Brits think investing is for the super-rich, poll finds
Brits think investing is strictly reserved for the super-rich - with 45 per cent not getting involved themselves. A poll of 2,000 adults found 38 per cent associate it with city bankers, while 21 per cent think it’s the domain of older adults. And 47 per cent admit they’re daunted by the prospect of getting started - with four in 10 not having a clue where or how to begin. A third (32 per cent) also didn’t start taking any active interest in their pension until they were 36 or older. Liz Fernando, chief investment officer for Nest pensions, which commissioned the research, said: “Pensions are a great way to invest your money and watch it grow over time, in the background while you work. “It’s evident that there’s a lot of work to do to demystify perceptions surrounding who can enter the world of investment – it really can be for everyone.” The results also found 49 per cent think the general perception of investing being primarily for the wealthy acts as a barrier for other people who would otherwise want to invest. As almost three-quarters (73 per cent) feel these opportunities should be accessible for people from all income levels. Among the three groups which Brits feel are most underrepresented when it comes to investing are the working classes (46 per cent), young people (34 per cent) and ethnic minorities (29 per cent). For nearly eight in 10 (78 per cent), the fear of losing money makes the idea of investment off-putting. While lack of investing knowledge (52 per cent), uncertainty about the economy (51 per cent) and not knowing where to begin (38 per cent) are among the top fears. But 64 per cent believe more people would be likely to invest – if they could see where exactly their money is going. A third would describe their investing knowledge as ‘bad’ - while 53 per cent feel clear and transparent information about investment options would help ease their concerns. Simpler investment platforms or tools would feel most beneficial for 49 per cent of those polled via OnePoll. And when it comes to pensions, profitability is sought-after for 58 per cent. While investing in sustainable businesses is vital for 29 per cent. More than four in 10 (42 per cent) are connected to their pension through an employment plan – while 15 per cent contribute through a private plan. Liz Fernando for Nest pensions added:” We know your pension pot can be one of the most valuable ways to help secure your future retirement, and it’s right you know where it’s being invested - especially when you’re saving into it for decades”. “We don’t know how the world of finance will look in years to come, but we do know your future self should be grateful that you are adding to your pot.” Read More Four in ten Brits ignore potentially serious eye problems, study finds The exact time Brits find themselves ‘uncontrollably hungry’ revealed Sounds that can help you fall asleep better Exact time Brits find themselves ‘uncontrollably hungry’ revealed Top 10 acts which make people feel more positive Brits feel their mental health declining due to cost of living crisis
2023-10-02 22:27
Woman who fatally shoved 87-year-old vocal coach to the ground in New York sentenced to 8 1/2 years in prison
The woman who fatally shoved an 87-year-old Broadway vocal coach in New York was sentenced to 8 1/2 years in prison and five years post-release supervision, a spokeswoman for the Manhattan District Attorney's Office confirmed to CNN.
2023-10-02 21:51
Darren Blair: Family seeks answers over man's death in Vietnam
Darren Blair's family say they have been told multiple stories about how he died.
2023-10-02 21:49
US Supreme Court rebuffs long-shot candidate's bid to disqualify Trump in 2024
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday turned away a case involving whether former President Donald
2023-10-02 21:49
5 breakout fantasy football stars to pick up for Week 5
A potential RB1 in Denver and more excellent work from C.J. Stroud rate them among the top fantasy football pickups for Week 5.
2023-10-02 21:48
Grizzly bear kills couple and their dog in Canada
Experts say more people outdoors is leading to more human-bear encounters.
2023-10-02 21:19
Lamine Yamal signs new Barcelona contract with €1bn release clause
Barcelona have announced that talented youngster Lamine Yamal has signed a new contract with the club running until 2026.
