Watchdog to ‘level playing field’ on costs for DC schemes

first_imgTo do this, the FCA said it was compelled to ask those responsible for providing pensions – including asset managers, pension providers, trustee boards and advisers to trustees and companies – to adequately illustrate the range of costs and fees that may impact a savings pot.The document said: “Our proposals are designed to ensure that scheme members can access better information about costs and charges, promoting more effective competition between firms in the interests of consumers.”The FCA said that, in turn, greater transparency about costs and charges could lead to workplace pension schemes being better held to account by their members, which would improve the orderly operation of financial markets.Rona Train, partner at Hymans Robertson, said the consultation was an “important step forward in levelling the playing field between trust and contract-based arrangements”.“Requiring the disclosure of costs and charges for all DC arrangements makes comparisons across products more simple,” said Train. “However, what we really need to see in addition to this is full disclosure of the way bundled charges are made up. For example, how much is attributable to investment fees, platform charges and administration costs?”Train said this would be a “welcome advancement” in the move towards greater transparency.The consultation will close on May 28. The Financial Conduct Authority is seeking views on its approach to try and ensure value for money across all defined contribution (DC) schemes in the UK.This week, the regulator issued a consultation document outlining how it plans to make trust and contract-based DC plans disclose fees and charges to members, the latest in its work towards ensuring value for the end customer.The consultation follows a review from the UK’s Office of Fair Trading on whether there is true competition in the market, and work by the regulator and government agencies on fairness across the sector.In the paper, the FCA said it wanted to ensure scheme members could find the information about costs and charges they required to establish “that they receive good value for money from their pension scheme and it will meet their needs for future retirement”.last_img read more

IOA blames NADA for dope test lab suspension, massive fight breaks out

first_imgLast Updated: 23rd August, 2019 15:02 IST IOA Blames NADA For Dope Test Lab Suspension, Massive Fight Breaks Out The Indian Olympic Association on Friday lashed out at the National Anti-Doping Agency for the suspension of the country’s only WADA-accredited laboratory. WE RECOMMEND READ: Lost ‘Smack’: Rajasthan Police Follows Assam Police’s Wit Flaunting Latest Drug Haul; Netizens Debate ‘who’s Most Sarcastic?'”The National Sports Federations (NSFs) are not in a position to bear the extra cost. And why should we bear the extra cost for NADA’s mistakes?” he asked. The WADA said the suspension came after it’s Laboratory Expert Group (LabEG) initiated disciplinary proceedings with regards to the status of WADA-accredited laboratories across the globe.The IOA chief said a negligent NADA sat on the issue for a long time despite repeated reminders from WADA. WATCH US LIVE 1 year ago BCCI under NADA: Sports minister Kiren Rijiju welcomes move, terms it “major positive turn” 1 year ago Big news for Cricket fans, sport being pushed for 2028 LA Olympics after BCCI’s NADA decision “This issue has been going on internally for the last year. The WADA has been pointing drawbacks in the NDTL’s testing methods but the NADA has failed to manage its affairs,” Batra said. NADA Director General Navin Agarwal remained unavailable for comments despite repeated attempts to reach him by PTI. First Published: 23rd August, 2019 11:35 IST Press Trust Of India COMMENT The World Anti-Doping Agency (WADA) had suspended the accreditation of (NDTL) for six months in a blow to India’s anti-doping programme, the cost of which will rise significantly now. The lab, which got WADA accreditation in 2008, is no longer authorised to carry out testing of the samples as the suspension is effective August 20.The development is a setback for India with less than a year left for the Tokyo Olympics. The National Anti-Doping Agency (NADA) can still collect samples (blood and urine) but will have to get them tested by a WADA-accredited laboratory outside India.READ: Karan Johar Party: Filmmaker Reacts To Allegations Of Drug Abuse, Says, ‘apparently You Aren’t Allowed To Scratch Your Nose’ center_img The Indian Olympic Association on Friday lashed out at the National Anti-Doping Agency for the suspension of the country’s only WADA-accredited laboratory, saying NADA’s “mistakes” have jeopardised the anti-doping programme here.The World Anti-Doping Agency (WADA) suspended the National Dope Testing Laboratory in Delhi for six months “due to non-conformities with the International Standard for Laboratories (ISL)”. The NADA can appeal the suspension in the next 21 days. The NADA can still carry on with sample collection (blood and urine) but will have to get them tested by a WADA-accredited laboratory outside India. FOLLOW US 1 year ago CWG 2022 | Shooter Heena Sidhu and National Rifle Association back IOA’s call to boycott event over non-inclusion of shooting NDTL had got WADA accreditation back in 2008. “We will now have to pay in dollars instead of rupees. My only concern now is who will bear the extra cost?” Indian Olympic Association President Narinder Batra told the media. LIVE TV 1 year ago NADA to start testing players during Duleep games, BCCI wants only doctors as DCOs SUBSCRIBE TO US Written By 1 year ago BCCI finally comes under NADA, officially becomes National Sports Federationlast_img read more

