Pensions dashboard: Why it would be crazy to ditch one of the most common sense ideas to come out of government

More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: whatsapp Indeed, providing this service solely through the private sector without any backing from the government whatsoever is fraught with problems.As Royal London’s Helen Morrissey points out: “Government involvement would help to establish the project’s credibility among those users who may not have had much experience with the wider financial services community. It will also give people much needed comfort that their money and data will be safe.”Morrissey also points out that if the government backs out, there is a concern that fraudsters could step into the vacuum with their own offerings, putting people’s money at risk. whatsapp Katherine Denham Okay, well that never happened. But imagine for a second that we were to treat our misplaced pensions in the same way we treat lost phones.In the UK, billions of pounds of pension money is currently “lost” – not in a stock market crash or stolen through fraud, but instead misplaced and unclaimed. The reasons for this are multifaceted, and have plenty to do with inertia. But it’s also a problem that is set to get worse.The days of life-long jobs and gold-plated pensions are behind us; in fact, it’s estimated that the average UK worker will have around 11 jobs in their lifetime. Each job, of course, will have its own pension scheme with different providers, meaning many of us will have money effectively scattered across the industry, making it difficult to keep track.So what if we used technology to create a platform so that all of your various pension pots could be visible online in one central place?Funnily enough, that is exactly what the government has spent the past two years doing, designing a “pensions dashboard” so savers can see their workplace, personal, and state pensions simply by logging into one account. And yet, despite how sensible this sounds, and the money which has already been spent getting the project off the ground, there have been reports that the welfare secretary, Esther McVey, wants to ditch the pensions dashboard altogether.According to reports last week, McVey thinks the service could distract from the roll-out of universal credit, which is bogged down by its own issues. She has also reportedly suggested that the state should not be providing the dashboard service.The industry is baffled, and has strongly urged the government not to give up on the plan, with nearly 90,000 people signing a petition to save it. If the dashboard is sent to the scrapheap, it will be another example of the Tory party’s complete misalignment with the views and values of younger generations But scrapping the pensions dashboard just seems plain illogical from a pragmatic point of view too.Chris Knight, chief executive of Legal & General Retail Retirement, stresses that shelving the dashboard could undermine the success of auto-enrolment. “More than 9.6m workers are now saving through workplace pensions that are tied to their jobs. These workers will likely retire with three or more different pension pots from different employers.“Without a tool like the dashboard, it will be difficult for these individuals to understand what they’ve saved over the course of their working lives.”In fact, DWP’s own research suggests that 50m pension pots will be lost by 2050 without an official online hub like the pensions dashboard.Here is a simple idea that could finally get millions of people – particularly young folk – engaged with their savings. But, if the dashboard is indeed sent to the scrapheap, it will be another example of the Tory party’s complete misalignment with the views and values of younger generations.And given that technology is improving every corner of our lives, does it not make sense that the same should apply to our pensions?Admittedly, huge projects like this one are packed with complexities, and come with a price tag. But that doesn’t mean we should give up on it.Some things are definitely worth fighting for, and the pensions dashboard is one of them. The concept of a pensions dashboard is one of the few common sense ideas to come out of government in recent years. It’s also been one of those rare occasions where the industry widely agrees that this is a practical way forward (unlike, say, the launch of the Lifetime Isa which went down like a lead balloon). This makes U-turning on the dashboard seem even more absurd. Government involvement would help to establish the project’s credibility among those users who may not have had much experience with the wider financial services community   “What have you lost?” your colleague asks as you desperately retrace your steps.“My pension!” you cry. Share Pensions dashboard: Why it would be crazy to ditch one of the most common sense ideas to come out of government Of course, there are disagreements around the dashboard’s form – that is, whether we have a single government-led service, or multiple services developed by lots of individual providers, but which incorporate government data.Jon Greer, head of retirement policy at Old Mutual Wealth, says that the latter would provide financial support, but could create a regulatory headache for the Department for Work and Pensions (DWP), which might be cautious about policing lots of dashboards.You could also argue that multiple dashboards defeat the object of having just one centralised service. And while the single dashboard idea would be easier to regulate, Greer points out that the money needed for its creation and maintenance would either need to come from pension schemes, or the taxpayer.And yet, none of these problems justify scrapping the whole thing entirely.Less than half of people in the UK are saving enough for retirement, according to the Pensions Advisory Service. So even if the dashboard project is costly, it will be money well spent when you consider the positive impact it could have on an entire nation’s financial future. Wednesday 25 July 2018 9:25 am read more

