Clifton Beach resident Rod Baird. Picture: Marc McCormackWITH its serene shoreline and proximity to trendy tourist hubs, Clifton Beach is a quiet achiever of the northern suburbs.Matt Graham has lived at the suburb for more than 30 years and couldn’t have imagined a more idyllic childhood.“We lived one street off the beach and would be fishing just about every day,” he said.“It is a bit different now – there is more hustle and bustle – but it’s still not as busy as other parts.”For 20 years he has worked at Bransford’s Tackle Shop, near the Clifton Village Shopping Centre.Mr Graham was now looking forward to showing his young daughter some of the suburb’s top fishing spots.About 20km north of the CBD, Clifton Beach is bordered to the west by Kuranda National Park. “I only ever go into Cairns if I absolutely need to,” Mr Graham said. A path connecting the suburb to Palm Cove has made Clifton Beach popular for exercise enthusiasts. More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days agoWalks along the beach are made even more relaxing by swaying palm trees and views to Double Island. According to Cairns Regional Council, Clifton Beach was named after Clifton in Scotland – the birthplace of one of the area’s European settlers, Mary Hunter Smart.The average house price is hovering about $500,000, just below the nearby Palm Cove, with the median unit price about $280,000.In 2014 a four-bedroom manor on Arlington Esplanade, Clifton Beach, sold for a mammoth $1.72 million. Another mansion, at 34-36 Alexandra St, is currently listed for $1.195 million.Keith and Lily Schirmer have lived in Thetford Close for 21 enjoyable years after moving to Clifton Beach from Port Douglas.“It’s very quiet here. We live in a cul-de-sac and all our neighbours are extremely friendly,” Mrs Schirmer said. “We found the area wasn’t particularly touristy, which suited our needs.“It has changed quite a lot from when we arrived, but we still really enjoy it here.”
The UK’s Pensions Regulator (TPR), in an effort to improve governance standards across the sector, has suggested “sub-standard” pension funds should be forced to merge with others.In a wide-ranging consultation on trustee standards and governance, the regulator also asked whether professional trustees should be required to complete minimum qualifications before registering.The regulator noted that, while many trustee boards were displaying dedication and skill when conducting their work, some were failing to meet minimum standards, or finding it “challenging” to do so.Lesley Titcomb, the regulator’s chief executive, emphasised that trustees had a “vital job” protecting savers’ money. “Being a trustee carries significant responsibility, so it’s important trustee boards display sufficient skills and knowledge, and follow effective stewardship principles,” she said. “But good practice is far from universal, and the challenges are particularly stark in smaller schemes.”The notion of improving trustee standards comes just after the revised IORP Directive was finalised.The directive requires member states to raise the level of trustee experience across a trustee board as a whole – a condition that has led the Irish regulator to propose stricter entry requirements. Titcomb’s note of caution that smaller schemes could face challenges was also addressed in the paper, which asked whether such funds should be encouraged or required to exit the market, transferring assets to larger-scale providers.“Is regulatory intervention required to facilitate this,” the consultation asked, “or can it be achieved through existing market forces?”The idea of mandatory consolidation within the pensions sector appears to enjoy the backing of former pensions minister Ros Altmann, who told IPE earlier this year she would like to “see more mergers of schemes to get economies of scale”.“We’ve started on that in local authorities, and there is room to go for small DB [defined benefit] schemes in the private sector,” she said. “I would expect to see more of that.”As Altmann noted, consolidation has most recently been put into action within the local government sector, where English and Welsh funds are in the process of pooling assets into eight distinct arrangements with up to £35bn (€40.7bn) in assets. TPR itself has previously argued only larger-scale funds should be used for the purposes of auto-enrolment, by default encouraging the growth of larger and better-governed providers, while the opposition Labour party suggested in 2013 the regulator be given powers to bring about consolidation in the defined contribution (DC) sector.However, the notion this should be expanded to the DB sector is a new one for the UK, where the Pension Protection Fund acts as a consolidator by absorbing the schemes of failed companies, growing