Marine Corps amputee overcomes odds to become a police officer

first_img KUSI Newsroom, Posted: August 3, 2018 Categories: Local San Diego News, National & International News, Trending FacebookTwitter 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave Settings August 3, 2018center_img KUSI Newsroom While serving with the marines in Iraq– he lost a leg to a roadside bomb– and was told he would never walk again. But today he is a police officer in the South Bay.KUSI’s John Soderman has the Special Report. Marine Corps amputee overcomes odds to become a police officerlast_img read more

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Rail closures from Oceanside to San Diego scheduled for this weekend

first_img SAN DIEGO (KUSI) – Rail service along the Los Angeles-San Diego-San Luis Obispo rail corridor from will be suspended Saturday through 5 a.m. Monday from Oceanside to San Diego for track and signal improvements, according to the San Diego Association of Governments.The scheduled rail work in Cardiff-by-the-Sea, Carlsbad and San Diego is the first of two weekend-long closures for track and signal improvements along the LOSSAN corridor. Service will also be suspended from Oct. 20 to Oct. 22. Rail service for the four railroads affected by the closures — the North County Transit District, Metrolink, Amtrak and freight line BNSF — is expected to resume Monday for morning commute hours, albeit with possible delays.Track crews in Cardiff-by-the-Sea will replace rail ties as part of a double-tracking project to add a second rail track between Cardiff-by-the-Sea to the San Elijo Lagoon. Work crews connected the second line to the existing track last month. Workers will also update the rail signals at the Chesterfield Drive grade crossing.Crews in Carlsbad plan to prepare the NCTD Coaster Poinsettia Station for a new western alignment of the existing track as well as move existing rail signals at the station to more optimal locations. The $33.7 million Poinsettia Station Improvements Project “will lengthen and elevate passenger platforms, install a fence between the tracks within the station, relocate a section of the existing tracks, and replace the existing at-grade rail crossings with an undercrossing featuring stairways and ADA compliance ramps on both sides of the tracks,” according to SANDAG, which expects the project to be completed in 2020.Crews in San Diego will work on improvements to the San Diego River Bridge and structures along the Elvira to Morena Double Track Project. In addition, NCTD crews and San Diego’s Metropolitan Transit System will make improvements to track crossings at the Old Town Transit Center.The rail work is part of SANDAG’s Build NCC (North Coast Corridor) program, a 40-year, $700 million effort to repair and expand vehicle and rail transportation infrastructure throughout San Diego County. SANDAG officials and work crews expect to finish this weekend’s projects between 2019 and 2020. Categories: Local San Diego News, Traffic & Accidents FacebookTwitter KUSI Newsroom, Posted: October 13, 2018 Updated: 5:29 PMcenter_img KUSI Newsroom October 13, 2018 Rail closures from Oceanside to San Diego scheduled for this weekendlast_img read more

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Vandalism reported at SDSUs Black Resource Center

first_img Posted: April 15, 2019 Updated: 6:45 PM Vandalism reported at SDSU’s Black Resource Center 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (CNS) – Police at San Diego State University Sunday were investigating a break-in at the school’s Black Resource Center.University officials announced in a Facebook post that the center, located on Lindo Paseo just west of Campanile Drive, had been vandalized at some point since Friday evening.A television was found broken and some items were moved around inside the building, SDSU spokeswoman LaMonica Everett-Haynes said in an email. No staff were present when the incident occurred, and it wasn’t discovered until Sunday morning.“SDSU focuses on providing an environment of safety and respect for all community members and does not tolerate this type of behavior,” the university’s statement said.In an email to the campus community, SDSU Chief Diversity Officer J. Luke Wood said additional safety measures have already been put into place at the Black Resource Center since the start of the spring semester, and more were in the works — including an increase in university police patrols around the center.“Incidents such as that which has occurred at the BRC do not minimize our commitment to our community — they strengthen them,” Wood said in the email.Officials asked anyone with information on the break-in to contact the San Diego State University Police Department at (619) 594-1991, or by email at policeinvestigations@sdsu.edu.It’s the second time in the last two months SDSU’s Black Resource Center, which opened a little more than a year ago, has been in the news. On March 2, a person parked outside the building recorded a video in which a group of men appear to drive by off-camera shouting a racial slur.After that incident, the university issued a statement condemning the act and held healing circles on campus. KUSI Newsroom, center_img April 15, 2019 KUSI Newsroom Categories: Local San Diego News FacebookTwitterlast_img read more

