View Comments Grab your carnation corsage and a giant taffeta dress, because it’s prom season! Whether you’re currently in high school or just a big kid at heart, the prom is an excuse to get dressed up, rent a limo and shamelessly make out with your date in front of the entire school. No? Just us? Anyway, with so many adorable couples on the Great White Way, we thought we’d throw our own prom right here at Broadway.com! After dancing the night away to our favorite showtunes, it’s time to crown the prom king and queen of Broadway. Which couple is the most deserving of the honor? Pick your prom king and queen below!
– Advertisement – “The resort bubble would let guests leave their rooms and enjoy on-site amenities while completing the mandatory quarantine while wearing GPS-monitored bracelets,” he said, noting that should Hawaii reinstate the mandatory quarantine for all travelers, these bubbles would make it possible for the resort to remain operational for inter-island travel and for locals.The staff at Timbers is made up of locals and their safety is essential, Mr. Moore said.“Our employees go home, many have large families and they are with parents and grandparents and children, and keeping them safe is essential to everyone’s well-being,” he said.- Advertisement – “What the data suggests so far is that here in Hawaii, testing has been the key to safely reopening,” he said. “We now understand the data and the importance of testing. Testing provides a high level of protection for visitors, staff and residents.”The hotel used to have an in-person welcoming process that included staff members putting leis on guests as they arrived and checking them in with a cocktail in hand. Now, a key is waiting for guests when they arrive, and capacity is capped at 60 percent. Each of the hotel’s 72 suites has its own heating, ventilation and air conditioning system.Gary Moore, managing director at Timbers Kauai at Hokuala, said that the reopening has been “anything but clear,” but what is clear is: “We have to find a way to live with the disease.” Mr. Moore said that despite various challenges, the lessons learned at his property about distancing people, mask enforcement, temperature checking and even separating guests and putting them in “bubbles,” could be applied at other resorts.- Advertisement – Mr. McMillan added that he believes that “in some markets, especially for international travel, until a vaccine is more widely available, testing will become part of the norm.”For Jonathan McManus, the owner of Hotel Wailea Relais & Chateaux in Maui, testing presents a way to reopen safely after months of carrying an empty property. He says it will let him keep employees in jobs.- Advertisement –
The Pension Protection Fund (PPF), the UK’s lifeboat fund, has set out its expectations for the next three years, suggesting it could reach £22bn (€27bn) in assets under management (AUM).By 2017, the fund will have grown from its current size of £15.6bn and seen the number of members grow from 204,000 to 280,000.The PPF said it saw 120 schemes transfer into the fund over the last financial year, which will be joined by 80 schemes this year, and 90 schemes each in the following two.Its expenditure on fund management fees is expected to rise from £85.4m to £120.6m, in line with its growth in AUM. It also confirmed it was on track to complete its funding mission of self-sufficiency, expected by 2030.Elsewhere, research conducted by the National Association of Pension Funds (NAPF) showed the recent changes announced in the Budget to DC at-retirement options would lead to growth in second-pillar savings.Some 28% of workers contacted by the lobby group said they were now more likely to start, or increase, saving in a pension scheme following the Budget.This compared to 3% who said they were less likely to save, or stop entirely.The research also highlighted potential issues for DC investment strategies, with a quarter (24%) saying they would take their entire pension in cash.However, 58% said they preferred to receive a regular income, such as an annuity.Some 19% agreed they would take the cash irrespective of whether they had other savings elsewhere, suggesting the number of pensioners choosing this route could be significantly higher than the government anticipates, the NAPF said.And finally, the monthly bulk annuity market monitor, produced by Aon Hewitt, showed pricing for both buyouts and buy-ins were better than 12 months previous.It also showed growth in assets would leave schemes in a much better position for a buyout than many trustees expected.However, it also argued the Budget had had little impact on bulk annuity pricing, despite expectations individual annuity providers would shift business towards the bulk space, potentially leading to a competitive lowering of prices.Authors of the report, Dominic Grimley and Paul Belok, said: “This will help to sustain competition in the bulk annuity market as demand from schemes rises.“We do not expect bulk annuity pricing to react materially in the short term, as the market is already competitive.”