to £23.4bn (€29.7bn) in assets as a result.To a lesser extent, the de-risking of UK DB provision – and the transfer of assets to insurance companies – is also acting to consolidate the sector’s assets.In the Netherlands, the regulator has long supported the benefits of scale.As a result, the number of schemes in the market has fallen by nearly half over the last decade as schemes join forces with larger ones – such as SPF, the €14bn pension fund for railways, and SPOV, the €3.4bn pension fund for public transport’s planned merger.Ireland has also begun discussions about how the market should be rationalised, ahead of the expected rollout of auto-enrolment reforms. TPR did not offer up any potential solutions on how consolidation should be brought about, instead asking the industry for responses by 9 September.,WebsitesWe are not responsible for the content of external sitesLink to TPR’s ‘Raising the Bar’ discussion paper
Sweden’s AP7 has started a tender process for a global custodian, offering a five-year contract, according to a notice on the TED EU tenders site.The SEK460.1bn (€43.8bn) national pension fund said price was not the only criterion for selecting a custodian for the pension assets, and that the full list of criteria was given in the procurement documents alone.The deadline for the receipt of tenders and requests to participate is 13 May at a minute before midnight.AP7’s current global custodian is BNY Mellon, which has had the contract since 2014. AP7 runs the Såfa fund, which is the default option in Sweden’s Premium Pension System. Earlier this year it reported an average loss of 2.8% on the balanced fund last year, which was better than the result for private sector pension providers.The Swedish Finance Ministry has tasked pensions expert Mats Langensjö with devising a new framework for AP7, which is Sweden’s largest public sector pension fund.
“Yearly, people tend to do theirshopping when it is already a few days before Christmas Day or New Year’s Daybut then, it would be best if they do it early,” Fernando added. “So far last week, the DTI personnelhave monitored 11 establishments in San Jose de Buenavista,” said Fernando.(With a report from PNA/PN) “Christmas lights that are consideredcertified bear the Philippine standard (PS) mark and the import commodity clearancesticker,” Fernando said. Glen Fernando, trade and developmentspecialist of DTI-Antique, on Wednesday said consumers should shop early,considering that many establishments were having promotional sales. The PS mark is a proof that theproduct has passed the Bureau of Product Standard inspection. Fernando said DTI-Antique hasintensified its monitoring of Noche Buena products to check if theestablishments adhere to the suggested retail price (SRP). A store in Antique offers promotional discounts as Christmas Holiday draws near. The Department of Trade and Industry in the province advised consumers to shop early to avoid the Christmas rush. PNA/ANNABEL CONSUELO J. PETINGLAY “So far, we have monitored the stores’strict adherence to the SRP,” he added. SAN JOSE, Antique – The Department ofTrade and Industry (DTI) here advised consumers to shop early to avoid theChristmas rush.
Those surviving who will cherish Andy’s memory include his parents, Hoss and Peggy Race; siblings, John (Trisha) Race, Cathy (Dutch) Stockhoff, Susan (Aynsley) Ball, and Ann (Shane Ochs) Race; 8 nieces and nephews, and numerous other relatives and friends. He was preceded in death by his grandparents, Rudy and Betty Race, and Charlie and Eileen Fledderman, an uncle, Roger Race and a cousin, Ryan Raines. Friends may visit with the family on Thursday, January 18, 2018 from 4 until 8 p.m. at Cook Rosenberger Funeral Home, 929 Main Street, Brookville. A Mass of Christian burial will be held Friday at 10:30 a.m. at St. Michael Catholic Church. Burial will follow at Saints Philomena and Cecilia Cemetery, Oak Forest. Andrew Lee Race, of Brookville, was born on November 28, 1979 in Oxford, Ohio, the son of Robert “Hoss” and Margaret “Peggy” Fledderman Race. He graduated from Franklin County High School in 1998 and was most recently working as a carpenter. He loved cooking, traveling and had an adventure for life. Andy enjoyed sports – his favorite teams being Butler, Florida State, and anyone playing Alabama. He adored spending time with his nieces and nephews as they meant the world to him. On Thursday, January 11, 2018 at the age of 38, Andy passed away at his residence. Memorial contributions can be directed to the Hope House in Richmond, 275 Grove Road, Richmond IN 47375 or for Masses. To sign the online guestbook or to leave a personal condolence, please visit www.cookrosenberger.com. The staff of Cook Rosenberger Funeral Home is honored to care for the family of Andy Race.
