September 30, 2020
  • 1:25 pm Dutch insurer outsources pensions administration to APG subsidiary
  • 1:21 pm Swedish pension funds wrangle with VW over potential conflict of interest
  • 1:17 pm Falling interest rates lift Q1 return at ING pension fund to nearly 7%
  • 1:04 pm Pension fund for Dutch watchdog seeks merger with other schemes
  • 1:02 pm Rising management costs see PPF consider in-house team

first_imgAt the time, it concluded that joining an insurer would have been too expensive, adding that this would also have prevented it from linking up with a larger pension fund at a later date.In the Dutch financial sector, the pension fund of merchant bank and asset manager Van Lanschot is in the process of establishing an APF, in which assets can be ring-fenced.However, it declined to provide details about its potential partners.Expenses at the AFM and DNB schemes have recently come under scrutiny, as many of the institutions they supervise decry the ever-increasing cost of regulation.The AFM’s merger announcement comes soon after the publication of a survey by local insurance magazine AM and news website Follow the Money, which claimed that the watchdog underestimated the cost of winding up Mercurius and starting its own pension fund.The AFM recently confirmed that its total costs for the scheme had come to €1.5m rather than the estimated €1m.It also said its pensions administration costs were €426 per participant – three times the national average for Dutch pension funds.By comparison, the cost per participant at the €1.3bn pension fund for fellow watchdog DNB is €284. The AFM – the pensions communications watchdog in the Netherlands – has said it wants its €100m scheme either to merge with other pension funds in the Dutch financial sector or join an initiative to establish a low-cost APF vehicle.The AFM, which has a staff of approximately 600, said it was “undesirable” for smaller pension funds to remain independent, and that they should merge with other schemes to gain the benefits of scale.The regulator’s scheme was established in August 2013, following the liquidation of the Mercurius scheme, which had served several companies in the financial sector.The AFM had tried in vain to make Mercurius part of a new voluntary industry-wide pension fund for the financial sector, and, after this initiative failed, it decided to launch its own temporary fund.last_img read more

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first_imgMORE COVERAGESyracuse football rolls to 33-7 win over Colgate in Dino Babers’ SU debutEric Dungey has career game after meeting his brother, who returned from the Army, for 1st time in 2 yearsTransfer wide receiver Amba Etta-Tawo dazzles in Syracuse football debutWATCH: Dino Babers’ press conference after his 1st game as Syracuse’s head coachGallery: Syracuse rolls to 33-7 win over ColgateSyracuse-Colgate football: A graphical breakdown of the Orange’s dominant winStorify: Syracuse community reacts to Dino Babers’ 1st game as head coachSyracuse football poll: Vote for player of the game and grade SU’s performance Syracuse (1-0) dominated Colgate (0-1) in a 33-7 win in Dino Babers’ first game as SU’s head coach Friday night.Eric Dungey threw for 355 yards, Amba Etta-Tawo had 210 receiving yards and Moe Neal scored a 49-yard touchdown run on the first carry of his career.After nearly nine months of waiting, Babers’ team was finally on the field. Here’s what we learned from the game.Eric Dungey will still runSix plays into Syracuse’s second drive of the game Eric Dungey faked a handoff to running back Dontae Strickland out of shotgun and ran it himself up the middle. Then he dropped back to pass but chose to scramble to 1 yard short of a first down. Dungey quickly got under center, snapped the ball and kept it himself yet again, this time running around the left side of the line for the first.AdvertisementThis is placeholder textLess than a week removed from Babers’ statement that he had to “strip down” Dungey and convert him into a “thrower first” and coming off an offseason where Dungey vowed to stay in the pocket more, Dungey ran the ball 10 times for 25 yards.“It’s not my focus,” Dungey said. “My job is to throw the ball.”He had more carries than any of the team’s running backs, and Moe Neal was the only one with more rushing yards than Dungey. Neal had nine carries, Dontae Strickland had nine, Jordan Fredericks had four and Zack Mahoney had three. Dungey’s longest run of the day came a few plays after his spurt of three when he kept the ball on the option, raced around one defender and stiff armed another before trotting out of bounds at the Colgate 22 for a 12-yard gain. Half of Dungey’s runs came on that drive.“Dungey’s legs are a valuable part of what he does,” Babers said. “We’re not taking his legs out of the game. We just want to make him the Russell Wilson of the ACC. We want him to be smart and get down when he does those runs and not stay up and take an unnecessary shot.“It would be unfair to him and unfair to the team to not give him an opportunity to bring those legs into the game because his legs are special. You’re just making him normal, and we don’t want to be average.”Red zone offense needs to improveSyracuse’s first-team offense was able to charge down the field on most of its possessions. And while it scored on seven of its 10 possessions, four of those scores were field goals.Of those field goals, three came in the red zone — a difference of 12 points if touchdowns and PATs were scored instead.“Having the ability to not score touchdowns in the red zone greatly affected the game,” Babers said, “and that is something we need to clean up.”Jessica Sheldon | Photo EditorOn the first trip, Syracuse had 1st-and-goal at the 8-yard line but stalled. Dontae Strickland ran for no gain. Dungey lost two yards and Jason Emerich committed a false start to push SU back to the 15 on third down.Then Dungey threw his first incompletion of the game — a throw over the middle for Ervin Philips that was knocked away. Kicker Cole Murphy trotted onto the field.The next time, a holding penalty on lineman Omari Palmer changed a 3rd-and-2 to 3rd-and-12. A 5-yard pass and field goal ensued.One drive later, Etta-Tawo made a 40-yard catch to bring the Orange to Colgate’s 23-yard line. A pass to Steve Ishmael put SU in the red zone. But again, the offense stalled.Devin Butler will playBabers wasn’t sure on Wednesday if freshman running back/wide receiver Devin Butler would play at all this season. “He’s right on the cusp,” Babers said, citing depth at both spots as a reason Butler might redshirt.But when Steve Ishmael was called for a personal foul on SU’s first drive of the third quarter, it was Butler who came in to replace the veteran. Butler stayed on for three plays, came off, then was back in for one play in the drive.Butler didn’t record a statistic but did come back into the game late in the fourth quarter with the likes of freshman Sean Riley and Adly Enoicy. He lined up a outside receiver each time, though he did practice with the running backs for part of training camp. Comments Published on September 3, 2016 at 12:57 am Contact Jon: jrmettus@syr.edu | @jmettus Facebook Twitter Google+last_img read more

