Dutch IT firm ‘must act quickly’ after losing pension clients

first_imgThe developments mean that the number of participants served by Centric is to drop from 225,000 to no more than 37,000, representing the total number from the remaining pension funds clients Beton, Yara and Thales.“With so few remaining participants, Centric is no longer viable,” Bastian explained. “As its name has now been contaminated; autonomous growth won’t happen any longer, so a quick acquisition could be a life buoy.”Earlier this year, Centric failed to take over its competitor AGH.The consultant pointed out that any plan to place the remaining clients with another provider, should be carried out quickly as well.Meanwhile, Alberto Jack, commercial director of Centric’s Pensions and Insurance Solutions (PaIS), failed to respond to questions posed by Pensioen Pro.Peter Vlaeminck, chair of Yara, said he was discussing the developments with both his board and Centric. Alberto Jack, commercial director of Centric’s Pensions and Insurance Solutions (PaIS)The pension funds Beton and Thales did not respond to requests for comment. Last year, Dick Slob, trustee at Beton, said he had “full confidence” in Centric.In 2017, the IT firm announced it would enter the market for pensions administration. In January 2018, it took over the pensions provision of five sector schemes, following Syntrus Achmea’s decision to no longer serve industry-wide pension funds. It also took over the 85 staff at Syntrus.In early 2019, however, key staff left, including chief executive officer Karim Henkens and Hans Schrijver, former commercial director, who had led the negotiations with its pension fund clients.Bastian said Centric’s new executive team for the financial sector – Marianne de Boer and Robert Jan Prins, in addition to Jack – lacked roots in the pensions industry.Jeroen Hilbrands, chair of Waterbouw, highlighted that Centric’s performance had never reached the desired level, and that the quality of reporting had decreased in the past months.Meubel had indicated that Centric had failed to introduce the new IT platform it had promised.Waterbouw’s Hilbrands echoed that new IT solutions had explicitly been part of the contract negotiations and had raised the confidence of the sector scheme.He concluded that, in hindsight, joining Centric had meant a step back for Waterbouw. The pension fund declined to elaborate on its new provider.Centric runs software programme Maia, which will no longer be supported by Keylane, its supplier.To read the digital edition of IPE’s latest magazine click here. Dutch IT firm Centric – which has lost three main pension provision clients in quick succession – should either swiftly take over another provider or place its remaining three clients with another company, said Tobias Bastian, partner at consultancy Sprenkels & Verschuren.He told Pensioen Pro that the importance of scale in order to keep costs down and to finance investments was key, as he responded to the announcement of the sector scheme for hydraulic engineering (Waterbouw) this week on the decision to leave Centric as of 1 January 2021.The pension fund, which had joined Centric only 18 months ago with its 11,700 participants, said that the company’s pensions administration was “unsustainable”.Earlier this month, the pension fund for the furniture sector (Meubel), also announced it was leaving the IT firm. In addition, the scheme for the travel industry (Reiswerk), which also outsources its administration to Centric, said it would liquidate next year.last_img read more

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Woman arrested for stabbing husband

first_imgAccording to the police, the stabbinghappened around 7 p.m. after a heated argument ensued between the couple. Butit was not immediately established what triggered the altercation. ILOILO City – A heated argument led awoman to stab her husband in Barangay Banban Pequeño, Calinog, Iloilo. The 49-year-old Arlyn Serra, acouncilwoman of the said village, admitted stabbing 53-year-old Danilo, apolice report showed. Arlyn, meanwhile, turned herself in toauthorities. She was detained in the lockup cell of the Calinog municipalpolice station./PN Danilo was brought to the CalinogDistrict Hospital for a stab wound on the body. last_img read more

