Lender Amigo being wooed after several suitors express takeover interest

first_img Share Sign up to City A.M.’s Midday Update newsletter, delivered to your inbox every lunchtime Amigo offers loans of up to £10,000 with a representative interest rate of 49.9 per cent APR. The watchdog has heightened scrutiny of Amigo’s business model as it turns a hard eye on the type of loans offered by such companies. Amigo has said it could collapse after its compensation scheme was not approved last week. Also Read: Lender Amigo’s shares rise as suitors express takeover interest All or part of Amigo’s business could be sold after founder James Benamor’s Richmond Group said it was open to divesting its stake of 60.66 per cent. Lender Amigo’s shares rise as suitors express takeover interest Amigo has said it could collapse after its compensation scheme was not approved last week. Also Read: Lender Amigo’s shares rise as suitors express takeover interest Amigo, the loans company, has revealed that several companies have expressed interest in buying the business after the firm opened itself to offers at the end of January. “We are concerned that there may be increased pressure on our business and a continual evolution in the approach of the Financial Ombudsman Service (FOS),” Amigo said. An industry source said that it thought for many companies Amigo was “too risky” a takeover prospect: whatsapp The company, which loans money to people with poor credit ratings, has come under increasing pressure recently after a crackdown by regulator the Financial Conduct Authority (FCA). “Though Amigo may once have been seen as a genuine alternative to payday lenders, the sands have now shifted. Some will think it should have seen the regulatory pressure coming”. Shares in the firm jumped 11.5 per cent on the announcement today.center_img More From Our Partners Man on bail for murder arrested after pet tiger escapes Houston homethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKansas coach fired for using N-word toward Black playerthegrio.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com The FTSE small cap firm said that it had entered into non-disclosure agreements with the interested parties but that there was no certainty that an offer would be made. When it launched the strategic review and sales process on 27 January, the firm said that it was fighting against a “challenging operating environment”. whatsapp Complaints about the lender have more than doubled lately. In the first six months of 2019, the FOS received 266 new complaints about Amigo, up from 117 in the same period the year before. Since the firm floated for £1.2bn in 2018, Amigo’s board has seen shares plunge 78 per cent. In December, chief executive Hamish Patton said he would step down, whilst the firm is seeking to replace chairman Stephan Wilcke, who is also stepping down. Show Comments ▼ Amigo has said it could collapse after its compensation scheme was not approved last week. Edward Thicknesse Tuesday 18 February 2020 2:30 pm The FCA is currently reviewing Amigo’s system of allowing people to name guarantors as it is concerned that guarantors do not know the risks when agreeing to the repayment plan.last_img read more


Exclusive: Coronavirus sees boost in internal hiring

first_img Also Read: Exclusive: Coronavirus sees boost in internal hiring Exclusive: Coronavirus sees boost in internal hiring by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorGameday NewsMichael Oher Tells A Whole Different Story About ‘The Blind Side’Gameday NewsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthMagellan TimesIf You See A Red Ball On A Power Line, Here’s What It MeansMagellan TimesSportinal20+ Female Gymnasts And How They Look NowSportinaltigerscroll.comHere’s What The Black Diamond On Measuring Tape Really Meanstigerscroll.com Thursday 19 November 2020 8:01 am Before the Open newsletter: Start your day with the City View podcast and key market data “This presents excellent internal mobility and professional development opportunities for individuals who want to learn new skills, gain a different experience and progress within their company.”  The coronavirus pandemic has spurred firms to look inwards when it comes to hiring for new roles, City A.M. can reveal. Other countries around the world are experiencing a similar surge in internal promotions, like Germany, where the rate of such hiring is up 25 per cent. And 64 per cent of recruitment specialists now say that internal hiring has become a priority for them due to the pandemic. whatsapp Edward Thicknesse whatsappcenter_img Additional research from LinkedIn shows that 31 per cent of UK business leaders are focused on giving employees the opportunity to move into different roles internally in the next six months. Also Read: Exclusive: Coronavirus sees boost in internal hiring New data from LinkedIn shows that internal hiring at UK firms rose 20 per cent compared to last year between April and August. Tags: UK jobs Share To carry out the survey, LinkedIn analysed the share of employees changing their job title to a dissimilar role within the same organisation to uncover the rate at which companies are filling open roles with existing employees.  With the continued uncertainty from the coronavirus crisis meaning that organisations are finding it harder than ever to hire external candidates, opportunities for internal candidates to move up the ranks have jumped. Show Comments ▼ Janine Chamberlin, senior director at LinkedIn, said: “The continued uncertainty around Covid-19 has meant that many companies are looking to tap existing employees for new opportunities within their organisations. last_img read more