US agree deal with Taliban to end 18-year conflict

first_img Michael Searles President Trump has promised to put an end to the conflict. The agreement means the militants are not allowed al-Qaeda or other extremist groups to operate in the areas they control. whatsapp Pompeo was in attendance as a witness as US special envoy Zalmay Khalilzad and Taliban chief Mullah Abdul Ghani Baradar signed the agreement. The US has signed an agreement with the Taliban in an effort to bring peace to Afghanistan following 18 years of conflict. Pompeo gave a speech in Doha and urged the militant group to “keep your promises to cut ties with al-Qaeda”. US Secretary of State Mike Pompeo addresses the press following the US-Taliban deal signing ceremony in the Qatari capital Doha (AFP via Getty Images) US Secretary of State Mike Pompeo addresses the press following the US-Taliban deal signing ceremony in the Qatari capital Doha (AFP via Getty Images) Also Read: US agree deal with Taliban to end 18-year conflict He said the US would continue to support the Afghan government. The Taliban is now set to hold talks with the Afghan government. The signing in Doha, Qatar, was attended by Taliban leaders and US Secretary of State Mike Pompeo. US Secretary of State Mike Pompeo addresses the press following the US-Taliban deal signing ceremony in the Qatari capital Doha (AFP via Getty Images) Also Read: US agree deal with Taliban to end 18-year conflict Share Show Comments ▼ US Defence Secretary Mark Esper was in the Afghanistan capital, Kabul, and said: “This is a hopeful moment, but it is only the beginning. whatsapp It will see the withdrawal of the around 12,000 US troops still stationed in Afghanistan. “The road ahead will not be easy. Achieving lasting peace in Afghanistan will require patience and compromise among all parties.” The agreement will see the US and its Nato allies remove all troops from the country within 14 months if militants uphold the deal. The US initially invaded the country in 2001 following the 9/11 attacks in New York by al-Qaeda. US agree deal with Taliban to end 18-year conflict Saturday 29 February 2020 3:48 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comKansas coach fired for using N-word toward Black playerthegrio.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comlast_img read more

