Legal update for fundraisers

Advertisement  13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Solicitors Bates, Wells and Braithwaite have shared their latest legal update once again with UK Fundraising. Issues featured include VAT, tax, copyright, privacy, late payment of debts, and sale of secondhand goods. Read Legal issues for fundraisers by Bates, Wells and Braithwaite on UK Fundraising. Legal update for fundraisers About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 23 February 2001 | News read more

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ShareAction: Responsible fiduciaries must grapple with ESG

first_imgConcerns about the pitiful prospects for millions of people in the UK currently in workplace defined contribution pension schemes is well founded. It should lead trustees and others with responsibility for investment decisions to focus on working assets harder. This should not mean turning over portfolios evermore frequently – it should mean attentive stewardship of companies in pension portfolios based on analysis of the full range of risks that may inhibit returns over the short, medium and long term.The long term is, of course, what counts for most pension savers. To protect the interests of younger savers in particular, there’s a compelling case for fiduciaries to engage with the long-term economic implications of climate change. Lord Stern, the former World Bank chief economist who undertook a rigorous cost-benefit analysis of ignoring climate change, found that “the overall costs and risks of [inaction on] climate change will be equivalent to losing at least 5% of global GDP each year, now and forever”. He adds: “If a wider range of risks and impacts is taken into account, the estimates of damage could rise to 20% of GDP or more. In contrast, the costs of action – reducing greenhouse gas emissions to avoid the worst impacts of climate change – can be limited to approximately 1% of global GDP each year.”Any prudent trustee with responsibility for the retirement savings of people under 45 years of age should be paying close attention to avoiding the potentially devastating impact of climate change on fund valuations in the decades to come. The low-carbon transition our economies must inevitably undergo will not be without some short-term pain, particularly for investors with heavy exposure to high-carbon sectors. Responsible fiduciaries have no choice but to grapple with these challenges. It is hugely encouraging Europe’s pension funds are now doing so.Catherine Howarth is chief executive at ShareAction Catherine Howarth, chief executive at ShareAction, says pension funds have no choice but to grapple with the issue of climate changeIPE deputy editor Daniel Ben-Ami is absolutely right to argue, as he does in his recent comment piece, Keep Politics Out of Pensions, that pension funds’ investment decisions should avoid political bias. The courts have ruled that trustees are barred from bringing their own political or ethical views, however strongly held or well intentioned, into decisions made as fiduciaries of other people’s money. There can be one, and only one, consideration for those who make investment calls with others’ retirement savings: the best interests of the saver.This requirement to secure savers’ best interests, which entails a strong though not exclusive focus on financial interests, is exactly why high-performing pension funds in the UK and across Europe have embraced responsible investment in recent years. The terminology of ‘environmental, social and governance’ (ESG) may be somewhat clumsy, but the wide variety of considerations that fall under that umbrella are demonstrably material to savers’ financial security and quality of life in retirement.Research undertaken by Arabesque Partners in association with Oxford University, published last year, assessed 200 of the highest-quality academic studies examining the economic evidence for sustainability. This showed that 90% of studies find that sound sustainability practices lower companies’ cost of capital, and 88% of studies show that strong ESG performance drives better operational performance by companies. Even when focusing on shareprice performance, 80% of studies find a positive correlation between good sustainability practices and strong share price performance.last_img read more

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‘That’s what friends are for’: Aubameyang happy to give up hat-trick bid

