Email Rubberbandits will play Electric PicnicLIMERICK’S Rubberbandits have confirmed a slot at this year’s Electric Picnic. The duo BlindBoy Boatclub and Mr Chrome along with Willie O’DJ will rock the Comedy Tent in what Rubberbandits are calling a “snakey post Edinburgh gig”.Their 2010 appearance at the Picnic was cited as the top pick of the event in a poll of Festival goers that year. Rubberbandits have released a video for new song ‘Fellas’. An ode to male sexual exploration, the lyrics to Fellas are the most explicit yet from the Limerick duo but the video has won over many fans and was retweeted by Dara O’Briain, Russell Brand, Frankie Boyle and Panti Bliss.Sign up for the weekly Limerick Post newsletter Sign Up The duo’s Continental Fistfight show is currently running at Edinburgh Festival Fringe until August 25.The video can be found www.youtube.com and on www.facebook.com//pages/Rubberbandits Previous articleVomiting bugNext articleGarda looking for masked nursing home burglar Eric Fitzgeraldhttp://www.limerickpost.ieEric writes for the Entertainment Pages of Limerick Post Newspaper and edits the music blog www.musiclimerick.com where you can watch and listen to music happening in the city and beyond. WhatsApp New Limerick festival to rival Edinburgh Twitter Advertisement Linkedin Steve makes magical return to Electric Picnic Facebook TAGSEdinburghFellasFrankie BoyleRubberbanditsRussell Brand Print RELATED ARTICLESMORE FROM AUTHOR Munster announce the signing of Haley from Sale Sharks Limerick Post Show | Willie O’Dea on Limerick and Rubberbandits NewsLimerick’s Rubberbandits confirmed for Electric PicnicBy Eric Fitzgerald – August 5, 2014 811 Why should I not have the right to vote for whom I want? Van Graan rings the changes for Edinburgh knockout game
About Author: Seth Welborn Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Previous: Housing Report Shows ‘Good News is Actually Good News’ Next: FHFA Issues Update on GSE Guarantee Fees Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Wells Fargo Partners with Habitat for Humanity Demand Propels Home Prices Upward 2 days ago Subscribe Related Articles Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Wells Fargo Partners with Habitat for Humanity Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Loss Mitigation, News Tagged with: Habitat Revitalization Wells Fargo The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Wells Fargo is partnering with Habitat for Humanity on a number of revitalization and housing assistance programs, including those aimed at keeping homeowners in their homes. In 2019, Wells Fargo donated $10.7 million directly to local Habitat organizations and has committed $89.4 million to Habitat for Humanity since 2010. Wells Fargo has also pledged to donate $1 billion to address the housing affordability crisis over the next six years.“Housing affordability is a major issue affecting communities across the U.S., as far too many families struggle with the burden of paying half or more of their household incomes to keep a roof over their heads,” said Brandee McHale, head of corporate philanthropy at Wells Fargo. “As we work together to create innovative solutions, we are also focused on revitalizing existing housing inventory by supporting advocacy work such as Cost of Home and projects like CAPABLE, which preserves dignity for seniors as they age in place.”Habitat’s CAPABLE Program is designed to keep older homeowners in their homes through home repairs ranging from minor fixes to major repairs, such as roof repairs and plumbing.Part of the partnership will also include neighborhood revitalization, as Wells Fargo team member volunteers will work alongside residents in five communities in California, Colorado, Pennsylvania, South Carolina and Virginia on projects, including making repairs to existing homes and constructing new homes on abandoned lots.Wells Fargo will also be supporting Habitat’s Cost of Home campaign, which seeks to find solutions and help create policies through volunteers, community members and partners throughout the U.S.“Having generous partners like Wells Fargo is so important as we work to help families and communities improve their shelter conditions,” said Julie Laird Davis, Habitat’s VP of corporate partnerships and cause marketing. “We are so grateful for the Wells Fargo partnership and the impact that will be made across the country.” December 19, 2019 3,564 Views Habitat Revitalization Wells Fargo 2019-12-19 Seth Welborn Share Save
