UK regulators join forces to tackle pensions fraud

first_imgThe ScamSmart campaign is designed to draw attention to the main ways fraudsters attempt to attract savers, and includes TV, radio and social media adverts. The campaign has government backing, with pensions and financial inclusion minister Guy Opperman stating: “Pension scams are devastating for hardworking people and can rob them of the retirement they planned. I would urge savers to always exercise caution and seek independent guidance or advice before making important financial decisions.” However, James Walsh, policy lead for engagement, EU and regulation at the Pension and Lifetime Savings Association (PLSA), warned that the industry “must remain vigilant” as perpetrators of pension scams were “very quick to adapt their methods”.He reiterated the pensions trade body’s call for an authorisation regime for all pension schemes to “give people confidence that their pension scheme is a legitimate home for their retirement savings”.Others warned that the UK’s pension freedoms policy – which has granted retirees easier access to their savings since its introduction in 2014 – had opened the door to increased levels of fraud.Gregg McClymont, director of policy at The People’s Pension and a former Labour party pensions spokesman, said: “Scammers’ eyes lit up when pensions freedoms were introduced. Four years later, government still has not acted to minimise the harm.“This campaign is a positive step towards fighting against fraudsters, but a pensions cold-calling ban is needed to stop more people’s pensions being plundered.”The UK’s treasury department is currently consulting on draft regulations to ban cold calling related to pensions. The consultation period closes on Friday.The FCA and TPR are part of a wider project, dubbed Project Bloom, aimed at combating pension-related fraud. It includes the UK government’s treasury and work and pensions departments, as well as the country’s Serious Fraud Office, the City of London Police, the National Fraud Intelligence Bureau, the Pensions Advisory Service, and the National Crime Agency. The UK’s financial services and pensions watchdogs have launched a nationwide campaign aiming to raise awareness of pension fraud.According to a poll of 1,018 adults with pension savings that was conducted on behalf of the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR), fraudsters steal an average £91,000 (€102,000) per victim by persuading people to transfer their money into unregulated investments.Almost a third (32%) of people aged 45-65 – the age group deemed most at risk of pension scams – “would not know how to check whether they are speaking with a legitimate pensions adviser or provider”, the regulators said in a statement released this morning.Mark Steward, the FCA’s executive director of enforcement and market oversight, said: “The size of individual pension pots makes pensions savings an attractive target for fraudsters. That’s why we’re urging anyone who is thinking about transferring their pension to check who they are dealing with and only use firms authorised by the FCA.”last_img read more

Voting down pot

first_imgWashington Times 1 August 2016Family First Comment:  “Voters considering legalizing marijuana on Election Day (in the US) should look past vested interests’ view that marijuana is safe. They should make their vote with the clear eyes of the scientific community, not the bloodshot ones of pot proponents.” Good advice not only for Americans voting, but also for NZ.Voters in at least five states, including California, will be asked whether they want to legalize marijuana for casual use on Election Day. Four states and Washington D.C. have already taken this step. “This is really a watershed year for marijuana legalization,” said F. Aaron Smith, executive director of the National Cannabis Industry Association.Proponents like the Drug Policy Alliance claim that legalization should occur partially for “health” reasons. The Marijuana Policy Project has called pot “harmless.” Others say it is “safe” and even “healthy.” Nearly all proponents seem to deny or minimize its risks. Popular culture reinforces this view portraying use generally as a risk-free endeavor. And big business looking to cash in on legalization is all too happy to propagate this claim.But here’s the problem: This view is out of step with the medical literature. In fact, a scientific consensus exists that marijuana has serious health implications — even for casual users. Voters considering legalization on Election Day shouldn’t overlook these risks.Start with marijuana’s impact on users’ IQ and motivation. A major New Zealand study that tracked users over many years found that chronic use starting in adolescence is associated with an average 8-point drop in IQ in mid-adulthood. That is a big percentage drop not to be taken lightly. The study found that even those who quit in adulthood were not able to recover these IQ points. Several other large studies conclude that use can cause impairment of cognitive ability at any age, though to a lesser degree.Research also shows a link between marijuana use and a motivational syndrome — characterized by reduced determination and drive. It is reaffirmed by several studies that have linked marijuana use to criminal behavior, unemployment, lower incomes, greater welfare dependence, and lower life satisfaction.Marijuana’s negative effects go beyond slacking. Research shows that it disrupts the brain areas that regulate posture, coordination, balance and reaction time. These side effects are why several large studies find that that drivers high on marijuana are three to seven times more likely to be responsible for a car accident.Voters considering legalizing marijuana on Election Day should look past vested interests’ view that marijuana is safe. They should make their vote with the clear eyes of the scientific community, not the bloodshot ones of pot proponents.READ MORE: http://www.washingtontimes.com/news/2016/aug/1/a-case-against-legalizing-marijuana/Keep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

