Wednesday, April 4, 2012

LV= retirement and pension business sales continue to increase

By Adam Cadle

LV= has experienced a 14 per cent growth in retirement business, as sales figures grew from ?100.3m in 2010 to ?114.3 at the end of 2011.

The company?s protection business saw a growth of 18 per cent with APE of ?28m for 2011, in comparison to sales of ?23.7m in 2010.

Annuities and pensions saw increases in sales of 20 per cent and 12 per cent, respectively, for last year.

LV= life and pensions managing director Richard Rowney said: ?2011 was another very successful year for LV=?s life and pensions business, despite a challenging economic backdrop and the preparations we?ve needed to make for significant regulatory changes.

?We have continued to deliver on what advisors and customers tell us they want, which has enables us to increase sales and gain market share across our retirement and protection business.?

Home ??? More News

Other stories you may find of interest:

Investors shun cash and fixed interest for overseas equities in 2010
UK investors moved into overseas equities, particularly in emerging markets, and out of cash and UK fixed interest during 2010, according to the latest findings from Skandia?s Investment Trends study

Standard Life pension sales fall
Standard Life plc has recorded an eleven per cent decrease in pension sales for the year 2008. The group has also said its UK life and pensions sales of ?12.2bn were nine per cent lower than 2007, with the fourth quarter seeing sales of 25 per cent less than 2007

Bond sales surpass equities in May
New statistics from the Investment Management Association (IMA) show net retail sales of UK domiciled funds reached ?1.1 billion in May, with bonds surpassing equities as the leading asset class

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What is the Normal Price Range for Condominiums in Singapore

There are many properties that Singapore offers which range from houses, commercial places, industrial places, condominiums and apartments. Since this city has a lot to offer, there are prices that comes along with it depending on the property value. These Singapore property prices?would differ and for condominiums. Here are some of the price range you would choose from and their equivalent condo unit size:1. $700,000 ? $1,000,000 price range. This first set of ?price range are prices for condo units with build up sizes ranging from 600 sq. ft. to 1000 sq. ft. This usually covers studio units up to single bedroom unit. This is ideal for single men, women and small families.2. $1,000,001 ? $2,500,000 price range. This second set of price range are prices for condo units with build up sizes from 1000 sq. ft. up to 2,000 sq.ft. This usually covers single bedroom unit up to two bedroom unit which is highly ideal for families big and small. 3. $2,600,000 and above price range. This third set of price range are for the condo units which are very much expensive and this condo units may have some amenities and features that other condos don?t have. This usually covers large areas. This would really depend on the developer. These are just some of the price ranges for condos in Singapore. You can check for various sources online or if not you can directly check the condo developer?s website. You don?t have to worry about the price, it is pretty expensive but you won?t regret this decision.

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Yahoo slashes 14 percent of its workforce

By msnbc.com staff and news wires

In a long-anticipated move, struggling Internet giant Yahoo said Wednesday that it would be cutting 2,000 jobs, or about 14? percent, of its workforce.??

The move is part of a major restructuring of the company, Yahoo said in a statement. The cuts announced Wednesday represent 14 percent of the 14,100 workers employed by Yahoo, which is based in Sunnyvale, Calif.

"Today, the company will begin the process of informing employees about these changes. As part of that effort, approximately 2,000 people will be notified of job elimination or phased transition," the statement said.

The company declined to comment on severance details.

"Today's actions are an important next step toward a bold, new Yahoo! ? smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require. We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose ? putting our users and advertisers first ? and we are moving aggressively to achieve that goal," said

Scott Thompson , CEO of Yahoo.

The layoffs come as Yahoo's revenue declines amid competition from Web rivals Google Inc and Facebook, and as the company fights a proxy battle with hedge fund manager Daniel Loeb.

Loeb, who runs Third Point, is seeking to appoint four new directors to Yahoo's board. Third Point, with a 5.8 percent stake in Yahoo, is the company's largest shareholder.

Reuters and The Associated Press contributed to this report.

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Quick guide to City Hotel London ? Article Directory from Transfer Kilat

City hotel in London is located in the centre of the city, ideal for people who want to enjoy true London
People come to London with varied purposes. Most people think that London is only a tourist spot, albeit of course the best in the world and one can only come here to enjoy and have a good time. However, London is one of the leading business centres of the world and some of the biggest financial centres of the world are located here. These financial and business centres control a major portion of the economy of the world.
Hence, it would not be wrong to say that a lot of people come to London on business trips and for work. These people frequently come to London because of their work engagements and they need to stay in a specific part of London, that is, Central London in order to do their work efficiently. Central London is the place where most business and financial centres of London are located and hence it is the most important for people who come here on work.

