first_imgArtists impression of the Aveo Newmarket redevelopment Lendlease has entered into a development agreement with Brisbane Racing Club (BRC) to develop an integrated retirement and aged care precinct in Ascot, Brisbane.Retire Australia was also recently granted approval to build a three to five-storey complex next to the Tarragindi Recreation Reserve.At least 12 projects are also being considered by Gold Coast City Council.A recent report by Urbis found the top 10 suburbs for future retirement unit supply was spread across the southeast, and the move to ‘vertical’ retirement living was really beginning to take shape.Urbis regional director Ben Slack said retirees had no interest in ‘being locked up in facilities on the fringes’ and that could be seen in the number of ‘vertical retirement villages’ springing up or being proposed in the inner suburbs of Brisbane. Pradella Seachange CoomeraDeveloper Pradella has launched its third retirement community – Seachange Riverside Coomera.The over-50s lifestyle resort will consist of 124 homes, a five-star Country Club and River House within the gated country estate.center_img An aerial view of the future Riverside Coomera Seachange Lifestyle Resort by PradellaSeachange Riverside Coomera was officially launched on February 20, and follows the developer’s move into the sector with Seachange Arundel in 2007 and Seachange Emerald Lakes in 2014More from news02:37International architect Desmond Brooks selling luxury beach villa19 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoTwo more retirement communities are also in the works – Seachange Toowoomba and Seachange Victoria Point.Pradella Property Ventures chief executive Phil Goodman said their focus was on lifestyle – residents living active lifestyles in communities of like-minded people.“We don’t see ourselves as operating in the retirement sector. We are operating in the over-50s lifestyle resorts sector,” he said.Many developers and service providers have dropped ‘retirement’ or ‘aged care’ from their promotional flyers, instead opting for the phrase ‘over-50s lifestyle resorts’.Last year, social demographer Bernard Salt suggested retirement was for “old and obsolete people”.“Lifestyle is what people want. So, if you have the word ‘retirement’ in your product, remove it now,” he said.Mr Goodman said that when Pradella, a relative newcomer to the sector, started Seachange Lifestyle Resorts their goal was to deliver an award-winning facility.He said “five stars are now the norm”, and the market had changed significantly over the past decade, with buyers cashed up, healthier and living longer.And the battle for the grey dollar is heating up, with a host of new developments approved or before town planners for determination.Recently, Aveo was granted the green light to redevelop its Newmarket community, Tricare is set to launch the next stage at its Stafford Lakes development, a development application has been submitted for a health care and aged care development at Woolloongabba, and Lendlease recently announced that it had entered in to an agreement with Brisbane Racing Club to develop an integrated retirement and aged care precinct in Ascot.last_img read more

first_imgHeribert Karch addressing aba’s 2018 annual conference“Aba is an excellent association that, in light of the challenges facing workplace pensions in Germany, plays an important role,” he said. “I appreciate the trust that has been placed in me.”Thurnes was elected chairperson at a board meeting today.He will be supported by deputies Richard Nicka, vice president of benefits at BASF and head of the BASF Pensionskasse, and Dirk Jargstorff, senior vice president of corporate pensions and related benefits at Robert Bosch and CEO of the Bosch Pensionsfonds.Jargstorff will also take over from Carsten Velten the running of aba’s expert group for Pensionsfonds, one of the vehicles for workplace pension provision in Germany. Georg Thurnes, AonAba said Velten, who is head of the Telekom Pensionsfonds, wanted to step down from the role because of additional work commitments. He had led the group for more than 15 years.Klaus Stiefermann remains aba’s secretary general. Joachim Schwind, who had been the association’s other deputy chairperson for more than 20 years, stepped down late last year after retiring as head of the pension funds for chemicals company Höchst. The board changes at aba come as the German occupational pensions industry eagerly anticipates the announcement of the country’s first defined contribution scheme, after a major pension reform law came into effect last year.Further readingGerman regulator urges take-up of new DC model BaFin president Felix Hufeld tells employers and unions to make use of the new legal framework for defined contribution (DC) pension funds brought in under the BRSG reforms.German social ministry to set up ‘forum’ for new pension plans Unions and worker representatives in Germany welcome a government proposal to set up a “forum” for questions regarding the introduction of non-guaranteed pension plans.aba Anniversary Conference: ‘Grasp opportunities reform offers’ Heribert Karch issues an impassioned plea for support for the BRSG reforms at aba’s 80th anniversary conference last year.And look out for in-depth coverage of German pensions in the April edition of IPE magazine Georg Thurnes is to replace Heribert Karch as head of the German occupational pensions association aba, it was announced today.The handover will take place at the Berlin-based association’s annual conference in early May.Karch will step down from the board after eight years as the association’s head. He is also the managing director of German industry-wide pension fund Metallrente, and said he would concentrate on his responsibilities in that role from May.“I don’t find it easy, but I am determined to reduce my activities,” he said. “I am happy that Georg Thurnes is willing to take over the demanding role of chairperson.center_img “The management of our association will be in the best of hands.”Thurnes is chief actuary and board member at Aon Hewitt Germany, and a well-known figure in the German occupational pensions industry. He has been one of aba’s two deputy chairs since 2011, and on the board since 2008.last_img read more

first_imgWilliams was issued a code violation for what umpire Carlos Ramos deemed to be coaching from Patrick Mouratoglou, irritating the former world No. 1 who insisted she was not a cheat.A point penalty for racket abuse led to her branding Ramos a “liar” and a “thief” and she was then docked a game, after which she called for the match referee and alleged she was being treated differently to male players. Related News Serena Williams and Naomi Osaka will go head-to-head for the first time since the controversial 2018 U.S. Open decider after the pair reached the Rogers Cup quarterfinals.Osaka prevailed against childhood hero Williams last year at Flushing Meadows, where the 23-time grand slam champion’s epic meltdown contributed to her defeat. Rafael Nadal passes Roger Federer for most ATP Masters 1000 wins .@Naomi_Osaka_ completes the @rogerscup quarterfinal lineup!She hustles a 7-6(4), 6-4 win over Swiatek— WTA (@WTA) August 9, 2019The Japanese star is on track to return to the WTA’s summit on Monday ahead of Karolina Pliskova, who must beat Bianca Andreescu to have any chance of claiming the top ranking.Pliskova accounted for Anett Kontaveit 6-3, 7-5, while Andreescu outlasted Kiki Bertens 6-1, 6-7 (7-9), 6-4.center_img Andy Murray, with eye toward U.S. Open, plots singles return beforehand Osaka’s maiden major was overshadowed by Williams’ behavior. Now, the two players are set for a rematch in Toronto.Serena survives Alexandrova test The 37-year-old American star was pushed by Ekaterina Alexandrova in a 7-5, 6-4 victory on Thursday.Williams trailed the Russian qualifier 3-0 in the first and 3-1 in the second, however, the eighth seed produced when it mattered most to advance at the WTA Premier event..@serenawilliams books a quarterfinal slot at the @rogerscup!She knocks out Alexandrova, 7-5, 6-4— WTA (@WTA) August 9, 2019A three-time champion, Williams — playing for the first time since Wimbledon — said: “I definitely feel like it takes a while to get back into the rhythm, because we’ve had a long season of just clay and then grass, and now we’re on hard courts. So it definitely feels different, especially for me now. Usually I don’t feel that huge of a difference, but for whatever reason I do this year.”Osaka on track to reclaim top rankingAustralian Open champion and second seed Osaka overcame teenager Iga Swiatek 7-6 (7-4), 6-4 in the last 16.Osaka rallied from a break and two set points down to eventually prevail against the Polish 18-year-old.last_img read more