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Local government delegates to boost winter business in Marlborough

Prime Minister Jacinda Ardern, National Party leader Judith Collins, and Local Government Minister Nanaia Mahuta will be at the event.
Air New Zealand’s head of tourism and regional affairs Reuben Levermore said Marlborough had established both the facilities and track record to compete successfully.
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The three waters reforms will be high on the agenda at the Local Government New Zealand Conference.
“We have a close working relationship with Destination Marlborough which helps give confidence to event organisers,” Levermore said.
Marlborough Airport chief executive Dean Heiford said it allowed Marlborough Tour Company to set up a welcome desk at the airport to help organise people when they arrive. ....

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Revisiting RSS Feeds

Not too long ago, using an RSS (Really Simple Syndication or RDF Site Summary) reader is the most popular way to consolidate all the blog posts and news sites that you follow or subscribe to. An RSS reader allows you to quickly get the latest and greatest articles, sometimes the moment it gets published. Whilst RSS is still very much alive and present (did you know that that podcast you subscribed to uses RSS?), its use has been eclipsed by the social network feed. Whilst your social network feed is somehow influenced by who you follow (what they write and share), but chances are, it is controlled predominantly by an algorithm code that selects what you see, optimized for whatever parameters the social network sets it to. ....

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Willis Towers Watson advises on CA$1.8 billion annuity transaction involving Sun Life, iA Financial Group and Brookfield Annuity

TORONTO, April 7, 2021 /CNW/ - Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, in collaboration with Sun Life, iA Financial Group and Brookfield Annuity, today announced a group annuity buy-out transaction of CA$1.8 billion for over 6,000 members of the General Motors of Canada Company salaried pension plan who retired prior to June 1, 2020.
Marco Dickner, Retirement Risk Management Leader, Canada, at Willis Towers Watson, said This deal is ground-breaking because it demonstrates that Canadian insurers can now effectively meet plan sponsors needs for jumbo transactions, a milestone in the evolution of pension risk transfers in Canada.
Brent Simmons, Head of Defined Benefit Solutions at Sun Life, added We ve finally cracked the CA$1 billion mark for a single insurer in a single day with Sun Life s CA$1.1B share of the deal. ....

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GM Canada transferring $1.8B in pension liabilities via group annuity buyout

Staff
General Motors of Canada Co. is transferring the longevity risk for $1.8 billion in pension plan liabilities through a group annuity buyout.
Jennifer Wright, director of communications at GM Canada, said in a statement that the automaker has been taking steps to reduce risk and strengthen its retirement plans with a view to protecting the pension benefits of members. “Moving these retired members to insurance companies helps to support the protection the pension benefits of these retirees into the future, while remaining members continue to enjoy a well-funded plan.”
The transaction was conducted by Willis Towers Watson and pertains to more than 6,000 members of the GM Canada salaried pension plan who retired prior to June 1, 2020. Brookfield Annuity Co., iA Financial Group and Sun Life Financial Inc. are each responsible for $100 million, $600 million and $1.1 billion, respectively. It’s the largest in-kind transfer in Canadian history, according to a pre ....

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Memphis homes experience leaking roofs after winter snow

Memphis homes experience leaking roofs after winter snow
localmemphis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localmemphis.com Daily Mail and Mail on Sunday newspapers.

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