With Covid-19 approvals, ‘vaccine nationalism’ is a worrisome trend

first_imgFirst OpinionWith Covid-19 approvals, ‘vaccine nationalism’ is a worrisome trend Related: In India, Prime Minister Narendra Modi hailed news of the authorization as evidence of the success of his government’s policy of Indian self-reliance. The decision, however, has been questioned by scientists for its lack of transparency and criticized by health watchdogs and opposition politicians as having been pushed through by Modi’s government without sufficient basis in scientific data. These concerns have been fueled further by the surfacing of allegations that Bharat Biotech failed to follow ethical procedures in its clinical trial.Similar criticism has been leveled by external vaccine experts at Russia, which vaccinated thousands of at-risk individuals with a product that had only been tested in 76 people before approval, and China, which has administered its vaccines to millions of citizens without the benefit of full-scale clinical data.Russian President Vladimir Putin claimed Russia’s approval as a “world first” while drawing accusations of applying political pressure in an effort to bolster the country’s scientific leadership status. In China, government officials directed vaccine developers to treat their work as an “important political task” as several outside observers have highlighted the diplomatic value of being one of the first to make a vaccine available.Following the approvals and rollouts, Russia and China eventually made available data from large clinical trials indicating that certain of their vaccines are safe and effective.But their decisions to authorize the vaccines before they had sufficient data may still have lasting implications for global health and future pandemic response efforts. Moreover, some of these implications may be amplified if there is a public perception that countries got away with issuing approvals without waiting for full clinical data, setting a concerning precedent for future decision makers.Vaccine hesitancy is high or increasing in many parts of the world, and has been identified as a top threat to global health. The concerns of vaccine skeptics, however unfounded, can only be stoked by rushed approvals, claims of effectiveness that fail to prove out or, in the worst case, unforeseen side effects that arise during administration under emergency use authorizations, all possible effects of vaccine nationalism.Even if issues of safety and effectiveness do not arise, the mere perception that undue political pressure may have played a role in vaccine development threatens to undermine public confidence. By Patrick Ho Jan. 14, 2021 Reprints Data from large clinical trials, which generally include tens of thousands of volunteers, aim to demonstrate a vaccine’s effectiveness and probe its potential side effects. This is important information to have in hand before giving injections to millions or billions of healthy people. Patrick Ho @shuennho The Covid-19 vaccines are a marvel of science. Here’s how we can make the best use of them Related: About the Author Reprints In the United States, enough questions were raised by the convergence of vaccine timelines with the presidential election that nine companies pledged to develop and test their candidates following scientific principles only, without political considerations. This was evidently a valid concern as, at the time of the pledge, polling indicated a low of 50% of Americans saying they would take a Covid-19 vaccine if available. In subsequent polling, respondents cited concerns with the rushed development timeline and politicization as reasons they would not get a vaccine.Meanwhile, the Chinese vaccines have met significant skepticism among populations outside China, despite the millions of doses that have been administered in China under emergency use, owing at least in part to the slow and at times confusing release of efficacy data. China approved one vaccine based on interim clinical data suggesting 79% effectiveness, while trials have reported widely varying efficacy data for a second vaccine — including a total efficacy rate that fell 30% from a previously reported figure in a Brazilian study — leading to concerns among scientists and regulatory delays.This new side of vaccine nationalism threatens to undermine scientific and ethical principles that provide the foundation of vaccine development. Scientists employ large-scale controlled trials as the gold standard to provide vital information about a vaccine’s safety and effectiveness. That information allows public health officials to balance the risks and benefits of administering vaccines to healthy people.This process is nowhere more important than during the Covid-19 pandemic, as countries around the world prepare to inoculate billions of people in the largest global vaccination campaign in history.Eroding these norms and standards developed over decades of experience risks harming our ability to respond to future epidemics.In the U.S. and the United Kingdom, the development of the Pfizer/BioNTech, Moderna, and AstraZeneca vaccines has been informed by scientific data generated from testing in tens of thousands of volunteers that was made publicly available before regulatory authorization. As a result, there is widespread consensus regarding their safety and effectiveness and public confidence in the products. According to Gallup polling, 63% of Americans were willing to take a Covid-19 vaccine in early December, and a more recent poll puts the figure as high as 84%.Looking ahead to the next pandemic, the political calculation could change in Western countries if the precedent set by Russia, China, and India lends credence to voices clamoring to make investigational vaccines available without waiting for potentially lengthy and costly large-scale trials. Under the pressure of another epidemic, which seems all but inevitable, those calling for greater scientific rigor may have more difficulty finding support for the time and capital investments required to gather the necessary evidence before vaccinating millions with experimental products.With several Covid-19 vaccine candidates in use and millions of doses administered without data from large clinical trials, countries must now reaffirm their commitments to rigorous public health standards to avoid sliding down the slippery slope.Data transparency must be emphasized as developers finish Phase 3 clinical trials and seek approval for general use of their vaccines. The global community must insist that the results and protocols of those studies are promptly published and analyzed with the same level of scrutiny as would apply outside of emergency use circumstances. Governments around the world must commit to a spirit of open cooperation, in which lifesaving products are treated as public goods rather than state secrets. And they must demonstrate to the public that the breakneck speed with which these Covid-19 vaccines are introduced has nothing to do with vaccine nationalism but is instead owing to the hard work and innovation of the developers and volunteers involved in their research, development, and testing.Patrick Ho is senior counsel at IAVI, a global health nonprofit based in New York, and was co-founder and vice president of Vaxess Technologies, a Cambridge, Mass.-based life science company developing delivery technologies for vaccines and therapeutics. The opinions in this article are the author’s and do not necessarily reflect those of his employer. Just after New Year’s Day, regulators in India granted authorization for restricted use to Bharat Biotech’s Covaxin, adding another Covid-19 vaccine to the list of those that have been approved for use in various countries around the world.New vaccines against Covid-19 are sorely needed worldwide, especially in low-income countries, which are being left behind as high-income countries adopt “vaccine nationalism” and snatch up doses at the expense of those with less means.The Covaxin rollout, however, illustrates another worrisome trend. Regulators in India gave the vaccine the go-ahead before data from large-scale clinical trials are available, just as Russian and Chinese regulators did for their own homegrown vaccine candidates.advertisement A nurse prepares a dose of the Sputnik V Covid-19 vaccine for a patient at a clinic in Moscow. NATALIA KOLESNIKOVA/AFP via Getty Images A Covid-19 vaccine maker in India stirs controversy over its clinical trial Premature approvals in India, Russia, and China reveal a different side of vaccine nationalism, one that prioritizes political advantage over scientific evidence and risks undermining widely accepted standards for vaccine testing and development.advertisement Tags CoronavirusVaccineslast_img read more

