving away a free holiday for the buyers of his Miami duplex. The two, four-bedroom pads will head under the hammer next month and the successful buyers will not only receive the keys but also a $5000 getaway. Luxury finishes are showcased throughout.The pair of properties feature open-plan designs with double-height ceilings in the main living areas, ­neutral-tone interiors, luxury finishes and an eye-catching white ­facade. Builder and developer Nick Makin, of Makin Construction, said he hoped the holidays would create hype and competition come auction day. He said the Albion Ave project was more about showcasing his company’s skills rather than making a profit. The buyers of 20A & 20B Albion Ave, Miami, will get a free holiday worth $5000.Ray White Broadbeach agent Troy Fitzgerald, who is marketing the property with Conner Malan, said one of the homes would come with a winter adventure, the other a summer escape. “For the winter holiday we are thinking New Zealand or Japan where they can go to the snow and for the summer one, Bali or Thailand,” Mr Fitzgerald said. “It was the builder’s idea — something outside the box. “There are so many new developments that come to the market between the Gold Coast and Brisbane and real estate is getting to that point now where you have to be outside the box with marketing and draw some attention to it.” MORE NEWS: How the looming election is affecting the market More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago MORE NEWS: Restaurateur’s old digs dished up to the market last_img read more


first_imgILOILO City – Police arrested a man whoowns an unlicensed firearm in Barangay Esperanza, Culasi, Antique. Eraga’s apprehension came after theCulasi police responded to the information provided by barangay officials, whosaw Eraga carrying a .38-caliber revolver and threatening other residentsaround 9:30 p.m. on Friday. He was identified as 25-year-old LeonardEraga of Barangay Condez, Culasi, a police report showed. center_img The suspect was detained in the lockupcell of the municipal police station, facing charges for violation of RepublicAct 10591, or the Comprehensive Firearms and Ammunition Regulation Act./PNlast_img read more


first_imgArsenal have set their price for Brentford target, Folarin Balogun. According to Sky Sports Arsenal had informed Brentford they want £8million for rookie striker Balogun. This is despite the 19-year-old never playing a first-team game and out of contract next summer. Brentford, who will meet Fulham in the Championship play-off final, enquired about Balogun in January.Advertisement Loading… read also:Why Balogun Missed Arsenal’s 4-0 Win against Standard Liege But despite the teenager never looking like getting a start for the Gunners, he was kept hold of. Balogun is regarded as one of the most promising talents in the Arsenal academy, having gained a reputation as a deadly finisher in front of goal. FacebookTwitterWhatsAppEmail分享 center_img Promoted Content7 Things That Actually Ruin Your Phone5 Of The World’s Most Unique Theme ParksBest & Worst Celebrity Endorsed Games Ever Made10 Risky Jobs Some Women Do9 Facts You Should Know Before Getting A Tattoo7 Black Hole Facts That Will Change Your View Of The UniverseWhat Happens To Your Brain When You Play Too Much Video Games?7 Train Stations In The World You Wish To Stay At Longer7 Theories About The Death Of Our UniverseThe 18 Most Visited Cities In The World11 Most Immersive Game To Play On Your Table Top6 Interesting Ways To Make Money With A Dronelast_img read more


first_imgBatesville, IN—The Batesville Area Arts Council has issued a Call For Artists for downtown projects.  Our Town Batesville Public Art is seeking qualified artists to design and create exterior art projects for a series of locations in downtown Batesville.The deadline to apply is March 30 with a scheduled completion date in Fall 2020. The artwork will enhance the overall character and atmosphere of the downtown core and support a welcoming environment. Local, regional and national artists and designers are invited to submit design ideas. To learn more about BAAC and the Call, click here.last_img read more


first_img Tom Hogan’s six-year-old landed the Betfred Sprint Cup at Haydock last year and was last seen finishing fourth in the Hong Kong Mile back in December. Despite those recent Group One exploits, he was sent off an 18-1 shot under Craig Williams in the seven-and-a-half-furlong heat but he came with a powerful run after being settled in the early stages. He swept to the front inside the final half-furlong to edge out Speediness by a short neck with El Roca a further three-quarters of a length away in third. The run was a warm up for next month’s inaugural Championship meeting, with Hogan having the option of tackling either the Doncaster Mile or the six-furlong TJ Smith Stakes at Randwick on April 12. Hogan said: “It was great – a good achievement. It was a bit unusual using a Group One as a prep for another race, but it worked out and he won it well. “It give us options for next month and we will make a decision in the next few days about which race to go for. Craig said he could go for either. “It’s great to win though and to break new ground.” Gordon Lord Byron made a dream start to his Australian stint when winning the Group One George Ryder Stakes at Rosehill.center_img Press Associationlast_img read more