2023-10-02 20:55
The Premier League now faces a credibility ‘crisis’ – and latest VAR farce is just the tip
By Saturday evening, as has become protocol but also a frustrating norm, Howard Webb felt he had no choice but to apologise to Liverpool for the Luis Diaz decision. Jurgen Klopp might well repeat the question as to who that actually helps, but a failure to communicate such a sentiment would have made it worse. That’s partly because it is actually a failure of communication that is at the core of the controversy, which now poses a genuine credibility crisis for the Premier League. "It's an image problem," as one involved figure put it, with Liverpool themselves describing the situation as “unacceptable” in an unprecedented statement. Because, for all the focus on the nature of VAR, this is an issue that really comes down to basic human error. The details at the root of the story, though, are remarkable. If we are to take the referees’ body Professional Game Match Officials Limited (PGMOL)’s explanation at face value – that this represented a “momentary lapse in concentration” – the VAR didn’t actually know what it was supposed to be looking at. Darren England and Dan Cook thought they were checking whether a goal should stand, rather than an offside call as referee Simon Hooper ruled, which was partly why the decision was made so quickly. It ended up creating the farcical situation that a communication of “check complete” led to a fair strike being wrongly disallowed in a completely preventable fashion. After that, how was it that play was allowed to proceed, given those involved would have had immediate knowledge that this was wrong? The IFAB rules dictate that play cannot be called back once it has resumed, but was no one watching in the meantime? Would hasty shouts not have been made as soon as they saw Spurs shaping to take the free kick? It has since emerged that the VAR and fourth official team of England, Cook and Michael Oliver were officiating a game in the UAE Pro League as late as Thursday evening, which has raised fair questions within the game over fatigue was a potential explanation for that “momentary lapse in concentration”. Whatever the reason, it has created a credibility crisis, to go with much wider-reaching controversies like the unresolved Financial Fair Play cases involving Manchester City and Everton. That is all the worse for the Premier League since this is an issue the competition prides itself on and is seen as a significant factor in its status as the most popular league in the world. Fans could trust what they were seeing. Instead, this latest controversy also comes on the back of a long-term and increasing hostility and suspicion of VAR from a significant part of football's support. It was for this reason that Webb was recently brought in as PGMOL chief in the first place, and many within the game say he has been gradually realising the scale of the challenge. Hostility to VAR goes hand in hand with a widely perceived “crisis” in the level of refereeing, which is commonly cited as the worst in years. It should be stressed that this is all in circumstances where officials are under far more scrutiny than ever before. There are more cameras to reveal every element of a decision – and whether they should have taken a different one – in a manner that was unimaginable in the supposed golden days right up to the mid-2000s. Even Klopp acknowledged the extreme “pressure” on officials, which undoubtedly plays into errors that they obviously don’t make “on purpose”, as the Liverpool manager put it. Discussions such as this should never go without mentioning how the real crisis with refereeing is at lower levels, and the scale of the abuse they receive. It has undeniably affected the talent pool at the top, and there is a bigger debate to be had over whether it should be a better-remunerated profession to match both the talent they are overseeing and their necessity in getting the game played. The introduction of VAR itself was nevertheless supposed to be a remedy for all of this and – at its core – an “aid” for referees. It has instead had the inadvertent effect of making all discussion much more poisonous and pressurised. That comes from a disconnect between the implied expectation and stated intention of VAR, the actual application and the communication. The very nature of the technology has created an expectation of perfection, even though it was only ever supposed to improve accuracy to around 98 per cent. This has happened, but the fundamental problem is that the remaining 2 per cent tend to be hugely high-profile errors. That is by definition given the threshold for VAR to get involved. There has previously been very little communication on how those decisions were made, which has had the effect of only deepening suspicion among supporters. The vacuum of information inevitably leads to speculation and then to conspiracy theories. While this isn’t to say there is any legitimacy whatsoever in the latter, since the most likely explanation is always basic human error, it does have the real-world effect of further toxifying the atmosphere around refereeing. This in turn puts even more pressure on them, because their integrity is unfairly questioned. It is why the very technology of VAR has deepened this problem. Whereas error could previously have been written off as officials going off their own sight and instinct – even if the reason VAR was introduced was because of criticism of referees in the first place – they now have access to so much more technological aid. Many more fans consequently see the only possible explanation as some kind of corruption. You only have to take a glance on social media. This is why better communication is essential. Webb’s great mission has been to improve that, and he has generally done a better job, but it’s fair to say the response to Saturday made this worse. Liverpool were perplexed at how long it took for a statement to be made about the offside, the PGMOL eventually only commenting in the middle of Klopp’s post-game press conference. It was actually The Independent that made him aware of their statement, to the Liverpool manager's increased bemusement. The explanation that the VAR actually checked for the wrong call then came even later, as it felt like every development deepened the crisis. There are at least a number of logical steps that can be taken to address