Tesco drops DB pension fund in favour of defined contribution offering

first_imgUK supermarket Tesco has confirmed the closure of its defined benefit (DB) pension fund for staff and the creation of a 7%-matching defined contribution (DC) replacement by November.The £8.1bn (€11bn) Tesco Pension Scheme was one of a handful of open DB schemes among the UK’s largest employers, with the company opting to use the career-average salary deal to comply with auto-enrolment.The company, however, after running into financial difficulty, told investors in January it would consult on the closure of the scheme to future accrual.Tesco said it would now offer a matching DC scheme, with employee contributions of between 4% and 7% matched by the supermarket.  It will also seed DC saving pots with one week’s earnings for staff, or a minimum of £100.The supermarket, which once accounted for close to one-third of all grocery spending in the UK, will now also offer life assurance of five times an employees salary, after originally proposing four.Consultation began in June after the scheme’s triennial review revealed a nearly 200% increase in the scheme’s deficit.With trustees of the scheme, Tesco approved a new £270m annual deficit-reduction payment, which came as the company faces investigations in the US and the UK over its accounting.The valuation showed the deficit rising from £934m in 2011 to £2.8bn in 2014, with its financial statements showing a £3.9bn deficit on an IAS 19 basis.At the time, Tesco cited the impact of an 80-basis-point fall in corporate bond yields.A Tesco spokesperson said the supermarket was committed to offering retirement benefits for its staff and that it had listened to the concerns from staff and trade unions.The Union of Shop, Distribution and Allied Workers (USDAW) said it worked to gain a number of concessions when it began negotiating with Tesco earlier this year.Joanne McGuinness and Pauline Foulkes, of the USDAW’s national offices, said the union had worked hard to ensure the scheme remained competitive for staff in the sector.“It’s always very disappointing to see a final salary scheme close,” they said.“USDAW believes occupational pensions are an essential part of any employment package and provide essential income in retirement for employees. We expect more information and detail to be available in October.”last_img read more

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Atalanta remind Sacchi of his Milan

first_imgFormer coach Arrigo Sacchi says Atalanta’s attacking duo Josip Ilicic and Papu Gomez reminds him of his Milan forwards Ruud Gullit and Marco van Basten.Advertisement Loading… Sacchi, who led the Rossoneri to two European Cups, two UEFA Cups and one Scudetto at the end of the 1980s, has claimed the Atalanta players remind him of the stars at the time.“I think of Ilicic or Papu Gomez,” he told La Gazzetta dello Sport. “Who put their qualities at the service of the group.Read Also: Gerrard reacts to Liverpool’s first ever Premier League silverware“Even in my Milan, Gullit, [Franco] Baresi and Van Basten worked hard for the team. And thanks to the help they received through teamwork, they improved their personal performance.”Atalanta currently sit fourth in Serie A and are through to the quarter-finals of the Champions League this term.FacebookTwitterWhatsAppEmail分享 last_img read more

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Intermoia Leads West Florida to Victory

first_img Oct. 8, 2007 Box Score  MEMPHIS, Tenn. – Led by a pair of goals from Nolan Intermoia, West Flordia (11-1-0, 3-0-0 GSC) remained unbeaten in Gulf South Conference play as they bested Christian Brothers (7-4-1, 0-2-1 GSC) 2-0 Sunday afternoon at Signaigo Field on the Buccaneers campus.Intermoia first goal came in the 38th minute when he headed in free kick sent in by Ben Woodland, giving the Argonauts a 1-0 halftime lead.The action turn physical in the second half with 23 of the game’s 30 fouls and four of the game’s five yellow cards coming in the final 45 minutes.Intermoia’s second goal of the fixture came in the 83rd minute of action. The Pensacola native carried the ball down the field and laid the ball to Jay Mainville at the top of the box. Mainville returned it after Intermoia who made an overlapping run and dribbled the keeper for the goal. It is Intermoia’s third goal in the last two contests.West Florida has not lost on the road this season in six matches one shy of the school record set in 2001. The Argonauts have not lost since their opening match a span of 11 games two away from the record set last season.The Argonauts will remain on the road for the next two matches as they travel to Alabama-Huntsville on Friday and Delta State on Sunday. “Live Stats” will be available for both matches. Print Friendly Version Share Intermoia Leads West Florida to Victorylast_img read more

