Category Archives: fyhycq

FILM: Protect Bears Ears, Utah

first_imgJosh Ewing began visiting the Bears Ears region of southeastern Utah to climb at Indian Creek and explore the local archaeology. But when he gave up a 6-figure salary in advertizing to move to the town of Bluff, he saw degradation from oil drilling, looting, and careless visitors. Ewing knew simply loving a place was no longer enough. “If I’m going to be working my ass off, I want to be working my ass off for something I really care about.” He was asked to head up the organization “Friends of Cedar Mesa” and is working to protect it.  #ProtectBearsEarslast_img

9 social media marketing solutions for credit unions

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Social media presents opportunities for banks and credit unions to generate meaningful connections with customers and members, attract desirable consumers and achieve ongoing business initiatives. With improved targeting, enhanced advertising, compliance support, developments in ROI tracking and more, social media now has the potential to play a meaningful role in your financial institution’s marketing Brenna Keough, Digital Strategist at ZAG InteractiveWho said banking is boring? Okay, so maybe savings accounts and mortgage loans aren’t the top trending topics on Twitter. But that doesn’t mean you shouldn’t talk about them on social channels. It just means you have to treat them in a way that makes them approachable, relevant and interesting. That is what social media marketing allows banks and credit unions to do — communicate with existing and prospective consumers in a way that is personal and relatable, while achieving quantifiable business results.Social media is ubiquitous, so to stay relevant, financial marketers will need to understand the capabilities and opportunities of various social media platforms. With a unique ability to establish and maintain relationships, financial institutions will need to embrace, resource and advocate for social media as an integral ingredient in their overall marketing mix.1. Creating ConnectionsSocial media facilitates two-way communication and enables banks and credit unions to talk with — not simply to — customers and members. Financial Social Media reports that 44% of mass affluent consumers that use social media interact with financial institutions specifically. Interacting with customers and members on social media cultivates mutually beneficial, stronger relationships, which can contribute to brand loyalty and customer satisfaction. continue reading »last_img read more

Proposed banking overhaul sets up high-stakes battle

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Kevin CirilliThe chairman of the Senate Banking Committee on Tuesday proposed the largest overhaul of financial rules since the Dodd-Frank Wall Street reform law, pinning his hopes for passage of the sweeping bill on a small group of moderate Democrats.Sen. Richard Shelby’s (R-Ala.) plan, detailed in a 216-page “discussion draft,” centers on provisions that would dramatically raise the threshold that determines which banks are labeled “systemically important” and thus subject to more stringent federal supervision.The proposal aims to ease regulations on smaller banks and credit unions, while also making structural changes at the Federal Reserve designed to increase transparency and shift more influence to the central bank’s regional outposts.Shelby intends to move legislation forward quickly, and is looking to the panel’s centrists for crucial support. continue reading »last_img read more

Creating intelligent branch banking experiences to drive growth opportunities

first_img continue reading » Financial institutions are taking a fresh look at the brick-and-mortar branch – location, size, offerings, staffing and technology – to create a new banking experience for their accountholders. Innovative self-service capabilities such as interactive teller machines (ITMs) are at the forefront of new approaches to branch banking, blurring the line between the physical and digital worlds.Far from becoming obsolete, the reinvented branch is a key growth strategy for many financial institutions, including Sunmark Federal Credit Union. To create a presence in new communities and strengthen bottom-line results, the Albany, NY, credit union recently opened two smaller, more digitally focused branches that feature self-service ITMs. Sunmark’s vice president and CIO, Darryl Enfield, said the response to the new branches has been overwhelmingly positive.“Some in the industry say to abandon brick-and-mortar, stop building additional branches and move everything to mobile and online,” Enfield said. “But our members really do value the branch experience and have embraced self-service capabilities.” ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

As final votes are counted in Arizona, Biden’s lead narrows.