first_imgLondon, United Kingdom | AFP | Pierre-Emerick Aubameyang said he was happy to give up the chance to claim a hat-trick on Sunday, preferring to see Arsenal strike partner Alexandre Lacazette convert a confidence-boosting penaltyArsenal defeated relegation-haunted Stoke 3-0 with Aubameyang scoring twice — a penalty and another from open play — with substitute Lacazette scoring the third, also from the spot a minute before time.Aubameyang revealed he passed up the opportunity to score a maiden Arsenal hat-trick — he had scored two for Borussia Dortmund this season before his January transfer — because he wanted to help Lacazette.The Frenchman had returned from injury for his first game since February 10 and accepted the gift gratefully.“I had scored twice already so I knew it would be good for his confidence,” Aubameyang explained.Some managers do not allow anybody other than the designated penalty-taker to have a go from 12 yards but Arsenal boss Arsene Wenger made it clear he approved of the gesture.“That shows the state of our society — that when people are generous they are surprised,” he said.“Even more when it is footballers — and when it is strikers even more.“I wasn’t surprised because I know they have a good understanding. I like that because it can only make the team stronger. I think it’s great.”Meanwhile, Wenger’s opinion on Aubameyang’s new hairstyle remains unknown.– Hair’s to you –The Gabon forward had the name Marina etched on to the side of his head. “It is my grandmother’s name,” he said. “She passed away last week so this is my dedication to her.”The win did nothing to alter the Gunners’ position of sixth in the Premier League table, and they are now concentrating on the Europa League, with CSKA Moscow due at the Emirates Stadium on Thursday for a quarter-final first leg clash.But Stoke boss Paul Lambert was left fuming with the penalty decision on the first goal.A point would have been precious to second bottom Stoke and they were 15 minutes away from achieving just that when referee Craig Pawson awarded a penalty for Bruno Martins Indi’s challenge on Mesut Ozil.Lambert was convinced the penalty should not have been given as Martin Indi, although approaching from a position behind Ozil, had got enough on the ball.The Scot argued that the Video Assistant Referee (VAR) system — not yet used in the Premier League — would have seen the original decision overturned had it been in operation.“It was a game-changer because a couple of minutes earlier we had hit the post,” he said.“I know we have the benefit of replays and Craig doesn’t but for the big moments you have to be so precise.”VAR has courted plenty of controversy itself since trials began in the FA Cup earlier this season, but Lambert was a fan.“I’ve seen VAR work in Germany,” he said. “It worked seamlessly, absolutely no problem at all.“We bring it over here and it seems to be confusing but for this sort of incident? Absolutely. The referees need help for the big calls.”Share on: WhatsApp Pages: 1 2last_img read more

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Amnesty warns Premier League over Newcastle takeover

first_imgA Saudi-backed consortium is reportedly on the verge of buying Newcastle UnitedLondon, United Kingdom | AFP | Amnesty International has warned the Premier League that it “risks becoming a patsy” unless it takes a serious look at Saudi Arabia’s human rights record in connection with the proposed takeover of Newcastle.The Magpies are on the verge of being sold to a Saudi-backed consortium that involves Crown Prince Mohammed bin Salman for around £300 million ($368 million).It was reported on Tuesday that a non-refundable deposit of £17 million has already been paid to current owner Mike Ashley as part of the deal.The Premier League must decide if the new owners meet the criteria in its owners and directors test.Amnesty, a global non-governmental organisation that seeks to prevent abuses of human rights, said that unless the league provides thorough justification for its decision to approve the takeover, it risks damaging its own reputation.Amnesty International UK director Kate Allen has sent a letter to Premier League chief executive Richard Masters spelling out the concerns of the organisation. “So long as these questions (concerning Saudi Arabia’s human rights record) remain unaddressed, the Premier League is putting itself at risk of becoming a patsy of those who want to use the glamour and prestige of Premier League football to cover up actions that are deeply immoral,” she said in the letter.Critics have accused Saudi Arabia of “sports washing”, saying the government uses sport as a way of distracting attention from its human rights record.In a statement separate from the letter sent to Masters, Allen said: “All businesses need to safeguard against any possible links to human rights violations, and English football is no different.“This is more than just a financial transaction — it’s an image-building exercise that draws on the prestige of the Premier League and the passion of Newcastle United’s fanbase.”Amnesty have also previously criticised the UAE’s investment into defending English champions Manchester City as an attempt to sports wash the state’s image.Share on: WhatsApplast_img read more