Pit passes are $35. Pill draw is $10. IMCA Modifieds race for $1,000 to win their June 27 Fast Shafts All-Star Invitational ballot-qualifying feature. Top prize for the Karl Kustoms Northern SportMods is $700. Pit gates open at 3 p.m. and racing starts at 6 p.m. Grandstands remain closed and a limit of five people will be allowed into the pit area, including the driver, per race team. The event will be broadcast on pay per view. BAKERSFIELD, Calif. – Bakersfield Speedway returns to action this Saturday with the Richie McGowan Memorial special. Information about the draw/redraw show is available on Facebook or by calling 661 393-3373.
North Decatur High School Girls Varsity Volleyball beat Morristown High School 3-2. 26-24, 25-14, 15-25, 20-25, 15-6ND JV & Varsity picked up wins tonight on the road! JV quickly won in 2 sets with scores of 25-7 & 25-11! Everyone contributed tonight which was great to see. Erin Schwering had 7 kills, Sammi Luttel 6 aces, and Lainey Crites 12 assists!Varsity won the first two sets, struggled in the 3rd & 4th and then rallied in the 5th set to clinch another conference win. We passed the ball well tonight and our defense was tough, however, all hitters at times struggled to keep the ball in play. We also missed multiple serves. Great to get the win but still lots to improve on! Chargers Scoring: Kara Muckerheide set 140/143 with 37 assists, 5 blocks and 16 digs; Olivia Bohman added 4 blocks, 15 kills and 17 digs; Emma Luttel 6 kills and 4 aces; Erika Kramer 10 kills and 4 aces; Madelyn Bohman 5 kills and 14 digs. Courtesy of Chargers Coach Ashley Gauck.
Oaklawn president Louis Cella says that because of the large number of 3-year-olds wanting to run in the 84th edition of the race, the track didn’t want to see any of them left out.___Italian Premier Giuseppe Conte has announced that professional sports teams can resume training on May 18.The move means that the Serie A soccer league could resume playing games in June.Serie A has been suspended since March 9, when the government ordered a nationwide lockdown. The Cleveland Indians will pay regular salaries to full-time employees through June 30, but the club has had to furlough others due to the COVID-19 outbreak.The team said senior executives took “voluntary salary reductions” to ensure the team could continue to pay staffers. The Indians confirmed they have furloughed “many of our part-time employees and interns.” Those will take effect on May 1.The Indians are one of the few teams to guarantee full-time workers their salaries through June.MLB Commissioner Rob Manfred told teams last week he was suspending non-player personnel contracts on May 1. Many teams agreed to pay employees through May.Baseball has been shut down since March 12 and the start of the season remains unclear. Twelve rounds remain in Serie A, plus four other games that were postponed from the 25th round. The Italian Cup was suspended after the first leg of the semifinals.Conte also said that athletes in individual sports can resume training on May 4.___Premier League club Everton says it is “appalled” striker Moise Kean flouted the British coronavirus pandemic lockdown restrictions by partying at home with guests.The Italian filmed himself breaching social distancing regulations and is set to face disciplinary action. The Daily Mirror newspaper says the video was posted to friends on social networking site Snapchat. Everton says it was “appalled to learn of an incident in which a first team player ignored government guidance and club policy in relation to the coronavirus crisis. The club has strongly expressed its disappointment to the player and made it clear that such actions are completely unacceptable.”The northwest England club says it has been stressing to staff the importance of following government rules to help the National Health Service deal with the COVID-19 outbreak.The 20-year-old Kean has failed to impress in his debut season in England, scoring just once in 26 games for Everton.The Premier League has been suspended since last month.___ “Be creative. Try to figure it out,” the Democrat said during his briefing Sunday. “But if players could get paid more than staying home and owners would get some revenue versus total shutdown, why not? I’d love to watch.”Cuomo says he has spoken with owners of professional sports teams, but he did not identify which ones. They would have to make the economics work without gate revenue but with broadcast revenue.“It would have to be up to them, that they do an economic analysis that says, yeah, some revenue is better than no revenue, and my players are willing to negotiate a contract reduction,” Cuomo said. “Everybody has to think outside the box, right? Because there is no box.”