that. One of those is not to just remove VAR, since this is a non-starter that goes way beyond England and up to Fifa. It is here to stay. That’s also why it’s just vital that cases like this lead to improvement. One first step is to limit this extra work abroad – as England and Cook’s appointment in the UAE was within the rules and actually approved by the FA. Another is to improve the communication so there is absolutely no ambiguity. It is simple to go from “check complete” to “the decision should be a goal”, or equivalent. That also raises the most obvious solution of all. All of the communication between the referee and VAR should be made audible and accessible, so as to eliminate any ambiguity. People might still disagree with decisions, but they would at least be able to understand why they are made. That goes a long way to creating acceptance of VAR. When it was raised whether the audio from this decision would be made public, one response was that Match Officials Mic’d Up is now a monthly show so it will likely feature on that. The reality is that the Premier League could do with it coming out now, because of the number of questions that are being asked. Liverpool themselves called for the review to have “full transparency”. "This is vital for the reliability of future decision making as it applies to all clubs with learnings being used to make improvements to processes in order to ensure this kind of situation cannot occur again,” the club said. It doesn’t help that this comes amid even greater credibility questions for the Premier League, as everyone awaits the outcome of the charges against Manchester City and Everton over alleged Financial Fair Play breaches. Many of the sport’s “stakeholders” are now livid at this. Even for broadcasters, this affects the credibility of the product they put on television. That trust is what the game is founded on. In the meantime, Liverpool are exploring “the range of options available, given the clear need for escalation and resolution”. An apology, evidently, is not enough. Read More Every VAR apology so far: From Liverpool offside to Man City handball Liverpool to ‘explore options’ in response to ‘unacceptable’ VAR error VAR officials who made Liverpool error took charge of UAE match just 48 hours before Every VAR apology so far: From Liverpool offside to Man City handball More VAR disapproval as Nottingham Forest and Brentford both berate decisions Liverpool to ‘explore options’ in response to ‘unacceptable’ VAR error
2023-10-02 20:45
Rangers next manager: Ralph Hasenhuttl and three other candidates to replace Michael Beale
Rangers are searching for a new manager following the sacking of Michael Beale on Sunday. Here the PA news agency takes a look at some of the candidates who may be given consideration by the Ibrox hierarchy: Kevin Muscat The 50-year-old former Australia defender - who played for Rangers in the 2002-03 season - is currently flourishing in charge of Japanese club Yokohama F. Marinos after succeeding the Celtic-bound Ange Postecoglou in the role in the summer of 2021. Won the Japanese league title last year and his team are currently second, four points off the top with five games to play. Jesse Marsch As part of the Red Bull group, the 49-year-old American came to prominence when he led Austrian side Red Bull Salzburg - who had Erling Haaland in attack in his first season in charge - to two consecutive league and cup doubles. Renowned for his high-intensity approach, Marsch earned a crack at the Leeds job in February 2022 following the sacking of Marcelo Bielsa and ensured they stayed in the Premier League, but a poor start to his first full season at Elland Road led to him being sacked back in February. Was interviewed about vacancies at Southampton and Leicester earlier this year but remains out of work. Kjetil Knutsen The 54-year-old Norwegian has made a name for himself after establishing Bodo/Glimt as one of the top teams in Norway since taking charge in 2018. Led them to their first-ever title win in 2020 and followed up the feat a year later. Currently a point clear at the top of the Eliteserien after 23 games. Has also overseen some impressive European runs over the past three seasons, most notably in the 2021/22 campaign when Bodo/Glimt reached the quarter-finals of the Conference League after defeating Postecoglou’s Celtic 5-1 on aggregate. Ralph Hasenhuttl The Austrian, 56, is still out of work after losing his job at Southampton a year ago following a poor start to last season. Landing the highly-regarded former RB Leipzig manager would be viewed as something of a coup for Rangers. Derek McInnes The 52-year-old former Rangers midfielder turned down the Ibrox job in 2017 while he was on a long and fruitful stint in charge of Aberdeen. Following his departure from Pittodrie, McInnes has done an impressive job with Kilmarnock, leading them from the Championship and re-establishing them in the top flight. He has already overseen victories over both Glasgow sides this season. Celtic boss Brendan Rodgers endorsed him as a potential Ibrox boss in August. “He was very close to getting the Rangers job a few years ago and why couldn’t he manage Rangers?” said Rodgers. “He’s a former player there, a very good player, who was part of a successful era for the club so there’s no doubt that could be one for him in the future because he’s an outstanding manager.” PA Read More Rangers sack Michael Beale following home defeat to Aberdeen Tottenham ‘disgusted’ as Destiny Udogie racially abused after Liverpool game Antony could return to Manchester United squad despite assault investigations Tottenham ‘disgusted’ as Destiny Udogie racially abused after Liverpool game Antony could return to Manchester United squad despite assault investigations Every VAR apology so far: From Liverpool offside to Man City handball
2023-10-02 20:27
Liverpool and Bayern Munich scout Brazilian defender Lucas Beraldo
Liverpool are among a number of European clubs tracking Brazilian starlet Lucas Beraldo.
2023-10-02 20:18
KKR sells industrial properties worth over $560 million
U.S. private-equity firm KKR said on Monday it has completed the sale of an industrial property portfolio of
2023-10-02 20:15
Kenya to ban private children's homes over trafficking fears - Florence Bore
All privately owned orphanages and children's homes will be abolished, the social protection minister says.
2023-10-02 19:56