Staying in central London is beneficial for such people because they can save time in commute and get work done quickly and efficiently. Thus, hotels in central London are the most favourable for them. For other people too, who come to London on a holiday, Central London is an ideal place because this is where London is most happening. The markets, the cafes and everything else is at their enthralling best in central London.
City Hotel in London is one of the best choices to stay in London when the area of your choice is central London. City Hotel has been in London since 1997 and since then has been giving its guests premium service in its premises. Its location is its biggest asset as it is close to the major sightseeing, business, financial and shopping areas of London such as Westminster, the Tower of London, Docklands, Canary Wharf, the London Bridge and St. Paul?s Cathedral.

You can walk over to most of them and save yourself from wasting precious time in cabs stuck in traffic. Although London provides excellent connectivity through a network of tubes, there is nothing like living in the heart of London and experiencing it every minute, up close and personal.
City Hotel is a budget hotel thus you can live right in the centre of the city without burning a hole in your pocket. The accommodation is conventional, with rooms that offer single and double occupancy and excellent amenities and services to keep you comfortable in London. You can also park your car here, for any duration that you want by paying extra charges to the hotel. With this service, you can be well assured that your car is safe in London and well looked for. This is a great service to people who make frequent trips to different places from London and need places to park their cars when they are away. This is an excellent service for frequent flier business travellers. You can use their business spaces for your meetings and conferences and any other event you want to hold related to your company.

You can rely on the hotel to provide you all that you need for the event. Thus, City Hotel London is the best choice for you when you go to London, for work or for pleasure.

To know more about City Hotels London, check out http://www.montcalm.co.uk

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How Do Company Executives Uncover The Most Beneficial San ...

In the country of USA there are many corporate occasions which are organized each day advert this delivers inside a big crowd no matter whether it is a little business or a huge one. Such as this atlanta team building, dallas team building, seattle team building events and los angeles team building are a single on the well-known occasions that occur in the nation and they?re really famous to bring in a team of persons as a seattle team building. The corporate team building event assists in strengthening the group as being a device and assists them in a lot of other activities within the corporation. The events arranged help them to build an comprehending among their selves as well as the worry of tension catching up with them just runs off. The require for such occasions arises due to the fact organizations are positioned below big strain and to launch all this tension the company go in for team building occasions which make them arrive with each other as a household to deal with all of the difficulties in the organization. This may very easily satisfy lots of folks inside the business and leave them sensation content in a lot of techniques; therefore the occasions might be a success at all times. Providers really feel they must have the right venues rather than in the outskirts of some other metropolis for the reason that it makes it difficult for people to travel, for that reason they go on the web to find the most beneficial venue for this event. Online people can come across lots of web sites which give an incredibly fairly watch within the many places that may be selected for this event. Numerous company go for that assistance in the firm and this may certainly make them need to possess a large amount of people today at the gathering simply because it truly is a team constructing occasion. Clubs are the first choice for businesses as this is the very best location for them to possess a fun time as well as the occasion can continue then.

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Unified Communications integrates small business processes ...

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Unified Communications integrates small business processes

Article by Adom Brown

Unified communication fulfills the future demands of efficient communications for small to medium size businesses that is to integrate various processes and operate from a single platform. Unified Communications (UC) is one such revolutionary technology which has the capability for integration of a wide array of real-time such as calls and video conferencing non-real-time communication services such as Instant Messaging (IM), presence information, telephony including the IP telephony, call control, speech recognition and data sharing. It integrates the business process solutions as voice calls, messaging, e-mail, SMS and fax over a unified platform to get real-time and non-real time collaboration with different media. Hence UC operates over voice, video, text and work for optimization of your business process.The Hosted PBX systems offer UC as an added feature to its clients which not only improves business image but also helps to get an organized environment at your office place. A basic definition of Unified Communication is ?Communications integrated to optimize your business process? with features listed below:

? Easy call management: Businesses communication cost drops down drastically due to seamless integration.

? Unified mailbox: It allows your business units to access e-mail, fax, SMS, IM; also there is a collaboration of real-time like calls and non-real time business communication like voicemail, messages processes.

? Single Access Point: using hosted PBX a single point is established through which the clients can reach service providers either through voice calls, e-mail and fax.

