Registration is now open for the Citizens Bank Lake Champlain Dragon Boat Festival August 7

first_imgTeam registration is now open for the Citizens Bank Lake Champlain Dragon Boat Festival. This year’s festival is Sunday, August 7th at Burlington’s Waterfront Park. Each team is comprised of 21 paddlers who race head to head in 41 foot long dragon boats over a 300 meter course. Festival organizers encourage everyone to join together with your co-workers, friends, and family and form a team. No paddling experience is necessary, it’s all for fun, friendly competition, and raising money to fund programs to help friends and neighbors living with a cancer diagnosis. Online registration is easy. Just visit www.ridethedragon.org(link is external) for complete festival information and registration details. Every team gets a free one hour practice session in July. Space is limited so organize your team right away. The festival has become one of Vermont’s most popular summer events with over 20,000 paddlers and spectators annually. It’s all about community with entertainment, food vendors, a silent auction, raffles and more. The core of Dragonheart Vermont’s mission is to give back to the community and over the last five years the Lake Champlain Dragon Boat Festival has raised over $435,000 to support critical cancer programs in Vermont. This year, Dragonheart is expanding its community mission. With the on-going support of presenting sponsor Citizens Bank and other local businesses and organizations, the festival has set a goal to raise $250,000 to launch Survivorship NOW, a new Dragonheart Vermont initiative to help bridge the gap cancer survivors face between treatment and recovery. The Network on Wellness will promote opportunities for therapeutic treatments, strengthening programs, education, and networking to better serve cancer survivors in our community. The initiative has the strong endorsement of cancer survivors, doctors, and health care institutions in our area. The need is real and Survivorship NOW promises cancer survivors a network of services that will help them live well with cancer. Linda Dyer, Dragonheart Vermont, Executive Director:‘Our Dragonheart organization is excited about putting our efforts toward helping to promote more opportunities for wellness for cancer survivors in our community. As a breast cancer survivor and supporter organization, we have seen firsthand how valuable fitness, camaraderie, and connection can be. Our hope is that all cancer survivors in our community will have the chance to get the programs needed to live each day to the fullest.’ Marni Willams, Team Captain of Paddling in Vein states:‘We are honored to take part in the LCDBF for the 6th year in a row. Many of our members have been touched one way or another by cancer and we look forward to this opportunity to pay forward the efforts that have been made on behalf of those affected.’ Visit www.ridethedragon.org(link is external) for complete details.last_img read more

