Ireland moves to Phase 2 of ‘accelerated’ Roadmap for Reopening Society…

first_imgCovid antibody testing opens to public at Shannon Airport Previous articleLimerick Black Lives Matter protest moves onlineNext articleUL researchers develop technology for selection of best quality sperm for use in human reproduction techniques Cian Reinhardthttp://www.limerickpost.ieJournalist & Digital Media Coordinator. Covering human interest and social issues as well as creating digital content to accompany news stories. [email protected] Linkedin Twitter Advertisement NewsHealthPoliticsIreland moves to Phase 2 of ‘accelerated’ Roadmap for Reopening Society and BusinessBy Cian Reinhardt – June 6, 2020 272 Government announces phased easing of public health restrictions Email Facebook Printcenter_img ‘Everything tells us we are moving forward’ RELATED ARTICLESMORE FROM AUTHOR Institute of Public Health addresses loneliness as a challenge to national health in light of Covid-19 restrictions WhatsApp TAGSCoronavirusCovid 19IrelandLimerick City and CountyNational Coronavirus | freepik.comTHIS Monday, the nation is set to enter ‘Phase 2 plus’ of the easing of lockdown restrictions following an announcement by An Taoiseach that the lifting of restrictions are to be accelerated.Speaking on Friday, June 5, An Taoiseach Leo Varadkar confirmed the country would move to Phase 2 of the plan to reopen the country following restrictions in place due to the spread of COVID-19.Sign up for the weekly Limerick Post newsletter Sign Up Some of the changes to restrictions include an increased distance of travel, with people now permitted to travel 20km from their home, or anywhere in their county, whichever is the greater distance. People can also meet in groups of up to six both indoors or outdoors, one social distancing can still be observed.Phase two will also see retail stores reopen but with opening times staggered “to relieve pressure on public transport”.Mr Varadkar said, “This has been made possible by the considerable sacrifices you have made to restrict the spread of the virus and protect each other.“Thanks to your perseverance in pushing back COVID-19 I am announcing an acceleration of the Roadmap. Over the last few months, fear has exerted a kind of gravity pulling us down, but now we find there is hope lifting us up again.”An Taoiseach acknowledged “we have suffered as a country” during the COVID-19 emergency, “lost loved ones, and changed the way we work and live”.“We are making progress,” he said, continuing, “We are heading in the right direction.   And we have earned the right to be hopeful about the future.”In what was originally five phases which were originally announced, the accelerated roadmap will now see just a four-phase approach, with Phase 4 now aimed for July 20.“Further work will be carried out in the coming days and weeks to determine which actions will take place in each phase,” said An Taoiseach, “Some measures such as bans on mass gatherings may need to remain in place well into August as will public health advice around hygiene and physical distancing.”Under Phase 2, from Monday June 8, the following changes will come into effect:You can travel within your own county, or up to 20 km from your home, whichever is greater. These travel limits will be lifted from the end of June.Groups of up to 6 people will be able to interact with each other indoors or outdoors, once they keep at least 2m apart.  Groups of up to 15 will be able to meet for outdoor sporting activities.For those who are over 70 or medically vulnerable, it will be possible to welcome a small number of visitors into your home, with physical distancing observed.Shops will also provide dedicated hours for those who are over 70 or in an at risk group.All retail stores can reopen, but opening times will be staggered to relieve pressure on public transport.  You are encouraged to shop locally, shop safely and support businesses in your community.Up to 25 people will be allowed to attend funerals of loved ones.Public libraries will commence re-opening.Playgrounds can reopen from Monday, and outdoor camps for children can also be run, once there are no more than 15 people involved.Certain types of elite sports training will also be possible.More people will be able to return to work, including all those who work on their own or whose work can be done safely while staying 2m apart from others. Working from home should remain the norm for those who can do so.Marts can re-open and greyhound racing can resume without spectators. Mass COVID testing to take place at University of Limerick following fresh outbreak of virus among student population Limerick health chiefs urge public not to withhold information on virus contacts, as they investigate “complex and serious outbreaks” across midwest region last_img read more

