NewsA world first for ULBy John Keogh – May 1, 2013 876 No vaccines in Limerick yet Twitter Celebrating a ground breaking year in music from Limerick Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday Walk in Covid testing available in Limerick from Saturday 10th April WhatsApp Linkedin Email Advertisement #SaucySoul: Room 58 – ‘Hate To See You Leave’ TAGSfeaturedfull-imageMasters in Festive ArtsMinister Jimy DeenihanMusic LimerickUniversity of Limerick Print THE world’s first Masters in Festive Arts was launched at the University of Limerick’s Irish World Academy of Music by Arts Minister Jimmy Deenihan on Monday last.The one year, full-time programme includes practical, scholarly and performance-based aspects of festival studies.Sign up for the weekly Limerick Post newsletter Sign Up Students can apprentice with a festival to gain festival coordination and design skills, as well as being introduced to the study of festival, a survey of global festivity, and festival management and curatorship.Describing the programme as a “global first” Professor Mícheál Ó Súilleabháin said it was the university’s gift to the city of Limerick as it prepared for its City of Culture status.“It will intersect with the City of Culture initiative, and will serve as one of the important legacy projects of the City of Culture 2014 year. Graduates will work on a practical level with festivals – and perhaps specifically with a new international arts festival proposed by the Irish World Academy as a further legacy project for the City of Culture year 2014.”A feasibility study for a major international festival was commissioned by the Irish World Academy in 2010 and copies of this study were made available at the launch.Minister Deenihan said the course was “an excitingly unique post graduate programme” which is sure to attract graduate students from around the world.“In offering a programme that will encourage new ways of viewing the design and organisation of festivals, it will without doubt increase the international attractiveness of our many festivals already in existence. I have every confidence that this innovative programme will also ultimately lead to new festivals of a globally significant nature”, he added.Currently, over 25 per cent of postgraduate students at the UL Irish World Academy are from outside the EU.via A world first for UL (289 with pic) | Limerick Post Newswrite. #HearThis: New music and video from Limerick rapper Strange Boy RELATED ARTICLESMORE FROM AUTHOR Previous articleLIT honours Grand Slam’s leading ladiesNext articleMayday celebration recalls the Limerick Soviet John Keoghhttp://www.limerickpost.ie Facebook
EMILY McCONVILLE | The Observer Dean of the First Year of Studies Hugh Page reads an excerpt from Martin Luther King, Jr.’s sermon “Loving Our Enemies” at a prayer service Monday in the rotunda of Main Building.Jenkins said the late Nelson Mandela, who led the fight against South Africa’s oppressive apartheid system and later became the country’s President, embodied King’s vision.“It’s interesting to think of Nelson Mandela with Dr. King,” Jenkins said. “Dr. King began life committed to nonviolence but died a violent death. Mandela started in armed resistance but renounced it and became the leader of his country. Today we remember these two men and their legacy of freedom, equality and dignity.”The service, which was open to the public and standing room only, involved members of the community, as well as Notre Dame students, faculty and staff. Emmanuel Community Church pastor Shirley Gaston, who read a passage from St. Paul’s Letter to the Romans, said she has attended the service in past years.“I appreciate the fact that we still remember [King] at Notre Dame,” she said. “[University President Emeritus] Fr. [Theodore] Hesburgh was a person that really knew him, and for Fr. Jenkins to keep that tradition going, I’m very pleased.”Student body chief of staff Juan Rangel, who read a petition, said the prayer service remembered King appropriately.“I loved [the service],” Rangel said. “I thought the service did a good job of bringing the spirit of Dr. King in a peaceful and joyful way, and I liked especially how the community was involved, because you don’t see that a lot on campus.”Tags: Fr. John Jenkins, Martin Luther King Jr., Prayer service Throughout his life, Dr. Martin Luther King, Jr. stressed the importance of nonviolence and love in ending racial discrimination. This legacy was the theme of a prayer service in the civil rights leader’s honor, held Monday in the rotunda of Main Building.The service consisted of a scripture reading, an excerpt from King’s sermon “Loving Our Enemies,” read by Dean of the First Year of Studies Hugh Page, a reflection from University President Fr. John Jenkins, and petitions and music from the Notre Dame Celebration Choir. It was followed by a reception on the building’s third floor.In his reflection, Jenkins said King visited Notre Dame in October 1963. His address,which he delivered in the same year as his famous “I Have a Dream” speech, concerned economic discrimination.“He warned of dangerous notions among urban whites in the community and said it’s torturous logic to use results of segregation and discrimination as an argument for the continuation of it, instead of looking at the causes,” Jenkins said.