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Spain confirm return of Luis Enrique as coach to Qatar World Cup

first_imgRelatedPosts Spain re-appoints Luis Enrique as coach Luis Enrique quits as Spain coach  Luis Enrique to quit, Moreno taking over – Marca The president of the Spanish Football Federation, Luis Rubiales, on Tuesday said that Luis Enrique would return to his job as Spain coach including the Qatar World Cup in 2022.In a news conference Rubiales said “Luis Enrique wants to, and I am grateful that he does, take charge of Spain until the 2022 World Cup in Qatar.“We sat here in June to say that (Robert) Moreno was taking over (from Luis Enrique) but we have always been very transparent that the door was open for Luis Enrique if he wanted to come back.’’Moreno was an assistant coach with Spain but he took charge in June when Luis Enrique resigned to care for his nine-year-old daughter before she died of bone cancer in August.  Tags: Luis EnriqueLuis RubialesQatar World Cuplast_img read more

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Florida Man Sings and Reads to Relax Alligators During Pandemic

first_imgOne Florida resident is taking time to bring comfort to reptiles who are disoriented by the pandemic.Michael Womer is known as the “Gator Crusader.”He regularly posts videos in which he gets extremely close to alligators during live shows.Wormer explains that he has loved alligators since childhood, even going so far as telling his high school counselor that he wanted to perform with gators at that time.He recently shared with our news partner, WPTV NewsChannel 5, what changes he has made during the challenges of recent months, and whether he believes that alligators can sense the difference.Typically, Womer performs with a gator show in central Florida.His videos show him performing stunts and even reading to the alligators.According to Womer, alligators can tell something is different when they are not many people around them.“They don’t know exactly what’s happening, but they do register something is going on,” he said. “In order for an alligator to eat out in the wild, they have to be very observant. They are smarter than most people think.”Additionally, he explains that the change in the reptiles’ behavior was obvious in the first couple of days.“The first day or two, I had one or two that would just kind of sit in the back of the pen like, ‘I don’t know what’s happening. It’s weird,’” he said. “I started singing to them. I read them books. I talk to them, and then all of a sudden, they’re like, ‘All right. I know this guy. It’s OK.”The change in his personal work has provided Womer with an opportunity to reach a more global audience through streaming and posting his videos on YouTube.last_img read more

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Ellsworth High School unveils 2019 fall sports schedule

