Länsförsäkringar Liv is not the only company struggling with guaranteed products.Its rival Handelsbanken Liv had to top up its guaranteed products with SEK16m (€1.8m), as performance failed to cover the guarantees agreed over the third quarter.The guarantees are between 3% and 5%, and, as long as interest rates remain low, the situation will remain.Handelsbanken has worked to move customers out of guaranteed products for some time now.It has SEK11bn in these types of products, SEK57bn in fund products and SEK16bn in other types of insurance products.AMF, another life and pension provider, returned 5.9% over the first three quarters, while its solvency ratio increased to 221%, up from 183% last year, putting it in a better position than many of its competitors when dealing with guarantees.Alecta, meanwhile, returned 6.6%, with a solvency ratio of 174%, compared with 134% at the same time last year.Alecta’s main pension product, Alecta Optimal Pension, returned 12% over the period.Elsewhere, the life and pensions business of SEB, the Swedish banking group, saw premiums increase by 14% to SEK23bn, with its unit-linked business assets under management at an all-time-high at SEK148bn as a result of new clients and rising stock markets.At the same time, SEB Trygg Liv Gamla, its traditional guaranteed product, returned 6.6%. The solvency ratio increased to 192% from 166%.Bucking the trend of reduced guarantees, SEB Trygg Liv Gamla increased guarantees to 7% before taxes and fees from 1 October.At the same time, life and pension business of Nordea, the Nordic banking group, saw a rise in premiums of 23%.Similarly, Swedbank Försäkring, the life and pension insurance business of the banking group, saw premium income increase by 8%, with assets under management increasing by 11% to SEK113.8bn.Its average return for fund customers was 9.6%.Lastly, PP Pension, the pension fund for the press and media, reported returns of 4.4% for the three quarters to the end of September. Länsförsäkringar Liv, the Swedish life and pension insurer, has set out to boost its solvency levels by asking its customers to agree to new contracts without guarantees. So far, only 10,000 of its 200,000 customers have agreed.Instead of guarantees, Länsförsäkringar is also now offering lower fees, a move that has increased its solvency ratio by 1.2 percentage points to 118%.During the first three quarters of the year, guaranteed product performance was down by 3.9%, while its new product with lower guarantees returned 0.8%.
Stuff.co.nz 9 December 2016Family First Comment: More good news – and more reasons that the Greens are unelectable… “The Greens are the only political party in New Zealand that backs comprehensive abortion reform. Other politicians are happy with current abortion law, among them Justice Minister Adams. “Abortion is a deeply personal issue and has traditionally been left as a conscience issue for MPs, and that’s appropriate,” Adams said. “Wholesale reform of abortion law is not something I’m currently looking at.” #chooselifeJustice Minister Amy Adams is ruling out abortion reform, as thousands sign a petition calling for an overhaul of New Zealand’s legislation.Abortions are still illegal under the Crimes Act, and may only be carried out if pregnancy poses a risk to the physical or mental health of the mother.They are also permitted in cases of incest or fetal abnormality, but there’s no exception for rape victims.Student Sarah Batkin, 23, launched the petition on Change.org to raise awareness of the murky legal status around abortion.“My tactic is to make a big fuss, and bring it into New Zealand’s collective consciousness,” she said.Batkin said it was particularly offensive that people had to turn to their mental health to justify having an abortion.“I think it’s dishonest and quite cruel actually to make women pretend that they’re mentally unwell,” she said.Learne McArthur of Christchurch signed Batkin’s petition, and described how she found herself in that position.“When I had my abortion, I had never been clearer in my thinking, yet I was compelled to say my mental health was at risk from the pregnancy,” she wrote.“Two very sane and reasonable doctors were compelled to lie in order to support me.”Jan Logie, Green spokeswoman for women’s issues, said it made no sense to make people fake their mental health.“There’s a degree of dishonesty in the current system, and that doesn’t serve anyone,” she said.“People want to live with integrity, and we should be supporting that.”The Greens are the only political party in New Zealand that backs comprehensive abortion reform.Other politicians are happy with current abortion law, among them Justice Minister Adams.“Abortion is a deeply personal issue and has traditionally been left as a conscience issue for MPs, and that’s appropriate,” Adams said.“Wholesale reform of abortion law is not something I’m currently looking at.”Abortions peaked at 18,511 in 2003 but have been steadily dropping since then, aside from a brief increase in 2005 and 2006.There were 13,155 abortions performed in New Zealand in 2015.READ MORE: http://www.stuff.co.nz/national/87373287/justice-minister-amy-adams-rejects-calls-for-abortion-reform
