Major General David G. Bellon Takes Command of MARFORSOUTH

first_imgBy U.S. Marine Corps Forces, South June 01, 2017 U.S. Marine Corps Brigadier General Kevin M. Iiams relinquished command to Major General David G. Bellon during a change of command ceremonyin Dorak, Florida, on May 22nd, after serving as the commander of MARFORSOUTH since January 2016. Maj. Gen. Bellon was previously the director of the Reserve Affairs Division. Brig. Gen. Iiams is set to be the commander of U.S. Marine Corps Training and Education Command. Brig. Gen. Iiams praised his marines for the progress they’ve made and the impact they have had on the region during his command, telling them the effects of their work would last long after they had all left the command. “We’ve planted the seeds for trees we’ll never see,” Brig. Gen. Iiams told marines. For his part, Maj. Gen. Bellon said he was looking forward to commanding the marines of MARFORSOUTH and working with their partners in the region. He pointed to the various times he had traveled or worked in South and Central America, explaining that his family felt a special connection to the countries they had been to during his time as a marine. “This is a region that our family loves,” said Maj. Gen. Bellon. “And we love it because there are so many layers to the different cultures that we find in the region. And what we’ve found is a common set of values that resonate with our family.”last_img read more

PwC: Dutch pensions reform unlikely to cause costs explosion

first_imgPwC, which surveyed seven pension funds, two insurers, two pension providers, as well as the Pensions Federation, stated that all players found it difficult to come up with an estimation of costs after the transition to a new pensions system.This was due to uncertainties in the elaboration of the pensions accord as well as its translation into legislation, it explained.It said that, in general, costs will rise as a result of complexity through adding individual variables, including allocating returns to age cohorts and differing investment profiles.The consultancy indicated that costs for communication were likely to rise as the different aspects of the new system need to be extensively explained in order to keep the support of pension funds’ participants. The envisaged pensions reform in the Netherlands is unlikely to cause costs for pensions provision to explode as has happened in Australia, a survey by PwC has suggested.The study – commissioned by the Dutch government – attributed the pension costs increase in Australia to insufficient legal protection for pension savers who, for example, must pick their own provider.As the pensions agreement sticks to the mandatory participation in a pension fund, choosing a provider is not an issue in the Netherlands, said the consultancy.The independent survey had been instructed by parliament, which showed concern over steeply rising costs in the wake of Australia’s pensions reform.last_img read more