first_imgFormer Vice President Joseph R. Biden Jr. has maintained a steady but slightly narrowing lead in Arizona vote tallies after Election Day, with Latino voters lining up behind the former vice president in a state that President Trump won by three and a half percentage points in 2016.As of early Thursday, Mr. Biden led Mr. Trump in Arizona by 68,400 votes, or less than three percentage points. In the votes so far from Maricopa County, which includes Phoenix, Mr. Biden leads by five percentage points, with about 5 percent of the total vote still outstanding.- Advertisement – Even Mr. Biden’s narrow edge underscored a profound political shift in Arizona, a longtime Republican bastion that has lurched left in recent years, fueled by rapidly evolving demographics and a growing contingent of young Latino voters who favor liberal policies.The count was delayed in the early hours of Thursday, as dozens of Trump supporters demonstrated outside the Maricopa County election office where the votes were being counted. – Advertisement – – Advertisement – In one of the brightest spots for Democrats so far, the former astronaut Mark Kelly defeated the state’s Republican senator, Martha McSally, in a special election, making Mr. Kelly and Kyrsten Sinema the first pair of Democrats to represent Arizona in the Senate since the 1950s.last_img read more

Rosy economic forecast has ‘hidden sting in tail’ for UK DB schemes

first_imgOfficial forecasts for the UK economy suggest the country’s defined benefit (DB) pensions sector will be fully funded by the end of the decade.But the same forecasts imply a £500bn (€634bn) cumulative shortfall in the supply of index-linked Gilts over the next decade, leaving pension schemes with a huge headache over how to lock-in those funding gains or pass the liabilities on to a specialist insurer.The findings, presented in a report issued in partnership with buyout specialist Pensions Insurance Corporation, assume UK growth averages at 2.25%, inflation stays close to the Bank of England’s target of 2% and the UK achieves a primary budget surplus of 3% of GDP by fiscal year 2018-19 – as detailed in the Office of Budget Responsibility’s (OBR) 2014 Fiscal Sustainability Report.Updated forecasts published in the chancellor of the Exchequer’s Autumn Statement on 3 December broadly agree with these assumptions, only pushing the return to primary surplus back by one year. Feeding these assumptions into its Long-Horizon Asset Allocation model, Fathom forecasts that nominal Gilt yields would hit 4% by the end of this decade and 5% shortly thereafter.The precipitous fall in the value of UK DB liabilities from their current total of around £1.5trn implies that the universe in aggregate would reach fully funded status before the end of the decade – with 50% at buyout funding level just two or three years later, according to economic consultancy Fathom.Even by 2050, the forecast would be for no more than 5% of schemes to end up supported by the Pension Protection Fund (PPF).At the launch of the research in London, Fathom’s chief economist Andrew Brigden said: “These forecasts imply that pension funds become fully funded very quickly, which will mean they will want to lock that in with purchases of index-linked Gilts. But the government, back into budget surplus, will be buying debt, not issuing more.”Given the OBR forecasts, and assuming the UK Debt Management Office maintains index-linked issuance at its current share of 25% of the UK’s debt, Fathom calculates that the market value of all Gilts will begin to fall well within two years.Factoring in demand from full-funded DB pension schemes, it further calculates that there will be a £500bn shortfall in index-linked Gilts over the next 10 years – a figure larger than the current value of outstanding issuance.Danny Gabay, a director at Fathom, said: “If the OBR is right, pension funds will be in a lot of trouble, even though its forecasts look, on the face of it, to be great news for scheme funding levels.“It struck us as such an incredibly rosy scenario and that there must be a catch. Well, this is the catch.”David Collinson, head of strategy at Pension Insurance Corporation (PIC), added that this shortfall would also act as a limiting factor on the capacity that buyout specialists can offer the DB sector, as they will be unable to hedge the liabilities they assume and will face prohibitively high capital charges to hold alternative inflation-sensitive cash-flow assets – the supply of which would only make a small dent in the overall shortfall, in any case.Launching the report, Fathom and PIC suggested there were only four options to deal with this problem.Pension schemes could decide not to hedge liabilities and opt to take on inflation risk; the government could decide to issue more index-linked debt; pension schemes and buyout specialists could persuade members to exchange their inflation-linked pensions for higher but fixed-rate pensions; or the industry could dismiss the OBR forecasts as over-optimistic and instead model an environment in which bond yields remain lower.But of course, the implications of the fourth option are arguably even worse than the Gilt shortfall implied by the official forecasts.Fathom calculates that, if yields return only to 3% over the long term, 20% of UK DB schemes would end up going to the PPF, rather than the 5% currently assumed.“You don’t have to believe in secular stagnation,” Gabay said, “to believe the PPF will have a much bigger role to play than currently implied in either the OBR or the PPF’s own forecasts.”last_img read more

