Morrisons’ bakery staff helped deliver 100 loaves of bread to a good cause while preparing for their big store opening.The new supermarket in Handsworth, Birmingham opens on 31 January and, in preparation for the launch, the store’s bakery ovens had to be fired up to check they were in full working order. All the day’s baking was donated to the Handsworth Salvation Army.General manager Chris Hampton said: “I am delighted that our first bake is going to such a worthy cause. We always try to ensure that nothing is wasted and therefore donating the bread to where we know it is needed provides the perfect solution.”
Local authority pension schemes in the UK could face successful demands for members for portfolios to drop tobacco company holdings, according to a legal opinion from a respected barrister.The Local Government Pension Scheme (LGPS) Shadow Scheme Advisory Board asked Nigel Giffin, a specialist in public law, to establish if the funds owed a fiduciary duty to its members and if wider functions, aims or objectives of the administering authority should impact the discharge of its LGPS investment duties.The LGPS Shadow Scheme Advisory Board, the pilot body for the new LGPS Advisory Board, was set up to encourage best practice, increase transparency and coordinate technical and standards issues among local government schemes.Giffin said that the administering authority of an LGPS fund has both fiduciary and public law duties. The fiduciary duties are both to the scheme employers and to the scheme members. He added that the administering authority’s power of investment needed to be exercised for investment purposes, and not for any wider purposes. Investment decisions must therefore be directed towards achieving a wide variety of suitable investments, and to do what was best for the financial position of the fund, balancing risk and return in the normal way.“So long as that remains true,” the advice continued, “the precise choice of investment may be influenced by wider social, ethical or environmental considerations, so long as that does not risk material financial detriment to the fund.“In taking account of any such considerations, the administering authority may not prefer its own particular interests to those of other scheme employers, and should not seek to impose its particular views where those would not be widely shared by scheme employers and members.“Nor may other scheme employers impose their views upon the administering authority,” he added.The LGPS Advisory Board said this opinion could also apply to social housing, for example.It said: “An administering authority may take account of social housing needs but only if an investment in this kind of asset stands up as an investment in its own right and can demonstrate that it is not preferring its own interests over other scheme employers in making the investment.”Among local authorities, the Newham Pension Fund has already removed tobacco from its portfolio.Catherine Howarth, chief executive of lobby group ShareAction, said: “This will help members of the LGPS who have ethical objections to investing in tobacco stocks, in proposing that their funds look for alternatives to tobacco that deliver the same long-term investment returns.”She said ShareAction would be making contact with scheme members’ groups which have been campaigning for the pension funds to disinvest from tobacco.In particular, she expected the recent influx of health workers into the LGPS following a restructuring of the National Health Service to continue acting as a catalyst for change.The Local Government Association, which commissioned the opinion on behalf of the shadow board, added that it welcomed the advice. “It makes clear that, while the administering authority’s power of investment must be used to get the best returns, wider social, ethical or environmental considerations can be taken into account – providing any replacement assets achieve similar returns.“It has confirmed our view that these are decisions best taken locally,” it added. “No one stakeholder group can impose its view on another when it comes to deciding how assets are best invested in individual pension funds.”
Sharing is caring! Tweet Share Share 17 Views no discussions LocalNews Brighter futures adolescent health symposium organized to address issues affecting adolescents by: – October 17, 2011 Share Image via: asiahope.blogspot.comHealthy Youth – Brighter Futures is an initiative of the Ministry of Health in partnership with the Ministries of Youth Affairs, Education and Community Development. The Adolescent Health Survey (2004) revealed a number of issues including poor sexual and reproductive health choices, alcohol use, violence, accidents and obesity which threaten the health of young people of Dominica. The 2009 Dominica Global School Health Survey (GSHS) which measured alcohol use; dietary behaviors; drug use; mental health; physical activity; sexual behaviors; and violence and unintentional injury revealed the need to take urgent corrective action in these areas. The National Strategic Plan for Dominica 2010- 2019 also identifies several areas of concern including the absence of a national body dealing with matters germane to adolescents, lack of organized programmes, narrow view of educators, poor negotiating skills and limited preparation for adulthood and society.Consequently, in order to make progress in improving adolescent health, a combination of perspectives and approaches is needed, since Adolescent health encompasses not only the prevention and treatment of disease and disability, but also behavioural and social issues. Issues of safety, social relationships, self-esteem, education and skill development all figure into healthy adolescent development. The goal of the project is that adolescents and youth will receive timely and effective health promotion, prevention and care through integrated health systems and inter- sectoral collaboration.The objective is to develop and strengthen the health systems delivery of timely and effective health promotion, disease prevention and care for adolescents and youth using a life cycle approach.The project will be carried out in four (4) phases:Phase 1: National consultation involving a wide range of stakeholders to present summary of findings from GSHS and GYTS, collect information on services various groups currently offer to adolescents and youth, identify gaps and agree on a Plan of Action. A National committee will be formed to address the needs of Adolescents with various sub committees for special areas.Phase 2: Compile Situation Analysis using results from various surveys completed in the last five years including the GSHS, GYTS, Adolescent Health survey and information from consultation.Phase 3: Develop Adolescent Health Policy and PlanPhase 4: Establish integrated Adolescent Health Programmes with special emphasis on the male adolescent.Press Release
While saying all effort is being made to ensure a successful competition, the organising committee chairman, who is also the Vice Captain of the section, promises a unique competition that every Nigerian will be proud of.“Nigeria Cup is about celebrating our national heritage; it’s about Nigeria and Nigerians, and everything in it. So we are giving our members, our sponsors and every participants a Nigerianised weeklong fanfare”, Alli said.According to him, the kiddie’s event this year will be great; the ladies event will be a showpiece, the pro-am is our signature event and very unique, Alli said, explaining further that sponsors and players will get value for being part of the competition.“We will make sure that our sponsors get value for their money, we will be accountable and we promised that every money given will be well spentDescribing this year’s edition as a novel considering the plans already put in place; Alli said that there is no better time to celebrate the nation than now.‘I think this is actually the time to relax and celebrate after all the crisis we have gone and still going through. We want to ensure that the 20th Nigeria Cup give sponsors, our members and all our friends opportunity to unwind and refocus and golf is one of the those sports that is good for such relaxation,” Alii explained further.While thanking members of the club and corporate organisations for their support so far, Alli pleads for more, saying every kobo given to the committee will not only be well spent.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram As preparation for the 20th in the series of the Nigeria Cup; a weeklong competition put in place to celebrate the nation’s Independence anniversary gathers momentum, the first stage of the competition begins on Saturday with the pre-tournament qualifiers, Chairman of the 2016 organising committee, Bayo Alli has revealed.The pre-qualifiers take place at the golf section of Ikoyi Club 1938 on Saturday, September 3rd.