Tags: Bryson Barnes/Milford High/Western Illinois Leathernecks FacebookTwitterLinkedInEmailMACOMB, Ill.-In information released Sunday, Milford High School star senior quarterback Bryson Barnes confirmed he has received his first FCS offer from the Western Illinois Leathernecks of the Missouri Valley Conference.On his Twitter account, Barnes confirmed Western Illinois co-offensive coordinator/quarterbacks coach David Rocco offered him a scholarship to the Macomb, Ill.-based school.Barnes, who also stars defensively as a strong safety and has also excelled in baseball, basketball and wrestling in his career, has thrown for 10,835 yards and 133 scores in his career for the Tigers.Barnes and his Milford teammates are in action Saturday afternoon in the 2-A state semifinals at Orem High School against Millard in a game that can be heard on KSVC-AM 980 and 100.5 FM or online at midutahradio.com. Brad James November 4, 2019 /Sports News – Local Milford Star QB Bryson Barnes Receives Offer From Western Illinois University Written by
“One way to maximise the benefit for the default fund is to access private markets”Mats Langensjö“One way to maximise the benefit for the default fund is to access private markets, if the board or management of the default fund thinks it can add value to the portfolio,” he said adding that this was nevertheless something that needed to be implemented over time and with care.Langensjö is a veteran of Swedish pension system reform, before this latest commission having led one public inquiry and the three annual reviews leading to the new AP-fund law in 1999.IPE asked him whether he found there were always some interests that resisted reform.He said: “My experience is that the government are quite good at seeing past the responses that are more to protect current positions, market structure or keep the status quo, and on to what are honest and relevant contributions to improve the default fund.”Langensjö said his job was to suggest a way forward that was good for the members, the pension system and one could actually be implemented – rather than being a theoretical or fragmented idea.“I had to be holistic and consider the broader context,” he said.To read the digital edition of IPE’s latest magazine click here. Pension system troubleshooter Mats Langensjö says the consultation on his plan to overhaul the default option in Sweden’s premium pension system has produced some great suggestions – among those simply driving particular agendas.The current framework for AP7 – the SEK670bn (€63.4bn) national pension fund which runs the choice-free alternative in the first-pillar defined contribution (DC) system – is long outdated and hails from when its position was totally different, according to the independent consultant.Responding to questions, Langensjö told IPE: “This change is long overdue and I believe my proposal will give the default fund a more relevant structure and still have a framework that has the flexibility to accommodate future changes or economic scenarios.”The consultation ended on Monday, having been launched on 17 February, and resulted in 28 published responses after 37 stakeholders had been invited to comment. While many of the respondents praised the proposal or large parts of it, others, such as some academics and the Swedish Investment Fund Association, had criticisms.Asked what he thought of the responses as a whole, Langensjö said: “I believe overall it is a typical and expected range of responses in this kind of public consultation process – some really good suggestions on details that can improve the implementation and also the future process.”At hand was a complicated and important matter, he said, which affected millions of pension scheme members and a large, complex portfolio, so there were many benefits to be had from the consultation process.“As always, and as you can expect, there are those respondees who take a narrower approach or drive a certain agenda. That is understandable and expected,” he said.Langensjö said he expected several details, technical suggestions and proposals for the implementation process itself contained in responses to be taken into consideration by legislators.State pension buffer fund AP6, which specialises in private equity investment, said in its response that there was a need for further investigation of some aspects of the plan in relation to AP7’s proposed future as a major private equity investor.However, Langensjö said this had been addressed in his report, with much of the work having already been done in the form of extensive analysis carried out by the Ministry of Finance over the recent broadening of investment rules for the four main state pension funds, AP1-4.“Most responders did not have the time and ability to take the same holistic approach as I did in my work, considering many different perspectives and in the end proposing relevant legislation,” he said.“One of my key points is that a default fund in a compulsory state DC-plan has to be given all the means, ability and flexibility to adjust the portfolio over time and in different economic environments,” he said.The default fund was for premium pension scheme members who really needed professional portfolio management, whereas people who had the skill or need for an individual risk profile or asset allocation could use the range of funds on the funds platform, he said.