All of this week’s Laois GAA fixtures with football finals and semis on the horizon

first_imgHome Sport GAA All of this week’s Laois GAA fixtures with football finals and semis… SportGAA Council Community WhatsApp Twitter Previous articleBREAKING: Laois County Council gives Gemma O’Doherty first Presidential nominationNext articleOur second last hurling Team of the Week for 2018 Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. TAGSLaois GAA Fixtures Twitter Five Laois monuments to receive almost €200,000 in government funding WhatsApp By Alan Hartnett – 24th September 2018 Facebook Pinterest Facebook Pinterest RELATED ARTICLESMORE FROM AUTHOR Community All of this week’s Laois GAA fixtures with football finals and semis on the horizon Laois U11 Football Division 3 Shield Final The Harps v Railyard LOETB Training Centre 6.30pmWEDNESDAY SEPTEMBER 26Midlands Park Hotel Minor “B” Football Championship Semi Finals (Extra time if necessary)Spink v Graiguecullen Crettyard 7.30pmTHURSDAY SEPTEMBER 27Midlands Park Hotel Minor Football Championship Semi Finals (Extra time if necessary)Killeshin Crettyard v Portarlington Stradbally 7.30pmMidlands Park Hotel U13“B” Football Championship Semi Finals (First Named Team Home Venue – Extra time if necessary) Venue tbc 18:00 Na Fianna Og v Winner Camross The HarpsMidlands Park Hotel U13 “B” Football Shield Semi Finals (First Named Team Home Venue – Extra time if necessary)Venue tbc 18:00 Loser Camross The Harps v RosenallisFRIDAY SEPTEMBER 28Midlands Park Hotel Minor Football Championship Semi Finals (Extra time if necessary)Ballyroan Abbey v Stradbally Parish Gaels LOETB Centre of Excellence 7.30pmSATURDAY SEPTEMBER 29Laois Shopping Centre JFC Final Annanough v O’Dempsey’s O’Moore Park 5.30pmLaois Shopping Centre IFC Final Courtwood v Mountmellick Gaels O’Moore Park 7.30pmMidlands Park Hotel Minor “B” Football Championship Semi Finals (Extra time if necessary)Clonaslee St Manmans v Rosenallis in Mountmellick 7pmMidlands Park Hotel Minor Football Shield Semi Finals (First Named Team Home Venue – Extra time if necessary)The Heath v St Joseph’s 3pmPortlaoise v Emo Courtwood 3pmMidlands Park Hotel Minor “B” Football Shield Semi Finals (Extra time if necessary)Ballylinan v O’Dempsey’s 2.30pmPark Ratheniska v Castletown Slieve Bloom 2.30pmMidlands Park Hotel U15 Hurling Division 1 Final (Extra time if necessary)Rathdowney Errill v Borris In Ossory Kilcotton 4pmMidlands Park Hotel U13 Football Championship Final (Extra time if necessary)Killeshin Crettyard v St Pauls O’Moore Park 12:30pmMidlands Park Hotel U13“B” Football Championship Final ( Extra time if necessary)LOETB Centre of Excellence 12:30 Clough Ballacolla v Na Fianna Og or Camross / The HarpsMidlands Park Hotel U13“C” Football Championship Final (Extra time if necessary)Spink v Stradbally Parish Gaels B LOETB Centre of Excellence 11amMidlands Park Hotel U13 Football Shield Final (Extra time if necessary) – Toss for VenueVenue tbc 12:30 Ballylinan v Stradbally Parish GaelsMidlands Park Hotel U13 “B” Football Shield Final (Extra time if necessary) – Toss for VenueVenue tbc 12:30 Loser Camross / The Harps or Rosenallis v BallyfinMidlands Park Hotel U13 “B” Football Plate Final (Extra time if necessary) – Toss for VenueVenue tbc 12:30 Castletown Slieve Bloom v Clonaslee St Manmans.SUNDAY SEPTEMBER 30Laois Shopping Centre SFC Semi Final Portlaoise v St Josephs O’Moore Park 2pmGraiguecullen v O’Dempsey’s O’Moore Park 3.30pmSEE ALSO – BREAKING: Laois County Council gives Gemma O’Doherty first Presidential nomination The GAA season in Laois is pushing on to a close with just three more weeks of competitive adult games to come.This week, attentions turn to the JFC and IFC finals.They take place on Saturday while on Sunday, the SFC semi finals are down for decision.Check out all the games below:MONDAY SEPTEMBER 24Midlands Park Hotel Minor Football Championship Group A Round 5Portlaoise v Ballyroan Abbey 6.30pm Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Midlands Park Hotel Under 13 B Football Championship Playoff (Extra time if necessary)The Harps v Camross 6pmTUESDAY SEPTEMBER 25Midlands Park Hotel U15 Football “B” Championship Semi Finals (Extra time if necessary)Stradbally Parish Gaels v Rosenallis LOETB Training Centre 7.45pmLaois U11 Football Division 3 Cup Final Castletown Slieve Bloom v Clough Ballacolla LOETB Training Centre 6.30pm New Arles road opens but disquiet over who was invited to official openinglast_img read more