___The Professional Bull Riders returned from a 41-day break this weekend in Guthrie, Oklahoma, for an Unleash The Beast event originally scheduled for Las Vegas. The two-day competition at Lazy E Arena was closed to fans to prevent the spread of the coronavirus.Fabiano Vieira won the competition with the only 3-for-3 performance. The 37-year-old Brazilian opened Saturday night with an 87.25-point ride on Uncle Gangster, leaving him third after the first round. He covered Flight Risk for 86 points in the second round Sunday to take the lead and secure the first pick in the championship bull draft. Vieira selected Bullseye and had an 89.5-point ride.Vieira earned $11,000 and 104 points to jump from 14th to ninth in the season standings.The PBR also plans to stage two-day events at the Lazy E on May 9-10 and 16-17.___ More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 ___For the first time, the Arkansas Derby will be run in two divisions next weekend. Both will carry the full 170 qualifying points for the Kentucky Derby.The race was originally set to have a $1 million purse. Now, each division will be worth $500,000.A total of 22 horses are expected to run on Saturday between the two divisions, including winners of the Breeders’ Cup Juvenile, Rebel Stakes, Tampa Bay Derby and Louisiana Derby.Oaklawn Park in Hot Springs has been racing without fans since March 13 because of the coronavirus. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___New York Gov. Andrew Cuomo says he can envision baseball games being played without fans this summer at Yankee Stadium and the Mets’ Citi Field. Associated Press April 26, 2020 The Latest: Cuomo can envision baseball in NYC this summer
The Milwaukee Bucks had a historic regular season this year. Achievements such as a 60-win regular season, a potential MVP performance from Giannis Antetokounmpo and strong performances from his supporting cast helped the Bucks secure the No. 1 seed in the Eastern Conference playoffs. As the NBA regular season drew to close Wednesday night, the Bucks will have the pleasure of taking on the eighth-seeded Detroit Pistons in the first round.The Bucks are the East’s top seed for several reasons. First, Antetokounmpo made yet another substantial leap in developing his game this season. The Greek Freak was undoubtedly the league’s most dominant force from start to finish, with many now comparing him to a young Shaquille O’Neal. Even Antetokounmpo’s outstanding stat line of 27.9 points per game, 12.5 rebounds and 5.9 assists per game does not do him justice — you simply have to watch him play to truly appreciate his presence on the court.New Bucks arena will boost Milwaukee economy, moraleAs the NBA regular season draws to a close, the Bradley Center, home of the Milwaukee Bucks, will close its Read…Despite playing without key role players Malcolm Brogdon and Nikola Mirotic for much of the season, the Bucks’ core supporting cast — Brook Lopez, Khris Middleton, Eric Bledsoe — has consistently enhanced the team’s offense, especially in 3-point shooting. As a result, the Bucks lead the NBA in points per game with 118.1. Furthermore, the Bucks defense has been stalwart and finished first in net defensive rating, which measures a team’s efficiency preventing the other team from scoring.Meanwhile, the Detroit Pistons have limped their way into the playoffs, losing four out of six games to close out the regular season. Their best player, Blake Griffin, suffered a knee injury, and as of now Head Coach Dwane Casey is unsure if his star is playing in game one Sunday. Although he will probably end up playing, his injury is going to have a negative effect on his performance. Along with Griffin, the Pistons feature center Andre Drummond, whose 15.6 rebounds per game led the league this season. Drummond is a large presence in the paint, while guard Reggie Jackson provides a solid third scoring option for Detroit. A major weakness for the Pistons is their bench production and mediocre defense. The Pistons finished 25th in points per game and 12th in defensive rating. Milwaukee exposed Detroit’s debilities during the season having swept their regular season series with the Pistons 4-0.Bucks in six? All eyes toward playoffs in MilwaukeeThe Milwaukee Bucks currently sit as the No. 6 seed in the Eastern Conference just one game ahead of the Read…The X FactorThough Antetokounmpo could probably single-handedly defeat the Pistons, having support from his fellow starters and the deep Bucks bench will be crucial in the first round. Middleton and Bledsoe must contribute consistent scoring to overwhelm the Pistons’ defense. Additionally, Lopez must continue to drain 3-point shots to distract the Pistons’ defense from Antetokounmpo. Bench players like George Hill and Pat Connaughton have shown flashes of offensive capability. If they can be consistent with their scoring, the Bucks will have no problem defeating the Pistons.Prediction: Bucks 4 – Pistons 0
British number one Konta beat Colombia’s Mariana Duque-Marino in straight sets.Watson needed a decider to get past Misaki Doi from Japan.