first_img The 26-year-old Italian goalkeeper allowed Samir Nasri’s tame shot to squirm from his grasp and over the line as Manchester City snatched a 2-2 draw with the Black Cats at the Etihad Stadium on Wednesday evening. Until that point, it looked as if Connor Wickham’s double would hand the visitors an unlikely and invaluable victory which could have proved hugely significant in their fight for Barclays Premier League survival. But although he was devastated on the final whistle, Mannone will be between the posts again at Stamford Bridge on Saturday evening, and Poyet will have no qualms about retaining his services. The 46-year-old Uruguayan said: “That’s why when you have a son, the first thing you say is, ‘Don’t play in goal. Any position but in goal’. “It doesn’t matter how well you play for 89 minutes, it doesn’t matter how many saves or crosses you catch, if you make one mistake, it is going to cost you a goal. “It’s the worst position to be part of. But the goalkeepers know that and the have to live with that and they have cope with that. “I think Vito wants just to play again as soon as soon as possible. I have got no doubts he is going to play (at Stamford Bridge), it’s not a problem for me.” The Black Cats headed south still six points adrift of safety and ruing the two which slipped from their grasp in midweek. However, they did so having restored a measure of pride and confidence with their performance against a City side who never really got to grips with them. Poyet knows life will be no less difficult against title-chasing Chelsea, but he is looking for a performance of similar character to keep alive their survival hopes. Gus Poyet is confident Vito Mannone has the mental strength to bounce back from his costly midweek howler when struggling Sunderland visit Chelsea. He said: “The idea is to play and believe in what you do and stay in the game, don’t give up, don’t throw the game away in 20 minutes because not a long time ago, Arsenal after 20 minutes were down to 10 and 3-0 down at Stamford Bridge, and that’s a difficult one to take because then you don’t have too many options to change. “The idea is to start strongly to make it difficult, but at the same time to put them under pressure.” Poyet, of course, spent four years at Chelsea as a player, but will not allow old friendships to deflect him on his return. He said: “Before the game and after the game is going to be great because I have got so many friends, even in the tunnel. “The idea is just to make sure during the game, I just concentrate on us and don’t look for anything apart from trying to get something from the game.” Press Associationlast_img read more


first_img “Stevie was like us all – we all hurt,” he said when asked whether he had needed to lift his captain’s spirits this week. “Obviously it was a big game. Steven played really well but he was just unfortunate to make the slip and Demba Ba went through and finished really well. “Steven is a guy who has picked himself up over many years after disappointments and he will do it again. “He’s a really good man. I think it’s been a bit over-analysed as well – the guy slipped, which can happen to anyone. Unfortunately it led to the goal and that was a big factor in the game. “However, it happens and we move on.” Last weekend’s defeat took the title destiny out of Liverpool’s hands and made Manchester City favourites as they are only three points behind with a match in hand and a superior goal difference. The Reds still lead the Premier League by two points from Chelsea but find themselves in the unusual position of needing near-neighbours Everton to do them a favour when Manuel Pellegrini’s side visit Goodison Park on Saturday evening. “City have a really tough game against Everton and I’ve read one or two bits about Everton not wanting to do Liverpool a favour,” added Rodgers, whose side do not play until Monday at Crystal Palace. Press Association Liverpool manager Brendan Rodgers believes there has been too much focus on Steven Gerrard’s slip in last week’s defeat to Chelsea and says the captain should in no way be held accountable. The Reds lost 2-0 at home to the Blues in a match where the opponents blunted any attacking threat with a blanket defence and capitalised on a mistake by the Reds captain to score the crucial opening goal. Gerrard’s slip just inside his own half, presenting Demba Ba with a clear run on goal, has been the subject of much analysis and numerous jokes and comments on social media and beyond, but Rodgers attaches no blame to the England international. “Make no mistake, Everton in their own right are a great club who have done well this year, particularly at home, and they are fighting for a Champions League position. “They have fantastic players who can get a result. I’ll probably watch the game. I’m not one of these who says they will be on a golf course. “I love football and I watch every type of game so I am sure I will be watching it somewhere. “Everton have their own reasons to do their own job. They won’t need many more supporters than they already have. “Of course Everton v Manchester City is a tough game and City have found it difficult there over the last number of years. “I think most people will look at us because we still have to do our job. “For us the focus is on ourselves because we can’t rely on anyone. We have to do our own job, and our job is to get three points at Crystal Palace. “Anything other than that is not worth worrying about to be honest. I will focus on Liverpool and Liverpool only.” last_img read more


first_img Crystal Palace and Newcastle have been linked with a January move for Gomis but Monk insists the 29-year-old is not for sale and will get his chance over the busy Christmas period and in the new year when Ivory Coast striker Bony is away at the Africa Cup of Nations. “I have heard the speculation about Bafe but I want him here,” Monk said. “He has been fine, trained well, got on with his job and it is not in my plans to move him on. “He’s been fantastic with me, I speak a lot to him about it and he waits for his time. “He tries to contribute and in January he’ll have a chance with Bony going to the Africa Cup of Nations and maybe in this period coming up with the number of games we have when we have to think about freshness. “He will have his chance and that’s what he’s been waiting for. ” Gomis showed the finishing ability which brought him 62 goals in 172 Lyon appearances in his first Swansea start, scoring the winner in the Capital One Cup tie against Rotherham in August. But he hasn’t started a Premier League game since the goalless draw away to Sunderland at the end of September and Bony has scored seven goals in 10 games in that time. Gomis has started just two Barclays Premier League games since leaving Lyon on a free transfer last summer with a big reputation, scoring only once in the top-flight – the winner in a memorable 2-1 victory over Arsenal last month. The 12-times capped France forward signed a four-year deal at Swansea in June but he has had to play second fiddle to Wilfried Bony, the Premier League’s top scorer in 2014. Swansea striker Bafetimbi Gomis will not be leaving in the January transfer window despite his lack of first-team action, says his manager Garry Monk. Press Association “It’s been difficult for him because he’s not a young kid,” Monk said. “He’s established and played and scored a lot every season with a good pedigree. “And player like that doesn’t want to spend time on the bench, They want to play and I understand that. “I’d loved to have played him more than I have but Bony’s been in such good form and players understand that. “That quality of player will always be linked and other teams will see they haven’t played as much as I or Bafe would have liked, “They will look at him as a possible target but that shows what a good player he is.” last_img read more