EU Council unveils final IORP proposal; quick parliamentary OK expected

first_imgThe Dutch government, which holds the rotating presidency of the Council (at the time of writing, only for a few more hours), has since published the text of the draft directive following calls from its parliamentarians that they debate the law. The Council’s agreement with the European Parliament was approved today by the Permanent Representatives Committee, the final stage of decision-making on the Council of Ministers side.Provisional agreement had been reached with the parliament on 15 June, the date of the sixth political trialogue on the recast directive.The Council said the directive was expected to be approved by the European Parliament at first reading, and that it would then be submitted to the Council for adoption.The parliament’s first reading is understood to be scheduled for a plenary session in early September. Member states will have two years to transpose the directive into national laws and regulations.The PLSA, the occupational pension fund association in the UK, noted that the implementation period was a “modest extension” from the 18 months in earlier drafts.Amid the uncertainty triggered by the recent UK vote to leave the European Union, lawyers and other pension experts have noted that current UK law, incorporating a substantial amount of EU pensions law, continues to apply just as it did before the referendum until changes are made, which will be a matter for the government and parliament. Commenting on the final text of the revised IORP Directive, the PLSA said: “Note that we can expect some consultation from [the Department for Work and Pensions] or [the Pensions Regulator] on the precise details of implementation in the UK, so schemes will have only a short period in which to adjust their arrangements to ensure compliance.”  UK-based campaign organisation ShareAction has welcomed the revised Directive’s mention of stranded assets and its broad focus on environmental, social and governance (ESG) risk. Cross-border, governance, transparencyIn its announcement, the Council said the revised IORP Directive was aimed at “facilitating the development of IORPs and better protecting pension scheme members and beneficiaries”.It added: “The directive will improve the governance and transparency of IORPs and facilitate their cross-border activity.”The directive has four objectives, according to the Council: Clarifying cross-border activities of IORPsEnsuring good governance and risk managementProviding clear and relevant information to members and beneficiariesEnsuring supervisors have the necessary tools to effectively supervise IORPsThe European Parliament, in its statement on the IORP II agreement, highlighted as achievements that the overhauled directive clarifies the cross-border transfer of pension fund portfolios and what happens in the event of underfunding when pension schemes engage in cross-border activity.Brian Hayes, Irish MEP and the rapporteur for IORP II, said: “We have achieved the right balance between respect for difference but also ambition for new cross-border activity. “In changing the rule on how cross-border schemes are established, on how pension schemes are transferred and how schemes can be funded, we have brought certainty to the process.”The Parliament also said the revised directive enhanced protection for members and beneficiaries, including via the introduction of a Pensions Benefit Statement.The requirement for pension funds to consider ESG risks, meanwhile, is “a new measure of its kind for a financial services directorate”, it said. The Council of the European Union confirmed it has reached an agreement with the European Parliament on the revised EU directive for occupational pension funds, which it said would “reinforce their role as institutional investors and help channel long-term savings to growth-enhancing investments”.The statement by the Council today, 30 June, is the first official announcement of the agreement on the final proposal for the revised IORP II Directive. The European Parliament also today announced that a deal had been reached.IPE obtained a leaked copy of the compromise text last week. last_img read more

