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first_img 19SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Hispanics’ use of a variety of financial products and services—such as credit cards, auto loans, and mortgages—has outpaced that of non-Hispanics in recent years.And their expenditures continue to grow, reaching $1.4 trillion in 2016, according to Miriam De Dios Woodward, CEO of Coopera.Yet 46% of Hispanics remain unbanked or underbanked, according to the FDIC.“This illustrates a tremendous opportunity for financial institutions, and specifically for credit unions, to serve this largely untapped market,” De Dios Woodward says. “Credit unions have a chance to help nearly 60 million Hispanic individuals in the U.S. access financial services.”As technology continues to improve, the way Hispanics access information and conduct financial transactions continues to evolve, says De Dios Woodward. continue reading »last_img read more

first_imgIn the tender notice, the PPF said: “The board is seeking to procure a licence for an economic scenario generator for use in assumption-generation for a range of medium and long-term modelling.”It said the company it picked would have to be able to provide a “real-world calibration of an appropriate time frame, including outputs for a sufficiently broad range of asset classes given the investment strategy of the board and the pension schemes it protects”. These outputs should also allow it to project the liabilities, it said.The applicant should be able to provide a regular, well-justified and researched ‘house view’ calibration, the PPF said, though it added that the solution should also be flexible, making user-defined calibrations possible, too.“As well as appropriate technical functionality, the successful candidate will also provide technical support, training and knowledge sharing, committing to a range of SLAs (service-level agreements) and regular feedback sessions to ensure client satisfaction,” the fund said.The contract is expected to last three years, with the option to extend for a further two 12-month periods, according to the notice.The deadline for receipt of tenders or requests to participate is 16 October.Separately, the PPF announced that its 2016-17 levy estimate would be set at £615m, lower than last year’s estimate of £635m. David Taylor, the fund’s general counsel, said the reduction reflected improvements in the Experian scores that scheme employers and guarantors were receiving.But he added that this had been balanced by a deterioration in the smoothed scheme funding levels the fund uses to set levies.The PPF also said it had published the 2016-17 levy consultation document, and that the consultation period would end on 22 October. The UK’s Pension Protection Fund (PPF) has put out an EU tender notice in search of a company to provide an economic scenario generator, used to come up with the large set of scenarios needed for a stochastic, or random probability, analysis.The PPF, which has £22.6bn (€31.2bn) in assets and was set up to shield pension scheme members from corporate collapses, said the tender was not related to the performance of its current provider Barrie & Hibbert, which is now part of the Moody’s Corporation.The fund said it had been using Barrie & Hibbert since July 2006 and was now simply testing the market to see what other providers were offering.The PPF said it wanted either to hire a new provider or to renew the contract with Barrie & Hibbert by April 2016.last_img read more

first_imgReacting to the NFF ‘ no promotion, no relegation,’ decision, he said that, it was the wisest way to go, adding that it would give everybody the motivation and strength to move forward for the next season.‘Importantly, though, we are playing in the Nationwide League, as a young club, our primary objective is to expose our players to competitive football starting from the bottom, and if you have been following the club progress you know where our future is. Most remarkable, we are ready to keep creating opportunities that will add value to the society and better the world,’ Gonzalo Dibiasi explained.Commenting on the club’s achievement and readiness for the next season, the club’s spokesperson, Ms. Ekamen Wushishi, said as a young club, FC Bulmaro, had taken part in youth club competition in Barcelona, Spain, playing with the kids of global football giants and beating a few of them. We missed this year’s tournament due to the global pandemic. We are ever ready. Our players are young, full of energy and very focused. It is always the joy of our stakeholders to see them do exploit. It is the only club from this part of the world that is participating in the championship.‘We do not wish to sound boastful, no team in the cadre is our match in anyway. Our drive and bond is solely pulled towards changing lives of those who genuinely cross our path. For us to achieve this goal we are open to partnership that would be of immense value to our young population, ‘ she said.She also revealed that a prominent foreign body was meeting with the promoters of the young team seeking ways to ride on the back of the club, as a platform to develop and empower young football talents in the country from the grassroots.This development the club stakeholders believe would surely change the football industry for the better and inspire effective leadership in the game of football in the country.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram By Kunle AdewaleHead Coach, FC Bulmaro, Gonzalo Dibiasi has hailed the Nigeria Football Federation, NFF on its decision over the possibility of starting a new football season in September.Dibiasi commended the NFF for its boldness and unshaken commitment to ensure that a new season begin as stated after a long rest because of the global pandemic which has affected the sporting world.last_img read more