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12-HOUR DETENTION: Iloilo City gov’t to go tough on curfew violators

first_imgWORKING DAY AND NIGHT. The Iloilo City Police Office is mobilizing over 400 policemen to enforce the enhanced community quarantine and curfew in the metro in a bid to slow down if not stop the spread of the coronavirus disease. As frontliners in the fight against the pandemic they, too, are risking their lives like healthcare workers in the name of public service. IAN PAUL CORDERO/PN * Informationneeded from the minor must be taken using the intake sheet of the barangay. As of April 1, 817 curfew violators have beenarrested since the start of the enhanced community quarantine on March 20. * The barangaywill register the child as a “child at risk” (CAR) in its logbook. * The parentsor guardians must be duly informed. * persons on their way home from work The curfew is from 8 p.m. to 5 a.m. and coversall people in the city except in cases of emergency and if the sole purpose ofgoing out is to buy food, medicines, basic necessities and prime commodities. * those traveling for medical and humanitarianreasons * The barangayshall take custody of the minor. According toDSWD regional director Evelyn Macapobre, if the children are residents of thebarangay, the following steps must be observed: * Informationneeded from the minor must be taken using the intake sheet of the barangay. * The childwill be turned over to his/her barangay of residence. * authorized government officials If the parentsor guardians cannot be located, the child will be turned over to the localsocial welfare office./PN Treñas appealed for the cooperation ofeveryone. However, since police station detention cellsare not big enough for social distancing to be observed, Treñas said theviolators would be “detained” in basketball courts. Other implementers are the City Social Welfareand Development Office, police, Task Force on Good Morals, Iloilo City Peaceand Order Council, and other deputized persons. Exempted from the curfew are the following: * persons providing basic services and publicutilities Regarding minors violating the curfew, the Department of Social Welfare andDevelopment (DSWD) in Western Visayas issued guidelines to help authorities –policemen, local officials and even concerned citizens – properly handleyoungsters. * The minor isthen turned over to the parents or guardians. Data from the Iloilo City Police Office showedthe following districts having the most number of curfew violators: Molo, 228;Jaro, 189; and La Paz, 145. * persons delivering food and medicines * those working in industries and businesseswith a work schedule within the curfew hours (such as those in the businessprocess outsourcing industry and healthcare) * The barangaywill register the child as a “CAR” in its logbook. If the minoris a non-resident of the barangay, the following should be observed: If the minoris categorized as “high risk” based on the guidelines of the Juvenile Justiceand Welfare Council (JJWC) as assessed by the Local Social Welfare andDevelopment Office (LSWDO), the LSWDO will conduct an “assessment andintervention conference” and design an intervention if deemed proper. * essential skeletal workforce of the city andprovincial government of Iloilo Also, he said, when the coronavirus disease2019 (COVID-19) outbreak has eased, appropriate charges would be filed againstthe violators. Punong barangays, barangay councils andbarangay tanodsare authorized to primarily implement the curfew. ILOILO City – Citing the guidelines issued bythe Department of Justice (DOJ), Mayor Jerry Treñas said violators of thecurfew in line with the ongoing enhanced community quarantine would be detainedfor 12 hours. “Angaton enhanced community quarantine para lang sa isa ka bulan (until April14). Kon magsigi kita ka pinasaway,madugayan pa ‘ni. Kita man tanan guihapon ang mabudlayan,” he said. * The barangaywhere the minor is found shall take custody of the minor.last_img read more

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La Liga 2020-21 season gets start date

first_imgRelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Sanwo-Olu: We’re committed to fulfilling promises to Lagosians The next La Liga season will begin on September 12 if the organisers’ bid to complete the current campaign after a three-month pause due to the COVID-19 pandemic goes to plan, president Javier Tebas has said.Having received government approval last weekend, La Liga is set to start up again on June 11 and finish on July 19. All matches will be played without spectators although fixtures are yet to be officially confirmed.“The important thing will be when the season finishes although we’ll only be able to congratulate ourselves when we start the following season,” Tebas said on Friday.“God willing that day will be Sept. 12 and hopefully we’ll be able to say we have overcome this most difficult period but at least we will be better prepared.”Tebas has led the campaign to get the season back on track since it was postponed on March 12, warning that clubs could lose up to one billion euros ($1.11 billion) collectively if the remaining 11 rounds of matches could not be completed.Tags: COVID-19La LigaTebaslast_img read more