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Reform California hosts SANDAG road repairs town hall in San Marcos

first_imgReform California hosts SANDAG road repairs town hall in San Marcos Jonathan Halvorson, Jonathan Halvorson Posted: June 25, 2019 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – Former San Diego City Councilman Carl DeMaio and his political action committee, Reform California, are hosting a town hall to discuss SANDAG’s spending proposal.DeMaio joined Good Morning San Diego saying “the agency’s plan is to cut 14 freeway and highway improvements and shift all of that money into “transit” for downtown San Diego and to fund conversion of road lanes to dedicated bike lanes.”The town hall starting at 6:30 p.m. at the San Marcos Community Center and is aimed to “engage San Diegans about the issue and continue to fight back against the politicians who want to push these road raids,” said DeMaioPlease RSVP at reformcalifornia.org/events center_img Categories: Good Morning San Diego, Local San Diego News FacebookTwitter Updated: 10:43 AM June 25, 2019last_img read more

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Vancouver technology executive reflects on Indian income inequalities

first_imgSuperlatives about India abound. As a member of the U.S. Commerce Department high-technology trade mission to India, I have heard high-level Indian government officials recite well-known facts about “the world’s largest democracy” and less-known trivia about India being “the world’s largest producer of dairy products.”But to continue to expand our company’s laser business in India, I’m less interested in the sometimes simplistic statistics about the world’s second most populous country and more interested in finding specific markets that have the potential for enormous growth.Not far from the western-style hotel of the trade mission, the streets are jammed with small cars, three -wheel cabs, motorcycles, and scooters. They provide a glimpse into the automotive market that is dynamic yet not well understood. Few in the US have heard of the Maruti Suzuki Alto, yet it is the largest selling car in the world today and is produced at a sprawling plant on the outskirts of Delhi. This vast plant produces over 1 million cars per year and currently cannot meet demand, as small car sales in India increased over 30 percent last year.While the Indian automotive industry is only the world’s seventh- largest today, it is forecast to grow over 300 percent over the next decade to over $145 billion – and contribute 10 percent of the nations GDP. Cars such as Tata Motors’ Nano also exhibit a new approach to car design that has been called “Gandhian engineering” and has resulted in a car that costs under $3,000. (Editor’s note: Gandhian engineering, also called frugal engineering, is the science of breaking up complex engineering processes into basic components and rebuilding the product in the most economical manner possible.)These trends are opening up new opportunities, but the auto industry also offers a vivid example of at least two challenges facing India. First, the constant traffic jams and haze surrounding Delhi will surely only get worse with continued demand growth and lagging infrastructure investment. Second, income inequality has increased significantly in India and car sales seem to reinforce this trend: while small cars are growing at 30 percent per year, luxury cars from Mercedes and Audi that cost many times the typical salary have grown at over 50 percent per year. But as I see an entire family on a motorcycle it is not clear which issues should take priority.last_img read more

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Pedestrian hospitalized after being struck by pickup

first_imgA man was taken to the hospital after he was struck by a Toyota pickup while attempting to cross Northeast Andresen Road Saturday morning. Vancouver firefighters were dispatched to Northeast 22nd Street and Northeast Andresen Road at 7:07 a.m. The man who was hit was conscious and able to answer questions, said Kevin Stromberg, spokesman and firefighter-paramedic for the Vancouver Fire Department. The man was not in a crosswalk when he was struck. He was taken to PeaceHealth Southwest Medical Center, but did not have any obvious injuries, Stromberg said.last_img read more

