The Lloyds Superannuation Fund (LSF) has completed a £40m (€46m) buyout with Pension Insurance Corporation (PIC), fixing the bulk annuity’s price over the four weeks leading up to the premium’s payment.The multi-employer fund providing benefits to workers of Lloyds of London saw its second-largest employer depart, resulting in four weeks of uncertainty as the related Section 75 (S75) debt – the share of the deficit tied to the departed employer – was calculated and settled.Danny Wilding, a partner at Barnett Waddingham, said the firm was pleased to help the fund “avoid a real financial cost in volatile market conditions” by agreeing the fixed price.He added: “We obtained a variety of approaches from different insurers and were able to recommend the flexible mechanism used by Pension Insurance Corporation.” LSF trustee chairman Eric Stobart said his board had a “clear objective” for the buyout, focused around minimising risk. He expressed surprise that no fund had employed the fixed rate before them.“As a ’last man standing’ scheme, any shortfall between the S75 premium and the buyout price would have to be met from the remaining scheme assets,” he said.“Once the exiting employer agreed to work with the trustee on this, we were pleased the hard work and innovative approaches of Barnett Waddingham and Pension Insurance Corporation meant we were able to agree a type of fixed premium mechanism within the short timescale available.”Matt Barnes, a senior actuary at PIC, said the company was pleased to have worked with the fund and Barnett Waddingham to tailor a solution to meet the requirements of the “unusual” transaction.In other news, the £15bn Pension Protection Fund (PPF) has appointed nine new managers to its global tactical asset allocation (GTAA) framework agreement following a tender earlier this year.The GTAA panel – previously only comprising Aspect, Bluecrest, Cantab and Winton Capital, as well as Neuberger Berman and QS Investors – was strengthened, as the GTAA investments needed to be spread more widely, according to executive director of financial risk Martin Clarke.Clarke noted that, when the panel was first appointed three years ago, the PPF was only managing £4.6bn in assets.“This enlarged panel will form part of our alternatives portfolio and provide a flexible approach to the growing needs of the business,” he said.He was also positive about the benefits of GTAA portfolios.“As an asset class, it tends to have enhanced diversification properties, which helps control the level of risk we face, and this fits in with our overall low-risk investment philosophy,” he said.The new panel will now also include AQR Capital Management, Arrowcrest Capital Partners, Bevan Howard, Caxton Associates, Fortress Capital, GMO, Harmonic Capital Parners, Man Investments and Two Sigma Investments
Stuff co.nz 14 February 2016Family First Comment: More justification for concerns about the HPV Vaccine. “Finally she was diagnosed with an autonomic nervous disorder… Research on the internet led her to other girls around the world displaying the same or similar symptoms. They all had one thing in common – Gardasil. Whether the vaccine triggered the problems or caused them is not proven.”“Isn’t it crazy that life can be one thing – and in an instant it can be changed forever,” a Timaru teenager blogged at the end of last year.Since then she has come to the conclusion that it was no coincidence she fell acutely ill after getting the HPV vaccine.Olivia, 16, cannot prove her belief is correct, despite going through 14 months of hell.A week after being vaccinated in July 2014 she become allergic to various foods. Then fatigue and breathing difficulties set in.Over the Christmas holidays she struggled to walk up stairs.“Following this I got shingles, had poor vision and was dizzy every time I sat up. So basically, I spent those summer holidays in bed.”Back at school in February, Olivia had a breathing episode and her legs failed to hold her weight. She was taken to Timaru Hospital but no diagnosis was forthcoming.“Not being diagnosed was the worst part. At this stage I thought I may never walk again.”For the next eight months she was in a wheelchair, as her legs were constantly tingling and all purple and blotchy-looking.Then her heart was affected and she kept blacking out, leading to a cardiologist sending her to Auckland’s Starship Hospital.Finally she was diagnosed with an autonomic nervous disorder. After a week of treatment she spent two months at the Wilson Rehabilitation Centre, also in Auckland.Research on the internet led her to other girls around the world displaying the same or similar symptoms. They all had one thing in common – Gardasil.Whether the vaccine triggered the problems or caused them is not proven.READ MORE: http://www.stuff.co.nz/timaru-herald/news/73963166/Olivias-long-road-back-to-health
Authorities are currently investigating after a woman and her dog were found dead inside of a lake in Weston, Florida.The pair were located Monday morning near the 500 block of Racquet Club Road.Broward County Sheriff’s spokesman Carey Codd told reporters that they were called to the area around 3:00 am after the victim’s husband reported her missing and said that he found his dog floating in the lake with a pair of what looked like his wive’s sandals.BSO divers were able to locate and retrieve the woman’s body a short while later at the bottom of the lake.Homicide detectives are currently investigating the incident, but reported that the body had no clear signs of trauma and that they do not suspect foul-play.
