Your daily outdoors update for February 19th, the day Fleetwood Mac released “Rumours” in 1977.APPALACHIAN TRAIL CONSERVANCY REPORTS RECORD VOLUNTEER HOURS FOR 2013Volunteers devoted a record number of hours last year to maintain the Appalachian Trail for hikers to use. The Appalachian Trail Conservancy (ATC) announced that close to 6,000 volunteers donated approximately 245,500 hours by the end of the federal fiscal year on September 30, 2013.Since the ATC began reporting volunteer hours in 1983, volunteers have devoted 4.9 million hours to the A.T., and there has been a 33 percent increase in volunteer hours over the past 10 years. In 2013, volunteers helped maintain the A.T. corridor, monitor and remove invasive species, and support teachers in the Trail to Every Classroom (TTEC) program.“The Appalachian Trail Conservancy exists because of the generosity, talents and support of our volunteers – they are the very soul of the Appalachian Trail,” said Ron Tipton, executive director of the ATC. “The record number of volunteer hours reported for fiscal year 2013 illustrates a continued dedication to the preservation and management of the Trail.”E-BIKES AT NORTH AMERICAN HANDMADE BICYCLE SHOWThe North American Handmade Bicycle Show, held from March 14-16 in Charlotte, North Carolina, is the world’s largest and most influential custom bike show, holding a reputation for creativity and innovation. This year, Gates Carbon Drive, maker of the leading belt drive system for bicycles and eBikes, plans to display the first-ever “Custom eBike Showcase” featuring a dozen original electric bicycles.Partnering with leading electric bike system companies Bosch, SRAM, and BionX, as well as hub maker NuVinci, Gates enlisted some of America’s finest custom builders to create the belt drive eBikes for the show.“Electric bikes can get more people out of cars and onto two wheels, and we want to expose more Americans to this efficient, affordable, and healthy transportation solution,” said Todd Sellden, global director of Gates Carbon Drive.The market for eBikes is growing as well. Sales have doubled annually in Europe and the United States for the past several years.Giant Snowball Gets Out of ControlAfter 12 inches of snow dumped on Reed College in Portland, Oregon, one student attempted to make the world’s biggest snowball. By the end of the day on February 8th, the snowball was three feet in diameter and weighed approximately 800 to 900 pounds.As surrounding students chanted “Roll it!,” two math students sent the snowball barreling down a hill where it proceeded to crash into a dormitory wall.Maintenance workers spent 45 minutes cutting through the snowball to discover that wall was ripped off its studs. Damage repairs are estimated between $2,000 and $3,000. No word as to whether or not the students kept playing in the snow.
Employees in the UK saved £98.4bn (€86bn) across public and private sector workplace pension schemes last year, up by £5.3bn on the total amount saved the year before in 2019 earnings terms.Published by the Department for Work and Pensions (DWP) today, the statistics showed that the £98.4bn was saved by 19.2 million workers, 88% of the eligible employers.In 2012, when automatic enrolment kicked in, 8.5 million workers were saving.Experts hailed the statistics as a sign of the boost delivered by auto-enrolment, while expressing concern about the impact the economic ramifications of the coronavirus pandemic might have. “Close to eight years since auto-enrolment was introduced, today’s figures reveal how pivotal the scheme has been in encouraging people to engage with pension saving,” said Maike Currie, investment director at Fidelity International.“It’s encouraging to see high levels of participation among younger employees, with the gap in participation rates between age groups narrowing since 2012.”She also noted that the figures showed a growing number of women opting into schemes, with participation rates in the private sector one percentage point higher for women in 2019 for full-time employees.Helen Morrissey, pension specialist at Royal London, also said the new figures showed the positive impact auto-enrolment has had, and expressed hope that any coronavirus impact would be contained.“In the coming months we are likely to see huge job losses and those who remain in work may feel the need to reduce or even stop contributing to a pension,” she said. “While this is understandable during such uncertain times we hope it will be relatively short term and people must ensure they resume their pension saving so they don’t risk long term damage to their financial security in retirement.”The DWP statistics can be found here.MetLife enters UK longevity reinsurance marketMetropolitan Tower Life Insurance Company, a subsidiary of US insurer MetLife, has carried out its first UK longevity reinsurance transaction.The deal is with Pension Insurance Corporation (PIC), covering around £280m of pension liabilities.“This is a positive development for both PIC and for market capacity as a whole”Khurram Khan, head of longevity risk at PIC“This transaction marks an important milestone in MetLife’s strategy and gives us the opportunity to apply our experience managing risk to a new market,” said Graham Cox, executive vice president and head of Retirement & Income Solutions at MetLife.“With this transaction, MetLife is establishing itself as a reinsurance solution for direct insurers in the UK.”Khurram Khan, head of longevity risk at PIC, said the transaction was “a positive development for both PIC and for market capacity as a whole”.Brunel chooses Macquarie for transition managementLocal authority pension pool Brunel Pension Partnership has appointed Macquarie’s portfolio solutions team to provide transition management solutions for a series of upcoming mandates.David Cox, head of listed market investments at Brunel said: “Macquarie was an excellent choice from a competitive tender process for our upcoming transitions.“Having partnered with them extensively, they have become a trusted transition partner for our clients.”David Goodman, head of Macquarie’s portfolio solutions business in EMEA, said: “The asset pooling currently being undertaken by the UK’s local government pension schemes is the largest movement of assets in the industry to date.“Given the heightened market volatility we are currently seeing, we’re pleased to partner with Brunel again and help their clients navigate these increasingly uncertain times.”Looking for IPE’s latest magazine? Read the digital edition here.