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Burger King Employee Draws Pig on Uniformed Officer’s Burger Wrapper

first_imgIt may soon be a felony to dump water on a police officer, but it is not illegal to draw a picture of a pig on a fast food wrapper and give it to a uniformed officer. Some employees at a New Mexico Burger King are out of a job after reportedly drawing a such a pig picture on a uniformed police officer’s food wrapper.The officer, Timo Rosenthal, posted a picture of the wrapper to Facebook a few days ago, noting he ordered while in uniform and the burger itself appeared to have been burned. The officer stated he would not be eating at the Burger King in Clovis ever again. Burger King says the restaurant owner apologized and that the employees involved were immediately fired.The restaurant is also offering free meals to uniformed officers and sending a catered lunch to the local police department.last_img read more

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FL’s $15 Minimum Wage Initiative Gets Ballot Support

first_imgA proposed amendment that seeks to gradually increase Florida’s minimum wage from $8.46 to $15 an hour has earned the required number of petition signatures to get on the November 2020 ballot.The political committee “Florida for a Fair Wage,” which is led by Orlando attorney John Moran, submitted 766,380 valid signatures to the state last Wednesday. That exceeds the required number by 180 signatures, according to the state Division of Elections website.The next step is for the Florida Supreme Court to sign off on the wording of the proposed amendment. If that happens, the measure would then be eligible to go on the ballot. Sixty percent of voters would need to support the amendment for it to pass.The amendment would increase the state’s minimum wage to $10 an hour on September 30, 2021, with an additional $1 increase each year until it hits $15 an hour on September 30, 2026.Governor Ron DeSantis reiterated last Tuesday that he opposes the measure, as he has business interests in the state.last_img read more

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Steelers and Browns End Zone Brawl Features Helmet Shot

first_imgA rare win by the Browns over the Steelers was marred by a late fight.A melee took place in the closing seconds started by Steeler QB Mason Rudolph and Browns defensive end Myles Garrett.The Steelers QB attempted to rip Garrett’s helmet off when the pair were on the ground wrestling late in the fourth quarter.Garrett eventually ripped Rudolph’s helmet off and swung it at him, hitting Rudolph in the head. Maurkice Pouncey punched and kicked Garrett shortly after and the two were ejected, along with Browns defensive tackle Larry Ogunjobi.Garrett will likely be suspended.Rudolph says he is “good” and was not injured by the helmet-to-the-head hit.Cleveland beat visiting Pittsburgh 21-7 on Thursday Night Football to improve to 4-and-6 the Steelers fall to 5-5.last_img

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Oprah vs the Queen? Did She Advise Harry and Meghan to “Break Free?”

first_imgMeghan and Prince Harry Wax Figures Removed from Royal Family Display https://t.co/kQjt4uSMkP— TMZ (@TMZ) January 9, 2020 A new report says Oprah Winfrey may have been behind Prince Harry and Meghan Markle’s exit from the UK by encouraging them to build their own brand.The disgruntled royals have trademarked “Sussex Royal” on more than 100 properties in the UK, including clothing and charitable endeavors, with a predicted revenue of over $500-million. Now, Oprah Winfrey has denied claims she advised the Duke and Duchess of Sussex on their bombshell decision to step back as senior royals. … ‘Oprah was the first person to talk to Harry and Meghan about breaking free and doing their own thing, building on their own brand’, the source told Page Six.Despite claims Oprah had advised the couple on their ‘declaration of independence’, the producer has since denied she was involved in the decision. She told People: ‘Meghan and Harry do not need my help figuring out what’s best for them’.The TV star, who is a friend of Meghan Markle and her mother Doria Ragland, was reported yesterday to have been the ‘first person’ to discuss ‘breaking free’ from the Royal Family with the couple.An insider added that Oprah, 65, had encouraged the pair to ‘do their own thing’ and ‘build their own brand’ in North America.Meghan Markle has already returned to Canada after she and Prince Harry announced their plans to step back as senior members of the royal family earlier in the week. Prince Harry stayed behind in England to clean up the mess and continue the discussion with his family about their plans. The Queen wants princes Charles and William to begin negotiations with Harry, and get a deal done within day.The couple plans to split their time between the U.K. and North America and become “financially independent” from the royal family. Also, the wax figures of Prince Harry and former American actress Meghan Markle are being removed from Madame Tussauds museum in London.last_img read more

