Springing surprises into the new year

first_imgDell Technologies designs its portfolio of servers to make our customers’ lives easier. We believe that providing strong infrastructure solutions allows our customers to focus on building their best business. By following this philosophy, our customers have made PowerEdge the #1 selling of server in the world.Back in October, we revealed the five groundbreaking servers in our new high-performance Dell EMC PowerEdge with AMD portfolio. Dell Technologies is delighted to announce the PowerEdge R7525 with 2nd Gen AMD EPYC will begin shipping on February 18th.  The surprises don’t stop here. Dell Technologies and AMD will have more news on February 18th for the R7525 as well as the R6515, R7515, R6525, and C6525.With the launch of the PowerEdge R7525, Dell Technologies has a complete rack portfolio of AMD-based servers, which can handle any workload requirements. The R7525 provides powerful performance in its highly flexible 2U rack. To handle workloads like data analytics, all flash software defined storage, and VDI, the dual socket server has configurations of up to 8x Gen4 PCIe, 6x single-wide accelerators, and 24x NVMe direct. The R7525 packs unprecedented performance.Dell Technologies is currently running benchmarks for the R7525 on SAP SD users, VDI and Sparkbench, with results coming shortly. We are confident that the R7525 will share similar success in benchmarking as our other PowerEdge with AMD servers. A production level R6525 completed a world record performance of 62,500 SAP SD users. In addition, the R7515 has 8 world records filed on TPCx – HS V2, including the best price per tpsV.We would like to thank our customers for their patience on this journey to complete our PowerEdge with AMD portfolio. As with every PowerEdge, these five new servers come ready with the OpenManage portfolio, integrated security, and our best in class services. Please don’t forget to check out our Ready Solutions as well.last_img read more

Consultants give cautious welcome to HMRC’s guidance on GMP

first_imgHMRC 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.last_img read more

Modernizing Liberia’s Health System: China’s Pledge

first_imgThe People’s Republic of China Ambassador Zhang Yue gave Liberians great news on Tuesday, when he announced that his government was prepared to help “modernize” Liberia’s healthcare delivery system.Our Presidential Correspondent William Harmon quoted the Ambassador as pledging that in addition to substantial contributions to the “Eradicate Ebola” campaign, China is prepared to intervene robustly in the modernization of Liberia’s health system. In this connection, China has already initiated the China-Africa Public Health Cooperation Plan (CAPHCP).  The Plan includes organizing 12 terms of training programs on public health, epidemic prevention and control, carrying out joint research on tropical diseases and helping to establish an information platform for public health and a monitoring network for epidemic prevention and control.This elaborate Plan presumably includes training of doctors, nurses and paramedics and medical research.Making this extraordinary announcement, Ambassador Zhang said China, one of Liberia and Africa’s chief partners, is prepared to take the bull by the horns and deal a decisive blow to disease, epidemics and anything that threatens our lives.In this, China is inviting Liberia and Africa’s other development partners to join in helping our country and other African nations to develop once and for all an efficient and modern  healthcare delivery system that will be able to respond quickly and decisively to any disease outbreak and save lives.While we thank all the other development partners—the United States, who has responded to the Ebola crisis in a very big way,  the European Union, Germany,  etc., we hope that Liberia and Africa’s other partners will join the Chinese in this important post-Ebola initiative.     The United States was the first foreign partner to intervene in a serious way to help develop Liberia’s health system.  In the mid-1940s, the Tubman administration established the National Public Health Service (NPHS).  Dr. Joseph N. Tobga, fresh out of the Meharry Medical School in Nashville, Tennessee, became its first Director General.  It was around that time that the USA established the U.S. Medical Mission in Liberia, headed by Dr. Hildrus A. Poindexter.It was Dr. Togba and the Ethiopian Health Minister that represented Africa at the creation of the World Health Organization (WHO) in Geneva, Switzerland in 1948.  Six years later Dr. Togba was elected President of the World Health Assembly, the first black to hold that post.  It was during Dr. Togba’s tenure that yaws were eradicated from Liberia.Dr. Togba used his connections with the WHO to obtain fellowships for scores of Liberians to study medicine in the USA, Europe, including England, Germany, Italy, Portugal and  Spain.  More followed to Israel and other countries.  This is how Liberia got its first surgeon, Dr. H. Nehemiah Cooper, first ophthalmologist, Dr. Dumah Traub, first pediatrician, Dr. Kate  Bryant, first pathologist, Dr. Rubell Brewer and first radiologist, Dr. Joseph Diggs, among others.In later years many other Liberians followed, studying Medicine in universities all over the world.  Moreover, in 1968 the University of Liberia’s A.M. Dogliotti College of Medicine was established.  Since then the college has graduated 387 medical doctors, 124 of whom were trained in the past five years.  But Liberia lost many of these qualified medical personnel in the brain drain that started with the 1980 coup d’état, followed by the civil war.More recently the Liberian Post Graduate College of Physicians and Surgeons has been established, to train medical specialists right here in Liberia.    We are happy that the Chinese have included in their post-Ebola healthcare delivery initiative a training component.  One of the first places the Chinese will need to stop to inquire of training needs in the health and medical field is at the A.M. Dogliotti College of Medicine, where the staff has developed an elaborate and comprehensive project for health and medical training in Liberia.  A visit to this College and discussions with its staff and students is, we believe, a must for our Chinese, American and other friends interested in the training of medical and health personnel in the vast number of specializations long overdue in our country.We wish to make one last point in this editorial: the Liberian government and people must make the best possible use of every iota of help our Chinese and other partners will render us in the development of a modern healthcare delivery system in the post-Ebola era.  We must remember that we must engage these partners with utmost seriousness and alarcrity (enthusiasm, eagerness, swiftness).  If we do not, no amount of help from these partners will do us any good.     Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more