EPL: Chelsea opt against pay cut, tell players to donate to charity

first_imgChelsea have said they won’t impose a pay cut on their first-team squad in response to the coronavirus outbreak. But the Premier League side added Saturday they had asked players to continue donating to charities during the ongoing pandemic. Chelsea owner Roman Abramovich bought the club in 2003 It has been reported the west London club have been in talks with their players about a salary reduction of around 10 percent in a bid to reduce costs at a time when football has been suspended because of the virus. That figure, however, is significantly lower than the Premier League’s suggestion of 30 percent for all clubs. But that has not stopped the Stamford Bridge side from taking their own course of action as they highlighted the #PlayersTogether initiative launched by Premier League players earlier this month, which aims to raise and distribute funds for charities supporting Britain’s National Health Service (NHS).Advertisement “Representatives of the Chelsea board have recently held extensive talks with the men’s first team to discuss how they can contribute financially to the club during the coronavirus crisis,” said a club statement. “The objective of these talks has been to find a meaningful partnership around ensuring we preserve jobs for staff, compensate fans and participate in activities for good causes. “We are grateful to the team for having played their role in assisting the club with community activities as well as all the charitable causes they have been supporting in their respective home countries and through the Players Together initiative supporting the NHS.” The statement added: “At this time, the men’s first team will not be contributing towards the club financially and instead the board have directed the team to focus their efforts on further supporting other charitable causes. “As this crisis develops the club will continue to have conversations with the men’s first team regarding financial contributions to the club’s activities.” Loading… Promoted Content7 Reasons It’s Better To Be A VeganSome Impressive And Almost Shocking Robots That Exist7 Ways To Understand Your Girlfriend BetterCouples Who Celebrated Their Union In A Unique, Unforgettable WayBest & Worst Celebrity Endorsed Games Ever MadeWhat Happens To Your Brain When You Play Too Much Video Games?Is This The Most Delicious Food In The World?Disney Princesses Reimagined As “GoT” CharactersMind-Bending Technology That Was Predicted Before It Appeared7 Black Hole Facts That Will Change Your View Of The UniverseThe Funniest Prankster Grandma And Her Grandson13 kids at weddings who just don’t give a hoot Read Also: Arsenal to miss CL spot as UEFA opt for points system if season cut shortMeanwhile the Blues said they would not be taking advantage of the British government’s coronavirus job retention or furlough scheme, with casual workers and matchday staff being compensated by the club through to June 30.Newcastle and Norwich are currently the only two Premier League clubs using the furlough for some of their non-playing staff, while Liverpool, Tottenham and Bournemouth were all forced into U-turns after their plans to use the scheme were met with widespread criticism.FacebookTwitterWhatsAppEmail分享 last_img read more

FIFA Foundation, UPL sign MoU to promote sustainable development and education through football

first_imgFIFA Foundation and UPL Ltd. have announced a new collaboration agreement that will see the two organisations join forces to promote and raise awareness about sustainable development in agriculture and education in society through football. As part of the new memorandum of understanding (MoU), the FIFA Foundation and UPL will work together to use football as a platform to raise awareness about several key social and environmental issues, including the positive impact that sustainable development, environmental protection, educating young people and leading a healthy and active lifestyle can make within society. In particular, UPL will collaborate within the FIFA Foundation’s Football for Schools Programme, designed to engage children in interactive education sessions focused on developing life skills and promoting values through football. read also:FIFA stop players from internationals duties amid travel banAdvertisement Furthermore, UPL will also coordinate access to the FIFA Football for Schools Programme for up to 30 schools in rural areas in Brazil, as well as engaging with local authorities in key markets. UPL and the FIFA Foundation will also work together to support sustainable development objectives and environmental protection efforts through a ten-year programme that will enable the reduction of carbon dioxide emissions and reward smallholder farmers in developing markets for adopting sustainable agricultural practices. The new MoU between the FIFA Foundation and UPL was signed today at a high-level ceremony at the FIFA museum in Zurich, with Gianni Infantino (FIFA President and President of the FIFA Foundation Board), Mauricio Macri (Executive Chairman of the FIFA Foundation), Youri Djorkaeff (FIFA Foundation CEO) and Fatma Samoura (FIFA Secretary General) in attendance together with Jai Shroff (Chief Executive Officer, UPL) and Diego Lopez Casanello (Chief Operating Officer of UPL). FacebookTwitterWhatsAppEmail分享 Loading… center_img Promoted Content7 Non-Obvious Things That Damage Your PhoneBest & Worst Celebrity Endorsed Games Ever MadeWho Earns More Than Ronaldo?10 Phones That Can Easily Fit In The Smallest PocketCan Playing Too Many Video Games Hurt Your Body?The 9 Best Robots In Movie History5 Of The World’s Most Unique Theme Parks10 Hyper-Realistic 3D Street Art By OdeithWho’s The Best Car Manufacturer Of All Time?10 Of The Worst Celebrity Dads In Hollywood14 Hilarious Comics Made By Women You Need To Follow Right NowWho Is The Most Powerful Woman On Earth?last_img read more

Philadelphia 76ers fire coach Brett Brown a day after his 7th season ends in postseason sweep

first_img August 24, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditPHILADELPHIA (AP) — Philadelphia 76ers fire coach Brett Brown a day after his 7th season ends in postseason sweep. Philadelphia 76ers fire coach Brett Brown a day after his 7th season ends in postseason sweepcenter_img Associated Press last_img

Update on the latest sports

first_imgUNDATED (AP) — Major League Baseball is celebrating the man who broke baseball’s color barrier amid an unusual display of activism by players this week. Jackie Robinson Day is usually held April 15 but was moved this year due to the pandemic.The New York Mets and Miami Marlins honored Robinson Thursday with a 42-second moment of silence before they jointly walked off the field. The game was one of seven postponed Thursday in a protest of racial injustice.Also in the majors:— The Mets and Yankees are set to play five games in three days, with doubleheaders Friday and Sunday. The Yankees may place right fielder Aaron Judge back on the injured list with a right calf injury just days after he was activated. Judge returned from the 10-day IL Wednesday but was pulled from a game against Atlanta after aggravating the injury. The Yankees are hopeful that infielder DJ LeMahieu (leh-MAY’-hyoo) can return some time this weekend from a left thumb sprain.— The Blue Jays are preparing to welcome right-hander Taijuan Walker after acquiring him from Seattle for a player or cash. Walker had been set to pitch Thursday in a doubleheader for Seattle. Instead, he’ll go through intake testing as he joins displaced Toronto, which is hosting Baltimore in Buffalo this weekend. Walker was 2-2 with a 4.00 ERA in five starts this season, with 25 strikeouts and eight walks. He is 33-33 with a 3.95 ERA in parts of eight big league seasons. His career was interrupted by Tommy John surgery in 2018. Share This StoryFacebookTwitteremailPrintLinkedinRedditRACIAL INJUSTICE-SPORTSNBA prepares to restart after protest pauseUNDATED (AP) — The NBA restart is about to restart. Practices are due to resume Friday inside the NBA’s bubble at Walt Disney World, with playoff matchups set to restart Saturday. That means games will have stopped for three days while players protested the shooting of a Black man by police in Wisconsin earlier this week. The wave of postponements in the NBA and other sports began Wednesday when the Milwaukee Bucks refused to take the court for their game against the Orlando Magic.The NHL postponed two sets of second-round games Thursday after members of the Golden Knights and Vancouver Canucks threatened to sit out Game 3 of their series. The decision was announced an hour before the Philadelphia Flyers and New York Islanders were to play Game 3 of their series in Toronto, with Vegas and Vancouver set to face off in Edmonton Alberta. The other postponed games were Game 4s scheduled for Friday: Boston against Tampa in Toronto, and Dallas against Colorado in Edmonton. All the postponed games are being rescheduled for this weekend.Ten Major League Baseball games were postponed on Wednesday and Thursday. Members of The Players Alliance, a group of more than 100 current and former Black major leaguers, are donating their game checks from Thursday and Friday to the organization to address racial injustice.Several NFL teams canceled practices and football practices were canceled at Boston College, Kentucky and South Florida.The tennis tours paused play Thursday at the Western & Southern Open in Flushing Meadows, New York. Associated Press Update on the latest sports NHL-SCHEDULE CHANGESNHL playoffs to resume this weekendUNDATED (AP) — The NHL’s second-round playoff series will resume this weekend with three games each on Saturday and Sunday after players prompted the league to postpone two days of action to protest racial injustice.In the NHL’s Eastern Conference hub city of Toronto, Tampa Bay and Boston will play Game 4 of their series at noon EDT Saturday, followed by Philadelphia and the New York Islanders playing Game 3 at 7 p.m. EDT. Vegas and Vancouver will play Game 3 of their series at 9:45 p.m. EDT in the West hub city of Edmonton, Alberta.On Sunday, in Edmonton, Colorado and Dallas will play Game 4 of their series at 6 p.m. EDT followed by Vegas and Vancouver set to play at 10:30 p.m. EDT Philadelphia and the New York Islanders will play in Toronto at 8 p.m. EDT.center_img August 28, 2020 The postponements of four games to be played Thursday and Friday have led the NHL to push back the potential completion of the second-round schedule by as many as two days should three of the series require a Game 7. Dallas and Colorado and Vegas and Vancouver are both scheduled to play Game 7 on Sept. 4, if necessary. Game 7 of the Philadelphia-Islanders series is scheduled for Sept. 5.The playoffs will then shift to Edmonton, where the conference and Stanley Cup finals will be played.MLB-SCHEDULEMLB honors Jackie Robinson VIRUS OUTBREAK-SPORTSUNC to start fall sports without fansUNDATED (AP) — North Carolina athletic director Bubba Cunningham says the school will begin football and other fall sports without fans at home because of the pandemic.In an open letter to fans Friday, Cunningham says the restriction will last through September for football, men’s and women’s soccer, field hockey, volleyball and cross country. In addition, tailgating won’t be allowed on campus.Cunningham says the hope is to potentially allow some fans in October, though that would potentially come only after school officials and medical experts evaluate safety conditions. He also says school officials “remain hopeful that we will be able to safely cheer together in large groups again this season.” The school has canceled all in-person undergraduate classes in favor of online-only instruction after multiple coronavirus clusters on campus since students returned for the fall semester.last_img read more

England – France friendly to go ahead.

first_imgDenmark have given themselves a decent chance after the first leg of their Euro 2016 qualifying play-off.The 1992 champions got a late away goal in their 2-1 defeat to Sweden.Ukraine are in a strong position, having got past Slovenia 2-0 in their home fixture.This evening, Hungary take a 1-0 lead into the second leg of their tie against Norway. It’s urging England fans to show full support to France when the teams meet in Tuesday’s friendly at Wembley.The game had been in doubt, but will go ahead as planned.last_img read more