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Land trust acquires Columbia River habitat

first_imgThe Columbia Land Trust on Wednesday announced the acquisition of a 109-acre parcel just off the Columbia River, securing vital habitat to numerous wildlife species, the organization said.The Vancouver-based nonprofit purchased Kerry Island from the Jenks family, which had owned it since 1946. The island sits along Westport Slough, an 11-mile channel on the Oregon side of the river. The property is about eight miles from Clatskanie, Ore.The land had been run as a cattle and hay farm for decades, until Chester and Cleo Jenks retired in the early 2000s, according to the land trust. The trust now hopes to restore the property to perpetual habitat for salmon, steelhead and other endangered wildlife.The trust completed the $320,000 purchase with ratepayer funds from the Bonneville Power Administration. The organization will develop a management plan for the property in the coming year with input from the public.last_img read more

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Skyview student 15 expected in court today on threat allegation

first_imgA 15-year-old Skyview High School freshman is due to make a first appearance in juvenile court this morning after allegedly threatening to bring a firearm to school and shoot students.He was arrested Thursday after making the threats, but was unarmed, according to the Clark County Sheriff’s Office. Staff learned about his plans after the student told some of his classmates and showed them a website where he would get a gun to carry out the threats, the sheriff’s office said. The student was immediately detained at the Salmon Creek school, according to the sheriff’s office. School resource officers investigated the accusations and arrested the student Thursday. He was transported to the Clark County Juvenile Detention Center. It doesn’t appear the student had access to weapons at his home, according to the sheriff’s office. The name of the student was not released, and the sheriff’s office continues to investigate.last_img read more

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High winds push growing Washington wildfire

first_imgWINTHROP — Pushed by howling, erratic winds, a massive wildfire in north-central Washington was growing rapidly and burning in new directions Saturday.Road closures and evacuations were changing regularly, as hot weather and winds with gusts up to 30 mph were pushing the fire over ridge tops and toward a cluster of small towns northeast of Seattle.“This is a very active and fluid situation,” fire spokesman Chuck Turey said.As of Saturday morning, the lightning-caused fire had scorched nearly 340 square miles in the scenic Methow Valley. The fire was measured at 260 square miles Friday.People living between Carlton and Pateros have been told to leave their homes. The fire has blackened hillsides, destroyed homes and downed power lines. Many towns were without electrical power or phone service Saturday.Officials said there are no reports of serious injuries and only one more structure was destroyed overnight by the lightning-caused wildfire.Minor burns and bruises had been reported, but Turey called that “a pretty amazing safety record.”Airplanes and helicopters were dropping water and fire retardant on all parts of the fire, with no one area more of a concern than another, Turey said.“We’re seeing some wind shifts so that the fire is going to be pushed in some directions it hasn’t been pushed to date,” he said, adding that the good news is that in some places the wind is pushing the first back on itself.last_img read more

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Lint ignited east Vancouver fire that displaced 7 people

first_imgA Christmas Day fire that displaced three adults and four children in east Vancouver was caused by lint that ignited inside the dryer vent.One of the residents reported the fire at 1:01 p.m. Thursday at 16501 N.E. Ninth Way in a neighborhood of rental duplexes just off the busy Northeast 162nd Avenue corridor. Vancouver firefighters arrived to find fire under the house.A long vent pipe had caught on fire, which spread to the laundry room, causing smoke damage throughout the house, according to the Clark County Fire Marshal’s Office. Damage to the residence and its contents is estimated at $154,000. The seven residents are living elsewhere while the home is repaired. The second duplex unit was not damaged by the fire. According to the fire marshal’s office, people should regularly clean dryer vents, especially when they’re long.last_img read more