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Anambra cancels state FA Board, Council polls

first_imgRelatedPosts No timetable yet for Anambra FA elections — Caretaker Committee PDP gubernatorial aspirant commends FG over fuel subsidy removal Gynaecologist speaks on ‘menstruating’ during pregnancy The Anambra State Government on Saturday announced the suspension of the Anambra State Football Association Board and Local Football Councils 2020 Elections scheduled for Monday and Tuesday respectively in Awka.C-Don Adinuba, the state’s Commissioner for Information and Public Enlightenment, said in a statement that government had not lifted the ban on elections in the state due to the COVID-19 pandemic. Adinuba said the elections was not an emergency and ordered that police in the state should ensure that no individual or group gathered for the event on those dates.He said: “Anambra observes with profound regrets that, in spite of efforts to make the state remain the safest place, there are certain individuals and groups determined to brazenly flout the law meant to prevent a spread of the disease.“These individuals and groups believe they are above the law.“For instance, some people in the state Football Association have planned to hold elections on Monday into the board of the AnSFA and on Tuesday into the LFCs.“This decision is reckless and in flagrant violation of the directive by the government prohibiting elections in the state until further notice. “These elections are by no means an emergency. In fact, there is absolutely nothing urgent about them.”He said the state government thereby had no option other than to cancel the planned elections into the two bodies.The Commissioner said: “The police force and other security agencies have been directed to ensure that no elections are held anywhere in the state until further notice.“The Infectious Diseases Bill passed into law by the State House of Assembly and assented to accordingly by the state governor, as well as existing directives on COVID-19, must be obeyed. There are no sacred cows.”The News Agency of Nigeria reports that preparations had reached advanced stages for the elections. This is from the commencement of sale of nomination forms on June 1 to the meeting between the elections committee and all cleared aspirants on Thursday.NAN also reports that the AnSFA board election is a 26-delegate poll.Tags: Anambra StatecancellationFA BoardLocal Football Councils 2020 Electionslast_img read more

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Williams aiming to make mark

Williams was thrown in at the deep end by manager Paul Lambert and has had to wait patiently for another chance since, but the experience has simply whetted his appetite. He said: “It was great to get my debut with Villa. When I was younger, I thought that all I wanted to do was to play in the Premier League even once, but now I have played there, I know I want more. I will only be happy now when I get 50 games in the Premier League. “One appearance in the best league in the world is a good achievement. I think only a few players from Waterford have done it, like John O’Shea, the two Hunts (Stephen and Noel) and Daryl Murphy, and it is a big weight off my shoulders. But now I have a taste for it, I want more.” Villa’s current plight may mean Williams has to wait but, in the meantime, he is looking too make an impression for his country after winning his first cap in a 4-2 European Championship qualifier victory over Italy in September. The experience was marred by the fact he was harshly sent off for a challenge on Genoa striker Ciro Immobile, but he is keen to continue on his learning curve. He said: “I have learned a lot from the experience and I really want to do well with the under-21s now.” The game will represent the start of manager Noel King’s preparations for the new European Championship qualifying campaign, which gets under way in August. Ireland have been handed a tough draw alongside 2009 winners Germany, Romania, Montenegro and the Faroe Islands in Group Six, after finishing third in their qualifying group for this summer’s finals. The Germany-born 20-year-old is in line to win his second cap for the Ireland Under-21 side in their friendly against Holland at Tallaght Stadium on Wednesday afternoon. He would do so having had his first taste of top-flight football in England, after being handed a debut as a substitute in Aston Villa’s 1-1 Premier League draw at QPR on December 1. Press Association Derrick Williams is hoping for further international recognition after fulfilling his dream of playing Barclays Premier League football. read more

