‘Fresh thinking in pensions’ leads to new worldwide analytics tool

first_imgFord Motor Company is now in a position to compare the value of the pension provision across its more than 120 schemes in 36 countries after working with investment consultant Redington to develop a new analytics and scoring system.According to Redington, a key aim for the multinational company was to use the tool to provide a consistent analysis of the “retirement readiness” of its employees.It said a new digital platform had been developed that provides visualisation of how assets and costs are distributed across countries and schemes, with millions of data points collated for each pension scheme.In addition, a pension scoring system has been created that awards a score out of 100 to each of Ford’s pension schemes based on up to seven underlying factors, including investment performance, costs and charges, contribution rates and retirement outcomes. Ford has been added to Redington’s ADA fintech platform – named after Ada Lovelace, born in 1815 and described by some as one of the earliest computer programmers – as part of the launch of the new tool.“This project was a great example of thinking differently in pensions”Oliver Payne, EMEA pensions manager at FordOliver Payne, EMEA pensions manager at Ford, said: “This project was a great example of thinking differently in pensions.“The ADA system means we can move away from our traditional approach of collating and analysing pensions data on an individual project basis. We now have consistent, reliable data available for each project which means we can now be more proactive in the way we look at the costs and value of pension plans around the world.”Adam Jones, chief technology officer at Redington, said: “We are hugely excited to continue our work with Oliver and the team to explore how we can further develop the tool, and ensure Ford remains on the front foot when it comes to pensions analytics.”last_img read more

Injured Bolasie May be Out for One Year

first_imgManager Koeman said on Wednesday: “It will be around 11-12 months before he is back. That is a big disappointment but he will come back.”Bolasie is due to have a second operation – on his anterior cruciate ligament – in the coming weeks.The DR Congo international signed for Everton from Crystal Palace in a £25m deal in August, and had played in every league game this campaign up until his injury.Manchester United’s Memphis Depay could be brought in to fill the position in attacking midfield, with Koeman having this season expressed his desire to sign his fellow Dutchman.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Everton’s Yannick Bolasie damaged his right knee in a challenge with Manchester United’s Anthony MartialEverton winger Yannick Bolasie could be out for a year with a knee injury, says manager Ronald Koeman.Bolasie, 27, injured his right knee during the Toffees’ 1-1 draw with Manchester United on 4 December.last_img read more

Julian Jacobs named a Jerry West award finalist

first_imgJunior shooting guard Julian Jacobs was named to the top ten finalists list for the Jerry West Shooting Guard of the Year Award. The watch list, selected by the Naismith Memorial Basketball Hall of Fame, narrows down the competition for the final award, which will be announced on April 8.Named after Hall of Famer and 1959 NCAA Final Four Most Outstanding Player Jerry West, the award recognizes the top shooting guards in Division I men’s college basketball. This is only the second year that the award has been given out by the Naismith Hall of Fame. Last year, it was given to former Ohio State University guard D’Angelo Russell.Averaging 12.1 points, 5.9 assists and 5.2 rebounds, Jacobs has played an integral part in leading the Trojans to a 17-5 record. This season has been the best start since 1991. Jacobs isn’t just a scoring leader for the USC offense — he’s also an offensive leader throughout the entirety of the Pac-12. He leads the division in assists per game and ranks sixth in steals per game, with an average of 1.5.His dynamic energy on the offense has garnered 22 dunks this season, providing an explosiveness that the Trojans need in order to stay competitive throughout the rest of their season. Jacobs will be key in solidifying an already strong season for the Trojans.This honor ranks Jacobs right alongside national superstars from powerhouse programs, such as Buddy Hield from the University of Oklahoma and Grayson Allen from Duke University. The pair will provide stiff competition. Hield has averaged 26.2 points per game while leading his Oklahoma squad to take the number one spot and put up a staggering 46 points and seven assists in the team’s triple-overtime loss to the University of Kansas. Allen, meanwhile, averages 20.3 points and 3.7 assists despite a disappointing season for the recently unranked Blue Devils.The competition will be narrowed down to five finalists in March before the final announcement at the ESPN College Basketball Awards Show in April. The show is also in its second year and will take place at the Nokia Theater, where the Hall of Fame will also present the Bob Cousy Point Guard of the Year Award, the Julius Erving Small Forward of the Year Award and the Karl Malone Power Forward of the Year Award.last_img read more