The Law Commission said trustees investing under fiduciary duty could take into account non-financial concerns as long as they had good reason to believe their scheme members shared their view, and the decision did not represent a significant financial risk.The government then consulted on amending regulations regarding the clarification of ‘environmental, social or ethical considerations’ to ensure they distinguished between financial and non-financial factors.It also questioned whether trustees should be required to state their policies on stewardship.It its response, the NAPF said it did not see any additional benefit to clarifying fiduciary duty further or imposing an explicit duty to consider specific factors.Will Pomroy, the NAPF’s policy lead on stewardship, said: “Such an approach would be very difficult to appropriately draft. “It would struggle to keep pace with emerging best practice and investment trends and, indeed, impinge upon the flexibility that is currently so beneficial.“Instead, we support efforts to catalyse further discussion at trustee board level about a scheme’s investment approach.”However, UKSIF said the complexity of long-term, financially material factors such as ESG was the biggest threat to pension investors.Its members demanded that the Law Commission’s findings be embedded into regulation.Simon Howard, chief executive, said: “This must not result in box-ticking exercises. We require trustees to formulate meaningful policies on their investment strategy and approach to stewardship that enables them to take considered decisions relating to their investment portfolios.”ShareAction, in its response, agreed with the NAPF that “codification” of the term fiduciary duty would be impractical, but it also argued that a non-binding clarification within the regulations would be reasonable.“[The regulations] should include a provision clarifying that trustees may have regard to a wide range of factors, including ESG and non-financial considerations, when exercising their discretion on investment and stewardship decisions,” the group said.The NAPF also said a fund’s approach should be included alongside its disclosures on how it considers financial and non-financial matters, rather than a comply-or-explain policy on trustees regarding stewardship.It warned of the risk creating a “tick-box” exercise over meaningful engagement by asset owners.ShareAction agreed and said a comply-or-explain approach would fail to encourage trustees to take stewardship seriously.The group added that, if the government wished to encourage stewardship, it should reference the NAPF’s own “Principles for Stewardship Best Practice” over the “Stewardship Code”. The National Association of Pension Funds (NAPF) has advised the UK government against further prescribing the meaning of the term ‘fiduciary duty’ in regulation, as sustainable investment and stewardship industry groups call for stricter wording.Responding to a Department for Work & Pensions (DWP) consultation on changes to investment regulations for pension schemes, the NAPF said further government clarification, whilst maintaining the required flexibility, would be difficult to draft.However, socially responsible investment advocates ShareAction and UKSIF called for additional work to ensure trustees account for sustainability factors when selecting investments.The NAPF’s response came after the DWP considered the clarifications made by the UK Law Commission on fiduciary duty to alleviate concerns it was too focused on short-term financial reward.
They warned of similar risks in abolishing mandatory participation at sector schemes, although Beetsma said he did not expect companies would withdraw their pension assets from industry-wide funds “on a whim”.Restrictions should be imposed nonetheless, they said, allowing companies to switch every five or 10 years only, and then only after giving ample notice. In the same article, Van de Kieft and Beetsma said the “rigid application” of interest rates for discounting liabilities could threaten financial stability in times of financial stress.“A drop in market rates causes funding ratios to fall, which could force pension funds to replace equity with fixed income,” they said.“This would have a downward effect on markets, interest rates and schemes’ coverage, causing a vicious circle.”They sought to put this risk into perspective, however, by noting that pension funds based their policies on the average funding over the previous 12 months.They also have the option of spreading their recoveries from funding shortfalls over a 10-year period.The authors argued that the regulators’ tendency to prescribe risk-based buffer requirements – such as in the new financial assessment framework, Solvency II for insurers and Basel III – carried the risk of herding, which could increase volatility.They also pointed to the “potentially procyclical” character of the pensions system.“During an economic downturn, additional pension contributions could reinforce the crisis because they would reduce the disposable income,” they said. René van de Kieft, chief executive at asset manager MN, and Roel Beetsma, economics professor at Amsterdam University, have warned of a “bank run” on pension assets should the Dutch government relax rules enforcing mandatory participation in the system. In an article for ESB, a communications platform for economists, Van de Kieft and Beetsma argued that dropping the mandatory-participation rule – often suggested in the ongoing debate over the new Dutch pensions system – could be dangerous. “If participants, for whatever reason, suddenly lose faith in their pension fund, it suddenly may have to divest assets on a large scale, which could destabilise financial markets,” they said.They said individual freedom of choice, when drawing on pension assets, should be for specific purposes only, such as buying a house or as a lump sum at retirement.