? Multimedia services: video, text and voice are transmitted over an integrated platform. The unified communication provides high speed of response and thus the delay would be reduced.

Hosted PBX systems offer advanced features in the form of Unified Communication to your small and medium size businesses which ensures you with a seamless integration of multimedia services of voice, video and text over a unified platform that does optimize your business process to a great extent and you get access either through voice calling, e-mail, fax and messaging, voicemail.

Unified communications can be divided into two major types of solutions and applications:

? UC-User Productivity or UC-U: Unified Communications tools that users adopt to improve their experience or results. UC-U is mostly aimed at users, designed so that they can access data, programs, messages, emails, video conferencing quickly and saves time. It also avoids installation or technical troubles, collaborate with other users, or any other way that the user experience can benefit. These services and applications are designed to improve one?s personal productivity, rather than affect the entire company.

? UC-Business Processes or UC-B: UC-B is targeted at businesses themselves, rather than the individual. UC-B solutions and applications are made to improve Business Process Integration or CEBP, improve customer satisfaction, or enhance business processes. These are aimed with the enterprise?s bottom line in mind, rather than individual employees. These services and applications are designed to improve company?s profit.

Unified Communication benefits:

? Single service provider will provide you all the required services. You can make yourself reachable to others through just a single number.

? Simplified interactions with customers through single number access to people with minimum resources

? Higher availability of associates using features such as find-me/follow-me and voicemail services

? Higher speed and better execution with enhanced access to clients and colleagues thus improving business productivity

? Better efficiency from enhanced communications capability

About the Author

Technology specialist at therealpbx.com ?Adom Brown? is a specialist in small business PBX systems. The Real PBX is a pioneer in providing Hosted PBX Systems that deliver business class voice quality, real time customer assistance, scalable office Business Phone system office Business Phone system and more. Their enterprise class PBX VoIP services include top notch features like Unified Communication.Their IP PBX Systems deliver business class voice quality, real time customer assistance, scalable office etc.

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No lead is safe at the Masters

Rory McIlroy, of Northern Ireland, watches his shot from the first fairway during a practice round for the Masters golf tournament Tuesday, April 3, 2012, in Augusta, Ga. (AP Photo/Charlie Riedel)

Rory McIlroy, of Northern Ireland, watches his shot from the first fairway during a practice round for the Masters golf tournament Tuesday, April 3, 2012, in Augusta, Ga. (AP Photo/Charlie Riedel)

Spectators take photos of Rory McIlroy, of Northern Ireland, after his tee shot on the seventh hole during a practice round for the Masters golf tournament Tuesday, April 3, 2012, in Augusta, Ga. (AP Photo/Charlie Riedel)

Rory McIlroy, of Northern Ireland, watches his shot on the driving range before his practice round for the Masters golf tournament Tuesday, April 3, 2012, in Augusta, Ga. (AP Photo/Charlie Riedel)

Tiger Woods hits on the ninth fairway during a practice round for the Masters golf tournament Tuesday, April 3, 2012, in Augusta, Ga. (AP Photo/Darron Cummings)

Tiger Woods, right, walks with Sean O'Hair to the sixth tee during a practice round for the Masters golf tournament Tuesday, April 3, 2012, in Augusta, Ga. At left is Fred Couples. (AP Photo/Darron Cummings)

(AP) ? The seven shots Rory McIlroy took on the 10th hole last year at the Masters remain a blur.

So was the rest of his final round at Augusta National, where the 22-year-old from Northern Ireland made the wrong kind of history. He started with a four-shot lead. He finished 10 shots behind after an 80, the highest closing round by a 54-hole leader in 56 years.

If nothing else, it was a reminder how tenuous a lead can be in the final round.

Especially at the Masters.

"It's a course that makes you really nervous," Geoff Ogilvy said.

There is an art to playing Augusta, which explains why nearly 40 percent of the Masters have been won by eight players. For those seeking their first green jacket, let alone their first major, finishing it off can be a challenge.

Greg Norman lost a record six-shot lead in 1996. Ed Sneed had a five-shot lead in 1979, and was still three shots clear with three holes remaining when he made three straight bogeys and lost in a playoff. Ken Venturi was on the verge of becoming the only amateur to win the Masters in 1956 when he blew a four-shot lead. Like McIlroy, he shot an 80.

McIlroy's blown lead is enough of a memory going into the Masters. Adding to the emphasis is a bad habit of 54-hole leaders failing to win this year on the PGA Tour.