General Election 2015: Virgin Money CEO Jayne-Anne Gahia wants a strong leader who will back business

first_img Tags: General Election 2015 ELECTION COUNTDOWN 23 DAYS Every day until the final week of the election campaign,  we ask a business leader to say what policies would entice them to vote for a particular party. JAYNE-ANNE GADHIA: CEO VIRGIN MONEYI will vote for the party who has the strongest leader. Leadership is essential for success – whether in sport, business, public service or politics. I want to be represented by a confident leader, who has the integrity and the statesmanship that will present the best interests of our country both at home and on the world stage. And I desperately want a leader who will represent the many – not the few – in a tolerant, open and strong United Kingdom. ■ It is also important to have a government which will champion business success and encourage vibrant and thriving competition in all sectors. I want a government brave enough to take on the vested interests of the large incumbent banks and also innovative enough to implement full Account Number Portability and so end, once and for all, the anti-competitive current account market protected by the big banks today. Vested interests will say that is unaffordable. The truth is that we cannot afford not to introduce it if we really want a world-class banking sector that works for charities, businesses and consumers alike. ■ And I will vote for you only if you put economic strength at the heart of all you do. With policies that ensure a strong and growing economy and with a tax regime and immigration policy that attracts the best to Britain I think we can improve health, education and the other public services that we all rely on. ■ Government policies should incentivise an entrepreneurial culture across all disciplines from engineering to digital. That means encouraging start-up businesses created by people from a wide range of backgrounds. It also means investing in skills, online connectivity and education to address youth unemployment and to get the engine room of the economy firing. ■ Let’s find a way to tackle housing across the UK. A generation of young people are priced out of the market, changes are needed to the planning system and more can be done to provide financial support to first time buyers. I feel privileged to live in a democracy where issues can be debated  openly and where we can vote on issues such as membership of Europe or the future of the UK. And in the end I want a government which lives by the will of the people. That seems to me where true leadership and real integrity lie.  POLL OF POLLSVisit our General Election poll tracker to see how each party is faring in the build-up to 7 May.   More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp General Election 2015: Virgin Money CEO Jayne-Anne Gahia wants a strong leader who will back business Monday 13 April 2015 9:30 pm Share Express KCS Show Comments ▼ whatsapplast_img read more


Landslide victory predicted for Labour leader candidate Jeremy Corbyn

first_imgMonday 10 August 2015 9:10 pm Landslide victory predicted for Labour leader candidate Jeremy Corbyn Express KCS whatsapp Share Jeremy Corbyn is set to ease to victory in the contest for Labour leadership, a new poll reveals. The hard-left Islington North MP can expect 53 per cent of the vote, 32 points ahead of his nearest rival.In second place was health secretary Andy Burnham, who was far behind at 21 per cent, according to the poll conducted by YouGov for the Times. Shadow home secretary Yvette Cooper polled 18 per cent while Liz Kendall is predicted to get eight per cent of the vote. YouGov president Peter Kellner said Corbyn could expect a “knockout victory”. He added: “I would personally be astonished if Mr Corbyn does not end up as Labour’s leader – but I have seldom released a poll with as much trepidation as I have done this time.”The predicted landslide victory for Corbyn comes just two days before the deadline for members to sign up to vote. whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Show Comments ▼ Tags: Jeremy Corbyn Labour leadership race Peoplelast_img read more


Fr Paddy: Will we adapt to climate chaos?