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New board members join schools foundation

first_imgThe Foundation for Vancouver Public Schools has added the following board members for 2014-15:• John Cameron: senior vice president, Umpqua Wealth Management• Heather Lindberg: president, Vancouver PTA Council• Christopher Magana: managing director, IMS Capital• Lynn Maiorca: president, Vancouver Education Association• Bernard Veljacic: judge, Clark County Superior Court• Nada Wheelock: community volunteer• Brian Willoughby: community and public relations specialist, Legacy Salmon Creek Medical CenterThe nonprofit foundation provides money for programs including Kindergarten Jump Start, Lunch Buddies, Principals Checkbook, scholarships, medical and dental care and more that support students and education in Vancouver Public Schools. The annual spring luncheon is at 11:30 a.m. May 21 at Hilton Vancouver. For details, call 360-313-4730 or visit www.foundationforvps.org.last_img read more

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Melco hoping to commence Studio City Phase 2 construction in 3Q18

first_img Load More Melco International Development grants Evan Winkler HK$269 million share options RelatedPosts Evan Winkler appointed President as Melco Resorts implements latest management overhaul Melco Resorts Chairman and CEO Lawrence Ho says he wants the company to commence construction of Phase 2 of Macau integrated resort Studio City within the third quarter this year in order to meet its July 2021 deadline.The tightening schedule follows a three-year extension granted by the Macau government in February for completion of Phase 2 from 24 July 2018 to 24 July 2021. Addressing media questions at Friday’s grand opening of luxury hotel Morpheus at its flagship Macau IR City of Dreams, Ho said that Melco was currently finalizing Phase 2 expansion plans alongside its Studio City partners with the goal of commencing construction within the next few months. Studio City is 60% owned by Melco Resorts with the other 40% held by US hedge funds Silver Point Capital and Oaktree Capital Management.“We have to work alongside some government departments, plus the shareholding structure for Studio City is a bit different so we have to work with two shareholders,” Ho said.“We are still negotiating so hopefully in the second half we will commence work because by July 2021 we need to complete everything. Q3 or Q4 we want to commence work.”Ho also confirmed that Phase 2 would be completely non-gaming with no plans to add a separate casino, however he said he was confident that the company was well-placed to be issued extra gaming tables for its existing Studio City casino in the future.“We are very confident,” he said. “In the last 10 years in Macau in terms of non-gaming and diversification, we have already started following [government diversification instructions] if you look at The House of Dancing Water (at City of Dreams) and the elements at Studio City.“In regards to our minority shareholders’ views, it is subject to their approval but in any case our gaming area in Phase 1 is enough. We can add slot machines if we want but in Phase 2 the business model needs to be a bit different. We can already accommodate the gaming needs in Phase 1.“Our company all along has attached great importance to non-gaming amenities as evidenced by Morpheus, so Phase 2 will really place the focus on other types of entertainment. Phase 2 will be about how we can complement Phase 1.”Ho revealed at G2E Asia last month that Melco will unveil a new stunt show at Studio City in December – a collaboration with renowned entertainment architecture firm Stufish. Melco Resorts defers acquisition of second tranche of Crown shares until conclusion of regulatory inquirylast_img read more

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Net cash strength gives Genting Singapore a Japan advantage says analyst

first_imgGenting Singapore’s strong net cash position gives it a clear advantage in the race to win one of three Japan IR licenses on offer, according to Maybank Kim Eng Holdings Ltd regional gaming analyst Samuel Yin Shao Yang.In an interview with The Edge Markets, Yin suggested Genting was in better shape than many of its Japan rivals due to the conservative nature of local authorities and concerns over a potential US-China trade war. Lack of premium mass strategy begs questions of SJM’s Grand Lisboa Palace launch: analysts Load More RelatedPosts Huawei Japan joins Kansai Economic Federation with eye on World Expo 2025 and Osaka IR Genting’s Resorts World Las Vegas names five key additions to executive team “Las Vegas Sands Corp and many other American casino operators are mostly in a net debt position, but Genting Singapore is huge in net cash. For that, the Japanese would probably prefer them,” he said, pointing to cash flow problems experienced by Las Vegas Sands during the 2009 Global Financial Crisis that led to a temporary pause on the construction of Macau IR Sands Cotai Central.“This time around, given that there may be another GFC brewing with the ongoing trade war, the Japanese probably want to work with someone who is in a net cash position. So, Genting will be in a favorable position.”According to Bloomberg information, the four big US operators – LVS, MGM Resorts, Wynn Resorts and Caesars Entertainment – are all in a net debt position with Caesars and Wynn holding a net debt-to-shareholders’ equity ratio of 5.25 times and 3.97 times and LVS and MGM having debt-to-equity ratios of more than 100%.In that regard, Macau’s Galaxy Entertainment Group looms as a strong contender due to its own net cash position although it “might have some disadvantages because China and Japan are not the best of friends at the moment,” says Yin.“Singapore is [also] quite stringent on social safeguards for casinos. Japan has been making so many references to Singapore’s casino model that I almost lost count. But to me, being in a net cash position is another plus point.”last_img read more

