As the hedge fund industry matures, managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to EY’s seventh annual survey of the global hedge fund market, Exploring pathways to growth. However, the survey shows that while managers want to grow their assets under management through new products and distribution channels, investors do not necessarily plan to increase allocations to hedge funds and are not interested in buying multiple products from one manager.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64370-ey-seventh-annual-survey-of-the-global-hedge-fund-market
Inspired by the heartwarming smile of a child, and the millions of photos that moms proudly post online of their children every day, the TYLENOL® brand’s SMILING IT FORWARD™ campaign is a simple way to share those adorable, smiling photos for a good cause.
The power of SMILING IT FORWARD™ was set in motion today by How I Met Your Mother star and social media mother of two, Alyson Hannigan. By sharing the first “smile” of her two daughters Satyana, 4, and Keeva, 1, Hannigan triggered the first donation from TYLENOL® to Children’s Health Fund, an organization well-known for its mobile medical clinics that provide healthcare services to underserved children throughout the U.S. Now, until mid-January, moms across the country can join in by sharing their own smiles at SmilingItForward.com, prompting TYLENOL® to make a $1 donation to Children’s Health Fund, up to $100,000, helping to ensure a doctor’s visit is always within reach for children in need.1
To view Multimedia News Release, go to http://www.multivu.com/mnr/62078-tylenol-moms-smiling-it-forward-alyson-hannigan-children-s-health-fund
BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company servicing the wholesale financial and real estate markets, announced today that, together with its affiliate Cantor Fitzgerald, approximately $12 million was raised for charities globally at the companies’ annual Charity Day on Wednesday, September 11, 2013. Each year, BGC and Cantor Fitzgerald donate 100% of their global revenues on Charity Day to the Cantor Fitzgerald Relief Fund and charities around the world.
To view Multimedia News Release, go to http://www.multivu.com/mnr/62684-cantor-fitzgerald-bgc-partners-inc-september-11-2013-charity-day
One creative kid’s unique sandwich recipe could help put them on the road to college. Now through November 8, 2013, the makers of Jif® Peanut Butter invite families to ignite their culinary creativity in the kitchen and create an original sandwich recipe for the 12th Annual Jif Most Creative Sandwich Contest™. Parents of children between ages 6 and 12 are able to submit their child’s original recipe for a chance to win a $25,000 college fund and a trip to New York City.
To view Multimedia News Release, go to http://www.multivu.com/mnr/61863-jif-peanut-butter-annual-most-creative-sandwich-contest-scholarship-prize
http://igg.me/at/hiddenblade Help fund the creation of the Hidden Blade from the Assassin\\\'s Creed game. Our Indiegogo campaign is here: http://igg.me/at/hiddenblade
QROPS - Qualifying Recognised Overseas Pension Schemes were introduced in 2006 as part of a major overhaul of Britain\'s pension framework, aimed at simplifying pension transfers to another country. New legislation was passed by the UK tax authority, HM Revenue and Customs (HMRC), in order to comply with an EU directive that pensions be free to move across Europe\'s borders. This ruling means that individuals, wishing to retire to countries such as France, Spain and Portugal can effectively take their UK pension funds with them: http://www.axis-finance.com/what-are-qrops.php
Who can apply for a QROPS?
A QROPS is specifically designed to allow anyone, not intending to retire in the UK, to transfer existing and frozen UK pension plans into a more appropriate retirement vehicle.
Individuals who are, or have been members of a UK registered pension fund and are currently living outside of the UK, or intending to leave the UK on a permanent basis, can consider transferring their retirement fund into a QROPS: http://www.axis-finance.com/qrops-living-in-France
Transfers to QROPS
The UK Government allows transfers to QROPS to be made free of UK tax. Their aim is to simplify the affairs of individuals leaving the UK on a permanent basis and to encourage them to continue saving in order to provide an income when they retire. There is no official limit to the amount of funds that may be transferred to a QROPS: http://www.axis-finance.com/qrops-France-pension-transfers
QROPS - HMRC Rules
What makes a scheme a QROPS?
In order to transfer your UK pension into a QROPS, it is necessary for the overseas pension scheme to be accepted by HMRC. The criteria outlined by HMRC for an overseas scheme to qualify as a QROPS include:
- The pension scheme must be established outside of the UK
- It must be recognised for tax purposes in the country where it is located
- It must be regulated in the country in which it is established
Age that benefits can be taken from a QROPS
The QROPS regime mirrors that of a regulated pension scheme in the UK. Benefits, including lump sum payments, from the transferred funds may not be distributed earlier than the normal retirement age of 55, if an individual has been a non-UK resident for less than five complete tax years: http://www.axis-finance.com/qrops-living-in-France-HMRC-Rules
QROPS Reporting requirements
HMRC should be notified if a payment is made within the first five tax years of a member becoming non-UK tax resident. Any benefits paid before five complete tax years of non-UK residency and not in accordance with UK Pension rules will be deemed an unauthorised payment.