As part of the reform, which follows the new flexible drawdown of savings within defined contribution (DC) pots, up to 5m people will be able to sell their annuity on to a third-party provider regulated by the Financial Conduct Authority (FCA), or sell it back to the initial provider, creating a market worth as much as £13.3bn (€18.4bn) a year.The government noted calls from the industry that sales back to the initial provider should only be indirect, or after a competitive price had been agreed.But it did not directly agree that an intermediary bidding platform should be launched to facilitate such an anonymous process.Pinsent Masons senior associate Rob Lawrence said the government should give “strong consideration” to launching such a platform.“This would enable the individual to obtain a number of ‘bids’ for his annuity without having to approach a number of providers separately,” he said, noting that it would also help mitigate the risk of individuals receiving poor value for money.The importance of having access to suitable advice, which the government hopes to address by extending the remit of Pensions Wise – the agency set up to offer advice to pensioners about the drawdown of their DC pot.Ben Roe, partner at Aon Hewitt, said the FCA would have a “big role” in ensuring the market worked correctly.“If it is difficult for individuals to obtain the advice they need, then there is a real risk the market will not develop, and all the effort involved in getting this new initiative off the ground could be wasted,” he said. Others, such as Hymans Robertson partner Douglas Anderson, warned that the administration of a secondary market would be “incredibly complex”.Anderson also welcomed the fact providers would be able to buy back their own policies.“This will definitely make it easier to establish a more competitive market, as the original providers may be able to offer better terms due to the expense and capital savings of cancelling the original policy,” he said. He also suggested that the FCA could learn from how current bulk annuity deals used simplified underwriting procedures to inform the proposed online tool allowing annuitants to assess the value of their policy. The UK’s rollout of a secondary market for annuities should be accompanied by the launch of a bidding platform, allowing for a more transparent sales process.The call for a bidding platform came as the UK Treasury confirmed a new secondary market would be in place from April 2017 rather than 2016 as initially planned, and that it would amend tax rates so that annuitants would only incur tax in line with their marginal rate.Pensions minister Ros Altmann stressed that, for the majority of annuitants, keeping the policy would still be the right decision.“But some were forced to buy annuities in the past that may not have been suitable for them,” Altmann said, “and I am delighted this reform will allow more people greater choice and the opportunity of a more flexible income stream.”
In the fast-growing premium pension institution (PPI) market, an individual defined contribution vehicle for company pensions, Zwitserleven is in fifth place in terms of premium income, and in sixth in terms of assets under management currently.New clients shun DBVivat also announced it is introducing pension fund buyouts as a third “focus area”, in addition to its traditional focus on providing pension products for the accumulation and decumulation phases.In practice, this would take the form of a closed pension fund handing over its pension liabilities to Vivat, a spokesperson said.In recent years, Vivat has seen most of its growth in its PPI products. Assets under management have doubled each year since it was launched in 2013. The PPI platform currently has €581m in assets under management, while the total PPI market amounts to €12.1bn (end of 2019).Though the future of defined benefit (DB) arrangements is in doubt because of the low interest rate environment, Zwitserleven said some clients continue to prefer this option.“Some companies want to keep their DB arrangement and extend their contracts. We hardly see any new DB clients though,” the spokesperson said.Customer satisfactionThough Vivat announced it will cut costs by 30% within three years, it also vowed to “invest in our people, products and IT infrastructure to improve the customer experience”.In this regard, the company specifically aims to improve its ‘net promoter score’, a Vivat spokesperson told IPE. This is a metric to measure customer loyalty and the likelihood of customers recommending a company’s product.Life insurance companies like Vivat tend to score low on this, the spokesperson said. “Vivat’s score was -20 in 2019 and we are striving to reach a positive score over the next few years which should translate in higher growth.”To read the digital edition of IPE’s latest magazine click here. Dutch insurance company Vivat “will focus on becoming the number one pension provider in the Netherlands”, according to its newly revealed strategy. The company is planning to grow its business under its pension brand Zwitserleven.Vivat, which was recently acquired by Bermuda-headquartered insurance firm Athora from the Chinese Anbang Group after having sold its non-life activities to NN Group, wants to become the biggest private pension provider in the Netherlands in terms of premium income.It did not, however, say when it expects to realise this ambition.Vivat’s pension brand Zwitserleven occupies second place in the Dutch pension insurance market behind Aegon.
At Tuesday’s Undergraduate Student Government meeting, the Senate led an open discussion regarding the recent bylaw amendment to USG’s diversity fund, which is currently being authored by Sen. Michaela Murphy and former USG official Mai Mizuno. Before the discussion, co-Chief Diversity Officer Milton Dimas spoke about a solidarity march this Thursday and how it was happening due to the “many, many problems in this institution” and the country at large. Dimas concluded his speech by addressing an upcoming event featuring conservative commentator Ben Shapiro. He called Shapiro’s rhetoric “hate speech” and “bigotry,” and affirmed the student body’s right to speak out. “Many of us are unhappy about [Shapiro’s speech], and I understand,” Dimas said. “I don’t think that we should remain silent during this time. I believe we should very much be using our resources and the people we know in order to bring about this change.” Regarding the diversity fund, Sen. Shayan Kohanteb addressed Dimas’ comments on Shapiro’s event, which received funding from USG. Kohanteb said that USG funds should not be used for political groups. His point prompted a discussion about whether or not cultural organizations and the issues they promote can be depoliticized. Sen. Max Geschwind said that he had no problem with political groups receiving funding as long as the process is “fair and equal.” He referenced groups such as Students for Justice in Palestine and Trojans for Israel, who he says should receive an equal share of the diversity fund. Several members of the audience expressed their opinions that the interests of cultural organizations are inherently political, and that diminishing their political nature would devalue the organizations’ purposes.Rosa Wang, executive co-director of the Student Assembly for Gender Empowerment, defended the inherently political nature of their organization. She and others also referred to Shapiro’s views as hateful. Wang went on to call the use of a student-funded account for the event as “blasphemy.”“I never asked to be marginalized,” Wang said. “The people who attribute those values to me have made my body political, have made me have to fight for myself, fight for my existence.”