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34 too tired from work to enjoy life outside of it

first_imgOver a third (34%) of respondents are too tired to enjoy life outside of work as a result of their job, according to research by communications consultancy Lansons.Its Britain at work report, which is based on two surveys conducted by Opinium with 2,003 and 2,008 UK employees, found that this dropped to 27% among those aged 55 and over.There is little difference between the genders, with 34% of female respondents and 33% of male respondents reporting that their work means they are too tired to enjoy their free time.The research also found:Health and wellbeing28% of respondents work one to two hours past their set working time each day, while 50% put in average overtime of one hour or less.Those in the education industry are most likely to work past their standard daily working hours, with 19% of respondents in the sector always working beyond their set hours.1.36 hours is the average length of time that London-based respondents who work past their set hours put in.Around half (51%) of those working for large organisations say their employer is supportive of staff coping with mental health issues.61% of respondents at large organisations say their employer is supportive of those with physical disabilities.Reward and recognitionAlmost half (47%) of respondents say they feel valued at work, while 52% say they feel respected.55% received a pay rise over the last 12 months and 34% received a bonus.Less than half (44%) of respondents think they are paid fairly.Employee attitudes towards their organisationLess than half (48%) of respondents are proud of where they work.34% say they do not feel a great sense of loyalty to the organisation they work for.Just one in ten (10%) of respondents are very likely to recommend their employer to others.39% say they would leave their organisation tomorrow if they had another job to go to.Scott McKenzie (pictured), director of change and employee engagement at Lansons, said: “We are still working very long hours, giving away almost a whole working day per week. And yet our productivity does not match up to that additional time we’re spending at work. “There is surely a virtuous circle in taking steps to improve the work-life balance of UK workers, while at the same time ensuring a sustainable and more productive working environment.“We would strongly recommend that UK employers take the necessary steps to ensure there is an open dialogue to ensure that problems can be addressed before they reach boiling point.”last_img read more

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Back to basics on pensions autoescalation