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first_imgKeaton Nankivil scored 25 points and hit 7 of 8 three-point attempts last time UW played at Mackey.[/media-credit]In the world of college basketball, there’s never enough time to bask in the euphoria of a win.The No. 10 Wisconsin men’s basketball team (19-5, 9-3) is forced to put the delight of upsetting then-No. 1 Ohio State at the Kohl Center as they hit the road to clash with No. 11 Purdue (20-5, 9-3) at the Mackey Arena.Including this game, both teams have five conference games remaining before the Big Ten Tournament. The winner will gain sole possession of second place and will stand two games behind first-place Ohio State.Back-to-back games against the Big Ten’s top two teams in the standings put Wisconsin in a precarious spot. With games against its top competition in matter of days this late in the season, the Badgers’ conference title hopes could have been significantly improved or dashed quickly.And after passing the first test, the Badgers need to ensure there’s no let down to keep their hopes alive.In a somewhat similar situation a year ago, Wisconsin visited UW-Green Bay on the heels of a 72-69 victory over No. 6 Duke at the Kohl Center. Wisconsin fell to the Phoenix four days later 88-84 in overtime.“The Duke game, can’t forget that, the fans stormed the court … but when we went up to Green Bay, their fans stormed the court when they beat us,” senior forward Jon Leuer said. “It was kind of like a reality check for us; it brought us back down to earth.”But after learning from that experience, Leuer and the rest of his teammates are hoping that the momentum from the Ohio State games carries over to this game, in one of the toughest environments to play.Wisconsin has won just twice in the Mackey Arena over the last 40 years.“We got to go into one of the toughest places in the country to play at Purdue and [against] a team that’s playing really well right now, so we kind of have to harness the energy we had from that crowd and that atmosphere and take it to West Lafayette,” Leuer said.The Boilermakers responded well after suffering their third conference loss of the season at the Kohl Center just over two weeks ago. Purdue knocked off Indiana and Illinois by a margin of 14 and 11 points, respectively.Meanwhile, Wisconsin dominated Michigan State at home, 82-56 and squeezed in an overtime victory at Iowa before playing Ohio State. The Badgers are currently on a four-game winning streak.In their last meeting, the two teams traded the lead 12 times in front of a loud audience in Madison. Wisconsin took control for good when sophomore forward Ryan Evans hit a jumper from the free throw line with 50 seconds remaining.Following the game, though, UW head coach Bo Ryan expressed disappointment with the way the team defended in the paint.Purdue scored 20 of 40 second-half points there, much of which came from forward JaJuan Johnson, the Big Ten’s leading scorer. 17 of Johnson’s 23 points came in the final period.Protecting the rim will be vital against the Boilermakers, but as UW associate head coach Greg Gard mentioned, stopping Johnson only begins at stopping him in the paint.“JaJuan is more polished offensively in terms of being able to face up and make some plays from there he’s really evolved from where he [began] as a freshman,” Gard said. “You didn’t have to guard him at the three-point line when he was a freshman or sophomore; now you do. You have to find him in transition, they use him in pick-and-pop situations, he’s a shot-blocker.”Johnson isn’t the only Boilermakers who can score, though. Guard E’Twaun Moore is seventh in the Big Ten in scoring during conference with 16.6 points per game He scored 15 last time he saw the Badgers.Wisconsin has a pair of top scorers as well. Junior guard Jordan Taylor is second with 20.8 ppg and is coming off an impressive showing against OSU, in which he scored 21 of his 27 points in the second half when UW marched back from a 15-point deficit.Leuer is fifth with 18.3 ppg and understands that even though Wisconsin will mark Moore and Johnson, they won’t be expected to slow down much.“Obviously those are two of the best players in the country, and they’ve proven that over their careers,” Leuer said. “You try to limit what they can do and limit JaJuan’s touches and make it tough for each one to score but they usually get there.”last_img read more

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