first_img Ellsworth runners compete in virtual Boston Marathon – September 16, 2020 ELLSWORTH — The first competitions are still more than a month away, but the Ellsworth football, soccer, volleyball, cross-country and golf teams know when and where they’ll play in 2019 after the school unveiled its fall sports schedule Friday.Below is a list of Ellsworth’s games, matches and meets for the upcoming fall sports season, which will begin with the first day of practices Aug. 19. Times and dates for all events are subject to change.FootballAfter seven years of 11-man football, Ellsworth/Sumner has switched to the eight-man version of the sport for the 2019 season. The Eagles are one of 10 teams participating in the new format, which was approved in April.This is placeholder textThis is placeholder textEight-man football means a brand-new slate of opponents for Ellsworth/Sumner, which is scheduled to open its season at home Sept. 6. The Eagles play home-and-homes against Yarmouth and Gray-New Gloucester with other contests pitting them against Maranacook of Readfield, Mount Ararat of Topsham, Sacopee Valley of Hiram and Traip Academy of Kittery.Game 1: 6 p.m. Sept. 6, vs. YarmouthGame 2: 6 p.m. Sept. 13, vs. Gray-New GloucesterGame 3: 1 p.m. Sept. 21, @ Mount AraratGame 4: 7 p.m. Sept. 27, vs. Sacopee ValleyGame 5: 7 p.m. Oct. 4, @ MaranacookGame 6: 7 p.m. Oct. 11, vs. Traip AcademyGame 7: 6 p.m. Oct. 18, @ YarmouthGame 8: 6 p.m. Oct. 25, @ Gray-New GloucesterBoys’ soccerA young Ellsworth boys’ soccer team finished strong in the second half of the season last year with wins over Hermon, Foxcroft and Mount Desert Island. With many of last year’s sophomores and juniors back for another go, the Eagles will look to build on that late-season success in 2019.Ellsworth opens the season Sept. 7 against Caribou when it plays the second game of a doubleheader featuring both schools’ boys’ and girls’ teams. The Eagles host Presque Isle for Senior Night on. Oct. 9.Game 1: 4 p.m. Sept. 7, vs. CaribouGame 2: 4 p.m. Sept. 10, @ George Stevens AcademyGame 3: 6 p.m. Sept. 12, vs. HermonGame 4: 4 p.m. Sept. 17, @ Old TownGame 5: 1 p.m. Sept. 21, vs. Maine Central InstituteGame 6: 6 p.m. Sept. 23, @ FoxcroftGame 7: 6 p.m. Sept. 25, vs. GSAGame 8: noon Sept. 28, vs. John BapstGame 9: 6 p.m. Oct. 2, vs. Mount Desert IslandGame 10: 4 p.m. Oct. 5, @ CaribouGame 11: 5:30 p.m. Oct. 9, vs. Presque IsleGame 12: 11 a.m. Oct. 12, @ MCIGame 13: 6 p.m. Oct. 17, @ HermonGame 14: 6 p.m. Oct. 22, @ MDIGirls’ soccerEllsworth’s girls’ soccer team won seven games in 2018 to clinch the Class B North playoffs for the first time in five years. The Eagles will have high hopes once again this time around with the bulk of last year’s roster returning.The Ellsworth girls will play the same home-and-away schedule as the boys’ team, though most matchups are slated for different days. Senior Night for the girls’ team is scheduled for Oct. 8 against Presque Isle.Game 1: 2 p.m. Sept. 7, vs. CaribouGame 2: 4 p.m. Sept. 9, @ GSAGame 3: 6 p.m. Sept. 11, vs. HermonGame 4: 4 p.m. Sept. 16, @ Old TownGame 5: 11 