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Walsh strikes again

first_imgRuby Walsh bagged his third winner from three rides since returning from injury when making all on his father Ted’s Old Castletown in the www.tramore-racecourse.com Maiden Hurdle at Tramore. Ted Walsh said: “The race worked out for him and he jumped and travelled well. “He (Old Castletown) is a top of the ground horse and the hood helped a bit as he is inclined to just take horses on – Ruby helped a bit too!” He added: “I’m just delighted for Denise Entenmann who owns him – she was married to a cousin of mine who died twelve months ago. She bred the horse and she also had the dam, who won races at Listowel and Leopardstown.” Victorious with his only rides at Tipperary on Sunday and Tuesday, Walsh continued his 100% record with his sole mount at Tramore, who travelled fluently at the head of affairs. Crown Theatre almost drew level with the 11/10 favourite on the home turn, but Walsh had kept plenty up his sleeve and Old Castletown drew readily clear after the last, scoring by three and three-quarter lengths. center_img Press Associationlast_img read more

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Leaked Docs Show British Ambassador to U.S. Criticizing Trump Admin

first_imgLeaked diplomatic cables that were published Sunday in a British newspaper reveal that Kim Darroch, Britain’s ambassador to the United States, described President Trump’s administration as deeply divided, incompetent and unlikely to show any meaningful improvement while dealing with international issues.Darroch writes in one of the documents published in the newspaper, which is called The Mail on Sunday, “We don’t really believe this administration is going to become substantially more normal; less dysfunctional; less unpredictable; less faction riven; less diplomatically clumsy and inept.”The United States and the U.K. have maintained a strong relationship since World War II.Additionally, the memos refer to Trump’s policy on Iran as “incoherent, chaotic.” Darroch also doubts whether the White House “will ever look competent,” adding that he believes the only way to communicate with President Trump is through simple and blunt language.Darroch does not expect Trump to shift his “America First” strategy, even though the President seemed “dazzled” by British pageantry last month during a state visit hosted by Queen Elizabeth II. He writes, “This is still the land of America First.”Britain’s Foreign Office has not challenged the authenticity of the leaked documents, which cover the past two years. However, it called the leak “mischievous behavior,” adding that the British public expects diplomats to offer honest assessments about the politics of the countries in which they are posted.President Trump has not commented regarding the leak.last_img read more

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Raiders’ Jon Gruden on Antonio Brown: ‘I expect a lot more drama’ from him

first_img“I expect a lot more drama from No. 84. I really do,” Gruden told reporters Friday. “He’s a fun guy to be around, man. I expected a little more than a hot-air balloon. I thought he might jump out of an airplane and parachute himself in. He’s going to add a lot of life to this organization at a position where obviously we need some explosive plays.”Float like a butterfly, sting like AB.#RaiderNation X @AB84 pic.twitter.com/68X0EWlDRp— Oakland Raiders (@Raiders) July 26, 2019Brown has become known for his fiery personality and made headlines last season as he forced his way out of Pittsburgh after nine seasons with the team. The Steelers faced endless drama last year with tension growing between Brown and quarterback Ben Roethlisberger.  Related News Raiders coach Jon Gruden isn’t afraid of the drama that comes along with star wide receiver Antonio Brown. During his pre-training camp press conference, Gruden laughed at the fact Brown arrived in a hot-air balloon and then indicated he’s prepared for the drama that the star brings to a team.  Raiders’ Antonio Brown has mysterious non-football injury at start of camp Antonio Brown arrives for Raiders camp in hot-air balloon Antonio Brown deletes tweet saying furniture-throwing incident settled Gruden, however, said he loves everything he’s seen so far from the 31-year-old wideout.”I told Antonio to try not to yell at [quarterback Derek Carr], yell at me when you have a problem,” Gruden explained. “Then he started yelling at me, and I said, ‘Don’t yell at me, yell at [Greg Olson] he’s the offensive coordinator.'” Oakland general manager Mike Mayock also praised Brown, crediting the receiver for how he’s changed the dynamic of the team.”I can just tell you that at practice when he catches a quick slant and gets vertical and goes, it’s rare to see grown men in the NFL look at each other and just start giggling and laughing,” Mayock said. “And it happens almost every day in practice.”He just does something and grown men who have been around the league for years just look at each other — and I think what it also does is the young guys get to see how an All-Pro, potential Hall of Famer actually practices on a daily basis. And if you’re a young guy and you look at that, you better understand what it takes.”last_img read more

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