first_imgNeed to knowAuto-escalation is a design built into a pension scheme that automatically increases contributions on a set date at regular intervals, for example, April each year.While it is similar to the Save More Tomorrow concept in the US, auto-escalation has not yet taken off to any great extent in the UK.Auto-enrolment can be viewed as a type of auto-escalation, but many people in the industry suggest that the contributions alone will not provide an adequate retirement income. Auto-enrolment was implemented to seek a solution to the fact that many employees were not saving enough for retirement, and did not have access to a workplace pension. However, since the contribution rates were first set, critics have argued that these alone will not provide an individual with a comfortable retirement income.Royal London’s Death of retirement policy paper, published in February 2016, found that if an average wage earner starts saving the minimum contribution level when they are 35, they will need to work to the age of 79 for a gold-standard pension (a total pension of two-thirds of their pre-retirement income) with index linking and survivor benefits. The average wage earner will need to work until they are 78 for an index-linked pension, where retirement income is linked to the level of inflation, and to the age of 76 for a level pension, where they receive a fixed retirement income.Auto-escalation has been suggested as a means of overcoming the issue of low contribution rates. Working in a similar vein to the concept of Save More Tomorrow in the US, which sees employees increase their contribution rate when they receive a pay rise, auto-escalation requires employees and employers to increase their contributions on a fixed scale at a pre-determined interval. Rona Train, partner at Hymans Robertson, says: “Most pension schemes tend to have a flat rate of pension contribution; most structures [keep] that amount on a consistent basis throughout someone’s life, for example a 5% and 5% match each year.”Auto-escalation sees that amount increase each year, usually at the same rate, for example 1%, so that contribution rates gradually increase, with a cap set at some future time point.An ideal date in the year to increase contribution levels is at the time of the annual salary review and pay rise. “As people’s salaries go up and they get promotions, their level of contribution goes up at the same time,” says Train. “The argument is that [when an employee gets a pay rise], if that comes off automatically, they won’t really notice what they don’t have.”Of course, this is reliant on an environment of steady pay growth, and requires an employee to sign up to the scheme. Alan Morahan, managing director at Punter Southall Aspire, says: “There does have to be a process sitting behind that; there needs to be rules built into the payroll system so that it is automatically picked up. It’s appropriate to remind employees that the increase is going to happen, and that they have the opportunity to opt out of future increases, if for whatever reason they feel it is not appropriate to do so.”Auto-escalation has not taken off to any great extent in the UK as yet, perhaps while employers ensure that their pension schemes are fit for auto-enrolment and the pension freedoms requirements. Andy Parker, principal at Mercer, says: “In the UK, there are very few organisations that do [offer auto-escalation] and that’s typically because the focus has been more on designing the pension plan, getting it up and running, meeting all the new regulations. Maybe the next step will be a real focus on member benefits; how much money members are actually going to get from their defined contribution plan.”Taking the lead from the way the scheme operates in the US is not a bad thing, says Morahan. “There’s little experience in the UK, but the wider experience in the [US] is that good numbers of people stick with it. Even if they don’t go through the full process, maybe five or seven years, they will normally allow some increase to happen and it’s probably more than would have happened had that form of auto-escalation not been in place,” he says.Auto-enrolment can be viewed as a kind of auto-escalation plan because of its gradual increase to the 8% total contribution rate in 2019. Auto-enrolment could help raise awareness among employees of the importance of effective retirement planning and the impact that their contribution will have. “The point to make on top of [auto-enrolment] is that we all know that the 8% going in for the vast majority of people is not going to be enough,” says Train.“The question is what happens to auto-enrolment rates over time? Is there a strong argument that once we get to the auto-enrolment rate in [2018/2019], should the system then be looking to auto-escalate people on a continual basis after that?”last_img read more

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43 would feel more valued if offered group income protection or critical

first_imgJust under half (43%) of respondents would feel more valued at work if their employer provider group income protection (GIP) or group critical illness cover, according to research by Canada Life Group Insurance.Its survey of 1,004 full and part-time employees also found that 29% of respondents would be more likely to stay with their organisation if it provided GIP and group income protection cover.The research also found:31% of respondents without income protection would be worried about how to survive financially if an injury or illness prevented them from working; this rises to 45% for respondents who have two children.61% of respondents do not have any form of income protection.27% of respondents without income protection would rather take the risk than pay for income protection, and 18% believe they will never need income protection.44% of respondents are unable to afford income protection.50% of respondents agree it would be very important to return to work as quickly and safely as possible following an illness or injury, with 62% citing financial reasons.Paul Avis (pictured), marketing director at Canada Life Group, said: “From an employer’s perspective, GIP is a relatively minor cost with major potential gains. Not only can GIP prevent valuable staff from taking long-term absence, but it’s a great way of improving recruitment and retention.“Additional benefits like GIP make a benefits package stand out at a time when all employers are now, or soon will have to, offering pensions through auto-enrolment. Our research shows employees who are offered GIP feel more valued and are more likely to stay within their organisation, making this a highly valuable retention tool.”last_img read more

