PLSA: UK pension funds see asset management-executive pay link

first_imgThe PLSA said the survey also found concerns regarding the capacity of asset managers to fulfil their stewardship responsibilities.It said 35% of respondents indicated they were dissatisfied with their asset manager’s approach to executive pay.The association said 60% of respondents indicated high levels of pay in the asset management industry were a problem.The PLSA said the report’s analysis of remuneration-related shareholder votes at company AGMs found that “overall levels of dissent did not change dramatically in 2016”.Luke Hildyard, the PLSA’s policy lead for stewardship and corporate governance, said it would update its guidelines to encourage its members and their asset managers “to take a tougher line on the re-election of company directors responsible for executive pay practices”.The PLSA’s report comes two days after the UK government launched a consultation on corporate governance at UK companies, including proposals on the subject of executive pay. The UK’s Pensions and Lifetime Savings Association (PLSA) believes a survey of its members shows there is “a strong sense” that high levels of pay at asset managers are preventing them from “properly” holding companies to account over pay practices.Releasing its 2016 AGM season report, which focuses on executive pay, the association said 87% of pension funds responding to its survey believe executive pay is too high.Of those, 63% think executive pay is generally too high, according to the PLSA, while 37% believe it is too high in cases of poor performance.The pay gap between executives and their workforce was identified as a problem by 85% of respondents.last_img read more

January is Drug Abuse Prevention Awareness Month

first_img Tweet Fellow Dominicans, this year the Ministry of Health is celebrating Drug Awareness Month in January, under the theme “Health for Justice, Justice for Health”, the theme chosen by the United Nations for the observance of the International Day Against Drug Abuse and Illicit Trafficking.The UN has indicated that the theme chosen highlights that justice and health are two sides of the same coin when it comes to addressing drug problems. The UN Secretary General indicated further that the theme underlines the importance of a holistic approach involving health, human rights, criminal justice and social service institutions, an approach which the Ministry fully endorses.Drug abuse and its repercussions pose a major threat to the security of our homes, our communities and our nation. This situation, however, is not unique to Dominica. The Executive Director of the United Nations Office on Drugs and Crime (UNODC), Ghada Fathi Waly, has indicated that drug abuse is a complex problem at the intersection of Public Health, safety and social issues; it takes a heavy toll in our families and communities claiming more than a million lives per year. This is a global issue.Statistics continue to prove that our society is not immune to the threat of drug abuse. We have seen an increase in the number of cases of drug related incidents at the Accident and Emergency Department at Princess Margaret Hospital over the past years.These related incidents include cannabis intoxication, prescription overdose and Substance Induced Psychosis. It is therefore evident that our population is vulnerable to drug use.Drug abuse contributes to our able-bodied men and women being either sent to prison or admitted to the Psychiatric Unit and therefore they are unable to meaningful contribute to society. This has to be a cause for concern to everyone.As the theme for 2020 implies, health and justice should be incorporated in order to close the gaps and to ensure that there is appropriate prevention and treatment responses in place to deal with youth, women and our at risk population.The Ministry of Health, through the Drug Prevention Unit, has, in the past, collaborated with schools, prison service and other key stakeholders and has implemented activities and programs as mechanisms to promote alternatives to imprisonment for people with drug use disorders.The Ministry of Health is forging ahead with building a resilient health system in keeping with the National Resilient Development Strategy (NRDS) and in tandem with the country’s vision of becoming the first climate resilient country in the world.The Sustainable Development Goals of 2015, which has been incorporated in the NRDS, speaks to Goal number 3 “Good health and well-being”, with target 3.5 alluding to strengthening the prevention and treatment of substance abuse, including narcotic drug abuse and harmful use of alcohol.In so doing, it is instrumental that we focus on the achievement of the SDGs and embrace social inclusion as well as rehabilitation and reintegration into society, since these are vital in building a resilient health system and country.In light of this year’s activities I call upon all communities to take action by:Informing and educating community members on the danger of drugs as well as supporting the work of the National Drug Abuse Prevention UnitParticipating in organized Anti- drug activities in your communitiesProviding required support for projects and programs geared towards prevention and treatment in your communitiesIncreasing parental role in early detection of drug use by children with a view of keeping our children on the right trackCreating spaces where individuals and groups can recreate in an environment free from drugsLet me remind our citizens that while the Government has the responsibility to protect and help those at risk, our families, schools, churches and entire communities must play a major role in strengthening our society’s defenses against the use and abuse of drugs, and provide the ongoing support for individuals who are victims to drug abuse, as well as those who have made the choice to remain drug free.The Ministry of Health, and by extension the Government of Dominica, remains committed to organizing, implementing and supporting activities that will promote balanced health and justice-based approaches to drug abuse prevention.This commitment will build on human rights obligations and sustainable goals, all of which can contribute to the elimination of drug abuse or significantly reduce its impact.As we observe Drug Awareness Month 2020, let us make a commitment to keep our families and communities drug free, safe and healthy.I take this opportunity to wish everyone a drug free, blessed, healthy and prosperous New Year. 131 Views   no discussions Sharing is caring! Share Share Share LifestyleLocalNews January is Drug Abuse Prevention Awareness Month by: – January 21, 2020 Honorable Minister for Health, Wellness and New Health Investment, Dr. Irving McIntyrelast_img read more

McBride Racing launches MintBet affiliate platform with Income Access

first_imgShare Lorenzo Pellegrino,Irish betting group McBride Racing Ltd has confirmed that Income Access (Paysafe Group) has become the lead affiliate marketing platform supplier for its new MintBet (MintBet.com) online casino and sportsbook brand.Updating the market, McBride Racing will launch a new MintBet affiliate partner programme this November, utilising Income Access tailored industry marketing software.New online betting brand MintBet was launched at the start of 2017, with McBride Racing securing Ireland and UK gambling licenses for its new property.Detailing its affiliate programme launch, MintBet marketing states that it will scale up marketing activity in 2018, as the brand seeks to expand within the ultra-competitive Irish and UK betting markets.Commenting on marketing initiatives, Thomas McBride, Head of Marketing at MintBet, said: “Income Access’ reputation in the iGaming affiliate marketing technology space is unparalleled, so they were the obvious choice of network provider for driving the launch of our new affiliate programme. The software’s sophisticated reporting functionality and large network of affiliates will provide strong support for enhanced player acquisition.”Lorenzo Pellegrino,  CEO of Income Access and Digital Wallets at Paysafe, backs MintBet’s market ambitions and initiatives, welcoming the brand to Income Access platform.“We look forward to seeing our affiliate network play an instrumental role in growing the MintBet brand via the affiliate marketing channel. Our technology solutions have a strong track record in expanding innovative sports-betting brands like MintBet into new markets, especially the UK.” StumbleUpon Related Articles Paddy Power to reopen English & Irish betting shops in Royal Ascot week June 10, 2020 Irish bookmakers demand clarity on reopening orders June 17, 2020 Submit Irish bookmakers to reopen on 29 June May 28, 2020 Sharelast_img read more