KCNA Declares Launch “Successful”

first_imgNews Facebook Twitter By Chris Green – 2012.12.12 11:47am News News North Korea has declared this morning’s long-range rocket launch a success in a brief report carried by the state Chosun Central News Agency.According to the report, “The launch of the second ‘Gwangmyungsung-3’ from the West Sea Launch Site in Cheolsan County, North Pyongan Province via the carrier rocket ‘Unha-3’ was successful. The satellite entered its predicted orbit.” North Korea tries to accelerate building of walls and fences along border with China There are signs that North Korea is running into serious difficulties with its corn harvest center_img SHARE Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak News RELATED ARTICLESMORE FROM AUTHOR AvatarChris Green KCNA Declares Launch “Successful”last_img read more

Flat capital market revenues expected for big U.S. banks in Q4 2014

first_img High debt levels threaten banks’ strong results: Fitch Keywords Banking industry U.S. action on climate benefits banks, asset managers: Moody’s James Langton Facebook LinkedIn Twitter G7 tax pledge may be upstaged by CBDC workcenter_img Capital market revenues at the big Wall Street banks is expected to remain unchanged for the fourth quarter of 2014 when they begin year-end reporting this week, says Fitch Ratings in a new report. In the fourth quarter, the revenues from the firm’s various capital market businesses — including fixed income, currencies, commodities, equity trading, and investment banking — for the five U.S.-based global trading and universal banks is not expected to materially change year over year, the rating agency reports. Fitch says that it expects equity trading and M&A revenues to be up meaningfully, but that this will likely be offset by declines in debt and equity underwriting revenue. Related news For the first nine months of 2014, the Wall Street banks have already reported aggregate capital markets revenues that are flat from the same period in 2013, Fitch notes. It says revenues from the fixed income, currency and commodities (FICC) sector, which is typically the most significant contributor to capital market revenues for four of the five biggest U.S. banks (JPMorgan Chase, Bank of America, Citi and Goldman Sachs) are expected to be near flat, or slightly lower on average, reflecting lower trading volumes across product types. Fitch says that currency and commodity trading revenues, within the FICC sector, should receive a modest boost from the uptick in volatility during the quarter. “Declining values for many of the world’s currencies relative to the U.S. dollar and oil’s precipitous decline likely increased client activity, but gains may be offset by erosion in trading book valuations,” it says. For equity trading, Fitch says that the pickup in volatility in late-September through October, combined with upward trending equity indices through the quarter, should drive increases in year-over-year results. “Morgan Stanley could be the biggest beneficiary of higher equity-trading volumes, as they have historically been the largest contributor to the bank’s overall capital market segment results,” it says. In the investment banking segment, Fitch says that fees from global equity underwriting are likely to be lower “as the value of deals declined approximately 20%” compared with the fourth quarter of 2013. Debt capital markets revenue is also expected to be lower, reflecting a 2.8% decline in debt underwriting, globally. However, completed M&A transactions were up approximately 35% year over year, which will translate into a higher advisory fees. As for the seven large European trading banks, Fitch says that it expects their capital markets earnings to follow similar trends. Share this article and your comments with peers on social medialast_img read more