‘Excessive de-risking’ holding back long-term investment, IA warns

first_imgThe UK’s investment management association has unveiled an action plan aimed at boosting long-term investment to solve the country’s “productivity puzzle”.Its proposed actions include working with the UK pensions regulator and industry association to improve stewardship, as well as investigating whether pension funds are being forced to de-risk too much.The Investment Association (IA) said the UK government welcomed its action plan, referenced by chancellor of the Exchequer George Osborne in the 2016 Budget last week.It will formally update the chancellor on progress on the first and third anniversaries of the plan’s publication. The action plan, which aims to “catalyse the provision of long-term finance and enhance investor stewardship”, is built on an analysis of the barriers to long-term investment and the role investors can play in lowering these.Andrew Ninian, director of corporate governance at the Investment Association, said improving productivity required long-term investment by UK businesses.“The action plan seeks to deliver ambitious and achievable remedies to the ills of some of the most serious causes of short-term thinking in the British economy,” he said.“The investment industry remains steadfast in its commitment to play its part in fixing the UK productivity puzzle and help fix the challenge of our generation.”The plan has five principal objectives, underpinned by 12 recommendations in turn based on proposals for “a series of tangible actions”.It calls on various actors to take action, from companies and investment consultants to asset owners.Listed companies, for example, should stop reporting quarterly and instead focus on “a broader range of strategic issues”.Asset managers, meanwhile, should be supported in their public reporting of stewardship activities.The IA also called for changes to the way in which the relationship between asset owners and investment managers is governed so that it does not “inadvertently embed a short-term focus”.It has, therefore, proposed to work with The Pensions Regulator (TPR), the Pensions and Lifetime Savings Association (PLSA) and investment consultants “to develop best-practice guidance on how stewardship and long-term incentives can be better incorporated into the Statement of Investment Principles and Mandate design”.Investment consultants should publicly set out how their activities “support the provision of long-term investment approaches and stewardship in mandate design and performance evaluation”, added the IA.Having found that defined contribution (DC) pension schemes face barriers to making long-term investments, the IA also proposed establishing a working group “to consider the key regulatory and market barriers to creating a DC investment environment more suited to long-term investment”.One of the reasons why longer-term financing is not reaching the UK economy, according to the IA, is that solvency and prudential regulation are leading to excessive de-risking in asset allocation.However well-meaning prudential regulation is, it contains an “over-emphasis on short-term market risk”, said the IA.This “embed[s] a focus on volatility and benchmark tracking error in the governance of investment strategies deployed”.This diagnosis is behind further actions proposed by the IA, one of which is to convene a working group “to review the extent to which current accounting standards and solvency and prudential regulatory requirements may be resulting in excessive de-risking by insurers and pension funds and impeding the provision of longer terms of finance”. Longer-term forms of capital, according to the IA, include equity, infrastructure and private placements.TPR balancing act The IA’s action plan contains “a number of interesting recommendations which we will consider further”, a spokesperson at The Pensions Regulator told IPE. “We already support economic growth by encouraging a balanced approach to the funding of defined benefit pension schemes – benefiting businesses and strengthening security for pensions,” added the spokesperson. “Employers’ ability to invest in long-term sustainable growth is balanced with our objectives to protect members’ accrued benefits and the Pension Protection Fund (PPF).”On the topic of DC pension schemes, the spokesperson referred to the regulator’s new code of practice and supporting guides, “which will set out our expectations of trustees in governing their scheme’s investments, and provide helpful guidance to assist them in meeting the challenges in this area.The code is expected to be laid in Parliament in May, and comes into force in July, according to TPR. The PLSA, meanwhile, “looks forward” to contributing its members’ perspective to the IA’s programme, said Luke Hildyard, policy lead on stewardship and corporate governance at the PLSA. “All investors need to take a long-term perspective when undertaking their investments and the Association has consistently promoted responsible, long-term investment stewardship,” he told IPE.  He referred to work already carried out by the PLSA in this area, such as a recent report highlighting the importance of better corporate reporting of human capital and its stewardship disclosure frameworks for asset managers to set out their approach to prospective pension fund clients.last_img read more

Kelver Darroux supports call for a Grammacks Museum and Music School for Jeff Joe

first_imgLocalNews Kelver Darroux supports call for a Grammacks Museum and Music School for Jeff Joe by: – November 29, 2011 Share Sharing is caring! Tweet Sharecenter_img Share 14 Views   no discussions Legendary Jeff Joseph during his performance at the 15th World Creole Music Festival in Dominica last monthParliamentary Representative for the St Joseph Constituency Kelver Darroux is supporting calls to construct a Grammacks Museum and Music School in memory of the late Jeff Joseph.Dominica’s Goodwill Ambassador and musical icon Jeff Joe died last week Wednesday in Martinique and reports indicate that there are discussions to set up a museum and music school in St Joseph in his memory.Darroux said that the construction of these two facilities in St Joseph will leave a lasting impression of Jeff Joe, an individual he says that has contributed significantly to nation building.“As the member of parliament for St. Joseph, whatever venture or avenue used to promote and leave a lasting impression of Jeff Joe will always have my support. He was a guy I had a lot of respect for and the idea of having such an initiative in this community is one that will get my fullest support,” he said.Darroux explained that many time Dominicans fail to support their local heroes.“I believe that when we have our heroes and they are alive sometimes we do not show a lot of appreciation and after they have gone, if there is anything they can do to highlight their work and appreciate them, we should do it,” he explained.He also noted that St Joseph currently has a lot of young potential musicians and that could assist them as well.“This initiative will auger well in the community of St. Joseph. We have a lot of musically inclined people in St. Joseph and an initiative like that will assist them and positively impact the youths of the community. Over the years St. Joseph has produced a number of musicians and we will see more young persons engaging all that energy into music,” he added.Dominica Vibes Newslast_img read more