a.m. Sept. 21, vs. MCIGame 6: 6 p.m. Sept. 24, vs. GSAGame 7: 6 p.m. Sept. 26, @ FoxcroftGame 8: 10 a.m. Sept. 28, vs. John BapstGame 9: 6 p.m. Oct. 1, vs. MDIGame 10: 2 p.m. Oct. 5, @ CaribouGame 11: 5:30 p.m. Oct. 8, vs. Presque IsleGame 12: 1 p.m. Oct. 12, @ MCIGame 13: 6 p.m. Oct. 16, @ HermonGame 14: 6 p.m. Oct. 21, @ MDIVolleyballEllsworth used a late-season surge last year to qualify for the Class B volleyball playoffs as the No. 9 seed. The Eagles are scheduled to open the 2019 season at home against Nokomis on Sept. 5.Match 1: 5:30 p.m. Sept. 5, vs. NokomisMatch 2: 5:30 p.m. Sept. 9, @ ConyMatch 3: 5:30 p.m. Sept. 12, vs. BrewerMatch 4: 6 p.m. Sept. 17, @ GardinerMatch 5: 5:30 p.m. Sept. 20, @ Washington AcademyMatch 6: 5:30 p.m. Sept. 23, @ GSAMatch 7: 5:30 p.m. Sept. 26, vs. MDIMatch 8: 5:30 p.m. Oct. 1, vs. WestbrookMatch 9: 6 p.m. Oct. 3, @ BrewerMatch 10: 11:30 a.m. Oct. 5, vs. Washington AcademyMatch 11: 5:30 p.m. Oct. 10, vs. GSAMatch 12: 5:30 p.m. Oct. 15, @ MDIMatch 13: 5:30 p.m. Oct. 18, @ NokomisMatch 14: 5:30 p.m. Oct. 21, vs. ConyCross-countryThe Ellsworth girls’ cross-country team brought home its first state championship in 40 years last season with a first-place finish at the Class B meet in Belfast. The Eagles also enjoyed a strong campaign on the boys’ side, placing third at regionals and seventh at states.With seven girls and eight boys back from last year’s squads and a big crop of freshman incoming, Ellsworth is poised for a solid year again in 2019. The Eagles will open the season on their home course when they host the Ellsworth Invitational on Sept. 7.Meet 1: 11 a.m. Sept. 7, Ellsworth InvitationalMeet 2: 1 p.m. Sept. 14, Presque Isle InvitationalMeet 3: 4 p.m. Sept. 20, GSA InvitationalMeet 4: 1 p.m. Sept. 28, Old Town InvitationalMeet 5: 10:30 a.m. Oct. 5, Festival of Champions (Belfast hosts)Meet 6: 4 p.m. Oct. 11, Hancock County championships (Sumner hosts)Meet 7: noon Oct. 19, Penobscot Valley Conference championships (Searsport hosts)Meet 8: TBD Oct. 26, Class B North championships (Belfast hosts)Meet 9: TBD Nov. 2, Class B championships (Greely hosts)GolfThe golf team will be the first Ellsworth squad to start its 2019 season when it hosts Hermon on Aug. 28. The Eagles will play 12 regular season matches prior to the start of championship season in October.Match 1: 4 p.m. Aug. 28, vs. HermonMatch 2: 4 p.m. Sept. 3, vs. MDIMatch 3: 4 p.m. Sept. 5, @ John BapstMatch 4: 3:30 p.m. Sept. 6, @ Presque Isle/CaribouMatch 5: 4 p.m. Sept. 9, vs. Old TownMatch 6: 4 p.m. Sept. 11, @ FoxcroftMatch 7: 4 p.m. Sept. 13, @ HermonMatch 8: 4 p.m. Sept. 18, @ MDIMatch 9: 4 p.m. Sept. 20, vs. John BapstMatch 10: 3:30 p.m. Sept. 23, vs. Presque Isle/CaribouMatch 11: 4 p.m. Sept. 25, @ Old TownMatch 12: 4 p.m. Sept. 27, vs. Foxcroft Hospice volunteers help families navigate grief and find hope – September 12, 2020 MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 Latest posts by Mike Mandell (see all)center_img Latest Posts Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at mmandell@ellsworthamerican.com. Biolast_img read more