AITEO-NFF AWARDSTwenty-five years after Super Eagles won the AFCON 1994 in Tunisia as well as qualified for the FIFA World Cup for the first time, that golden generation of players were celebrated on Monday night in Lagos. DURO IKHAZUAGBE who witnessed the 2nd Aiteo-NFF Awards reports…Rashidi Yekini was an enigma of Nigeria football. Almost seven years after the man affectionately called ‘Goals-King’died on May 4, 2012 in Ilorin, his name re-echoed again at the Aiteo-NFF Football Awards that held in Lagos on Monday night. The former Vitoria de Setubal player in the Portuguese topflight whose name was dreaded like plague by Nigeria’s opponents in the ‘Beautiful Game’ around the continent and beyond, ‘resurrected’in the minds of the football family that witnessed the second edition of the Aiteo-NFF Awards inside the Eko Convention Centre on the Lagos Island.For the first time since Stephen Okechukwu Keshi led the 1994 Super Eagles, now commonly referred to as the ‘Golden Generation,’to win the AFCON in Tunisia and also qualified Nigeria for her first appearance at the World Cup held in the USA, the Nigeria Football Federation (NFF) led by Amaju Pinnick, fished out these worthy ambassadors of the country’s football for special recognition.Sunday Oliseh, the effervescent member of that squad, while reeling out the names of five of their members who have died, recalled the influence Yekini had on the team. He revealed that goal scoring comes to the gangling forward as easy as drinking a glass of water. Speaking in Yoruba to drive home Yekini’s romance with goal scoring, Oliseh said: “ Really sad we are missing Yekini this night of honour for our 1994 squad. In my role in the midfield, Yekini would always tell me: ‘Sunday, a ni ko sha ti nan siwaju fun mi.’ Literarily speaking, he enjoys to get the ball laid on his pathway so that he can take on our opponents’defence. That was trademark Yekini for you,” observed Oliseh whose revelation was greeted with applause by the entire hall that included Yekini’s daughter, Omoyemi.The night was not all about Yekini but affectionate football followers who remembered the 34 goals the former IICC Shooting Stars forward scored for Super Eagles in 58 appearances were transported beyond the Eko Convention Centre into the era Nigeria’s senior national team was dreaded due to the quality of players in the team. Flashes of Yekini scoring Nigeria’s first World Cup goal in the 3-0 drubbing of Bulgaria in that debut outing at USA ’94 made the evening beautiful.Oliseh was not done yet in revealing some of the things that made the 1994 squad handled by Clemens Westerhof unique.Pointing in the direction of Okocha, Oliseh also revealed how on several occasions he almost engaged the former Bolton Wanderers star in fisticuff.“Okocha is an exceptionally gifted player, more talented than some of the biggest names the world is celebrating today. But there were times when we almost fought because he was always holding on to the ball too long,” stressed Oliseh on the dribbling habits of the former midfield maestro. Okocha flashed his trademark toothy smile to the audience.Of course, physically present and bathed in encomiums Monday night were goalkeepers Peter Rufai and Alloy Agu, defenders Austin Eguavoen, Uche Okechukwu, Benedict Iroha, Nduka Ugbade and Taribo West, midfielders Mutiu Adepoju, Austin Jay Jay Okocha, Sunday Oliseh and Edema Fuludu. Also on the podium to share in the adulation were forwards like: Finidi George, Samson Siasia and Daniel Amokachi.Apart from Yekini, others who have died like Keshi, goalkeeper Wilfred Agbonavbare, defender Uche Okafor and midfielder Thompson Oliha were also remembered for their labour for their fatherland.Emmanuel Amuneke, Michael Emenalo, Emeka Ezeugo, Efan Ekoku, Isaac Semitoje and Chidi Nwanu could not make it down to Nigeria for the ceremony. While a couple of the players present on Monday night did not make the final cut for the World Cup in America, six members of the group went ahead to join the Dream Team and return to America to conquer – by winning Africa’s men’s football gold at the Centennial Olympics in Atlanta two years later.In other for the labour of these heroes past not to be in vain, Augustine Eguavoen begged the NFF to help some of their colleagues who are yet to get the houses promised them for winning the AFCON ’94.