first_img Here are all of Wednesday’s Laois GAA results Fr Paddy: Will we adapt to climate chaos? The much anticipated ‘Climate Action Plan’ was recently released by the Irish Government.The Climate Action Plan arrives as a reaction to both electoral and public demonstrations of citizens’ impatience with this and previous Governments’ ‘laggard’ response to climate breakdown.The Climate Action Plan was already required as a result of Ireland’s commitment to the Paris Agreement and draws from the 2017 Citizen Assembly’s Climate recommendations and the report from the Joint Committee on Climate Action in 2019. Previous articleIn Pictures: Abbeyleix Golf Club hosts Soccer Club ClassicNext articleRemember the Game: Timahoe win the battle of the parish in 2012 Fr PaddyFr Paddy is a curate in the hugely vibrant Portlaoise Parish. From Carlow town, he was educated in Carlow CBS and studied Business and Politics in Trinity College Dublin before training to be a priest in Carlow College.He is the youngest priest in the Kildare & Leighlin diocese and writes for a number of media outlets. He has almost 14,000 followers on Twitter. WhatsApp GAA Facebook RELATED ARTICLESMORE FROM AUTHOR Home Columnists Fr Paddy: Will we adapt to climate chaos? Columnists Pinterest Twitter WhatsAppcenter_img TAGSClimate Change By Fr Paddy – 31st August 2019 Twitter Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory GAA Plan of plansThe plan concentrates on the first of the two main objectives. It outlines how to decrease our emissions in small increments, which in my opinion offers more than a hint of ‘kicking the can’ until after 2030.This incremental approach has been the focus of a lot of criticism, with the general feeling that the plan lacks the ambition of the preceding report from the Joint Committee on Climate Action – so far, not so good.What I found most disappointing, and frankly alarming, is that the Government’s plan has chosen to completely ignore the fact we need to adapt to climate breakdown now, not at some undefined future date.Ireland is already experiencing extreme weather events including flooding, drought and extreme snow-fall. However, the Government’s plan for adaption is concentrated on building resilience through plans, strategies and support, notably without a single euro of further spending commitments.This vague ‘plan of plans’ is meant to guide and protect us through the worst of the impacts of the climate emergency is truly worrying. It signifies that the Government is again ‘lagging’ behind.Lacking a holistic approachThe Climate Action Plan’s method of cost benefit analysis has failed to join the dots between land management policies that contribute to both mitigation and adaption as well as considering the co-benefits for biodiversity and wellbeing.Nature based solutions have been particularly ignored in this plan in favour of consuming better technology to shield us. Restoring and enhancing the natural environment can help both absorb excess carbon emissions and buffer us from the extremes in weather that we are facing.The plan mentions that these actions would play a role in carbon capture and are consequently important in climate breakdown mitigation.What the plan fails to deliver is the connection between how these actions could also play a vital role in climate adaption, both at local and national level.The potential of these approaches is not widely appreciated in Irish culture and this is a clear example of an area where the Government could provide leadership which would offer real hope. Restoring and rehabilitating bogs would lead to increased absorption capacity of excess water in times of flooding and be a source of water in times of drought, acting as a natural buffer to weather extremes.Diversification of agriculture, including agro-forestry, allows the farmer to adapt to climate breakdown by providing a range of possible income sources, reducing water runoff and soil erosion.On reading the Plan I learned that that “early adaptation planning for the impacts of climate change makes economic sense”.I was struck that the benefits to biodiversity, overall quality of the landscape and human well-being are not even considered in this document. Omitting these benefits and opportunities from this document, and instead relying on cost-efficiency, has created a one-dimensional plan that will fail in its efforts to capture public support and buy-in that a crisis like this needs.It’s as if the Government wants to protect the environment simply as a financial resource, but never acknowledges that it is where we live, how we live, a thing we love regardless of its economic benefits.Gentle nudge or political fudge?From a social justice perspective, the failure and deliberate reluctance to tackle climate adaption at the national level, pushing the responsibility instead to the individual level is both morally and practically problematic.The impacts of climate breakdown in Ireland is felt very unequally, depending on: where you live, your occupation and how much money you make.Repeated flooding has left homes uninsurable, drought disproportionately impacts farmers who cannot feed their animals, and storm damage is more devastating to people who do not have the resources to repair the damage every year.This is putting people under increased emotional and financial stress. The plan commits to a ‘Just Transition’, but I was left asking “whose justice, which transition?”There are absolutely no practical measures mentioned in this plan of plans that would help alleviate some of these pressures.It must be remembered that in a global context, Ireland is fortunate that while the weather is getting more extreme, we are still able to have sustainable lives here.With holistic and immediate action, Ireland has the ability to adapt to these changes and buffer ourselves from the worst of climate chaos. Other countries are not so fortunate.Ironically, in the long-run, refusing to make changes now is the worst possible use of our resources.SEE ALSO – You can read all of Fr Paddy’s previous columns here Facebook Pinterest GAA 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more


