France’s Sacra latest to launch new FRPS pension vehicle

first_imgBaumann told IPE that Sacra’s FRPS would have an investment portfolio of around €3bn, which would benefit from prudential treatment more compatible with the long-term character of its liabilities than that under Solvency II.The new occupational pension vehicles are subject to a regulatory framework combining elements of the first IORP directive and Solvency II. Most notably, the new pension funds are exempt from the latter’s capital charges and other financial requirements. Baumann said the FRPS framework “kept the best of both prudential regimes”.The government has previously said a shift to the FRPS regime could unlock “several dozen billion euros” to invest in companies, mainly through equities.A regular complaint about the Solvency II framework is that it discourages long-term investments.The European Commission is currently working on amendments to a Solvency II rule and yesterday the chairman of the European Parliament’s economic and monetary affairs committee reiterated its support “for a reduction of the current risk margin in order to boost the financing of the real economy and to encourage the insurers to invest in long-term projects”.The other two insurance entities that have turned to the FRPS framework have, or are planning to, set up an FRPS as a separate entity.Aviva France has been given approval to set up will be a €4bn fund, while healthcare provider Malakoff-Médéric has also sought authorisation to create an FRPS, which it has named MM Retraite Supplémentaire.Sacra was established in 1995 to act as the provider for the closed occupational pension plan for the insurance sector, set up in 1962. A third French insurance entity has moved pension assets out from under Solvency II and into a new occupational pensions vehicle.ACPR, the French prudential regulator, last month granted Sacra permission to operate as a “fonds de retraite professionelle supplementaire” (FRPS), the vehicle ushered in by a 2016 law known as “loi Sapin”.Stève Baumann, chairman of Sacra’s board, said that by creating the FRPS the insurance sector remained “cutting-edge”, having already been a pioneer when it set up a funded pension scheme in 1995.Sacra had “innovated by transforming itself entirely into an FRPS”, he added, indicating this was possible because Sacra only had a single contract, with FFA, the French insurance federation.last_img read more

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Dodgers’ Logan Forsythe returns to lineup after missing 30 games

