To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters
DB and DC assets (%)Chart MakerIn the Netherlands, the proportion of DC assets remained at 6%, the same as in the 2017 report. DC assets in the UK decreased from 19% to 18% last year, largely as a result of a recalculation by the country’s Office for National Statistics.Total assetsDC capital grew by 7.6% a year on average over the past 20 years, while DB assets averaged just 3.2% a year.Combined pension assets of the world’s 22 largest markets dropped 3.3% to €35.6trn last year, the report said.Dutch assets fell from €1.42trn to €1.35trn, while the UK’s combined assets declined from €3.11trn to €2.53trn.Although Dutch pension assets as a proportion of GDP fell from 193.8% to 167%, this was still the highest ratio of the 22 surveyed countries.The UK saw its pension assets relative to GDP decrease from 121.3% to 101.7% last year, while Switzerland’s ratio was 126%.At €21.9trn, the US was the largest of the surveyed pension markets.Asset allocationThe study also showed that the Netherlands, the UK and Japan had an above-average allocation to bonds.Dutch and UK fixed income investments amounted to 54% and 53% of assets, respectively, while Japan’s bond allocation was 60%.Swiss pension funds had the highest exposure to alternatives, with 31%.Top seven markets’ averageasset allocation (%)Chart MakerCommenting the study results last year, Jacco Heemskerk, Willis Towers Watson’s head of investment in the Netherlands, argued that the conservative investment policy of Dutch pensions funds was eroding the purchasing power of their participants. Defined contribution (DC) pension funds have more assets than defined benefit (DB) funds across the world’s seven biggest pension markets, according to Willis Towers Watson’s Thinking Ahead Institute.The institute’s Global Pension Assets Study analysed data from 22 of the largest pension markets. The top seven – Australia, Canada, Japan, the Netherlands, Switzerland, the UK and the US – accounted for 91% of assets covered by the report.Across those seven countries, DC assets were estimated to be “slightly over 50%” of total pension assets, the Thinking Ahead Institute reported – although this was primarily as a result of the dominance of DC in the US, the world’s biggest pension market by assets.Australia and the US were predominantly DC markets, but Japan and Canada were “showing an increasing allocation towards DC”, the institute said.
Game 2 is at 7:30 p.m. Wednesday at Staples Center.What Rivers said may be true. The bottom line is, the Clippers came up with one of their most impressive victories of the season. When their 18-point lead was cut to nine with less than eight minutes to play, many probably figured the Spurs would get even closer.They never did. The Clippers came out of a timeout and went on a 7-0 run, eventually leading by as many as 20 points.Yet, Rivers wouldn’t say it was his team’s best effort of the season. “I really don’t think so,” he said. “I kind of said it after the game last night that I liked that we won the game. But I felt frustrated during the game, a lot, with the way we were playing. I thought we were playing hard and that might have been the hardest we’ve played. “But we can be a smarter basketball team for sure on both ends. We missed a lot of shots, but so did they and I think that theirs are the ones that probably frustrated me the most because some of them — they were just really good missed shots — but some of them we just broke our coverage under the disguise of playing hard. We have that saying — hard and smart is better than just hard.”The Spurs shot just 36.6 percent, and while some of that was solid defense, some of it was shots that went in-and-out.“I think we can play better,” Rivers said. “I think we’re going to have to, if you want to be honest. We can’t count on the missing wide-open 3s.”Monitoring minutesThere has been a lot of talk about the Clippers not having the best of benches outside of sixth man Jamal Crawford. The shooting guard scored 17 points Sunday, but only two other reserves scored for a combined five points.Among the starting five, Blake Griffin played nearly 43 minutes, DeAndre Jordan more than 38 and Chris Paul just under 38. The Spurs, with 43 points from six reserves, got a team-high 33 minutes from starting forward Kawhi Leonard.Rivers was queried as to whether he is concerned about his starters becoming fatigued if this is a long series.“No, we’ve been doing it all year,” Rivers said. “It’s not like it’s the one time. In the playoffs, you get days off. It’s nothing like the regular season. I mean, we get two days off on this one and it’s every other day, so I don’t think minutes are going to be a concern at all.”Griffin averaged 35.2 minutes during the season, Paul 34.8 and Jordan 34.4.Crawford smiling bigCrawford couldn’t stop smiling in the locker room after Sunday’s victory. He shot 7 of 10 from the field — 3 of 4 from 3-point range. That’s an enormous improvement from the 10-for-36 (27.7 percent) shooting clip he had put up in the final four regular-season games after missing the previous 17 with a calf injury.“Me and Chris (Paul) talk about it all the time,” Crawford said. “We’re consumed in basketball every single day of our lives. To be out five weeks and not be able to do anything but watch, I mean, you can take some good things from it.“But it was more bad than good for me because you want to be out there so bad and help your team and just be part of the guys. … The injury is one thing, then coming back and conditioning and trying to get a rhythm, all that stuff sucks. But you’ve go to go through the process sometimes.” The Grand Prix of Long Beach was contested Sunday, but Clippers coach Doc Rivers on Monday threw out his own yellow caution flag.One day after his team walloped the defending NBA champion San Antonio Spurs 107-92 in Game 1 of their Western Conference first-round playoff series, Rivers was pumping the brakes.“We can’t get intoxicated with one won game,” Rivers said. “We do, we’re in trouble. And the point is that no matter what happens, you’re playing a team that’s won multiple titles.“There’s nothing you can do to shake their confidence and you’re just going to have to keep playing. If you come in thinking something different, then it’ll be a long night.” Newsroom GuidelinesNews TipsContact UsReport an Error
Ireland have won the Women’s RBS 6 Nations championship after hammering Scotland in at Broadwood Stadium.Nora StapletonAnd Donegal stars Larissa Muldoon and Nora Stapleton played their part in the victory.Ireland ran in eleven tries against a Scottish side that could not deal with their power and technique. Alison Miller scored a hat-trick of fantastic tries, and there were also five-pointers for captain Niamh Briggs, who opened Ireland’s account, Claire Molloy, Heather O’Brien, Gillian Bourke, Paula Fitzpatrick, Sophie Spence, Tania Rosser and Jenny Murphy.With France having beaten England by six points last night, Ireland went into the game knowing that a 27-point winning margin would secure not only the Triple Crown but the overall title, and they easily achieved that.The result completes a remarkable first, as Ireland’s women join their male counterparts in taking the Six Nations title.It is the second time Ireland Women have won the title, after their grand slam success in 2013. DONEGAL RUGBY STARS MULDOON AND STAPLETON STAR AS IRELAND WIN SIX NATIONS was last modified: March 22nd, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Larissa MuldoonNora StapletonRUGBYSIX NATIONS