Laois GAA to decide on Tier 2 proposals for 2020 All Ireland football championship

first_img TAGSGAA Special Congress Facebook Home Sport GAA Laois GAA to decide on Tier 2 proposals for 2020 All Ireland… SportGAAGaelic Football RELATED ARTICLESMORE FROM AUTHOR GAA Pinterest Facebook Twitter By Steven Miller – 14th October 2019 Pinterest Laois GAA to decide on Tier 2 proposals for 2020 All Ireland football championship WhatsApp Here are all of Wednesday’s Laois GAA results Previous articleMixed results on a busy weekend for Portlaoise HockeyNext articleFrom the TV screen to O’Moore Park glory – 2019 is a year this Laois teenager will never forget Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin A GAA Special Congress will take place in Cork this coming Saturday – with a number of motions to be voted on that will have consequences for Laois if they are passed.The big item on the agenda is the proposed introduction of a new Tier 2 All Ireland football championship, one that will see Division 3 and 4 counties excluded from the Qualifiers and instead re-routed into this new competition.The Division 3 and 4 counties will still play as normal in their provincial championships but won’t be allowed enter the All Ireland Qualifiers unless their reach their provincial final.Laois will play in Division 2 of the league in 2020 which would mean they would remain in the main competition, but there is a proposal from Tipperary that your finishing position in the 2020 league would be used to determine your status. That would mean that if Laois were relegated from Division 2 next year then they wouldn’t play in the All Ireland Qualifiers unless they reached the Leinster final.Laois GAA’s delegates will be at Special Congress on Saturday and are likely to take their lead from what the club delegates decide at tonight’s County Board meeting.The Tier 2 proposal is one of five motions to go to Special Congress. The others include a proposal to introduce an attacking mark for clean catches inside the 45m line from a kick pass. The person who takes the mark then will have 15 seconds to take the kick. This has been increased from the five seconds which was trialled in the 2019 league.The GAA previously organised an All Ireland ‘B’ championship in the early 1990s and then a Tommy Murphy Cup from 2004 to 2008.While the GAA have said that they will put in place structures to promote the new Tier 2 football championship with the final played in Croke Park and a separate All Stars team to be picked from it, there is a fear among counties that it will be treated as a sub-standard competition.A Sunday Times survey of the counties found that nine counties are in favour of the introduction of the GAA’s proposal (Armagh, Leitrim, Limerick, Longford, Sligo, Wexford and Wicklow) while two more (Tipperary and Waterford) are in favour of it the Tipperary motion.Antrim, Clare, Derry, Down and Offaly will all be voting against it while a number of counties like Laois are deciding this week. Some of the stronger Division 1 counties will decide on the day and take their cue from the views of the affected counties.One anomaly that has emerged is that a county like Cork, who reached the Super 8s this year but will play in Division 3 in 2020, will have to beat Kerry to avoid playing in the new competition as they were drawn against Kerry in the Munster semi-final. The other four Munster counties – Tipperary, Limerick, Clare and Waterford – are on the other side of the draw.There is also a proposal to introduce a 10-minute sin bin in place of the black card for cynical fouls and that all kickouts now be taken from the 20-metre line instead of the 13-metre line and that all kickouts must go forward.SEE ALSO – Talking Points as Portlaoise claim Laois SFC title for the 35th time GAA WhatsApp Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Twitter GAA last_img read more


