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18 Sep 2021, 11:59 am
Pix Credit 1902 Cartoon of a more ancient form of corruption; HEREPix Credit: HERESince the Enlightenment and the rise of narratives of quantitative divinity in the West, it has become common to deepen cultural presumptions that (1) numbers do not lie; (2) that data serves as its own defense against corruption; (3) and that "following the science" inevitably serves the community as protection against the corruption of discretionary governance by humans. [read post]
17 Sep 2021, 2:32 am
In recent years, many defined benefit (DB) pension scheme members have taken advantage of the ability to transfer their DB pension pots out of their schemes, to be able to access their money in different and more flexible ways. [read post]
5 Sep 2021, 10:56 am
Brent London Borough Council v Shulem B Association Ltd (2011) EWHC 1663 (Ch), (2011) 1 WLR 3014, and Skelton v DBS Homes (Kings Hill) Ltd (2017) EWCA Civ 1139, (2018) 1 WLR 362 both found the necessity of a valid demand for payment. [read post]
1 Sep 2021, 8:55 pm
The FCA published Finalised Guidance 17/9 (FG17/9) in 2017, setting out how firms should calculate redress for unsuitable defined benefit (DB) pension transfers. [read post]
22 Aug 2021, 6:49 am
DBS Throws Director Under the FINRA Regulatory Bus (BrokeAndBroker.com Blog)Texas Man Pleads Guilty to Wire Fraud for Foreign Exchange Investment Fraud Scheme (DOJ Release)SEC Charges Healthcare Services Company and CFO for Failing to Accurately Report Loss Contingencies as part of Continuing EPS Initiative (SEC Release)Statement of Commissioner Dawn D. [read post]
22 Aug 2021, 6:49 am
A recent FINRA AWC regulatory settlement looks like a case where an employer threw an employee under the bus, and the regulator gunned the engine and drove over him with relish and delight. [read post]
12 Aug 2021, 7:00 am
Dennis Lam of DBS, a major Asian bank, has predicted that sectors tied to social and economic issues, including education, e-commerce, and health care, will experience further regulation. [read post]
15 Jul 2021, 9:46 am
For the median household in this group, DB pensions and SS benefits account for more than half of all wealth in 2019. [read post]
30 Jun 2021, 8:46 am
The Guardian reports that the International Criminal Tribunal for the former Yugoslavia today sentenced Jovica Stanišić, former head of Serbia's state security service (DB), and his deputy Franko “Frenki” Simatović who ran DB’s special forces, to 12 years in prison for war crimes. [read post]
28 Jun 2021, 8:45 am
Cases C-466/19 P Qualcomm and C-481/19 P DB v Consob Marc Veenbrink Judgment of 28 January 2021, Qualcomm v Commission, C-466/19P, EU:C:2021:76, and Judgment of 2 February 2021, DB v Commissione Nazionale per le... [read post]
25 May 2021, 5:38 am
(but don’t tell anyone…) Some people mock DB. [read post]
12 May 2021, 7:17 am
D B Systems (DBS) learned this the hard way. [read post]
31 Mar 2021, 8:50 pm
Use the information they collect to assess whether a DB transfer is suitable. [read post]
4 Mar 2021, 8:55 pm
In FG17/9 the FCA sets out guidance for firms on how to calculate redress for unsuitable defined benefit (DB) transfers. [read post]
1 Feb 2021, 10:36 am
According to the National Institutes on Deafness and Other Communication Disorders (NIDCD), repeated exposure to an 85 dB sound – about how loud a lawnmower is – can lead to hearing loss. [read post]
26 Jan 2021, 8:07 pm
Two AEB systems, crash imminent braking (CIB) and dynamic brake support (DBS), have been available on some vehicle models in the United States since 2006. [read post]
20 Jan 2021, 1:53 pm
Under DNL, noise during night hours, from 10 p.m. to 7 a.m. is weighted by an additional 10 decibels (“dB”) for the apparent purpose of expressing community “annoyance” level. [read post]
18 Jan 2021, 8:50 pm
The FCA will publish an updated DBAAT for use by firms for the DB transfer advice they gave from 1 October 2020. [read post]
13 Jan 2021, 2:01 am
Nevertheless, trustees of both DB and DC schemes should monitor developments. [read post]
4 Jan 2021, 4:00 am
For public sector pension plans sponsored by a single employer (and other prescribed plans) in Ontario, there is an opportunity to reduce cash flow and balance sheet volatility in respect of DB pension liabilities through converting into a jointly sponsored pension plan. [read post]