“Five of our colleagues have died. Yekini, Uche Okafor, Thompson Olihah, Wilfred Agbonnavbare, and Steven Keshi are no more with us. We don’t want their labour to be in vain. NFF should please help us talk to the right quarter in government to release those houses for our members who are yet to get theirs,” observed the ex international fondly called Cerezo.Eguavoen insisted that it will be unfair to promise and fail. “ If any one of our dead colleagues is yet to get the house before he died, they have children they left behind. Let them get the houses.”Before the special recognition awards to this ‘Golden Generation,’Super Eagles’ stand-in captain Ahmed Musa and Super Falcons’ opposite number Onome Ebi took the big gongs as best players of the year 2018 in the male and female categories.Musa beat both Odion Ighalo and Alex Iwobi to the award.His second goal in the 2-0 defeat of Iceland at the World Cup in Russia was also adjudged as the Goal of the Year. He was selected ahead of the goals scored by Ighalo and a player from the domestic league.Villarreal forward in the Spanish LaLiga, Samuel Chukwueze won the Young Player of the Year category while Nasarawa Amazons player, Anam Imo won the female version. Aiteo Federation Cup winning coach, Gbenga Ogunbote was selected as Coach of the Year while Coach Thomas Dennerby who led the Super Falcons to win the 2018 women AFCON in Ghana won the female version.Akwa United FC won the Fair Play Award while Kano Pillars Supporters Club won the best supporters of 2018.President of the Nigeria Football Federation and First Vice President of CAF, Amaju Melvin Pinnick, once more eulogized the present administration of President Muhammadu Buhari for providing the conducive environment for football to thrive and for total support for the NFF and the various National Teams, while calling on Nigeria’s other billionaires and well-heeled companies to emulate Aiteo Group and boost the development of football in Nigeria.Aiteo, Nigeria’s leading energy solutions company also stands erect as Official Optimum Partner of the NFF and sponsors of the Federation Cup. It also bankrolls the annual African Football Awards organized by CAF. Its team on Monday night was led by Deputy Managing Director, Mr. Francis Peters and included the Executive Director, Mr. Andrew Onyearu.Business mogul and politician, Chief M. K. O. Abiola was honoured with the NFF Presidential Award, while Governor Akinwunmi Ambode of Lagos received the Lifetime Achievement Award for his hefty support for football projects and programmes of the National Teams.Secretary-General of FIFA, Ms Fatma Samoura (the first African/first woman to occupy the position) was honoured with the NFF Order of Merit Award, as Presidents of 18 Member Associations of FIFA, the Abia State Governor (Chief Okezie Ikpeazu), the Acting Governor of Edo State (Comrade Philip Shaibu), two Governors-elect (Babajide Sanwo-Olu of Lagos State and Abdulrazak Abdulrahman of Kwara State) and captains of industry, political juggernauts, A-class artistes and heavyweight stakeholders of the game watched at the event.There were several members of the CAF Executive Committee, namely Dr. Danny Jordaan of South Africa, Suleiman Waberi of Djibouti, Aisha Johansen of Sierra Leone, Moses Magogo of Uganda and Sita Sangare of Burkina Faso.2ND AITEO-NFF AWARDS WINNERSYoung Player of the Year (Female): Anam ImoYoung Player of the Year (Male): Samuel ChukwuezeFair Play Award: Akwa United FCFans of the Season: Kano Pillars FC FansCoach of the Year (Female): Thomas DennerbyCoach of the Year (Male): Olugbenga OgunboteGoal of the Year: Ahmed MusaTeam of the Season: Super FalconsNFF Development Award: Channels Television (Channels Kids’ Cup)Special Recognition: Super Eagles of 1994Lifetime Achievement Award: Governor Akinwunmi AmbodeNFF Presidential Award: Chief M.K.O Abiola (of blessed memory)NFF Order of Merit Award: Fatma SamouraPlayer of the Year (Female): Onome EbiPlayer of the Year (Male): Ahmed MusaShare this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram