New Ellis Park Owners Review Facility

first_imgFacebookTwitterCopy LinkEmailShare New Ellis Park Owners Review FacilityJULY 20TH, 2018 JOYLYN BUKOVAC EVANSVILLE, INDIANA“It’s been a great experience here 12 years, and it’s gone really fast,” says Ron Geary, owner of Ellis Park. Geary is looking back on his time at Ellis Park and looking forward to what’s next. “We are starting to track some of the best trainers in the country. Some of the best horses are coming in here, and I think it’s going to get just better and better.”Geary owns 70 percent of the facility, and the other 30 percent is owned by the Saratoga Group. Now that Geary is ready to retire, Saratoga will be the sole owner.“It was just natural. When Ron decided to step aside, then we would step in. So we think there’s still some opportunity here with the historical racing and things that may come up in the future,” says Alex Tucker, treasurer of Saratoga Casino and Hospitality Group.Saratoga officials plan to focus on a new marketing campaign, but aside from small tweak, they say no jobs are in jeopardy.“Ron’s put together a great team. They are doing a great job, and we don’t anticipate changing anything in the immediate future,” says Tucker. Right now, they’re focusing on how they can improve Ellis Park. “It’s really more of a fact-finding mission at this point to figure out what’s going on and how we can be helpful.”last_img read more

Pension dashboard: UK to force pension funds to provide data

first_imgSource: UK parliamentAmber Rudd, UK secretary of state for work and pensionsRudd added that the dashboard project would eventually “enable people to access their pension information in a single place online, in a clear and simple form”.“Putting individuals in control of their data, pensions dashboards will bring together all pensions information from multiple sources, which can then be accessed at a time of their choosing,” she said. “Our priority is to ensure that information is presented securely, in a clear and simple format to support consumers with their retirement planning.”In its report, the DWP said it expected multiple dashboards to become available from commercial and non-commercial providers, but emphasised that all models would be based on the same “digital architecture” and would display “the same basic information from the same number of schemes”.The department also outlined its expectations for data security, user testing, system design and how each party in the system would be held accountable for providing data.How the industry reacted“After years of talk about the pension dashboard we need to ensure that what is delivered meets people’s expectations from the start. If done properly the dashboard will give people a full understanding of what they have saved. If it is rushed, or we don’t have all interested parties on board from the beginning, there is a risk that we will not be able to deliver something meaningful or credible and the opportunity to engage people will be lost.“In addition, the government’s plan to provide a link to state pension is simply not good enough – pressure needs to be put on HM Revenue & Customs to get the state pension data integrated from day one if the dashboard is to work. The opportunity presented by the dashboard is too important to be lost – we must get it right first time.”– Helen Morrissey, pension specialist, Royal London “This response from the government marks the beginning of the next phase of the pensions dashboard. But let’s not dwell for too long, because we now need to get our collective heads down and crack on if we’re to develop something that really delivers for pension savers.“As always there is a balance to be struck between innovation and consumer protection, but we think the proposal to permit multiple dashboards is a positive step and dovetails nicely with the modern way in which people manage their finances.”– Darren Philp, director of policy and communication, Smart Pension“The pension dashboard is a real game-changer for customers and their engagement with pensions. The dashboard is essential for those who are actively saving into a pension, and for those who have pensions they are no longer contributing to. People will be able to view all of their pension saving information instantly in one place which will make it easier for them to keep track and plan for their future. In time, this could even see the end of the industry-wide issue of lost pension pots.”– David Woollett, head of customer strategy and oversight, Phoenix“We need the pensions dashboard because we need to bring pensions out of the digital stone age. By doing so, the potential for savers is enormous… It won’t be easy, but the achievement of great things never is. With the government now fully committed, and with a sensible route map to success, all must now move forward with confidence, purpose and ambition.”– Alistair McQueen, head of savings and retirement, Aviva “The pensions dashboard has the potential to fundamentally change the way people think, feel and interact with their pension savings. But simply providing a window to view savings isn’t enough. To tackle the growing challenge of small pension pots, the dashboard needs to be built with the functionality to allow savers to easily consolidate their smallest pots with a simple ‘drag and drop.’“The dashboard will only work if it provides a genuinely holistic view of the entirety of an individual’s pension entitlements, including the state pension. We strongly believe that the dashboard should be compulsory and hope the government can navigate this legislation speedily through the current choppy waters in parliament.”– Adrian Boulding, director of policy, NOW: Pensions UK pension schemes will be legally obliged to provide data to new “pension dashboards” under a proposed government framework published today.The Department for Work and Pensions (DWP) said it was “committed to compelling schemes to provide information” through dashboards, and urged pension schemes and providers to begin getting data ready for the first models to be tested this year.A dashboard delivery group will be set up this year under the supervision of the Money and Pensions Service, a government-backed consumer guidance body. This group will then oversee the development of the dashboard project.Legislation would be put to parliament “at the earliest opportunity” to allow for compulsion, the DWP said. Amber Rudd, secretary of state for work and pensions, said in a written statement to parliament this morning that the government expected to see the first workable models developed and tested this year, although pension schemes would be given three or four years to prepare their data for inclusion.center_img The pension dashboard: a roller-coaster journeyThe dashboard concept has had a volatile early-stage development. Last summer, a UK newspaper reported that the previous work and pensions secretary, Esther McVey, was considering ditching the project in favour of other welfare reforms.However, in a remarkable show of support, the pensions sector rallied behind the idea and nearly 90,000 people signed an online petition calling for the government to reconsider. It subsequently backed the dashboard concept but put the emphasis on the industry to develop the models.In a feasibility study published in December, the government made it clear that the pension industry would foot the bill – although chancellor Philip Hammond pledged £5m of government funds to help development work.The Association of British Insurers – which has been leading work on the dashboard concept since 2015, along with technology firm Origo – said in its response to the government’s consultation that dashboards were “seen by the industry as a cost to be incurred for the benefit of consumers”.Nick Reevelast_img read more

Highest-paid official by Tokyo 2020 Bid Committee helped lobby Diack to secure votes

first_imgA former executive at Japanese marketing agency Dentsu, who was given millions of dollars to help Tokyo’s successful bid to host the 2020 Olympic and Paralympic Games, has claimed he played a crucial role in securing the support of officials including Lamine Diack. According to Reuters, Haruyuki Takahashi was paid $8.2 million (£6.6 million/€7.5 million) for his work, which included lobbying senior International Olympic Committee (IOC) members, by Tokyo’s Bid Committee. Takahashi, reportedly the single largest recipient of money from the Committee, admitted he had given Diack gifts as part of his attempt to secure the vote of the disgraced former International Association of Athletics Federations President and other members. The Tokyo 2020 Executive Committee member denied wrongdoing and claimed there was nothing improper with how he used the money, Reuters reported. Takahashi insisted it was normal to give gifts, which reportedly included watches and cameras, to the likes of Diack, who is among those suspected of taking bribes to help Japan’s bid for the Olympic and Paralympic Games. Under International Olympic Committee (IOC) rules, the giving of gifts was not prohibited and there was no specific cap on the amount which could be spent on them. “You don’t go empty-handed,” Takahashi told Reuters when asked about the gifts. “That’s common sense.” Loading… Takahashi added he was paid the money through his company, Commons Inc, to “wine and dine” those who could assist in Tokyo’s effort to win the race to host the Games. Dentsu, Tokyo 2020’s marketing agency, has regularly been forced to disassociate itself from allegations it has been involved in corruption cases due to its close links with Lamine Diack. Lamine Diack and Papa Massata Diack are at the centre of a corruption probe relating to the bid process for the 2020 Olympics and Paralympics. They are under investigation in France regarding alleged corruption over payments worth around $2 million (£1.6 million/€1.8 million) made to Black Tidings, a group with ties to Papa Massata. The former IAAF head, a member of the IOC during the time of the vote and who had considerable influence over the African members, has been under house arrest in France since 2015 in a separate case, where he is accused of corruption, influence-trafficking and money laundering linked to the Russian doping scandal. Diack’s trial in Paris had been due to start in January before it was delayed until June after prosecutors received documents concerning testimony from Papa Massata, a co-defendant in the Russian case. Read Also:Too rich to bribe: Diack junior denies Russian doping graft Former Japanese Olympic Committee President Tsunekazu Takeda, chair of the Tokyo 2020 Bid Committee, is also being investigated over allegedly authorising the payments to Black Tidings. Takeda, who denies wrongdoing, resigned as JOC President and as a member of the IOC last year after he was implicated in the scandal. FacebookTwitterWhatsAppEmail分享 Promoted ContentThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreCouples Who Celebrated Their Union In A Unique, Unforgettable Way10 Of The Most Powerful Women Across The GlobeWho’s The Best Car Manufacturer Of All Time?9 Facts You Should Know Before Getting A Tattoo6 Interesting Ways To Make Money With A Drone2020 Tattoo Trends: Here’s What You’ll See This YearWhat Is A Black Hole And Is It Dangerous For Us All?Who Is The Most Powerful Woman On Earth?9 Talented Actors Who Are Only Associated With One Role6 Movies Where A Car Plays A Key Role7 Universities In The World With The Highest Market Valuelast_img read more