Governor Jim Douglas to announce $360,010 Community Development Block Grant to the Town of Williston and $49,795 grant to the Town of Colchester to assist in the development of affordable housing. Tuesday, March 17, 2009 4 pm. Williston Town Hall meeting room. ###
Passively managed pension funds with the lowest costs produced the best outperformance last year, a survey by a Dutch pension research bureau has suggested.The Pensions Rating Agency (TPRA), an independent research group, ran a cost monitor based on 213 of the approximately 235 Dutch schemes last year. The group also found that active management hadn’t resulted in a consistent outperformance.TPRA said asset management costs of the examined pension funds ranged from 0.06% at the Dutch pension fund of ExxonMobil to 1.69% at the Mars scheme.According to the research bureau, the €3.1bn Delta Lloyd Pensioenfonds – which reported costs of 0.12% – outperformed by 1.5 percentage points. The €253m scheme of PepsiCo Netherlands – with costs of 0.17 – exceeded its benchmark by 1.8 percentage points. The €1.4bn Mars Pensioenfonds, which incurred the highest recorded level of costs at 1.69%, still outperformed but only by 1.3 percentage points, TPRA said.The research group reported that the average cost of asset management had dropped two basis points to 0.55% last year.The research bureau found that pension funds had experienced only limited success in driving down their costs of pensions administration: the average cost per participant fell by just €0.13 compared to a year earlier.TPRA’s methodology involved adding costs paid by the sponsor as well as those reported by the pension funds, which it said made the figures more representative.According to TPRA, 93 pension funds had managed to reduce costs by 11% on average, while 99 schemes saw their costs increase by 17% on average.Of the five largest Dutch pension funds, only the €389bn civil service scheme ABP and the €186bn healthcare scheme PFZW – with administration costs of €79.42 and €67.57 per participants respectively – were among the 10 pension funds with the lowest costs.With €133.28, €101.31 and €100.92 per participant respectively, the large metal schemes PME (€45bn in assets) and PMT (€67bn) as well as building sector scheme BpfBOUW (€54bn) incurred costs that were too high for their scale, in the opinion of TPRA.The pension research bureau reported that the causes of rising costs included a drop in the number of participants as well as the introduction of new pension arrangements. However, it also reported that significant savings could be achieved through switching to a new pensions provider.With €1,941.35 per participant, the pension fund of polymer and fibre producer Invista had the highest costs of pensions provision.In contrast, costs at the industry-wide scheme Personeelsdiensten were €42.63 per participant.The group’s survey covering 2015 showed that costs had risen by 5.5% in the wake of the introduction of the new financial assessment framework (nFTK) and the adjustment of the tax-facilitated pensions accrual.
by Tracy McCue, Sumner Newscow â€” Updated figures for the Kansas Primary vote for Sumner County. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comment (1) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down JP Buellesfled · 314 weeks ago I believe that only 10% of the eligible voters in the sumner county Kansas county commission District Republican Primary voted today. The Democrats have no candidate for this sumner county,ks County commission election in November. It effectively means that as few as 6% of the eligible voters in sumner county,ks are deciding every two years over and over again, who is on the sumner county,ks county commisison for the other 94%. Report Reply 0 replies · active 314 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Follow us on Twitter.