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FTSE 350 defined benefit pension deficit falls to £149bn

first_imgThe accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 listed organisations fell from £152 billion at the end of September 2016 to £149 billion on 31 October 2016, according to research by Mercer.Its Pension risk survey, which is based on analysis and projections of FTSE 350 organisations’ financial statements adjusted from their financial year end, also found that asset values dropped from £720 billion at the end of September 2016 to £711 billion at the end of October.Liability values decreased by £12 billion, falling from £872 billion to £860 billion at the end of October 2016.Le Roy van Zyl, senior consultant, financial strategy group at Mercer, said: “Rising inflation expectations have put a dampener on what would otherwise have been a good month for pension scheme funding levels. Despite promising signs for developed market economies, the uncertainty around Brexit for UK inflation, interest rates and growth orientated assets means that trustees and sponsors must continue their vigilance. This will particularly be the case if there is a sense that the outlook for the sponsor’s business has been adversely affected.“Given that clarity around Brexit will not emerge for some time to come, it is important that trustees and sponsors now work through the various potential scenarios and arrive at appropriate outcomes for all. In this way there is still time to take steps to contain risk at an acceptable cost.”last_img read more

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EAT rejects Addison Lees appeal in employment status case

first_imgThe Employment Appeal Tribunal (EAT) has dismissed an appeal by taxi and courier organisation Addison Lee regarding employment status, judging that a courier was incorrectly classified as an independent contractor.In the case, Addison Lee v Gascoigne, brought by the Independent Workers’ Union of Great Britain (IWGB), the Central London Employment Tribunal (ET) ruled in August 2017 that former courier Chris Gascoigne had been misclassified as self-employed, and that the organisation had therefore failed to pay him for holiday.The tribunal found that the working relationship between Gascoigne and Addison Lee classed him as a limb b worker, rather than an independent contractor.Addison Lee appealed firstly on the grounds that there was no basis to conclude that Gascoigne was under obligation to accept jobs, and secondly that there were factual errors in the tribunal’s assessment of him as a limb b worker.The EAT rejected both grounds of the appeal. It judged that the ET’s decision that there was a contract with mutual obligations that applied during the employee’s log-on periods was unimpeachable. It also found that there was no basis to challenge the ET’s assessment of Gascoigne as having limb b employment status.In September 2017, the Central London Employment Tribunal ruled against Addison Lee in a similar case: Lang, Olszeski and Morahan v Addison Lee. It found that the three claimants had been misclassified and were therefore entitled to greater employment rights, including holiday pay.Jason Moyer-Lee, general secretary at IWGB, said: “For anyone who has the vaguest awareness of employment law, the fact that Addison Lee has lost its appeal will come as no surprise. The real shocker is that, even though tribunal after tribunal after tribunal has shown that [organkisations] in the so-called ‘gig economy’ are unlawfully depriving their workers of rights, the government still does nothing but talk.”An Addison Lee spokesperson stated: “We will study the ruling carefully before making any decisions on next steps.”last_img read more

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Hodge Jones and Allen launches employee ownership trust

first_imgLaw organisation Hodge Jones and Allen (HJA) has transferred to an employee ownership trust (EOT).Sole remaining founding partner Patrick Allen said he decided to create the EOT so that the solicitors’ ethos of helping people would continue and all of the staff could benefit.The move is apart of a succession plan to enable Allen to take a less active role in the business, which has an annual turnover in excess of £17 million. The organisation will be able to make tax-free distributions to its 230 employees up to a maximum of £3,600 per annum.The shares in Hodge Jones and Allen will be owned 100% by the EOT. Senior partner Allen will act as trustee with managing partner Vidisha Joshi, and Kingsley Tedder will become an independent external trustee for corporate governance and compliance.There will be no change in the day-to-day running or operation of the organisation.Allen said: “Becoming employee owned reflects the people-first entrepreneurial spirit that has been the backbone of HJA since 1977. It provides continuity for our partners and staff, and therefore our clients. It is the perfect model for an organisation like ours.“I wanted to ensure that the organisation could continue to grow in the same way as I intended when I founded it over 40 years ago. We have a fantastic team and we help people who may not always be able to access advice and redress. I see this as a way in which my vision can go forward and thrive into the future.”last_img read more

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