Subdued celebrations for Party Foundation Day, emphasis placed on warming ties…

first_imgNews Subdued celebrations for Party Foundation Day, emphasis placed on warming ties with China By Ha Yoon Ah – 2018.10.12 3:02pm AvatarHa Yoon AhHa Yoon Ah is one of Daily NK’s full-time journalists. Please direct any questions about her articles to [email protected] SHARE News News RELATED ARTICLESMORE FROM AUTHORcenter_img News North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) North Korea hikes “party contributions” Russia-based workers must pay by 30-55% Facebook Twitter Hamhung man arrested for corruption while working at a state-run department store South Korean President Moon Jae In met with North Korean leader Kim Jong Un at the headquarters of the Central Committee of the Workers’ Party of Korea in Pyongyang on September 18. Image: Pyongyang Press Corps PoolDespite being one of the country’s major holidays, North Korea did not hold any special celebrations to commemorate the establishment of the Workers’ Party of Korea (WPK) on October 10. North Korean officials did, however, display some differences from past years in emphasizing Sino-North Korean friendship and refraining from criticizing the US and South Korea. On October 10, the Rodong Sinmun published an editorial entitled “[We] will only achieve victory and honor under the banner of solidarity.” The emphasis on solidarity toward the regime departs little from the editorials published in the previous two years.“[We] must achieve the power of solidarity in the full march to achieve the Party’s new strategic policy,” the editorial reads. “Armed with the do-or-die resolution of unconditionally following the orders of the Party, all government officials, Party officials and workers must display the power of solidarity in the grand march of economic construction.” Emphasizing the spirit of self-sufficiency and scientific technology, the editorial adds that “[We] must more speedily work to achieve the strategic objectives of the five-year Jungsan Charge Movement (a new mass movement that was announced in August 2018 emphasizing solidarity to achieve the nation’s five-year development plan).” Unlike previous years, the Rodong Sinmun ran an article on its front page that reported that the Chinese Communist Party’s Central Committee sent a basket of flowers to commemorate October 10, along with a photo. In the previous two years, the newspaper did not publish the full text of the celebratory messages North Korea received from China.Further emphasizing the atmosphere of friendship between North Korea and China, the newspaper also published an article that said that the two countries exchanged opinions regarding sports-related exchanges and cooperation and that the two countries had held an event regarding such exchanges. Korean Central News Agency (KCNA) reported previously that North Korea’s Ministry of Sports had invited the head of China’s General Administration of Sport, Gou Zhongwen, to North Korea and the delegation arrived in Pyongyang on October 8. KCNA also reported that, “In a period where the Sino-Chosun relationship is at a new, advanced stage of strengthening and development, the visit of the Chinese sports delegation to Chosun will contribute to the strengthening of the bilateral exchanges and cooperation in the sphere of sports and advance the brotherly friendship of the two country’s peoples.” It has been reported that Yao Ming, a Chinese basketball superstar who retired from the US National Basketball Association (NBA) in 2011, visited North Korea as head of the delegation in his capacity as head of the Chinese Basketball Association.A friendly match took place on October 9 between Chinese and North Korean basketball players in Pyongyang. Image: Rodong SinmunIn another change from last year, the October 10th edition of the Rodong Sinmun did not feature any articles or editorials that directly criticized South Korea or the US. Along with continuing to improve inter-Korean relations, North Korea appears to be aiming to maintain an atmosphere of dialogue by refraining from criticizing the US as its negotiations over denuclearization with the US seem to be emerging from a period of stagnation.Last year, in regards to the rotational deployment of American strategic assets near the Korean Peninsula, the newspaper published an article entitled, “The ludicrous statements that show the true face of those destroying peace” that severely criticizes the US saying, “The rotational and expanded deployment of American strategic assets led by the US and its puppets is a serious military provocation and a very dangerous development aimed at placing the Korean Peninsula into the fiery cauldron of a nuclear war.”  The newspaper criticizes President Donald Trump by name in the article and indirectly criticizes South Korean President Moon Jae-in, calling him the “South Chosun leader.” On October 10, North Korean Party and government officials visited the Party Founding Museum, and members of the Chosun Women’s Alliance and university students held a celebratory event to honor the anniversary. South Korean Ministry of Unification spokesman Paek Taehyun told reporters in regards to these celebrations that, “We understand that North Korea is conducting visits to meaningful sites and holding cultural events to commemorate the 73rd anniversary of the founding of the Party on October 10.” last_img read more