NBA: Watch LeBron James score triple-double against Chicago Bulls

first_img WATCH US LIVE LeBron James recorded his third consecutive triple-double by scoring 30 points, 10 rebounds and 11 assists while playing the Chicago Bulls on Wednesday, November 6. King James is the first LA Lakers player in 32 years. James is the oldest player to score three straight triple-doubles.Also read | NBA: LeBron James mocks haters after scoring 3 straight triple-doublesNBA 2019-20: LeBron James scores a third consecutive triple-double WE RECOMMEND Also read | LeBron James sends taco truck to first respondents fighting Getty Fire The Lakers posted on Twitter about James’ Twitter, which James retweeted with the hashtag ‘WashedKing’, subtly shutting down people who has previously called him so. NBA stats also tweeted about James’ triple-double which total to 90 points, 33 rebounds and 40 assists. Russell Westbrook is the only other player in the last 50 years to have a reached 90-30-40 score over a span of three games. Westbrook had scored 96 points, 43 rebounds and 40 assists from 15-26 February 2017. Also read |  NBA news: LeBron James surpasses Kobe Bryant on All-time steals list James is also the oldest player in NBA history to score three consecutive triple-doubles. The previous player was Jason Kidd, who was 34 years and 291 days old. James is now 34 years and 310 days old. This is also James’ third consecutive triple-double for the third time in his NBA career. The Lakers won the game, defeating the Bulls 118-112. LeBron James currently has an average of 26.1 points, 8.3 rebounds and 11.1 assists. Last season, he averaged at 27.4 points, 8.5 rebounds and 8.3 assists.  FOLLOW US Devika Pawar First Published: 6th November, 2019 14:49 IST LIVE TV 10 months ago NBA: LeBron James mocks haters after scoring 3 straight triple-doubles 10 months ago NBA: Pau Gasol thinks modern-day NBA ‘has lost the beauty of the game’ COMMENT Also read | LeBron James to build housing facility for ‘I Promise School’ families 10 months ago NBA: Boston Celtics vs Cleveland Cavaliers player ratings, results 10 months ago NBA: Kevin Durant reacts hilariously to Garrett Temple’s soft dunk SUBSCRIBE TO US Last Updated: 6th November, 2019 14:49 IST NBA: Watch LeBron James Score Triple-double Against Chicago Bulls LeBron James recorded his third-straight triple-double by scoring 30 points, 10 rebounds and 11 assists during their match against Chicago Bulls on November 6. Written By 10 months ago NBA: James Harden surpasses Allen Iverson for 5th-most 40-point gameslast_img read more

EU Diplomat Welcomes Jamaica’s New Sexual Harassment Legislation

first_imgSource: designer491 / shutterstock KINGSTON, Jamaica, CMC – The European Union Friday welcomed the decision by Jamaica to table legislation aimed at improving the treatment of women in the society, especially the workplace.The EU Ambassador to Jamaica, Malgorzata Wasilewska, told a luncheon here that the recent tabling of the Sexual Harassment Bill signals the island’s seriousness in dealing with the situation.Gender Affairs Minister Olivia Grange tabled the Sexual Harassment Bill earlier this month that is expected to go before a joint-select committee of Parliament where the public will have a chance to contribute. The EU diplomat said together with the passage of the Disabilities Act and the recent review of laws which aims to protect vulnerable populations including women and those with disabilities, the island was moving in the right direction.“We know there is still much further to go but there have been important signs of progress which must be acknowledged,” Wasilewska told the luncheon hosted by UN Women and the gender and disability affairs committee of the Private Sector Organization of Jamaica (PSOJ).She said that the World Economic Forum had found that women with disabilities experience a threefold daily challenge, including being a woman, as well as being disabled.PSOJ president, Howard Mitchell, said local businesses have to confront situations where unqualified men are being hired over qualified women.“If you believe in your cause, you have to make some noise,” Mitchell said, acknowledging that the PSOJ also has work to do.Over 15 percent of the population or more than 500,000 persons were identified as disabled in the last census in Jamaica in 2011.The EU is co-financing the “Win-Win: Gender Equality Means Good Business” being implemented in Jamaica and other Latin American states. It is being led by UN Women and the International Labor Organization and aims at promoting gender equality in the private sector.last_img read more