Top Small Farmers and Agri-Business Partners Honoured

first_imgTop Small Farmers and Agri-Business Partners Honoured UncategorizedDecember 14, 2006 RelatedTop Small Farmers and Agri-Business Partners Honoured RelatedTop Small Farmers and Agri-Business Partners Honoured FacebookTwitterWhatsAppEmail The Ministry of Agriculture and Lands, in collaboration with the United States Agency for International Development (USAID), yesterday (December 13), recognized top small farmers and agri-business partners for their efforts in revitalizing Jamaica’s agricultural production.Speaking at the awards ceremony at Hope Gardens, Agriculture and Lands Minister, Roger Clarke said the achievements of farmers were testament to their ability to be innovative and enterprising.The farmers and partners were awarded for their participation and achievements under two sustainable agricultural programmes, co-established by the Government and the USAID, the Rural Enterprise, Agriculture and Community Tourism (REACT) project, which followed the Jamaica Business Recovery Programme.According to Minister Clarke, the “REACT project, which started in 2005, is a four-year initiative funded by the USAID.building on past successes in advancing environmentally and economically sound business practices, to stimulate enterprise development across poor rural communities”.“By promoting the transition from subsistence to entrepreneurial activities, REACT will increase incomes, improve the well-being of beneficiaries, strengthen the voice of local communities and expand the rural economy, while protecting the natural resource base,” he added.The majority of the farmers awarded were, according to Deputy Chief of Party to the REACT project, Robert A. Reid, earning between $500,000 and $2.5 million per quarter.The focus of REACT is the stimulation of small rural enterprises and incorporating them into the vale chain, which Minister Clarke said, “fits nicely with the Government’s focus on rural development”.“In 2006, the project, under its agri-business component.has been providing technical assistance and training to over 100 open field demonstration horticultural farmers, nine demonstration greenhouse farmers and 150 small poultry farmers in the parishes of St. Catherine, Clarendon, Manchester, St. Ann, St. Elizabeth and St. Thomas,” he said.REACT has been focused on the introduction of improved production practices and appropriate technologies. These include land preparation methods, the use of seedling trays, hybrid seeds and starter solutions, proper plant densities, drip irrigation and water management, pesticide selection and weed identifications, as well as crop rotation and production and post-harvest scheduling.Minister Clarke informed that in the case of poultry, the technical assistance provided has been focused on production practices, health and disease control, food safety, slaughtering and processing, marketing and record keeping.The principal government partner in the two programmes is the Rural Agricultural Development Authority (RADA), through its extension officers. The Ministry of Health’s Public Health Department has provided guidance in food safety, with 27 farmers acquiring food handler’s permits and are on their way to obtaining certification of processing facilities. Industry partners helping to strengthen the business side of these rural enterprises are AGROGRACE, Jamaica Livestock Association and Hi Pro Ace Farm and Garden Centre. In addition, the Jamaica Egg Services Limited, in collaboration with the Jamaica Egg Farmers Association organized training for small poultry farmers in egg marketing, grading and standards.“The success of these programmes depends on forging key partnerships with a cross-section of people with different expertise, resources and ideas. Today we are recognizing the partners whose participation has resulted in measurable transformation of the sector,” said USAID Deputy Missions Director, James Harmond.Farmers recognized at the event were: Ewart Blackwood and Eric McNee from St. Catherine; Cecil Campbell and Ervin Francis from Clarendon; Conrad Bailey and Debbie Facey-Simpson from St. Elizabeth; the Christiana Potato Growers Co-operative Association and Winston Taylor from Manchester; Margaret Walker, St. Ann; Devon McKen, St. Thomas; and Adrian Williams, St. Andrew.center_img RelatedTop Small Farmers and Agri-Business Partners Honoured Advertisementslast_img read more

