UK government backs pension dashboard project

first_imgThe UK government has pledged to take the lead on developing a “pension dashboard” to allow individuals to see all of their savings through one portal.Speaking at the Pensions and Lifetime Savings Association (PLSA) conference in Manchester yesterday, Guy Opperman, minister for pensions and financial inclusion, pledged that the Department for Work and Pensions would take forward work on the project “at pace”.“Be in absolutely no doubt: The dashboard will happen,” Opperman said.The project has been pushed forward by industry bodies so far, with the Association of British Insurers (ABI) leading work on a prototype. The ABI co-ordinated work between pension providers and technology firms to attempt to address data issues and other hurdles to displaying all an individual’s savings and pensions in one place.Huw Evans, director general of the ABI, said a dashboard was “vital to helping workers keep track of their pension savings as they move employment as well as helping them track down lost pension pots likely to be worth billions in total”. Graham Vidler, director of external affairs at the PLSA, said: “The minister’s support of the pensions dashboard is great news for savers – who will be placed at the heart of the project. The dashboard could have a revolutionary effect on the way people engage with pensions, but it needs regulation and strong governance underpinning it. This is a job for government and we are pleased DWP has been tasked with leading the project.”center_img Guy Opperman MPThe Pensions Regulator also backed the project. Darren Ryder, director of automatic enrolment, said: “The work to date is also a clear demonstration of what industry can achieve when it works together and showcases the huge benefits the pensions industry could get from the application of such technology.”The People’s Pension, one of the UK’s leading defined contribution providers, has been a vocal supporter of the dashboard concept. Darren Philp, director of policy, described the government’s support as “an important milestone”. “While there are still significant challenges to overcome, this is a substantial step to help bring people closer to their pensions,” he added.last_img read more

Driver Don Gumke passes away in Arizona

first_img“He’s the reason I got into stock car racing back in the day,” said John Corell, who first raced with Gumke in a late model in the late 1970s. “I helped him build a car in my dad’s garage and we were best buds ever since.”  Nicknamed The Grinder, Gumke had followed the Dakota Classic Tour and was sixth in the IMCA Modified points race at Jamestown last season. Gumke had raced in Late Model and Modified divisions beginning in the 1970s, earning the respect of fellow competitors and a legion of fans.  Funeral arrangements are pending at the Haut Funeral Home in Jamestown.  “Don was a racer’s racer. He was a good ambassador for racing for decades in North Dakota,” echoed Joren Boyce, who was beginning his own career when Gumke was already well established in the sport and became a customer of his Dakota Engine Builders shop. “It was exciting to see him back in a race car. He was always a thumbs-up, give you a smile kind of guy.” “Don was just a nice guy, pretty soft-spoken, friendly and competitive,” continued Corell. “Everybody took a liking to him.” center_img The long-time driver, businessman and former owner of his hometown Jamestown Speedway passed away in Somerton, Ariz. He was 66.  “I’ve known him since I started racing at 16. Don was a mentor to everybody. He had owned an engine shop and helped countless people get started racing,” Jamestown promoter Tim Baldwin said. “I’m going to remember him as a good person who did things the right way. He was a legend on and off the track.” A member of the club that had operated the speedway, Gumke was at the promotional helm there when it received two business of the year awards and continued to have a hand in track prep at Jamestown.  JAMESTOWN, N.D. – Don Gumke, a fixture in the North Dakota racing community for more than four decades, died Tuesday night.last_img read more

People of Mostar celebrated the Victory of Croatia

first_imgNational team of Croatia last night defeated the best team of Spain with a result of 2:1 at the EURO in France, thus ending on the top of the Group D.Fans of Croatia celebrated the victory against the current champions of Europe until late night hours, and similar situation was in some parts of BiH. Hundreds of fans from Mostar went out to the streets with shirts, requisites and flags of Croatia to celebrate the victory.(Source: klix.ba/photo: hms.ba)last_img

Citing Texas Hold ‘Em, Booker places all his chips on Iowa finish

first_imgDES MOINES — New Jersey Senator Cory Booker says he’s taking a gamble that he’ll be among the top three candidates when the Iowa Caucus results are announced.“We’ve said from the beginning that this is our state, that this is going to be the determining factor for us,” Booker told Radio Iowa. “…We’re playing to keep here in Iowa, kind of Texas Hold ‘Em in some ways.”Iowans who watched seven of the Democratic Party’s other 2020 presidential candidates debate in December saw Booker’s first campaign ad. He’s spending far more to buy time on Iowa TV stations this month.“I’m going to confess we have taken a risk in Iowa by pushing a lot of our resources that we might need to continue on into getting up on TV to compete with those people who are millionaires or who have more resources than us,” Booker said.Booker has not joined former competitor Julian Castro in criticizing Iowa’s role as the first voting event in the 2020 presidential selection process. Booker just launched “Black Americans for Cory” with a gathering of about 50 women in Des Moines and he said Iowa’s minority voters may be the deciding factor on February 3rd.“In a Caucus where the difference between finishing fifth and second is probably going to be a few thousand votes, those who appeal to the Sudanese community or can appeal to the Latino community, the black community, if you can generate support in those communities,” Booker said, “it’s the diversity that swings the hinge one way or the other.”Booker has been urging voters to pick the candidate who is best able to motivate Obama-level turn-out among diverse communities. Booker’s duty as a U.S. Senator to sit as a juror in the expected impeachment trial for President Trump will take him off the Iowa campaign trail. He is also unlikely to meet Friday’s deadline for a strong enough showing in public opinion polls to be included in next week’s televised candidate debate in Des Moines.Booker returns to Iowa today with events scheduled in North Liberty and Mount Vernon.last_img read more