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Public to vote in FIFA player awards

first_img(Reuters)-FIFA will allow the public to vote in a rebranded version of its player of the year of the award, world soccer’s governing body said yetserday.The annual ceremony in Zurich, which until last year was jointly organised with France Football and known as the Ballon d’Or, would be renamed “The Best FIFA Football Awards” following a split with the French magazine, a statement said.Under the new system, half the votes would belong to the players and coaches of the world’s 211 national teams and half to the public, who will take part via an online ballot, and selected media representatives.“This event will be about football and its most passionate participants – players, coaches and fans,” said FIFA president Gianni Infantino.“It is a new event with new approaches to celebrating the game we all love.”Eight awards will be handed out altogether, including the best coach, best women’s player and women’s coach, the fair play award and fan award.Last year’s player of the year award, won by Lionel Messi ahead of Cristiano Ronaldo, saw apparently tactical voting by the players.Messi, voting as Argentina captain, picked his Barcelona team mates Luis Suarez, Neymar and Andres Iniesta and Ronaldo, voting as Portugal captain, chose his Real Madrid team mates Karim Benzema, James Rodriguez and Gareth Bale.last_img read more

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Barcelona Invites Chapecoense to Play Friendly in 2017

first_imgBarcelona has invited Brazilian club Chapecoense to play them in a pre-season friendly next summer.Nineteen Chapecoense players and staff were among 71 people killed in a plane crash as the team travelled to Colombia for the Copa Sudamericana’s first leg.The friendly would be for the Joan Gamper trophy, which is an annual match between Barcelona and an invited team. In a statement, Barcelona said they wanted to “pay tribute” to the victims and help Chapecoense recover.Barcelona said they wanted to make the Joan Gamper trophy “a great tribute to the world of football through various activities around this match”.“Along with the invitation to Chapecoense to the 2017 Joan Gamper Trophy, Barcelona would like to collaborate on the institutional and sporting reconstruction of the club, and help to recover the competitive level that it had,” they added.“Barcelona has today sent a formal letter of invitation to the current board of directors of Chapecoense.”Three Chapecoense players were among six people to survive the crash.One of the surviving players in the plane crash in Colombia is recovering and may be able to resume his career, his father has announced.Helio Hermito Zampier Neto, a 31-year-old defender for Chapecoense, was in a stable condition, doctors said, after surgery on a lung, a knee, a wrist and his head.Colombian officials say evidence is growing that the plane ran out of fuel.Miguel Quiroga, the pilot of the British-made Avro RJ85 aircraft, had been warned by an official at Santa Cruz airport, in Bolivia, where the plane took off, that he might not have enough fuel, Bolivian Deber newspaper said.But, despite the official’s concerns, he went ahead with the flight to Medellin. The country’s authorities have not yet commented.In a leaked tape, the pilot can be heard warning of a “total electric failure” and “lack of fuel”.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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Cardinal overcomes White

first_imgIn the Badger women’s hockey annual Cardinal-White scrimmage, the Cardinal team came out with a 3-2 win. It marked just the second time this year the women’s hockey team played together. Needless to say, the effects were evident. The Cardinal committed several miscues in its own zone that led to an early goal for the White.Just 26 seconds into the game, freshman Mallory Deluce fired a shot past the normally sure-handed goaltender, Jessie Vetter.As the game progressed, however, the mental mistakes dwindled and the Cardinal took over. Freshman Kelly Nash was a key contributor to the turnaround, notching two goals, including the game-winner with 5:05 left in the contest.Her first score tied the game at one apiece.Head coach Mark Johnson was pleased with his newcomer’s performance.”To see her out there looking comfortable, scoring some goals will help her confidence at such a young part of the season,” he said.With All-American and 2006 Patty Kazmaier Award winner Sara Bauer gone this year, Johnson is hoping his freshmen like Nash will be able step in.”Kelly (Nash), Mallory Deluce and Hillary Knight are three kids that come in with great credentials,” Johnson said. “We’re going to rely on those kids to play and play well.”In addition to the freshmen, the Badgers return several key players on offense, including sophomore Meghan Duggan, junior Erika Lawler and senior Jinelle Zaugg.Rather than implementing the typical rules when it comes to penalties — power plays — the teams were given penalty shots. Rather than using the penalty box, Johnson wanted to use the scrimmage to evaluate the younger players and their skills around the net.”It’s giving the kids an opportunity to be put in certain situations to play,” Johnson said.The game was a tune-up the Badgers needed before the season starts this weekend against Union College.Looking ahead, Wisconsin will face Robert Morris Oct. 5 in its home opener. Before the game, the Badgers will be presented with the national championship trophy for the second consecutive year.The unveiling of the championship banner and the presentation of the trophy are expected to draw a big turnout, which both the players and coaches will enjoy.”I love it when there’s a big crowd,” Nash said. “I always play better when there’s a lot of fans out there.”Johnson also hopes to use the crowd to his advantage.”Hopefully the kids will come out with some energy,” Johnson said. “That can be contagious.”— Kevin Hagstrom contributed to this report.last_img read more