Tenant fees ban will see ‘seismic’ change in employment numbers within industry

first_imgThe tenant fees ban will lead to a ‘seismic’ reduction in staffing levels among the 50,000 people employed by the industry, a leading recruitment company has claimed.Staines-based Property Personnel currently offers nearly 300 jobs within the sector but says the ban will have serious consequences.This will include lower staffing levels as the sector is “battered from all sides” by both the fees ban but also landlords exiting the market and the looming end to Section 21 ‘no fault’ evictions.“It’s such a marginal industry – if companies are not earning enough money to pay their staff properly, employees are going to vote with their feet,” says its Managing Director Anthony Hesse.“Within bigger chains, those carrying out tenancy progression will be on a flat salary. But in a small independent firm, that’s often not the case and a level of commission will be involved – which will now disappear altogether.“Lettings agents are having part of their bottom line swiped away, despite the fact there is still administration that they will have to do. They are going to have to do more work for less income.”Fee levelsAgents are having to think hard about whether to pass on the additional costs heaped on them by the tenant fees ban and several major brands have already announced how much more landlords will have to pay.The most recent is Humberts, which has revealed that it will only be passing on the costs of referencing and end-of-tenancy check-outs to landlords, but not increasing its standard percentage-based fees. June 4, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Tenant fees ban will see ‘seismic’ change in employment numbers within industry previous nextProducts & ServicesTenant fees ban will see ‘seismic’ change in employment numbers within industryClaim is made by leading recruiter for industry which says smaller independent estate agents will be hit hardest.Nigel Lewis4th June 201901,353 Viewslast_img read more

Opinion: Ethics for a global and professional investment industry

first_imgA code of ethics for a global investment industry must therefore be universal and consistently applied to the highest standard, regardless of jurisdiction, to enable it to support the building of trust and integrity for the profession and its participants.INTEXTLINKTEXT” src=”/Pictures/web/y/x/x/Dr-Tony-Tan-CFA-Institut_660.jpg” />Tony Tan, co-head of ethics, standards and professional conduct at the CFA InstituteIt must also ensure that the stewards of assets act both in the spirit and the letter of the guidance set out therein, in pursuit of true professionalism.A code that supports this ethos can help industry participants in re-establishing awareness of the fundamental societal purpose of finance, which is to connect those who have capital with those who need it.In an interconnected global economy, employers and professionals must be aware of how their actions, products and services, impact on the long-term health of the capital markets and market participants. Decisions made in one country often have unplanned effects on others, and these ripples of change can quickly become huge waves.To ensure capital markets retain their role as efficient capital allocators for market participants, investment professionals must consider the broader impact of their decision-making processes, and those in authority must consider market sustainability in their corporate policies.This goes far beyond environment, social and governance (ESG) investment strategies.“A universally upheld code of ethics, improved hiring practices, continuing education and [flexibility] are all required to bring this shared goal to pass.”We must also encourage organisations to move away from hierarchical, cause-and-effect structures to ones that hire purpose-driven, ethical and highly educated talent. These hires will increase the industry’s alignment with its operating environment, and positively contribute to a society that benefits from a more professional investment management industry.So how do we support an industry fraught with complexity and nuance to do better?Standards and best practiceThe CFA Institute’s Code of Ethics and Standards of Professional Conduct, currently in its 11th edition, offers a benchmark for every investment management professional globally, regardless of job title, cultural differences or local laws.The Code and Standards are governed by the CFA’s Standards of Practice Council, a committee that has continuous oversight of them and meets periodically to ensure they remain relevant and guide best practice.Understanding of the Code and Standards is tested at each of level of the three-level CFA Program, and every CFA charterholder has committed to uphold the code by signing up to its principles and following them in their daily practice.The CFA Institute Professional Conduct Compliance and Enforcement group oversees this commitment by CFA charterholders, and additionally provides for the monitoring of 250,000 candidates in over 175 markets.Since 1987, CFA Institute has provided the industry with the Global Investment Standards (GIPS), which provide investors with investment performance measurement and reporting rules that are reliable and comparable across markets. Greater public understanding of these codes and standards, to which so many in the investment management profession are committed, will indeed support Raj Thamotheram’s belief that “investment can be a true profession”.  Of course, self-regulation, standards and professional credibility must be established, integrated and fully embedded into the ecosystem of investment management if practitioners expect society at large to recognise their industry as a profession.A universally upheld code of ethics, improved hiring practices, continuing education and an industry that can flex to the changing needs of society are all required to bring this shared goal to pass.Tony Tan is co-head of ethics, standards and professional conduct at the CFA Institute. He is responsible for leading the institute’s efforts in advocacy, policy development and regulatory outreach in the Asia-Pacific region. This article is a response to Preventable Surprises CEO Raj Thamotheram’s February 2018 Long Term Matters column, ‘Investment can be a true profession’. Read the full article here.A universal culture of integrity, principles and ethics should be taught, reinforced and practiced. Yet while many of us champion and support this goal, public confidence in the investment management profession continues to suffer as corporate misconduct headlines persist.In his February 2018 article, Raj Thamotheram raised the question of ethics in the investment industry and the importance of a universal code of ethics that is fit for purpose and enforced. We agree.In a complex environment, even good people can make poor decisions. Across the financial services industry, local or regional norms often guide the day-to-day behaviour of employers, regulators and professionals. Situational influences can shape thinking, decision-making and conduct, and even the highest personal or local standards can fall short when compared to global ones.last_img read more