Sentry moves forward with fund lineup changes

first_img Keywords MERs and management feesCompanies Sentry Investments Inc. Tessie Sanci imilian/123RF However, the preferred pricing model that was available in Series P will now be available in Series A and Series T under the front-end load option as well as Series F, FT4, FT5, FT6, FT7 and FT8. Clients who currently hold an investment within Series P, PF, P8 and PF8 will have their funds moved to an appropriate corresponding series that remains in the firm’s lineup. For example, investors in Series P8 or PF8 will now own Series T8 or FT8, as applicable, of the same fund. “By adding automatic preferred pricing discounts to our front-end and fee-based series in January, and now eliminating our Series P and Series PF, we have made it easier for financial advisors to ensure they are getting the best pricing for which their clients qualify, back to the first dollar invested,” says Kos Lazaridis, vice president of product at Sentry, in a statement. Sentry is also redesignating some other series within its lineup. More details about the firm’s move to eliminate its preferred pricing series and the effects on investors who own funds within those series, as well as changes to other series, can be found in the firm’s announcement. The various redesignations will not result in a taxable event for investors and will not impact the management of the funds. Sentry is also reducing management fees for investments under $100,000 for Series A and Series T if purchased under the front-end load option, replacing the firm’s earlier decision to provide management fee rebates to these investors. Investors with balances of $100,000 or more in these series will still receive preferred pricing discounts in the form of management fee rebates. All changes will be effective April 4. Photo copyright: imilian/123RF Unitholders approve changes to NEI funds Share this article and your comments with peers on social media Desjardins to close four ETFs Related news Facebook LinkedIn Twitter HSBC changes strategy, lowers fees for global equities fund Toronto-based Sentry Investments Inc. announced on Monday that it’s going ahead with plans to eliminate its preferred pricing mutual fund series and introduce a preferred pricing structure to already existing series to simplify its mutual fund lineup. As a result, the firm will no longer accept new purchases for Series P, PF, P8 and PF8 after the end of the business day on Monday. last_img read more


Bradley leads Dick’s Sporting Goods Open into final round

first_imgENDICOTT, N.Y. – Michael Bradley shot a 4-under 68 on Saturday to take a two-stroke lead into the final round of the PGA Tour Champions’ Dick’s Sporting Goods Open. The 52-year-old Bradley had five birdies and a bogey in the rain-delayed round to reach 11-under 133 at En-Joie Golf Club. A four-time winner on the PGA Tour, he’s seeking his first victory on the 50-and-over tour. Bart Bryant and Marco Dawson were tied for second. Bryant, the 2013 winner at En-Joie for his lone Champions title, had a 67. Dawson shot 70. Full-field scores from the Dick’s Sporting Goods Open Wes Short Jr. (65), Clark Dennis (70) and Tom Gillis (69) were 9 under, and Kenny Perry (69) was 7 under with first-round leader Doug Garwood (73), Mark Calcavecchia (69), Woody Austin (71), Jerry Haas (68) and Scott Parel (68). Perry won the 3M Championship two weeks ago in Minnesota. Bernard Langer, the 2014 winner, was 5 under after a 69. Defending champion Scott McCarron had a 71 to get to 1 under. John Daly, the winner of the PGA Tour’s 1992 B.C. Open at En-Joie, was 6 over after rounds of 73 and 77.last_img read more


Feature Photo: Author Tim O’Brien at FVCC

first_imgTim O’Brien, author of “The Things They Carried,” signs books after his talk at Flathead Valley Community College Thursday as a part of the Flathead County Library’s “The Big Read.” Upcoming events for The Big Read include an invitation to veterans to share their stories, a panel discussion on remembering Vietnam and a presentation of the film, “Vietnam Nurses,” introduced by Diane Carlson Evans. Evans served as a nurse during the Vietnam War and founded the Vietnam Women’s Memorial Project. For a full list of The Big Read events, contact the Flathead County Library. Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Emaillast_img read more