The scheme manager does not have to notify HMRC if the payment is made 10 or more years after the day of the transfer that created the QROPS fund for the \'relevant member\', provided that the person is non UK resident for the duration of this period. This 10 year \'bracket\' for reporting payments took effect as of 6 April 2012.
QROPS List
When transferring your UK pension to a scheme overseas, it is important to check that the scheme meets the conditions to be a qualifying recognised overseas pension scheme (QROPS). Not all transfers to overseas or offshore schemes are QROPS transfers; it is therefore essential to verify that the scheme receiving your UK benefits is on the QROPS list published by HMRC, otherwise a transfer will be treated as a transfer to a non-qualifying overseas scheme and substantial penalties may be applied by HMRC at the time of transfer: http://www.axis-finance.com/qrops-list-living-in-France
How do I know if it is a legitimate QROPS scheme?
QROPS approved plans that agree to have their details published are listed on the HMRC website. A UK Pension administrator will confirm a QROPS listing before agreeing to a transfer. If not listed, the administrator will contact HMRC
Jif®, the number one choice of choosy moms, announced today that 9-year-old Jacob C. from Morganton, NC is the Grand Prize Winner of the 11th Annual Jif Most Creative Sandwich Contest™ at an event in New York City. The aspiring chef received a $25,000 college fund for his one-of-a-kind recipe, the Magnificent Mole Chicken Torta, while four runners-up each received a $2,500 college scholarship fund for their delicious sandwich recipes.
To view Multimedia News Release, go to http://www.multivu.com/players/English/56452-jif-most-creative
World Water Day is March 22, and the children and youth of Children International are celebrating around the world. They know firsthand the difference clean, accessible water can make in their lives.
Some of them also know what it feels like to make clean water available to others. In 2012, the youth of Children International in Lusaka, Zambia, dedicated their Youth Empowerment Fund to extend the supply of clean, piped water to the poor community of Chibolya.
To view Multimedia News Release, go to http://www.multivu.com/mnr/57995-children-international-world-water-day
Sir Richard Branson, Archbishop Desmond Tutu, John Paul DeJoria, Founder of Paul Mitchell, bestselling authors and speakers Jack Canfield, Gregg Braden and Barbara Marx Hubbard; three-time Nobel nominated Dr. Scilla Elworthy; philanthropist James Caan; former financial fund manager Alison Pothier; drug-addicted armed robber-turned-social entrepreneur Brett Moran; 12-year-old natural food advocate Birke Baehr and Harry Massey, Health technology inventor. What do all these visionaries have in common?
To view Multimedia News Release, go to http://www.multivu.com/mnr/58713-branson-choice-point-new-movie
Because one in eight people around the world face food insecurity each day, Kellogg Company and its foundation, the Kellogg’s Corporate Citizenship Fund, pledged today to provide one-half billion servings of breakfast to children and families who need it most, through its new Breakfasts for Better Days™ initiative. In total, the company will donate 1 billion servings of cereal and snacks in its support of global hunger relief by the end of 2016.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60421-kellogg-corporate-citizenship-fund-breakfast-for-better-days-hunger-relief
In the wake of recent tragedy, the Newtown community came together to show the nation the true meaning of “Newtown strong.” It was inspiring to see such overwhelming support for a small, quiet town in the face of such extreme adversity.
The Strides for Sandy Hook 5k memorial run/walk was created as a way for local residents to continue the healing process. The 5k took place on Saturday, January 19, 2013. The unofficial community run honored the lives of victims lost in the December 14, 2012 tragedy. While there was a suggested donation of $25 for participants, any amount was accepted—no matter how big or small. Strides for Sandy Hook attracted nearly 200 walkers and runners and raised over $3,600 on January 19 alone. All donations and proceeds were given towards a memorial fund established by Newtown Parks and Recreation, the Newtown Park Gift Fund.
To view Multimedia News Release, go to http://www.multivu.com/pages/59886-strides-for-sandy-hook-5k-memorial-run-newtown-ct
Samruk-Kazyna increases the potential for cooperation in the implementation of investment projects in the petrochemical, hydro and thermal power, renewable and alternative energy, engineering, pharmacy.
Kazakhstan Sovereign Wealth Fund Samruk-Kazyna was established to improve the competitiveness of the national economy and prevent the negative impact of the world markets on the economic growth in the country. The main instrument to achieve these goals – diversification and innovative development of the national economy.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58682-kazakhstan-wealth-fund-expands-horizons