Kyle Stanley had a three-shot lead playing the final hole at Torrey Pines when he spun a wedge into the water and three-putted for a triple bogey, losing to Brandt Snedeker in a playoff. A week later, Spencer Levin had a six-shot lead in the Phoenix Open when his game imploded on the back nine. He shot 75 and Stanley ? of all people ? rallied from eight shots behind to beat him.

Charlie Wi lost a three-shot lead at Pebble Beach and Phil Mickelson won with a 64. The next week at Riviera, Mickelson and Keegan Bradley shared the 54-hole lead and both wound up losing to Bill Haas in a playoff.

In 14 stroke-play events on the PGA Tour, only five players have gone on to win with at least a share of the third-round lead. With that kind of history, protecting a lead is not easy.

"Not even close to easy, as we've seen," Nick Faldo said.

He should know. Faldo is the only player with multiple Masters wins who has never had the lead going into the last day. Along with his win over Norman in 1996, he came from five shots down in 1989 and three shots behind in 1990, both times winning in a playoff.

"That's the beauty of the Masters," Faldo said. "We come back every year, all those stories are compounded, from victory and failure. That's what makes it so special. The players will be reminded of it. Anything more than three or four shots, and you're making assumptions. If you were to carry a decent lead into Sunday, you'd need a steel-trap mind to survive."

That was never a problem for Tiger Woods. He was either leading or tied going into the final round in all four of his Masters wins ? along with his other 10 majors.

Woods never saw it as a burden, though.

"The beauty of having a lead is that you can make those mistakes and still win," Woods said. "But the only problem is if some guys make a run and they get some momentum going, and you're going the other way, you give them a big shot of energy. You've seen some of these guys pull off some pretty low rounds. It doesn't take much. If you get off to a poor start and the other guy gets off to a quick start, four or five shots can be made up in a few holes."

That's how it was for Woods last year, but only for half of his round. He made up a seven-shot deficit in nine holes, going out in 31 with a birdie-birdie-eagle stretch on the front nine as McIlroy stalled. Woods wasn't alone, of course. Charl Schwartzel started his round with a chip across the green for an improbable birdie, and holing a wedge from the third fairway for eagle.

Three holes into the final round, McIlroy's lead already was gone.

Jack Nicklaus never coughed up the lead going into the last round at a major, although twice he failed to win when he was tied ? at Turnberry in his epic duel with Tom Watson in 1977, and at Augusta when Charles Coody beat him in 1971.

Even so, he remains annoyed at a blown opportunity in the '77 Masters, when he was tied with Watson and in the group right in front of his newest rival. He had 156 yards to the pin when he heard a big roar from behind ? Watson made birdie.

"I changed my thought pattern, and I shouldn't have," Nicklaus said. "I had a 6-iron in my hand, planning to play it by the hole to the right and have that 15-foot putt right of the hole to win the golf tournament. I tried to stuff it in, hit it fat, hit in the bunker and let Watson play the last hole any way he wanted, which was really stupid.

"I mean, here I am, 37 years old, and I still make a dumb mistake like that," said Nicklaus, who made bogey and lost by two when Watson took par on the 18th. "It's one of the few that I can turn around and kick myself for what I did."

Stuart Appleby's demise at the Masters began early in 2007. He had a comfortable lead until taking a triple bogey on the 17th hole of the third round. With a one-shot lead over Woods on Sunday, he started with a tee shot into the trees for a double bogey. Appleby rallied to rejoin the lead until a 7-iron into the water on the 12th. Woods wasn't much better, and Zach Johnson wound up winning.

"It's not 18 holes of golf, it's 18 holes of emotion," Appleby said. "If you can keep your emotions in check at a high level, you will be a world-class player. When you see a player struggling to finish, it's purely not keeping your emotions in check."

McIlroy was that kind of player last year. When he looked back on tape, he noticed that he was looking at the ground, not walking with his head up and that boyish bounce in his step. He believes now he wasn't ready to win a major.

Boy Wonder atoned for that quickly. Two months later, he became a major champion with a record win at the U.S. Open.

Perhaps it was only appropriate that of all the text messages and phone calls of support in the days after the Masters, the most meaningful was a call from Norman.

"It was great coming from him, because I'm sure he knew how I felt," McIlroy said. "He said a couple things to me that I found very useful and put into practice, especially weeks like this where there's so much hype and there's so much buildup. I've said this before, but create this little bubble around yourself and just try and get into that and don't let any of the outside interference come into that."

Associated Press

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