Diary of a captain – Boxing

May 3, 2021


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first_imgSOME flirt with the idea for a few sessions, maybe even a fortnight, but you can spot the reaction in people’s faces: this is hard. When you enter the ring you know that there’s no team to back you up. The guy in the opposite corner has trained for weeks and has dedicated hours of his life to ensure these are the hardest three rounds you’ll ever face. You can’t afford to be weak, you can’t afford not to train hard and you can’t afford to make a mistake. For the squad the pinnacle of the season is Varsity. But to get there you need bouts, which means a continual cycle of peaking physically for fights throughout the season. No one can afford to be on anything other than top form for a contest, so the training is intense from the word go. Preparations begin before the start of Michaelmas when our nutritional plans kick in and the hard work starts. All squad members train 7-10 times per week with the emphasis on building up split second explosive power and technical ability. In a typical session sprints precede circuits on the rope, then sparring. Rounds on the bags are mixed with drills, shadow boxing and more body weight circuits. Track and hill sprint sessions are run two mornings a week, conditioning the body through intervals to reach maximum performance quickly with the fastest recovery time possible. You don’t eat before these! Weight circuits run in the evening focus on explosive movements to build strength and stamina without size, where dedicated sparring sessions focus on building the finished product. We have a mature squad this year, retaining talent from past Blues and others who have trained with the club before. The female squad has gone from strength to strength, receiving recognition from the Blues’ committee, although not counting towards our Varsity fight. We stand to make it 3 wins in 3 this year at the Town Hall, and the pressure of wanting to achieve is already bearing down on us.last_img read more

At Westminster farm, Welch outlines plan to help Vermont farmers recover from Irene

January 1, 2021


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first_imgAt the Allen Brothers Farm today in Westminster, Congressman Peter Welch outlined a plan to help Vermont farmers devastated by Tropical Storm Irene get back on their feet. ‘Many Vermont farmers were knocked down by Tropical Storm Irene but they are characteristically fighting to get back on their feet,’ Welch said. ‘In recent years, our farming community has created new business opportunities through vibrant farmers markets and CSA programs that provide Vermonters with nutritious local food. These a farmers need a helping hand to restore their operations and get back to business.’ Joined by three Vermont farmers, Welch announced three bills he has introduced in the U.S. House. The first, The Helping Devastated Farmers Act of 2011 (H.R. 3005), provides additional funding to two important programs that assist farmers affected by natural disasters. The legislation would add $151 million to the USDA’s Emergency Conservation Program and $187.5 million to the USDA’s Emergency Watershed Protection Program. The Emergency Conservation Program provides emergency funding and technical assistance for farmers to rehabilitate farmland damaged by natural disasters. The Emergency Watershed Protection Program helps farmers reduce soil erosion, enhance water supplies, improve water quality, increase wildlife habitat and reduce damages caused by floods. The second bill, H.R. 2905, would help farmers currently ineligible for disaster assistance become eligible. Some Vermont farmers affected by Tropical Storm Irene are ineligible for U.S. Department of Agriculture disaster assistance because they did not have crop insurance when the storm hit, a requirement under current law. H.R. 2905 would temporarily waive this requirement, allowing farmers access to USDA assistance. Farmers taking advantage of the waiver would be required to purchase crop insurance for future disasters. The third bill, The Fresh and Local School Foods Act (H.R. 3092), would allow Vermont to direct nearly $90,000 to Vermont farms to purchase fruits and vegetables for Vermont schools, giving a them much-needed boost after the damage caused by Tropical Storm Irene. Currently, Vermont receives about $90,000 worth of fruits and vegetables from a regional distribution center in Rhode Island. Welch’s bill would simply allow this money to be used to purchase local produce. Welch is the founder of the House Hurricane Irene Coalition, a bipartisan group of over 50 lawmakers whose districts were affected by Irene. With Congress back in session next week, Welch plans to use this coalition to push for passage of these farmer assistance measures.   Welch’s office. 10.18.2011last_img read more

ICI’s UK fund agrees £630m pensioner buy-in with Scottish Widows

September 29, 2020


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first_imgThe UK’s ICI Pension Fund has completed its fourth buy-in, insuring £630m (€805m) of pensioner liabilities with Scottish Widows – the firm’s largest transaction since entering the market last year.Heath Mottram, chief executive of the closed fund now sponsored by AkzoNobel, said the transaction marked the end of five months of “significant work” by the board of trustees, building on existing de-risking undertaken.“The trustee is delighted to add Scottish Widows to its de-risking panel,” Mottram addd, “further enabling it to continue to improve the security of members’ benefits.”The ICI scheme has now insured liabilities with three different companies – agreeing several transactions in 2014 and last year with Legal & General and Prudential, respectively. Across all transactions reported to date, the ICI scheme has insured £6.3bn of its £10.3bn in liabilities reported at the end of March last year, leaving it 93% funded.Emma Watkins, director of bulk annuities at Scottish Widows, said the firm looked forward to becoming a long-term de-risking partner for the fund, which according to its most recent annual report had £9.8bn in assets.“We have worked closely with the trustee and their advisers to develop a bespoke solution over a number of months and this transaction demonstrates Scottish Widows’ ability to provide innovative de-risking solutions to large pension schemes,” Watkins added.Clive Wellsteed, partner at consultancy LCP and lead adviser to ICI during the transaction, said ICI now had umbrella contracts in place with all three insurers, allowing the trustee to “react to favourable opportunities” as they arise in the market.Wellsteed previously said the umbrella contract allowed ICI to insure additional tranches of liabilities when pricing reached a level acceptable to trustees, while limiting the associated workload to areas specific to each tranche.last_img read more

EIOPA: ‘No clear evidence’ of short-termism from pension funds

September 29, 2020


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first_imgThe supervisor made two main recommendations.One is for a “cross-sectoral” framework to be developed, which should be the base for developing concrete definitions and good practices to identify unjustified short-term behaviour, and for identifying measures to promote long-term investment and sustainable economic growth.There should be defined objectives and concrete targets, but the framework should respect the principle of investment freedom and not prescribe specific or mandatory holding periods or turnover ratios.EIOPA also called for the development and publication of long-term performance benchmarks, saying the “availability of transparent and commonly understandable long-term benchmarks should benefit both providers and customers”.It is up to the European Commission to decide whether to take up any of the supervisory authorities’ recommendations. The European Insurance and Occupational Pensions Authority (EIOPA) found “no clear evidence of undue short-termism” in insurance companies and pension funds, the supervisory authority said in feedback to the European Commission.EIOPA and the other two European supervisory authorities last month delivered their reports in response to a European Commission request for them to investigate whether parts of the financial sector put companies under “undue” short-term pressures on companies, with short-termism defined as “prioritising near-term shareholder interests over long-term growth of the firm”.EIOPA said the Commission’s request had not given a concrete definition of what excessive short-termism meant in practice, and that the lack of an appropriate framework and commonly accepted definition meant it was challenging to find “clear evidence from which to draw conclusions”.Although it had not found any clear evidence of undue short-termism in insurance and IORPs, EIOPA said the entities’ adaptation to macroeconomic circumstances, such as the persistent low interest rate environment, “may imply a shift in their role as long-term investors and insurance and pension providers to their clients”.last_img read more