first_imgWhile Forsythe was on the DL, Taylor emerged as a surprising contributor offensively. He hit .333 with five home runs and 16 RBI in 29 games and has been working out in the outfield with Dodgers coach George Lombard to give Roberts another option for getting Taylor into the lineup. The experiment started in spring training and Taylor looked out of place in the outfield during Cactus League action. Taylor also played the outfield in three games for Triple-A Oklahoma City before his promotion and Roberts said he sees improvement.“I think we’re past the point of just an emergency situation,” Roberts said. “I keep my eye on him out there and he’s working hard to get reads. The lines to the baseball are getting much better. He’s getting more comfortable. The training wheels are coming off, so we’ll probably see him in the outfield shortly.”Toles surgeryDodgers outfielder Andrew Toles underwent surgery to repair a torn ACL in his right knee Tuesday. Toles suffered the injury on May 9 in a game against the Pittsburgh Pirates. Surgery was not scheduled immediately in order to allow swelling to subside in the injured area.The procedure was performed by Dodgers team physician Dr. Neal ElAttrache and will sideline Toles for the remainder of the season. Toles batted .271 with five home runs and 15 RBI in 31 games before the injury.AlsoReliever Josh Ravin was returned to Triple-A Oklahoma City in order to clear a roster spot for Forsythe to come off the DL.Tuesday was the first of seven games in the next 10 days between the Dodgers and the St. Louis Cardinals. It is also the first of 16 consecutive and 19 of 22 against teams with winning records.Going into this stretch, the Dodgers were 8-11 against teams currently over .500, 18-8 against teams under .500.“We’re looking forward to it,” Roberts said of the challenging schedule. “But for us, it’s more about how we play.” LOS ANGELES >> If he hadn’t injured his toe, Logan Forsythe probably would have played through his hamstring issues. And if he didn’t have those hamstring issues, he probably would have returned from the toe injury sooner.The combination, however, kept Forsythe on the sidelines for 30 games before he was activated from the DL on Tuesday and returned to the Dodgers’ lineup for the first time since April 18.“I’m just happy to be back,” Forsythe said. “The toe thing was unfortunate. It was just one of those injuries that’s out of your control. It’s part of the game, but it’s tough because you work hard to stay on the field, and things like that can take you off it.”Forsythe said he felt some tightness in his hamstring the day before being hit by a pitch in the big toe of his right foot. He would have tried playing through the hamstring issue but a hairline fracture in the toe made that unnecessary. The early prognosis was that he could return from the toe fracture in two weeks. But he had to shut down a rehab assignment when the hamstring tightness flared up. On the bright side, it gave his toe more time to heal. But, it delayed his return by another two weeks. “Yeah. I think the hamstring was just going to be a day-to-day thing,” Forsythe said. “I just think it got away from us a little bit. With the down time and then trying to get back up and do things, we just never really nipped it in the bud.”After getting off to a .229 start in his first 10 games as a Dodger, Forsythe was 5 for his last 9 with a double before getting injured.“It’s unfortunate when you go down and you kind of feel like you’re finding your swing and you’re finding the groove of things,” he said. “But it’s a long season. That feeling will come back.”Forsythe went to the DL as the Dodgers’ primary second baseman. He returns as their temporary third baseman. With Justin Turner on the DL, Dodgers manager Dave Roberts said it will be a three-way rotation among Forsythe, Chase Utley and Chris Taylor at second and third base. Utley will only play second base and only against right-handed pitching. Forsythe will “ease” back into every-day play at third base for the time being. Taylor will be the swing man between both positions.“I’m just happy to be back and contributing,” said Forsythe, who played third base in college and early in his career with the San Diego Padres. “If that means moving around for awhile, I’m all in.”center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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Stadium Grbavica got Green Light for International Matches

first_img[wzslider autoplay=”true”]FC Zeljeznicar, ending with predicted deadline for completion of works, the 31st of May, 2016, fulfilled all requirements in accordance to UEFA Regulations regarding categorization of stadiums.That means that the Football Federation of BiH and UEFA ranked Grbavica stadium in the 2nd category which permits playing international matches of first and second qualifying rounds of UEFA club tournaments, Champions league and European league, as well as qualifying matches of BiH national teams, excluding seniors.FC Zeljeznicar fulfilled 14 requirements in accordance with UEFA Regulations regarding categorization of stadiums in predicted deadline: Assessment of floodlight power, acquisition of aggregate for alternative energy source, installation of two additional masts, construction of room for delegates, construction of parking space for cars of officials and VIP people, adaptation of ambulance, adaptation of doping control room, installation of west stand steel construction, construction of control room, adaptation and construction of workspace for media, construction of TV studio, adaptation and construction of sanitary facilities, construction of room for first aid and installation of new chairs on north, west and south stand.By the 15th of June, FC Zeljeznicar will fulfill requirements of Ministry of Interior of Canton Sarajevo which are related to security conditions on Grbavica stadium (guardrail above south stand, backstop to disable object throwing by fans and construction of entrance for spectators on south stand).After the end of first phase of the project and construction of east stand in September 2016, management of FC Zeljeznicar will continue to invest in infrastructure and improvement of conditions for spectators on stadium in order to create conditions for ranking of Grbavica stadium in 3rd category, so that Grbavica finally becomes home of “A” representation of BiH.“Projects, which will be realized among others, are construction of south stand, installation of closed electronic system for ticket control on all entrances and installation of surveillance system on stadium”, as stated from FC Zeljeznicar.(Source: Radiosarajevo.ba/Photo: avaz.ba)last_img read more