The Gold Coast’s Michael and Carlene Duffy share their tops tips to improve your home’s environment

first_imgAdd more house plants to your home to help filter airborne pollutants. Some plants are better than others at this, for example bamboo palm, snake plant and peace lily are all great at absorbing carbon dioxide and pollutants from the air and releasing oxygen. 5) Trickle vents Philips Air Purifiers give real time air quality feedback through a numerical allergen index and most models have the Philips Aerasense Technology, which has a colour ring that lights up in real time reflecting any change in air quality. It removes 99.97 per cent of airborne allergens such as pollen, pet dander and dust mites. 4) Kitchen fans  2) Keep it natural  Gas stoves can affect indoor air quality so installing a strong and powerful extractor fan above the stove is essential in helping combat that. With a lot of our projects we use retractable fans to keep the aesthetics clean and minimal in the kitchen. 1) Air Purifiers  6) Fresh furniturecenter_img Be aware that a lot of furniture is made with solvents that continue to release toxins into the air when delivered into homes. It’s always worth asking the production methods used to try and overcome this where possible.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59 Michael and Carlene Duffy.LOCATION, construction and interior design are often identified as the most important aspects of a home.But former The Block contestants and reno whizzes Michael and Carlene Duffy are encouraging Aussies to think more about the environment they want to live in. Michael and Carlene Duffy. (AAP/Image Sarah Marshall“When starting any home improvement project, air quality should be top-of-mind,” Michael said“It’s an essential part of our plans, from installing correct ventilation to buying paint that gives off less harmful gases.”These are the Gold Coast couple’s top tips and tricks for improving air quality in the home, particularly when renovating. The couple suggest investing in house plants to help filter airborne pollutants. Trickle ventilators are the best option for getting outside air into your home through a filter, which will increase the airflow and help remove stagnant air. High risk areas such as the kitchen are good places to house these. Some paints and flooring contain gases that continue to emit after installation, which can irritate allergies and create lower air quality. When buying carpet, flooring and paint, be sure to choose low or no Volatile Organic Compounds (VOC).More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago  3) House plants last_img read more

Remnants of Prevendido, Odicta drug groups regrouping – ICPO

first_imgICPO director Police Colonel MartinDefensor Jr. said information reached his office that remnants of the twogroups are planning to merge into one group and to avoid detection they wouldbe recruiting personalities that the police are not familiar with. Richard Prevendido of Barangay Bakhaw,Mandurriao district died in a shootout with policemen in Barangay Balabago,Jaro district on Sept. 1, 2017 while Melvin Odicta Sr. of BarangayTanza-Esperanza, City Proper was shot to death by unidentified gunmen in Malay,Aklan on Aug. 28, 2016. On the other hand, the Philippine DrugEnforcement Agency in the region has tightened its monitoring of seaports forthe possible entry of shabu. ICPO director Police Colonel Martin Defensor Jr. PN FILE PHOTO The ranks of the two groups have beendecimated through relentless antidrug operations of the police and PhilippineDrug Enforcement Agency following the death of their leaders. The ICPO will be running after them,he stressed. center_img ILOILO City – Remnants of thePrevendido and Odicta drug groups are trying to regroup, according to theIloilo City Police Office (ICPO). “Iloilo City is small. We can easilyspot them,” Defensor said. “We were able to get this fromarrested drug pushers. We know who they are. They plan to operate not only herebut in Iloilo province, too,” said Defensor. Director Alex Tablate said his menwere using dogs trained to detect illegal drugs concealed in luggage./PNlast_img read more

Kalibo hotels, inns ‘almost full’ for Ati-Atihan

first_imgKALIBO, Aklan – The accommodations fora weeklong festival here are almost full, according to Gerwin Garcia, presidentof the Sto. Niño Ati-Atihan Accommodations Association here. Garcia said around 70 establishmentsin the town, including hotels, inns and pension houses, among others, are80-percent full.     Amongthe highlights of the activities include a motor show on Jan. 11 to 12, Departmentof Education Sinaot sa Calle on Jan. 15, Kapuso Night and Higante contest onJan. 16, Sadsad Ati-Atihan contest on Jan. 18, and the pilgrims’ mass andprocession on Jan. 19. TheSto. Niño Ati-atihan Festival will start with the Miss Kalibo Ati-AtihanPageant. This will culminate with street dancing and revelry on Jan. 16 to19.  center_img “Weanticipate more local tourists and ‘balikbayans’ arriving due to a series ofalumni homecoming of the different schools here,” he added. Beingamong the most sought-after festivals not only in Western Visayas but in theentire country, the annual Ati-Atihan Festival gathers thousands of merrymakersin Aklan’s capital town of Kalibo./PNlast_img read more