Series Of Worldwide Concerts Planned For David Bowie’s 70th Birthday

first_imgAccording to an article in The Guardian today, a series of worldwide benefit concerts are being planned in honor of David Bowie‘s 70th birthday on January 8th, 2017. The main event is scheduled to take place at the O2 Academy in Brixton, England, the birthplace of The Starman.Scheduled to appear and perform will be Bowie’s long-time friend and actor Gary Oldman, along with former bandmates Mike Garson, Earl Slick, Adrian Belew, Sterling Campbell,Holly Palmer and Catherine Russell, and a number of other special guests and performers. Proceeds from that event will go to Children & The Arts charity, which supports music education for the underprivileged in United Kingdom.No additional information with regards to the other locations and lineups has been released at this time. However, those details will be announced “sporadically”, according to a spokesperson, who also mentioned that the all-star cast will “create a sound like no other.”[via The Guardian]last_img read more

Arsenal respond to Mesut Ozil’s incredible Gunnersaurus offer

first_img Comment Metro Sport ReporterTuesday 6 Oct 2020 7:45 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link5.7kShares Advertisement Mesut Ozil has offered to pay the wages of Arsenal club mascot Gunnersaurus (Picture: Getty)Arsenal have responded to Mesut Ozil’s stunning offer to pay the wages of club mascot Gunnersaurus by insisting the world’s most notorious footballing dinosaur will return to work once the Emirates Stadium is open for business again.Jerry Quy, the man who has entertained fans of the club by donning the iconic green costume since 1993, was effectively made redundant earlier this week as a consequence of the covid-19 pandemic which has prevented supporters from attending home matches since early March.Ozil, who has been frozen out of the first team picture by manager Mikel Arteta, is the club’s highest earning player on £350,000-a-week and refused to join the rest of his team-mates by taking a 12.5% pay cut during the national lockdown.AdvertisementAdvertisementArsenal announced their decision to make 55 staff redundant earlier this summer, but Ozil has seemingly chosen to ride to the rescue of Quy and promised to pay his wages for as long as he is still employed the club. ADVERTISEMENTHe wrote on Instagram: ‘I was so sad that Jerry Quy aka our famous & loyal mascot @Gunnersaurus and integral part of our club was being made redundant after 27 years. Ian Wright was among the Arsenal legends who have aired their dissatisfaction at the demise of Gunnersaurus (Picture: Twitter)‘As such, I’m offering to reimburse @Arsenal with the full salary of our big green guy as long as I will be an Arsenal player…’Responding to Ozil’s act of kindness, an Arsenal spokeperson told ESPN: ‘Gunnersaurus is not extinct and will return to action when fans are allowed back at matches.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalWhile Gunnersaurus lives on, it is unclear whether or not it will be Quy who is employed to undetake the role and when that might be, given the government has rode back on its initial plans to partially reopen football statdiums this month. The likes of super fan Piers Morgan have reacted to Quy’s demise by calling out the club they support, with the GMB presenter tweeting yesterday: ‘You’re going nowhere ⁦@Gunnersaurus. I refuse to let @Arsenal⁩ sack you. Come on ⁦@m8arteta @Aubameyang7 – this is not what our club is about. #savegunnersaurus,’MORE: Holly Willoughby shares heartache after Arsenal mascot Gunnersaurus let go by club: ‘He’s a hero in our house’MORE: The key reason Thomas Partey wanted to leave Atletico and join ArsenalFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisement Arsenal respond to Mesut Ozil’s incredible Gunnersaurus offerlast_img read more

UK DC consultation encourages investment in VC, green infrastructure

first_imgThe UK government has today launched a consultation on improving outcomes for defined contribution (DC) pension schemes, which encourages investment in a more diverse range of long-term assets, including illiquid products such as venture capital and green infrastructure.The consultation, which runs until 30 October 2020, is the government’s response to the February 2019 consultation Investment Innovation and Future Consolidation.In addition to promoting investment portfolio diversification, it also consults further on changes to regulations and statutory guidance designed to improve DC pension scheme governance, and signal the UK’s commitment to transparent disclosure to scheme members.Under diversification, the government is proposing amendments to the charge cap to accommodate performance fees in order to facilitate investment in illiquid investments, and “to put the exclusion of physical assets on a statutory footing”, it said. “We also announce our intention to develop a further alternative option for schemes to use in calculating performance fees, to facilitate investment in less liquid assets such as venture capital,” it added.Guy Opperman, minister for pensions and financial inclusion, said: “We want all pensions scheme members to benefit from efficient administration, first class investment governance, and access to diversified investment strategies.”He added that it is important to “encourage scale and innovation by pension schemes, and help drive new investment in important sectors of the economy as we build back better”.LCP welcomed the government’s relaxation of charge cap rules which should free up further interest and support for illiquid assets.“It’s also interesting to see the greater clarity and support to hold physical assets outside of the charge cap restrictions, clearly highlighting the intent to allow infrastructure focused investments. The charge cap relaxations and clarities offered are going to help significantly with enhancing investment strategy design,” the consultancy added.ConsolidationAdditional steps to encourage the consolidation of smaller pension schemes into larger schemes are also included in the consultation.“We believe consolidation is the most effective way to ensure that all savers are receiving the best value from well governed schemes that can achieve economies of scale,” the consultation paper noted, adding that consolidation will also deliver greater opportunities for members to access a more diverse range of investment products and investment strategies.Of around 3,000 DC schemes on The Pensions Regulator’s (TPR) register, approximately 2,150 have 100 members or less. Of these, approximately 850 have between 12 and 100 members and 1,300 have less than 12 members.Most smaller schemes are also paying higher charges than larger schemes, with average charges in smaller schemes nearly double that of the largest schemes. Members of some of these smaller schemes are therefore likely to achieve better value in a larger scheme, the paper concluded.“We propose that the new value for members assessment applies for schemes with less than £100m in total assets that have been operating for at least three years at the end of the previous scheme year from when their chair’s statement falls due,” it said.LCP believes the £100m (€106m) mark for smaller schemes “seems a good level for requiring them to assess whether they offer value for money compared to the market”.The full consultation can be found here.Looking for IPE’s latest magazine? Read the digital edition here.last_img read more