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How to speed up the Opera web browser

first_imgHow to speed up the Opera web browser by Martin Brinkmann on February 14, 2017 in Opera – Last Update: August 05, 2019 – 19 commentsThe following guide provides you with information on how to speed up the Opera web browser to improve performance and your overall experience.The “new” Opera web browser is a Chromium-based browser that shares much of its code with Google Chrome. While I have not seen many complaints about the performance or resource use of the browser, there is always room for improvement.The following tips may help you get the most out of Opera. It may be especially useful if you run Opera on a low end system with little RAM and a weaker processor.Speed up the Opera web browserFirst thing I suggest you do is go through the preferences of the web browser. This approach is the same that I used for the guide on improving the Vivaldi browser’s performance. The preferences are set for maximum compatibility usually and not necessarily best performance.Load opera://settings/ in the browser’s address bar to get started. You may want to enable the “show advanced settings” and “always show power user settings” options on the Settings page.BrowserSelect Browser on the Settings page. Make the following adjustments to it:On Startup — make sure Delay loading of background tabs is enabled. This improves the startup of the browser if the previous session is restored on start.Shortcuts — If you don’t use gestures, disable “enable mouse gestures” and “enable rocker gestures”.Personal News — If you don’t use the personal news feature, set the “check my sources for new content” value to never. Disable “show available news feeds on address bar” if you don’t require it.User interface — Disable “show tab previews” and, if you don’t use it “enable the search pop-up when selecting text”.Themes — Select a basic theme, e.g. the white background.Battery Saver — Battery Saver preserves battery when you are using Opera on a device on battery. It will reduce performance however to achieve that. If performance is more important to you, disable battery saver.WebsitesThe tweaks under websites depend largely on how you use the browser.Images — If you can live without images for the most part, consider switching the setting to “do not show any images”. This is not recommended for most users, but will improve page load time.Flash — Make sure Flash is either set to “click to play”, or “block sites from running Flash”. You can add exceptions for sites that you want Flash to run on.Privacy & SecuritySettings depend large on usability here. You may want to consider enabling ad blocking, and disabling the following options under privacy:Predict network actions to improve page load performance.Help improve Opera by sending feature usage information.Automatically send crash reports to Opera.Fetch images for suggested sources in News, based on history.Other Tweaks and optionsOne thing you may want to do is open the built-in Task Manager to monitor memory and cpu usage of the browser, extensions, websites, and the gpu.It may pay off to keep the Task Manager window open while you use Opera like you would normally. Doing so may reveal bottlenecks or issues, for instance with installed extensions or sites loaded in the browser that impact the browser’s performance and speed.Opera, since it is based on Chromium, supports the same startup parameters like Chromium, Chrome or Vivaldi for the most part.The following startup parameters may improve the browsing performance. They are the same that improve the speed of the Vivaldi browser.-process-per-site switches from a process per tab model to one that is lighter on resources by bundling all pages of a site into a single process. This saves you memory if you open multiple pages on the same site regularly.-disk-cache-dir=z:\opera\ –disk-cache-size=104857600 moves the disk cache to another drive, and sets it to 100 Megabyte. Especially useful if moved to a faster drive, or a RAM disk. -enable-low-end-device-mode improves memory consumption by making tweaks that benefit lower end devices the most.-enable-low-res-tiling improves performance when scrolling on low end devices.While you may run Opera with these parameters manually, you may want to add them permanently to the browser’s shortcut to improve usability.You have to right-click on the Opera icon in the taskbar on Windows (or Start Menu, or Desktop), and either select properties right away, or right-click on Opera again before properties becomes available.Add the startup parameters to the end of the target field, and make sure that there is a space between Opera’s file path and name, and the parameters.Here is an example: “C:\Program Files (x86)\Opera Developer\launcher.exe” –enable-low-end-device-modeNow You: Feel free to share your Opera speed up tips in the comments below.SummaryArticle NameHow to speed up the Opera web browserDescriptionThe following guide provides you with information on how to speed up the Opera web browser to improve performance and your overall experience.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisementlast_img read more

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