Lettuce kicked off their first annual Fool’s Paradise event last night, hosting artists like Goldfish, Marvel Years, and GRiZ at the St. Augustine Amphitheatre in St. Augustine, FL. Not only did Lettuce perform a full set of raging tunes, but the band performed their first-ever collaboration with GRiZ. Dubbed “Lettuce-GRiZ,” the beloved saxophonist/producer unplugged and jammed hard with Lettuce for what was a major highlight of the first day at Fool’s.Among the songs performed was GRiZ’s funky tune, “Stop Trippin’.” Thanks to joshua lapoint, we have some fan-shot video from the performance:Keep it tuned to Live for Live Music for more Fool’s Paradise content! Today’s event will feature performances from Lettuce, Brasstracks, The Nth Power, Vulfpeck, and Chris Robinson’s Soul Revue (ft. Neal Casal, Ivan Neville, George Porter Jr., and more). More information for the festival can be found here.[Photo by Jeremy Scott]
Insurer Prudential has committed to fund a £1bn (€1.2bn) tidal power plant, one of hundreds of projects part of the UK government’s national infrastructure plan (NIP).Investing through its wholly-owned asset management arm M&G Investments, the insurer will act as a cornerstone investor in a project looking to build a hydro-power station in Swansea, South Wales.The completed project is estimated to cost £1bn and aims to become part of a network of tidal plants that could produce 8% of the UK’s electricity requirements.It is expected to open in 2018, with construction scheduled to begin early next year. Commitments from Prudential form part of the UK Government’s agreement with six of the largest insurer’s to spend £25bn on UK infrastructure.The agreement between HM Treasury and the insurers was made after clarifications of Solvency II regulations made the allocation to domestic infrastructure possible, the Government said at the time.Much of the £25bn was expected to be come from insurers’ annuity books, as the firms formed a significant section of the UK individual annuity market.Prudential’s move may alleviate concerns insurers would not be able to stand by their commitment.Three months after the £25bn agreement was announced, Chancellor George Osborne launched radical overhaul of the defined contribution (DC) at-retirement market, removing compulsory annuitisation for majority of savers.The change resulted in more than £1bn wiped off the value of insurers listed on UK stock markets, heavily reliant on the individual annuity business.The £12bn a year individual annuities market was expected to take a significant hit in value with savers now allowed fully withdraw savings as cash, or electing to use income-drawdown.However, alongside Prudential’s investment, Legal & General (L&G) also affirmed its commitment to the plan despite the hit and long-term impact on its individual annuities book.Michael Abramson, head strategic business for bulk annuities at L&G, said the insurer would use its bulk annuity arm to back the commitment as it expected its overall annuity book to grow.The number of insurers using bulk annuity business from defined benefit (DB) schemes to match falling individual writings is expected to grow after the Budget reforms.Legal & General today announced a £129m buy-in with the Unaic Pension Scheme, part of the Unilever group.
THE Blairmont Cricket Club will be hosting its annual fund-raiser, the Blairmont Cup Floodlight Reload, on April 30 at the Blairmont Estate ground. This is the third consecutive year that the competition would be held.Ten top teams will be competing in the main event – the 10/10 cricket competition. The teams likely to participate are: Blairmont Cricket Club Blazers, D’Edward Super Kings, Cotton Tree Die Hard, Albion Sports Club, Rose Hall Youth and Sports Club, Cold Fusion, Young and the Restless, Bush Lot, Enterprise and Young Warriors.In 2016, Blairmont Cricket Club’s West Side Titans were the winners and Rose Hall Town Youth and Sports Club were runners-up. In 2015, Cotton Tree Die Hard emerged champions, while Blairmont Cricket Club came in as runners-up.“The tournament will have nine exciting matches, while there will also will be an Over-40 exhibition game. There will be live commentary by international commentator, Inderjeet Persaud, while tassa drumming and air horn giveaway will make the atmosphere buzz,” the organisers said in a release.There will also be a dominoes competition involving 15 teams, starting at 12:30hrs, and a three-a-side volleyball tournament, geared at encouraging individuals to participate in physical activity.Other attractions on the day will include barbecue sale, tassa drumming, bouncy castle, ice cream giveaway and cartoon characters walking around.