Top 5 Predictions for 2019

first_imgEmail ReddIt Three Tier Talkby Brian Rosen, www.BevStrat.comBrian Rosen is Former CEO of America’s #1 Retailer, Sam’s Wines in Chicago, Former Partner at PricewaterhouseCoopers in Retail and sought after retailer consultant.EMail: [email protected]: 800-953-1312Web: www.BevStrat.comMore information and articles by Brian RosenAdvertisement Pinterest Home Wine Business Editorial Three Tier Talk Top 5 Predictions for 2019Wine Business EditorialThree Tier TalkTop 5 Predictions for 2019By Brian Rosen – December 12, 2018 121 1 Facebook Twittercenter_img Previous articleCreating Emails Customers Want to ReadNext articleAfternoon Brief, December 12 Brian Rosen Share Linkedin TAGS3-Tier DistributionBrian RosenThree TierThree Tier TalkThree-Tier System AdvertisementWe are here again. Like clockwork, December comes and everyone in the adult beverage world looks backwards at their successes and failures, otherwise known as depletions, and then look forward in a hopeful way knowing that sales and marketing can always be better. For the last five years I have written a column of predictions for the following year. I have been correct on four of the five years. It does not make me “Kreskin the Great”, but it does make me a trend watcher and someone who’s got a good eye on the industry.This year, 2018, has brought a plus for of mergers, brand acquisitions, private equity investment in the adult beverage space, and a lot of talk about marijuana. This year has also seen the strong rise and advocacy of companies like MHW and Park Street and everything imaginable has been infused with cannabis. What will next year look like? The year 2019? Below are five predictions for the year 2019. If you’re a betting person I would hedge in this direction.1. Three PL’s go mainstream.The way consolidation is happening and with the rate of new brands coming to the market, the next logical tier to grow is third party logistics. These easy entry distribution models, like MHW and others, allow all brands to be sold in many states without the chase and dance with a more traditional distribution model. Look for these to be your 1st choice for market entry.2. In markets where legal cannabis infused drinks will take a bite out of low tier beer and inexpensive spirits.Low tier drinking buzzes will now come from pot and the cheap beer and non-descript spirit will feel that hit. (pun intended)3. The à la carte nature of the business will continue to pull the freight is there are more options that ever before to go to market period.We are entering a place where you can pick your sales force, i.e. BevStrat, you can pick your market, i.e. California and you can pick your 3PL. The days are dwindling where big distro will tell you where to launch, what price point to launch at and whom to sell to.  Those days are ending!4. Top tier distribution will no longer have merger as an option and Second tier, or class B distributors will begin a wave of consolidation is 2019 draws to the close.Smaller players, more regional players, will begin to get better brands caused by the reduncies in inventory from mergers. The more regional distributors will begin to lose smaller brands because of the Darwin theory; and so, it continues down the line.5. Mezcal, Gin, Rosé, Canadian whiskey, high proof beer will all move in market share and acceptance.Just data folks- numbers don’t lie.All in all, 2019 will be a very exciting year for suppliers and consumers and mid-tier distributors. The consumer will have more choice than ever before of what to drink. Suppliers will have more ways than ever before to go to market with accepted forms of distribution. Retailers Will continue to struggle to figure out how to make money in the business with mass downward pressure on gross margin. The three PL model of distribution will become mainstream by the end of the year.Please save this article and let’s bring it back and refer to it in December 2019. Thank you to all have read my work in 2018 and thank you for your support happy holidays!last_img read more

PM Congratulates Bolt and Fraser-Pryce

first_imgPM Congratulates Bolt and Fraser-PryceJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay RelatedHaitian President Treated To Cultural Evening PM Congratulates Bolt and Fraser-Pryce Office of the Prime MinisterNovember 16, 2013Written by: Communications Unit-OPM RelatedJIS Director Cops Civil Servant of the Year Award Photo: JIS PhotographerPrime Minister, the Most Hon. Portia Simpson Miller. Prime Minister and Minister of Sport, the Most Hon. Portia Simpson Miller says Jamaica is ecstatic at the historic double victory by sprinters Usain Bolt and Shelly-Ann Fraser-Pryce who have captured the IAAF World Athletes of the Year. Jamaica becomes the first country in the region and the third in the world to have captured this top IAAF accolade. Bolt received the IAAF award for the fifth time, while Fraser-Pryce was earning the award for the first time.In congratulating both athletes for this ‘clean sweep’, the Prime Minister said this latest outstanding accomplishment by our athletes serves to further cement Jamaica’s top ranking and extraordinary position in the world of track and field athletics, and is another crowning glory for our small nation. All Jamaica is proud of this accomplishment.“This is an outstanding and spectacular achievement which encapsulates the brilliance, depth and dominance of our athletes and serves to demonstrate once again that not only have we taken on the world in track and field athletics but we are succeeding at it”, the Prime Minister said, adding that “this latest accomplishment by Bolt and Fraser-Pryce can only serve to strengthen our already rich and vibrant history of success in the sport.”Bolt finished ahead of British runner Mo Farah and high jumper Bohdan Bondarenko of Ukraine. The other women’s nominees were world champion shot-putter Valerie Adams of New Zealand, and world hurdles champion Zuzana Hejnova of the Czech Republic.center_img RelatedHaitian President Looking to Deepen Ties with Jamaica Story HighlightsPrime Minister and Minister of Sport, the Most Hon. Portia Simpson Miller says Jamaica is ecstatic at the historic double victory by sprinters Usain Bolt and Shelly-Ann Fraser-Pryce who have captured the IAAF World Athletes of the Year.The Prime Minister said this latest outstanding accomplishment by our athletes serves to further cement Jamaica’s top ranking and extraordinary position in the world of track and field athletics.“This is an outstanding and spectacular achievement which encapsulates the brilliance, depth and dominance of our athletes and serves to demonstrate once again that not only have we taken on the world in track and field athletics but we are succeeding at it”, the Prime Minister said FacebookTwitterWhatsAppEmail Advertisementslast_img read more