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Man Charged With Murdering 95-year old PSL Nursing Home Patient

first_img47 year old William Hawkins is charged with first-degree murder in connection with the death of a 95-year-old man in a nursing home in Port St. Lucie. On Jan. 5, police responded to the Tiffany Hall Nursing Home after receiving a 9-11 call about someone trying to smother a patient.Officers arrived and found a man dead.A certified nursing assistant told police he saw a bald-headed man wearing a dark sweater or jacket and shorts, enter the victim’s room. A short time later, the assistant told the victim’s nurse that an unknown man entered the victim’s room. The nurse saw the stranger in the victim’s room and alerted others.Staffers told investigators that the intruder must’ve had an access code to get into the facility. The executive director of the rehabilitation center told police the patient’s family had 24/7 access to the facility.Later in the morning, detectives identified Hawkins as a possible suspect after looking at names on the victim’s visitors list and comparing descriptions from witnesses. The arrest report says Hawkins had visited Morell at least five times at the nursing home and knew where his room was.Police say the motive may have been money, according to the suspect’s sister, “When their father died, they were supposed to get a large inheritance and they didn’t.”Police arrested Hawkins on the murder charge while he was in custody last week. He was initially arrested on Jan. 6, one day after the murder on grand theft, trespassing, petit theft and burglary charges.A staff member told detectives that she received a call from the Morell’s girlfriend earlier that afternoon. She said she had Power of Attorney and didn’t want Hawkins visiting Morell for fear that he would try to kill him by injecting insulin into his feeding tube. The victim’s girlfriend told police that she was in a relationship with Hawkins and that the victim knew about it.Police say GPS data in Hawkins phone shows he was at the nursing home at the time of the murder.Hawkins, according to police, broke into the victim’s girlfriend’s condo and stole her car keys one the day before the murder. Police found her car submerged in water and abandoned near 1400 E. Midway Road.Morell had been at the facility since Sept. 2019 following a procedure at a hospital to get a feeding tube installed. The autopsy showed he suffered broken or fractured ribs.last_img read more

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Prosecution: No Death Penalty for Killer Clown Suspect

first_imgProsecutors won’t seek the death penalty for a Wellington woman accused of dressing up as a clown and shooting her future husband’s wife in the face.Assistant State Attorney Reid Scott filed a notice Wednesday in Palm Beach County court that the state is NOT seeking the death penalty for Sheila Keen-Warren, who is charged with first-degree murder in the May 26, 1990, fatal shooting of Marlene Warren.Palm Beach County Sheriff’s Office Detective Paige McCann said during a September 2017 news conference that Sheila Keen, as she was known at the time, was dressed like a clown when she fatally shot Marlene Warren at her Wellington home.“Marlene answered the front door and the clown had two balloons, as well as a bouquet of flowers, and went to hand Marlene those items,” McCann told reporters.Marlene Warren, who had been eating breakfast with her then-22-year-old son and several of his friends, was surprised and commented, “How nice.”“It was at that time that the clown pulled out a gun and shot Marlene in the face,” McCann said.The clown then calmly walked back to the white Chrysler LeBaron in which she had arrived and drove away.Marlene Warren died at a hospital two days later.Keen-Warren had long been considered a suspect in the shooting, but it took investigators 27 years to make an arrest. She eventually married Michael Warren in 2002 and moved to Tennessee, where the couple operated a restaurant. She was arrested in Virginia in 2017.The trial is scheduled to begin in May.last_img read more

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