The Oakland Athletics have come to an agreement on a player development contract with Triple A-Las Vegas 51s through the 2020 season, according to a team release.The 51s will replace the Nashville Sounds as the team’s primary Triple-A team.“It is an incredibly exciting time to partner with the Las Vegas 51s,” said Athletics vice president Billy Beane in a statement. “Their ownership group is committed to providing a first-class environment for our players.”The move to Vegas is the closest an …
A man sanitizes his hands at the entrance to the media cafeteria in Gangneung, South Korea, Wednesday, Feb. 7, 2018. South Korean authorities deployed 900 military personnel at the Pyeongchang Olympics on Tuesday after the security force was depleted by an outbreak of norovirus. (Paul Chiasson/The Canadian Press via AP)PYEONGCHANG, South Korea — Signs posted around the Olympic venues urge extreme caution. Nine hundred troops stream into the area to help. Worried organizers sequester 1,200 people in their rooms.Officials are scrambling on the eve of the biggest planned event in South Korea in years — not because of anything related to North Korea and national security, but in an attempt to arrest the spread of norovirus at the Pyeongchang Games.ADVERTISEMENT Don’t miss out on the latest news and information. Local media are fretting over a “virus panic.” South Koreans, always quick to air their views online, have poured scorn on the government’s response and preparations. Are the games hygienic? What will people think about South Korea? Could this spread to the athletes?Norovirus fears may turn out to be much ado about nothing. But with a national reputation on the line, officials are scrambling to contain its spread. No one here wants these games associated more with disease than athletics in the manner that Zika, a mosquito-borne disease linked to a rare birth defect, loomed over the Rio Olympics in 2016.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutAccording to Olympics organizers, the norovirus spread began Sunday when private security workers staying in the Jinbu area of Pyeongchang started complaining of headaches, stomach pain and diarrhea.About 1,200 people were kept in their rooms during tests for the contagious virus. Local and national health officials say they have investigated 1,023 people. Games organizers said Wednesday that 32 workers are being treated for norovirus and are in quarantine, including three foreigners. The liberal Hankyoreh newspaper published an interview with an anonymous civil security staff member who said that the tap water at the facility that accommodated the security workers “smelled fishy, or like something was decaying.” The staff member was also quoted as saying that officials were remiss after workers began showing symptoms.The conservative JoongAng Ilbo newspaper, meanwhile, said in an editorial that the norovirus outbreak raises worries about hygiene at the Olympics, and whether the illness might reach the athletes because some of the security workers showing symptoms had reportedly worked at the athletes’ villages.“As the virus panic spreads fast, some of the infected people turned out to have handled security at the Olympic village,” the editorial said, “which rings alarms over the management of hygiene conditions during the games.” Typhoon Kammuri accelerates, gains strength en route to PH MOST READ Read Next LATEST STORIES John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding AFP official booed out of forum NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Harden surpasses 15,000 points as Rockets trip Nets 2 ‘newbie’ drug pushers fall in Lucena sting Slow and steady hope for near-extinct Bangladesh tortoises View comments Sports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games01:27Filipino athletes get grand send-off ahead of SEA Games00:45Onyok Velasco see bright future for PH boxing in Olympics01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Brace for potentially devastating typhoon approaching PH – NDRRMC Because the sick workers handled security, 900 military personnel have been brought in to work at 20 venues until the sick and sequestered can return to work. Officials are conducting an epidemiological survey to track the disease’s spread. A preliminary five-day survey of water for cooking and drinking has come up negative for norovirus. Health officials say they are also inspecting restaurants and all food facilities linked to the Olympics.Notices have been posted around the Olympics urging regular, 30-second hand-washing sessions and the thorough boiling of water and washing of fruits and vegetables, among other precautions.The virus spread appears to feed a lingering South Korean sense of worry that the games will be filled with glitches and mistakes. The lodgings and transportations will be shoddy; the food will be poor, the service spotty; the weather will be too cold and the venues inadequately heated. Instead of putting on the best games possible, there will be too much focus by the liberal national government on efforts to engage rival North Korea and cater to their visiting athletes and cheering squads.Despite the official response, South Koreans have criticized the allegedly poor preparations at the Olympics, and what they believe was a slow reaction to initial reports of the virus.Local media have reported that the first symptoms began on Jan. 31 — not Sunday, as organizers say — long before officials launched a fact-finding investigation. There have also been reports of bad hygiene at the accommodations and complaints about meals and lodgings.ADVERTISEMENT