Rahm builds two-shot lead; Phil three back

first_imgNORTON, Mass. – Jon Rahm accomplished so much so quickly that he began to wonder what else was left for him to achieve in his first full year on the PGA Tour. He now has 10 million reasons to play his best golf. Already very much in the hunt for the FedEx Cup and its $10 million bonus, Rahm took another step Saturday when he made an eagle and five birdies over his last 10 holes for a 5-under 66 and a two-shot lead at the halfway point of the Dell Technologies Championship. Rahm already has a short history of strong finishes in his first trip to the TPC Boston. One day after he birdied four of his last five holes, he made a 12-foot eagle putt on the par-5 18th and then shot 31 on the front nine to reach 9-under 133. No one could catch him in the afternoon, least of all Dustin Johnson. Johnson, the world’s No. 1 player who had a one-shot lead going into the second round, had a pair of double bogeys after a quick start and needed a birdie on the 18th hole to keep from falling further behind. Johnson shot a 72 and was five shots behind. It’s already been an amazing year for Rahm. The 22-year-old Spaniard was No. 137 at the start of the year. Now he’s at No. 5. His two main goals were to get to East Lake for the Tour Championship and win a tournament. Check. Check. Dell Technologies Championship: Articles, video and photos Current FedExCup Playoff points standings But after a runner-up at Colonial, he has missed the cut twice and finished out of the top 25 in three other PGA Tour starts. ”It’s probably because I got to the point where I had accomplished so much more than I had set myself to in the beginning of the year that I felt like there was nothing else to do,” he said. ”It made me complacent of what I had accomplished all year. I didn’t play with the same intensity. I really didn’t have a goal. ”It’s taken me two months to realize what I’ve done, and hopefully I can keep surprising myself.” Paul Casey, who played in the final group last year until Rory McIlroy ran him down, had a 65 and was two shots off the lead along with Adam Hadwin (65), Kevin Streelman (65) and Kyle Stanley (68). Streelman is at No. 90 in the FedEx Cup, and only the top 70 after the Labor Day finish advance to the third playoff event in two weeks outside Chicago. Rahm was only part of a cool, calm day that left a large crowd entertained, and at times surprised. Lucas Glover (No. 16) and Grayson Murray (No. 8) each made a hole-in-one that the PGA Tour estimated were 65 seconds apart. Phil Mickelson dropped only one shot on his way to a 67. He was just three shots off the lead at 6-under 136, his best 36-hole score since the FedEx St. Jude Classic in June. Jordan Spieth also turned around his fortunes. Despite missing a pair of birdies inside 7 feet, Spieth still shot a 65 and was in the group four shots behind. Spieth attributed his slow start in the opening round Friday to waking up on the wrong side of the bed. ”For me, it was just a matter of just stop being cranky,” Spieth said. ”I don’t know what to tell you. I was getting more made at bad breaks than you should. It was a bad day at the office yesterday and a really good one today. I’m going to need two really good ones again. But to be within four shots after yesterday’s round is a tremendous accomplishment.” McIlroy, meanwhile, was headed home after missing the cut as the defending champion for only the second time in his career. McIlroy also missed the cut as defending champion in the 2012 U.S. Open. McIlroy will still advance to the BMW Championship, though he will need a top finish to get to East Lake for the Tour Championship. That’s no longer a concern for Rahm. He is No. 5 in the FedEx Cup, already assured of going the distance. He won at Torrey Pines in January. He even won his first European Tour title at the Irish Open. And he now has a very clear goal over the next few weeks. ”I think we all have the same goal in the next few weeks, which is the FedEx Cup,” he said with a smile. He still has a long way ahead of him at the TPC Boston. Twenty players were within five shots of the lead with two rounds to go, and players were bracing for a Sunday of wet weather. The tee times were moved back and will be played in threesomes because of the forecast. The cut was at 3-over 145, which spared the likes of Bubba Watson, who is at No. 72 in the standings. Watson missed a 3-foot par putt on the par-5 18th hole and figured he would miss the cut until Patrick Rodgers hit into the junk on the 18th hole, had to take a penalty drop and made bogey. Adam Scott wasn’t so fortunate. He came up short of the 18th with a sand wedge and missed a 6-foot par putt, giving him a 75. He wound up missing the cut by one shot after flying in from Australia to try to extend his season.last_img read more