By Dialogo January 01, 2010 Boasting one of the fastest supercomputers in the world, a team of top scientists and a campus at which female and male students can mingle freely, Saudi Arabia’s new multibillion-dollar university aims to break both scientific and social barriers. Classrooms are integrated, women are allowed to drive on campus and, as the photo shows, they aren’t required to shroud themselves in the black abaya. King Abdullah University of Science and Technology was officially launched in September 2009 and is expected to propel the kingdom into the top ranks of technological research, reported Agence France-Presse. The master’s and doctorate degree students represent more than 60 countries, with 15 percent from Saudi Arabia.
But it’s just about the senior class. In fact, in the next few days, Smith and Jacobson will be launching a Healthcare Hero product, with 20% of sales going to the American Nurses Foundation. Smith and Jacobson are hopeful the Healthcare Hero product hits the website by Tuesday. “It was just a good way to feel like we were doing something for people who are putting their lives on the line for us,” Smith said. For more coronavirus coverage, click here. Athens High School seniors Aaron Smith and Griffin Jacobson wanted to get clever with designs, choosing to combine the graduation cap and masks, now a common item due to the coronavirus. (WBNG) — While the class of 2020 won’t have the traditional cap and gown ceremony this spring, two high school students in our area have designed senior year gear for classmates and others around the country. The duo sells sweatshirts and hoodies on their website, with all creative designs coming from students near and far. “It’s definitely an icon in today’s times,” Smith said. “It’s because everyone is in a mask now, and we figured ‘how many times has this ever happened in the United States?'” The pair deciding this is the best way to say “thank you” to all on the front lines. “They’re the true heroes,” Jacobson said. “They deserve to get recognition, and they deserve everything.”
HMRC explains in the guidance document that any increase resulting from GMP equalisation “is not a new entitlement”“These members will typically be those who have already paid a lifetime allowance charge when they retired,” he said.HMRC explains in the guidance document that any increase resulting from GMP equalisation “is not a new entitlement”.It continues that “in the main, such GMP equalisation benefit adjustments, on their own, would not constitute new accrual of benefit that should be tested for annual allowance purposes or which would prejudice applicable lifetime allowance protections.”But the document also goes on to warn that “such adjustments might have an impact on the amount of any previous and future benefit crystallisation events.”Matt Davis, head of GMP equalisation at Hymans Robertson, said the pensions industry would welcome this “fairly pragmatic approach” to recognising that GMP equalisation relates to benefits built up before the current pensions tax regime came into force. The UK’s tax agency, Her Majesty’s Revenue & Customs (HMRC), has issued new guidance for defined benefit (DB) sponsors addressing some of the tax issues affected by the Guaranteed Minimum Pension (GMP) equalisation.But although the guidance covers taxation issues such as the annual allowance and the lifetime allowance, experts told IPE there are areas where guidance is still needed.Tom Yorath, GMP equalisation lead at consultancy Aon, said: “As expected, HMRC has dealt with some of the more straightforward issues which will allow schemes to press forward with equalisation with confidence.“However, they have not yet addressed some of the bigger challenges for schemes that want to do away with GMPs forever through GMP conversion.” Colin Smith, senior director at Willis Towers Watson, added: “The big questions around tax treatment of ‘GMP equalisation’ relate to what happens when GMPs are converted into other benefits.“That was never going to be addressed here, but guidance on the tax treatment of ‘GMP equalisation’ that does not mention conversion has a ‘Hamlet without the Prince’ feel to it.”Among the areas on which HMRC has said it will issue guidance in the future are lump sums and death benefits. The agency said it will also “continue to explore the tax implications” of conversion.GMP conversion is the process of converting a scheme member’s GMP equalisation rights into a scheme benefit so that they no-longer fall under the GMP rules.The release of the guidance follows a High Court ruling in 2018 that Lloyds Bank had discriminated against male members of its three DB schemes by effectively accruing them a lower pension benefit than they were entitled to under the GMP rules.The ruling affects any pension scheme that had contracted out of the UK’s state pension scheme.Meanwhile, Yorath also warned that although he believed HMRC had “taken a relatively pragmatic view” in respect of the tax treatment of scheme members who have yet to retire, those who have already retired could be hit with an extra bill for tax.
NEW DELHI: The social media handle of Spanish top-tier football league LaLiga has shared a hilarious photo collage of Lionel Messi and a goat, implying that the Argentine is the G.O.A.T (popular acronym for greatest of all-time).Due to his exploits on the field, Messi is widely regarded as the greatest player ever to grace the game and LaLiga took to Twitter to put forward that message once more. They combined his body with the head of a goat and their post read: “Did it work?” Messi has broken numerous goal-scoring records and set new ones since breaking on to the scene with Barcelona. He has so far won 10 LaLiga titles, six Copa Del Rey trophies and four Champions League crowns with the Spanish giants. He has been named as the best player in the world six times as the Argentine has six Ballon d’Or trophies in his cabinet. Portuguese superstar Cristiano Ronaldo comes a close second with five. On the international arena though, Messi hasn’t been able to replicate his club form as a major trophy still evades the South American heavyweights. Messi was part of the team that won the gold medal at 2008 Olympics but since then, he has been into World Cup and Copa America finals, failing to win even one such big tournament. IANS Also Read: Messi is so fast; that free kick was unbelievable: Liverpool captain Jordan Henderson Also Watch: SEBA will declare Results of HSLC-High Madrasa within 30 days from repeal of lockdown