IMCA Xtreme Motor Sports Modifieds – 1. Zane DeVilbiss, Farmington, N.M., 265; 2. Hunter Marriott, Brookfield, Mo., 248; 3. Tim Ward, Gilbert, Ariz., 236; 4. Jeffry Sheppard Jr., Golden Valley, Ariz., 222; 5. Brian Schultz, Casa Grande, Ariz., 221; 6. John Parmeley, Phoenix, Ariz., 185; 7. Lance Mari, El Centro, Calif., 183; 8. Collen Winebarger, Corbett, Ore., 175; 9. Ricky Thornton Jr., Chandler, Ariz., 169; 10. Marlyn Seidler, Underwood, N.D., 162; 11. Ryan McDaniel, Olivehurst, Calif., 160; 12. Tyler Mecl, Queen Creek, Ariz., 149; 13. Shawn Strand, Mandan, N.D., and Spencer Wilson, Minot, N.D., both 148; 15. Paul Stone, Winton, Calif., 144; 16. Garrett Funk, Phoenix, Ariz., and Mike Jergens, Plover, Iowa, both 141; 18. Eric Center, Mesa, Ariz., 134; 19. George Fronsman, Surprise, Ariz., 126; 20. Mark Stewart, Sedona, Ariz., 124.IMCA Sunoco Stock Cars – 1. Manny Baldiviez, Chula Vista, Calif., 118; 2. Joey Essary, Yuma, Ariz., 109; 3. Steven Daffern, Brawley, Calif., 103; 4. Jimmy Davy, Yuma, Ariz., 102; 5. Henry Buijnorouski, Yuma, Ariz., 97; 6. Jordan White, Yuma, Ariz., 94; 7. Andy Altenburg, Truman, Minn., 79; 8. Jon Courchaine, Pound, Wis., 74; 9. Race Fisher, Dove Creek, Colo., 70; 10. Thomas Daffern, Brawley, Calif., 66; 11. Tony Hill, Cortez, Colo., 62; 12. David P. Jones, Chandler, Ariz., 37; 13. Paul Pilgrim, Yuma, Ariz., 34; 14. Travis Dove, El Centro, Calif., 31.IMCA Sunoco Hobby Stocks – 1. Jason Beshears, Yuma, Ariz., 113; 2. Leonard Jones, Yuma, Ariz., 110; 3. Frank Maisano, Yuma, Ariz., 97; 4. Leonard Manos, Yuma, Ariz., 73; 5. Steve Stone, Yuma, Ariz., 67; 6. Brent Wofford, Yuma, Ariz., 64; 7. Tim Whitehead, Yuma, Ariz., 62; 8. Wayne Rebello, Alpine, Calif., 35.Karl Chevrolet Northern SportMods – 1. Fred Ryland, Brentwood, Calif., 119; 2. Chris Toth, Holtville, Calif., 116; 3. Wayne Dotson, Bakersfield, Calif., 103; 4. Richard Mueller Jr., Jackson, Wyo., and Joshua Cordova, Somerton, Ariz., both 101; 6. Miles Morris, Yuma, Ariz., 99; 7. Corey Clayton, El Centro, Calif., and Kyle Smith, Yuma, Ariz., both 97; 9. Steve Kihle, Williston, N.D., 91; 10. Thomas Harrison, Somerton, Ariz., 87; 11. Cody Daffern, Brawley, Calif., 74; 12. James Dupre, Yuma, Ariz., 73; 13. Megan Ponciano, Oakley, Calif., 72; 14. Josh Hensley, Atwater, Calif., 70; 15. Jeremy Hoff, Copperopolis, Calif., and Al Johnson, Antioch, Calif., both 68; 17. Ryan Larimer, Merced, Calif., 62; 18. Matt Mayo, Bakersfield, Calif., 61; 19. Ronald Pegues, Brawley, Calif., 59; 20. Anthony Giuliani, Morgan Hill, Calif., 56.
Starting out as a publicist, he founded Hot Rod magazine in 1948 while trying to promote the custom-designed car show at the Los Angeles Armory. The following year, he launched Motor Trend for automobile enthusiasts. A dozen of other specialty consumer magazines followed, including Guns & Ammo, Sport, Motorcyclist, Hunting, Mountain Biker, Photographic, Teen and Sassy. Petersen was survived by his wife. A funeral was planned for Thursday at Holy Cross Cemetery in Culver City. Robert E. Petersen, the publishing magnate whose Hot Rod and Motor Trend magazines helped shape America’s car culture and who gave millions to a museum dedicated to his passion, has died. He was 80. Petersen died Friday of complications from neuroendocrine cancer at St. John’s Health Center in Santa Monica, said Dick Messer, director of the Petersen Automotive Museum in Los Angeles. “Mr. Petersen helped create and feed the American obsession with the automobile, delivering gasoline-powered dreams to the mailboxes of millions,” Messer said. The son of an auto mechanic, Petersen came of age in Southern California as the region and its cultural innovations – be it drag racing, drive-through restaurants or freeways – developed out of the car.