Former India captain Sunil GavaskarFormer India captain Sunil Gavaskar refused to draw comparison between country’s most successful ODI captain Mahendra Singh Dhoni and his predecessors, but said that going by sheer record the wicketkeeper-batsman surpassed all his seniors.Dhoni registered his 91st ODI win as India captain, edging past Mohammad Azharuddin to become the most successful one-day skipper during his side’s emphatic nine-wicket win over England in the fourth match of the series in Birmingham yesterday.”If you look at stats after 50-100 matches it will give you a fair bit of idea about consistency of a performer. But what I feel is that is unfair to compare captains of different era,” Gavaskar said.”But going by sheer statistical record, Dhoni definitely tops all and no one can deny this fact. I feel may be he is much more comfortable in shorter formats. His strength is thinking quickly and 50-over format allows you to do that,” the batting legend told NDTV.He also hailed India’s ODI record in overseas soil but said according to him Test cricket is the mother of all formats.”They are certainly handling the conditions better in ODIs. They have won a lot of ODIs out of the country and have consistently performed in overseas conditions,” Gavaskar said.”In the three ODIs India have completely outplayed England. India definitely have done a lot better that what England did in the Test series.”But I haven’t forgotten the Test series drubbing because for me Test is always number one, it separates men from boys,” he said.advertisementGavaskar also hailed young Ajinkya Rahane, who smashed his maiden ODI century at Edgbaston to help India take an invincible 3-0 lead in the five-match series.”Rahane performed well here, he batted well in the earlier overseas series as well. I think he certainly showed he has the capability of batting in every circuit,” he said.
OSHAWA, Ont. – Another Humboldt Broncos player has signed with a hockey team at an Ontario post-secondary institution.Bryce Fiske, a 20-year old defenceman from La Ronge, Sask., has committed to play hockey for the Ridgebacks at the University of Ontario Institute of Technology this September.“I’ve been fortunate to see him play four times this year and Bryce is just a winner,” said Ridgebacks head coach Curtis Hodgins, who had flown out to Saskatchewan a couple times to watch some games earlier this year.He said he liked everything he saw in Fiske.“The first thing that jumped out at me the first time I saw Bryce was what a competitor he was,” Hodgins said in an interview. “He played the game tough, he played it hard — combined with the fact that he’s an elite skater.“He has some real good skills.”Fiske was one of 13 players injured on April 6 when the Humboldt junior hockey team’s bus and a semi-trailer collided in rural Saskatchewan. Sixteen people were killed.Hodgins said they were days away from offering Fiske a spot on the team when the crash happened.Fiske, who contacted Hodgins after determining he’s ready to play this fall, has enrolled in the faculty of business and technology at the university.He wasn’t available for an interview, but told the school that he’s looking forward to fulfilling his dream of playing university hockey.“It was my goal and I’m excited to see where the future takes me,” Fiske said in the university’s news release. “I grew up in a small town and started my career in La Ronge, my hometown, and later traded to Humboldt …which are two small junior hockey towns.”Fiske said he was in a bit of shock when he landed in Toronto on Monday, but was certain he’d adjust.“I’m excited and happy to be here,” he added.Last month, another player who was injured in the crash took his first steps to getting back on the ice.Kaleb Dahlgren, a 20-year-old from Saskatoon, has committed to play university hockey for the York Lions in Toronto.He also hopes to start school this year, but has said it will depend on whether his body is ready.Dahlgren suffered a fractured skull, a puncture wound in his head, a brain injury and six broken vertebrae in his neck and back.Two other teammates were paralyzed and another two suffered brain injuries.