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Syracuse’s man-up unit is having its best season in the last 35 years

first_imgUPDATED: April 26, 2016 at 7:35 a.m. Syracuse’s man-up attack makes defensive midfielder Scott Firman’s head spin. As the offense whips the ball around the field, Firman has the tough task of keeping one eye on the ball and trying to anticipate what the next move will be.“It’s in and out of each stick,” Firman said. “… It makes it hard (to defend), moving (the ball) that quick.”Fortunately for Firman, the only time he faces SU’s man-up is in practice when the score doesn’t matter and everything is relatively inconsequential. Unfortunately for Syracuse’s opponents, the Orange has managed a 53.3 percent success rate with an extra man in games that do count, good for third-best in the country.AdvertisementThis is placeholder textIt’s the highest percentage in team history, dating back to 1981 when SU’s oldest man-up statistics are available, beating out the 51.8 percent man-up attack from 1989 — Gary Gait’s junior season and a national championship year for SU.No. 4 seed Syracuse (8-4, 2-2 Atlantic Coast) will face top-seeded North Carolina (8-5, 3-1) at 6 p.m. on Friday in the first round of the ACC tournament in Kennesaw, Georgia, pitting its efficient man-up unit against UNC’s fifth-ranked man-down defense.“It’s been really effective, obviously, as you see by the stats,” SU attack Tim Barber said of the Orange’s man-up. “But I think just movement and trusting the guy next to you if he’s open give him the ball he’s going to finish the ball.”In 30 attempts with an extra man, the squad has scored 16 times. While SU only ranks 18th in the country for man-up goals, the success rate sits behind only Marist and Stony Brook at 60.9 and 54.9 percent, respectively.Each of the team’s top two point producers in Dylan Donahue and Nick Mariano lead the team with five man-up goals. They consistently cut backdoor without the ball as teammates cycle the ball around the perimeter to be open for feeds around the crease.With the Orange’s balanced offense, opposing defenses can’t just key in on one player.“They’ve got some good shooters,” Binghamton head coach Scott Nelson said. “They’re good players. They’re well coached. All the usual stuff.”The coaching came into play during SU’s first man-up chance against Binghamton on Wednesday. Syracuse head coach John Desko called timeout 46 seconds into the minute-long penalty, noticing that the Bearcats were shutting off Donahue and that his team was playing quickly when it didn’t need to.The result was a point-blank shot from Mariano that was saved on an open chance to the right of the crease, but Mariano later scored on an almost identical play on the team’s next man-up chance“I saw the openings,” Desko said. “… We just had to figure out what they were doing, explain to the guys how they were playing the defense and we had a bunch of a good opportunities on it and I think it helped us going forward with the other penalties.”Three of Syracuse’s last four opponents are in the top five for man-down defense percentage, including Hobart and Cornell, which are No. 1 and No. 2, respectively. North Carolina was No. 2 before SU went 2-for-2 against it.Re-watching the win over the Tar Heels left Firman with one thought: “It must suck playing against them in games. The movement is so fast and there’s no way that that team scouts and can replicate that.”The only team to stymie the Orange was Cornell, which held SU goalless on four attempts in a 10-9 overtime comeback win. Syracuse mustered five shots on the first two attempts in the second and third quarters. But on its two chances in the fourth, the Orange got just one shot off each time as Jordan Evans turned the ball over the first time and Donahue had a shot saved the second.“That that could have been the difference in the game,” Desko said. “If just one of those man-ups had gone (in) maybe it wouldn’t have gone into overtime.”The conference tournament starts on Friday and the NCAA tournament begins two weeks after that. With them comes the real challenge for what could ultimately be the most efficient man-up season for Syracuse lacrosse.In SU’s first two seasons in the ACC, the Orange man-up has been almost 12.5 percent less successful in conference and NCAA tournament games than all of its other games combined.“They have very slick and good shooters,” North Carolina head coach Joe Breschi said after the first meeting between the teams. “You look across the board at talent. They’re athletic and can shoot the ball so I think all six of (the players on the man-up), they put themselves in good opportunities.” Comments Facebook Twitter Google+center_img Published on April 26, 2016 at 1:02 am Contact Jon: jrmettus@syr.edu | @jmettuslast_img read more

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