NBD Flag Wavers celebrate 20 years at Award Ceremony

first_img Tweet NBD Flag Wavers. On Saturday, March 31st, the NBD Flag Wavers held an Award Ceremony to celebrate their 20th anniversary and to recognize special contributions to the group. The group expressed thanks to the Cultural Division for its unwavering support, and to the National Bank of Dominica Ltd, who has been their sponsor for over eight years.According to the Head of the Cultural Division, Mr. Raymond Lawrence, it is a rare occurrence for a group to last that long, and that the group should be congratulated on this achievement. NBD’s Marketing Manager, Suzanne Piper, attributed the group’s longevity to the dedication of its leaders and urged the group to stay committed. Among the various awards given, members received recognition for spirit, energy, technique and versatility. An active leader of the group, Kristelle Fagan described the evening as surreal. “We have many talented young people and we had a very successful season and it was appropriate to celebrate our success.” Ms, Fagan commented.She went on to express that the NBD Flag Wavers was not only a performance group but was a family and she was honoured to contribute to the positive development of these young ladies. The NBD Flag Wavers has been a main feature at several Carnival and Independence activities over the years and continues to provide a creative avenue for dance expression among Dominica’s female youth.Press Release Share Sharing is caring! LocalNews NBD Flag Wavers celebrate 20 years at Award Ceremony by: – April 6, 2012center_img 60 Views   no discussions Share Sharelast_img read more

Ernie Banks

first_imgMr. Cub, Ernie Banks, passed away recently at the age of 83.  He was one of 12 children born to a poor southern family in the early 1930’s.  The 1977 Baseball Hall of Fame inductee hit 512 home runs in his 19-year career with the Chicago Cubs.  Despite the fact that the Cubs were never real contenders during Banks career, he still managed to be named the MVP of the National League twice.  Not only was Banks a power hitter, but he was also a Gold Glove shortstop.  Despite his slight build his bat carried a wallop.Banks will be forever known for his famous saying “Let’s play two.”  To people my age, this meant a double header.  Today, the only time anyone plays two games in one day is if rain caused a postponement and there is no other way to get that game in unless it is scheduled as a day/night double header.   People in baseball management will remember Ernie Banks as one of its greatest ambassadors.  When Banks walked into a ball park, the whole place lit up because he truly liked what he did!last_img read more

Brian Lara & Ramnaresh Sarwan to Assist Windies Batsmen Ahead of…

first_imgST JOHN’S, Antigua, CMC – Former captains Brian Lara and Ramnaresh Sarwan have been tasked with helping West Indies batsmen ahead of the opening Test against India starting here next Thursday, August 22.Both will be involved in a preparation camp which gets underway on Friday at the Vivian Richards Cricket Ground and will lend their experience to the 13-man squad as they gear up for the two-Test series.“We have some good young batsman in the team who we believe will form the future of West Indies cricket,” said director of cricket, Jimmy Adams.“We saw some very good signs of development earlier this year in the Test matches when we played so very well to beat England and we want to see them grow and become outstanding players for the West Indies.“We have taken the step to have Brian and ‘Ronnie’ work with these players, who have demonstrated a will to learn and succeed. We know they still have the passion and love for West Indies cricket and are eager to assist and share their information with the present generation.”The legendary Lara, 50, is West Indies’ leading run-scorer in Tests with 11 953 runs from 131 matches, with 34 hundreds. He quit international cricket following the historic ICC World Cup in the Caribbean in 2007.Sarwan, meanwhile, gathered 5,842 runs in 87 Test matches, including 15 centuries, with a top score of 291 against England at Bridgetown.The 39-year-old also featured in West Indies preparation camp last April in Barbados ahead of the Tri-Nations Series in Ireland.Following the Antigua Test, West Indies will face India in the final Test starting August 30 at Sabina Park in Jamaica.last_img read more