Low-power circuit through parallel operation of control and detectionIn conventional MEMS accelerometers, a common electrode is used when alternately switching between control and detection operations. This method consumes much power as a high control voltage is required to switch between operations due to the short duration of the control period. In the proposed sensor, independent electrodes are provided for control and detection, and therefore control and detection operations can be performed simultaneously, and the high voltage required to prepare for control can be eliminated, resulting in a 40 percent reduction in control voltage required for the control operations.In evaluating the technology developed, it was found that the sensitivity (noise level 30ng/√Hz or less) required for sensors used in oil & gas exploration, could be realized with a power consumption of 20mW, which is approximately half that of conventional levels. As a result, it will be possible to apply MEMS accelerometers to situations which require a large number of high-sensitivity low-power sensors, such as the detection of extremely weak ground or building vibrations.Hitachi intends to apply this sensor to various applications including next generation oil & gas exploration, and infrastructure monitoring, to contribute to the realization of a comfortable, safe and secure society. Figure 2. Developed MEMS device structure. Credit: Hitachi Provided by Hitachi Figure 1. Control IC, detection IC and MEMS device in the accelerometer (left), moving mass inside the MEMS device (right). Credit: Hitachi Low-noise MEMS using a moving mass with unique perforationsMEMS accelerometers consist of a moving mass suspended by weak springs and circuits to detect and control movement. The circuits detect the movement of the mass generated by the vibration or the acceleration as electrical charge signals, and control the mass based on the signal to keep it to a balanced position, however, the noise caused by the air molecules colliding with the surface of the moving mass result in reduced sensitivity. In this development, unique perforations with different entry/exit diameters based on fluid dynamics analysis were made on the moving mass, consisting of an SOI substrate, resulting in a halving of air molecule collisions. Tiny sensor used in smart phones could create urban seismic network Hitachi Ltd. today announced the development of a high-sensitivity low-power MEMS accelerometer that can detect extremely weak ground and building vibrations by combining sophisticated MEMS technology with circuit technology. The sensor achieves a comparable sensitivity to that of sensors for oil & gas exploration (noise level 30ng/√Hz) with less than half the power consumption (20mW). Hitachi intends to apply this sensor to various applications including next generation oil & gas exploration, and infrastructure monitoring, to contribute to the realization of a comfortable, safe and secure society. Citation: High-sensitivity low-power MEMS accelerometer for detecting extremely weak ground and building vibrations (2018, February 16) retrieved 18 July 2019 from https://phys.org/news/2018-02-high-sensitivity-low-power-mems-accelerometer-extremely.html The progress over recent years in the fusion of OT (Operational Technology) and IT (Information Technology) has led to an increasing expectation on high performance sensors, which represent a key component. For example, in oil & gas exploration, sensors with three orders of magnitude higher sensitivity than automotive sensors are required as they need to be able to detect extremely weak underground reflection waves resulting from applied artificial earthquakes. Also, power consumption of these devices needs to be drastically reduced to enhance feasibility, as use-cases such as next-generation resource exploration may need to deploy sensors in the order of one-million at sites, or may require a battery-life of many years, as in infrastructure monitoring for bridges and buildings. In conventional MEMS accelerometers, however, it was difficult to achieve high sensitivity and low power consumption at the same time since power consumption increases proportionally to the square of the reduction in noise.To overcome this challenge, Hitachi developed a high-sensitivity low-power MEMS accelerometer by converging sophisticated combination of MEMS and circuit technologies. Features of the developed technologies are as follows. Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.