DJ is spinning: Jordan comes up big for Clippers

first_img“You can see he is a lot more patient in the post,” Coach Doc Rivers said, “because he’s not afraid of getting fouled. He is playing with great energy. He’s been great all year but he’s been spectacular lately.”Jordan has scored 20 or more in four of his past 14 games. That might not sound impressive and certainly doesn’t sound like enough. But Chris Paul attributed the Clippers’ night to the ability to “go inside, then come back outside.” When Jordan attracts an offensive gang, the Clippers’ shooters flock to the wide open spaces.They were shooting over 60 percent for most of the game and settled for 56.6. J.J. Redick was on point early and Paul committed one turnover in 37 minutes. They both shot 9 for 15 and Jordan was 8 for 9. In fact, the Clippers starters missed only 19 field-goal attempts. That’s in 170 man-minutes.“It was an offensive game, with neither team getting stops,” Redick said, “like the ones Doc and Woody (assistant coach) Mike Woodson used to play.”And almost all of those shots were taken at logical times from logical places. The screens were precise and the cuts were sharp. It was a reminder that the Clippers have not lost all their mojo, even when they lose to Dallas, even when they burp up an 18-point lead in the final five minutes at home against Sacramento, a scarlet-letter loss that caused double-takes throughout the league on Sunday. “I’m more comfortable and confident down low,” Jordan said. “My teammates give me a lot of space to operate. But I have to be patient down there when I get the ball in case J.J. does pass it. If I do something crazy, he might not give it to me again.”Redick, of course, was sitting nearby.“You mean like that missed dunk?” Redick said, referring to an assist that went up in smoke.“Anyway, I am more comfortable with that,” Jordan said. “I’ve been getting a lot of reps on the foul line. And I’ve been getting a lot of reps during games.”But those are different types of reps. Jordan is shooting 5.1 free throws per game. That’s a lot, but last season he averaged 8.0. What’s different, of course, is that the Hack-A-DJ is not a preferred tactic anymore. It might rear its head during the playoffs, but Jordan’s free-throw percentage is at a 5-year high and is .061 ahead of 2015-16.Jordan had 20 points in Sunday’s cave-in. This is the first time he’s had back-to-back 20-point games since a three-game streak in Feburary of 2015.Otherwise, the Clippers had to keep clicking to hold off Washington’s John Wall who, on the second night of a back-to-back, laid 41 points, seven rebounds and eight assists on the Clippers.Rivers said he saw no difference in the difficulty of guarding Wall and guarding Russell Westbrook. “He’s a locomotive,” Rivers said, and Paul called him “a one-man fast break.”The Wizards became the first team in league history to start 2-8 or worse and then reach 15 games over .500. This loss dropped them to 46-30, but right now they’re third in the East in their first season under Brooks.The former UC Irvine star has a .620 career winning percentage after he was .319 in his first year of coaching. Oklahoma City fired Brooks two seasons ago in hopes of reaching a different level. It appears the Thunder succeeded in that regard. Certainly Washington has.The Clippers play at Phoenix tonight in a test of their wayward concentration level. They have lost 13 games to teams who wouldn’t make the playoffs today. They remain in fifth place, 1.5 games behind Utah and a game ahead of Oklahoma City. However, they finish the season with only five games in 12 days. Of Utah’s last seven games, four are against Golden State, San Antonio (twice) and Washington.Before the game, Paul Pierce said he thought the Clippers would still be formidable in the postseason, “when you can prepare for one team.” Answering an unrelated question, Rivers said the only team he’s preparing for “is us.” LOS ANGELES >> There’s little use in having a Big Three if you don’t accentuate the Biggest One. The Clippers don’t always do that. They did on Wednesday.On a night of epicurean offense and remorse-driven effort, four Clippers exceeded 20 points. DeAndre Jordan was one of them, with 23, plus 18 rebounds. His embattled team works so much better when it remembers he’s around.“He was all over the floor,” said Scott Brooks, the Washington coach who watched the Clippers demolish his team’s defense in a 133-124 feast. “He was contesting shots, blocking shots, getting dunks and getting to the free-throw line all night.”The foul line is where everybody wants to put Jordan, of course, but even that is turning around. He is up to 49.1 percent for the season and hit 7 of 12 in this one. The carryover effect is profound.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more