Kepa has had a largely positive first season at Chelsea since arriving from Athletic Bilbao in the summer for £71m.He has played in 54 games across all competitions, conceding 50 goals and keeping 23 clean sheets, seven of which came in their unbeaten run to the Europa League title.Only Liverpool and Manchester City conceded fewer goals than Chelsea in the Premier League this campaign, during which Kepa played 36 of 38 matches.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityGiven he is only 24-years-old, the criticism from Neville could be construed as a bit harsh, although he did admit that the keeper could turn things around after his criticism early in the match by adding: ‘P.s probably man of the match now !’Goals from Olivier Giroud, Pedro and a brace from Eden Hazard gave Chelsea the comfortable 4-1 victory over the Gunners in Baku, despite a brilliant late consolation from Alex Iwobi.MORE: Cesc Fabregas criticises Maurizio Sarri for not bringing on Chelsea captain Gary Cahill in Europa League finalMORE: Cesc Fabregas hits out at Chelsea board as Maurizio Sarri secures Europa League win over Arsenal Advertisement Phil HaighThursday 30 May 2019 7:47 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link133Shares Kepa Arrizabalaga came in for some criticism from Gary Neville (Picture: AMA/Getty Images)Chelsea might have hammered Arsenal 4-1 in the Europa League final on Wednesday night, but Gary Neville still says he ‘can’t accept’ their goalkeeper, Kepa Arrizabalaga.The Spaniard was certainly not to blame for Arsenal’s only goal of the game but he did look a bit nervy early on in the match in Baku, with a poor punch from a cross which nearly gifted the Gunners the lead.There was also a close call when Alexandre Lacazette appealed for a penalty against him, but nothing was given, rightfully so.However, despite these errors being fairly minor and Kepa being on the winning side, former Manchester United and England defender Neville was extremely critical of the keeper.AdvertisementAdvertisementADVERTISEMENTNeville tweeted: ‘Nothing personal but I just can’t accept a keeper like Kepa. He would make every defence a nervous wreck.’Nothing personal but I just can’t accept a keeper like Kepa. He would make every defence a nervous wreck. P.s probably man of the match now ! 🤷🏻♂️— Gary Neville (@GNev2) May 29, 2019 Comment Gary Neville ‘can’t accept a keeper like Kepa’ despite his Chelsea side thrashing Arsenal in Europa League final Advertisement
Vera Kupper Staub – former chief executive of the Pensionskasse for Zurich and now vice-president of Switzerland’s top supervisor, the Oberaufsichtskommission (OAK) – told delegates at the 2014 Swiss Pension Conference (SPC) that pension funds’ investment risks remained “the most difficult to assess”.She said the data on investment risk collected for the OAK’s annual report was “too rudimentary”, with only a “rough breakdown” of the portfolio into equities, bonds, real estate, alternatives, liquidity and unhedged FX-exposure.“But, based on this, it is difficult to really assess the investment risk of a pension fund,” she said.She confirmed that supervisors, pension fund representatives and experts were now discussing new parameters for assessing the risk of pension fund investments, adding that the debate was still “completely open”. Kupper Staub stressed that the OAK was not aiming for a Swiss solvency test for pension funds along the lines of what the Finma, the supervisor for insurers, has put in place for its institutions.For her, the OAK’s main challenges are to “establish a risk dialogue with pension funds”, advance the risk assessment and “establish an understanding that mistakes do happen”.In a personal statement unrelated to her position at the OAK, she noted that the government’s proposal to cap investment in alternatives – as part of the Altersvorsorge 2020 reform – according to a maximum fee level for each pension fund “might not be a good idea”.She pointed out that this would be “a major infringement” on the autonomy of pension fund boards.She added that, under the current system, with trustee boards comprising representatives from both social partners as well as experts, “we have to leave the responsibility for the investment strategy with them”.Kupper Staub noted there was an alternative recommendation by the government to prohibit investments in “opaque” alternative investments, “which is something I can understand”.She also argued that trends towards the individualisation of choices for members within the second pillar were “not in line with the system” or the purposes for which it was created.She said this related particularly to a proposal brought forward by an MP to create tax incentives for pension funds to allow people with higher incomes to take on responsibility to choose their own asset allocation.To date, only a handful of Swiss pension funds have introduced these so-called 1e-plans.Kupper Staub said most people had been shown to make “irrational” choices when it came to long-term savings.“I am not sure whether all these tendencies towards individualisation are really helping the idea behind a Pensionskassen system as a whole,” she said.
Mason City’s mayor Bill Schickel was our guest on “Ask the Mayor” on KGLO. Listen back to the program via the audio player below.