NFL Week 13 coverage map: TV schedule for CBS, Fox regional broadcasts

first_img (506sports) The NFL coverage map for Week 13 makes clear what CBS and Fox consider the best games Sunday’s NFL TV schedule has to offer. That’s especially the case this week.CBS will present Browns vs. Steelers to what might as well be a national TV audience for a 1 p.m. ET Sunday game. Only a handful of markets in which local teams are playing on CBS will be presented something other than the game in Pittsburgh. Likewise, the network is going strong on Chiefs vs. Raiders in the late Sunday afternoon slot. TV schedule for NFL Week 13 gamesCBS coverageBrowns at Steelers (1 p.m. ET)Redskins at Panthers (1 p.m. ET)Titans at Colts (1 p.m. ET)Jets at Bengals (1 p.m. ET)Raiders at Chiefs (4:25 p.m. ET)Chargers at Broncos (4:25 p.m. ET)Fox coverage49ers at Ravens (1 p.m. ET)Packers at Giants (1 p.m. ET)Eagles at Dolphins (1 p.m. ET)Buccaneers at Jaguars (1 p.m. ET)Rams at Cardinals (4:05 p.m. ET)List of Week 13 NFL games by TV market(TV markets listed in order by size)MarketCBS earlyFox earlyCBS lateFox lateNew YorkJets at BengalsPackers at GiantsRaiders at Chiefs-Los AngelesBrowns at Steelers-Chargers at BroncosRams at CardinalsChicagoBrowns at SteelersPackers at GiantsRaiders at Chiefs-PhiladelphiaBrowns at SteelersEagles at DolphinsRaiders at Chiefs-Dallas-Ft. WorthBrowns at Steelers49ers at RavensRaiders at Chiefs-San Francisco/Bay areaBrowns at Steelers49ers at RavensRaiders at Chiefs-Washington D.C.Redskins at Panthers49ers at RavensRaiders at Chiefs-HoustonTitans at Colts49ers at RavensRaiders at Chiefs-BostonBrowns at Steelers49ers at RavensRaiders at Chiefs-AtlantaBrowns at Steelers49ers at RavensRaiders at Chiefs-PhoenixBrowns at Steelers–Rams at CardinalsTampa/St. PetersburgBrowns at SteelersJaguars at BuccaneersRaiders at Chiefs-SeattleBrowns at Steelers49ers at RavensRaiders at Chiefs-DetroitBrowns at Steelers49ers at RavensRaiders at Chiefs-Minneapolis-St. PaulBrowns at SteelersPackers at GiantsRaiders at Chiefs-MiamiBrowns at SteelersEagles at DolphinsRaiders at Chiefs-DenverBrowns at Steelers49ers at RavensChargers at Broncos-OrlandoBrowns at SteelersJaguars at BuccaneersRaiders at Chiefs-ClevelandBrowns at Steelers-Raiders at ChiefsRams at CardinalsSacramentoBrowns at Steelers49ers at RavensRaiders at Chiefs-CharlotteRedskins at Panthers-Raiders at ChiefsRams at CardinalsPortlandBrowns at Steelers49ers at RavensRaiders at Chiefs-St. LouisBrowns at Steelers49ers at RavensRaiders at Chiefs-PittsburghBrowns at Steelers-Raiders at ChiefsRams at CardinalsIndianapolisTitans at Colts-Raiders at ChiefsRams at CardinalsBaltimoreRedskins at Panthers49ers at RavensRaiders at Chiefs-Raleigh-DurhamRedskins at Panthers49ers at RavensRaiders at Chiefs-NashvilleTitans at Colts49ers at RavensRaiders at Chiefs-San DiegoBrowns at Steelers49ers at RavensChargers at Broncos-Salt Lake CityBrowns at Steelers49ers at RavensRaiders at Chiefs-San AntonioBrowns at Steelers49ers at RavensRaiders at Chiefs-Kansas CityBrowns at Steelers49ers at RavensRaiders at Chiefs-ColumbusBrowns at Steelers-Raiders at ChiefsRams at CardinalsMilwaukeeBrowns at SteelersPackers at GiantsRaiders at Chiefs-CincinnatiJets at Bengals-Raiders at ChiefsRams at CardinalsLas VegasBrowns at Steelers49ers at RavensRaiders at Chiefs-Jacksonville-Jaguars at BuccaneersRaiders at Chiefs-Oklahoma CityBrowns at Steelers49ers at RavensRaiders at Chiefs-New OrleansBrowns at Steelers49ers at RavensRaiders at Chiefs-MemphisTitans at Colts49ers at RavensRaiders at Chiefs-BuffaloBrowns at Steelers49ers at RavensRaiders at Chiefs- Late CBS games Early and late Fox gamescenter_img MORE: Watch NFL Week 13 games live with fuboTV (7-day free trial)As for Sunday’s games on Fox, a predictably massive amount of the country will be presented 49ers vs. Ravens, the best game of Week 13.There are two TV market blackouts in Week 13. The Phoenix area will not get a late Sunday afternoon game on CBS due to the Cardinals playing on Fox in the same window, and the Jacksonville market will not get an early CBS game due to the Jaguars playing on Fox.Below are the full NFL coverage maps for Week 13, plus a list of major TV markets and the CBS and Fox games that will be presented in each on Sunday.WEEK 13 NFL PICKS:Against the spread | Straight-up predictionsNFL coverage map Week 13(NFL coverage maps courtesy of CBS games (506sports) (506sports) read more