Beneficiary account – Sarah Long http://sarahlong.org/ Sun, 28 Nov 2021 22:00:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://sarahlong.org/wp-content/uploads/2021/10/icon-44-120x120.png Beneficiary account – Sarah Long http://sarahlong.org/ 32 32 Alternative gifts: university savings account https://sarahlong.org/alternative-gifts-university-savings-account/ Sun, 28 Nov 2021 19:36:45 +0000 https://sarahlong.org/alternative-gifts-university-savings-account/ SAN FRANCISCO (KRON) – When kids wake up on Christmas morning, they want to see toys under the tree and treats in their stockings. But if you’re looking to make a more meaningful impact on your nieces and nephews, perhaps your grandchildren, now is the time to think outside the box. One type of gift […]]]>

SAN FRANCISCO (KRON) – When kids wake up on Christmas morning, they want to see toys under the tree and treats in their stockings.

But if you’re looking to make a more meaningful impact on your nieces and nephews, perhaps your grandchildren, now is the time to think outside the box.

One type of gift that might not be as fun now but will make a huge difference later: a gift to cover school fees.

Patricia Roberts is the author of “Route 529: A Parents Guide to Saving for College and Vocational Training with 529 Plans” and a mother who successfully got her son to college debt free.

Roberts is a leading expert in helping families avoid or minimize student loan debt.

Roberts says that because college and other forms of post-secondary education are expensive, a giveaway to a 529 college savings account is easy, and even small amounts of money can add up.

When you think about giving a gift for the holidays, traditional gifts like toys and clothing often get too big and their value is quickly overwhelmed, while an investment in a child’s future can increase in value.

A 529 college savings account is a special type of savings / investment account named after Section 529 of the Internal Revenue Code.

It grows tax free and the CA scheme is one of the most popular.

It’s called Scholarshare and can be used for many forms of post-high school education (two-year, four-year colleges and universities, business and technical schools, graduate and vocational studies across the United States and even across the United States. the world).

The money inside the account can cover tuition, fees, room and board, books, supplies, and even computers.

There are three ways to give a gift for higher education:

1. Open their own account.

With 15 minutes and $ 25, donors can open their own $ 529 college savings account for a child they care about and create a tradition of giving for birthdays, holidays, and other special occasions. You don’t need to be a parent or even related to the child you’re opening the account for. Any adult can open an account for any beneficiary.

2. Contribute to an established account. Offer to contribute to an account that the parents of a child have already set up.

Most of the 529 education savings plans have easy-to-use tools that make it easy for account holders to invite friends and family to contribute to already established accounts. By sharing a simple contribution barcode, loved ones can contribute to a child’s college account – rather than spending a lot of time, money, and effort searching for the “right gift”.

3. Buy a gift card that can be used in most college savings accounts.

For gift givers who don’t want to spoil the surprise of a college giveaway, unique gift cards (available in retail stores and online) can be offered and can be used as an initial contribution on a new one. account. or subsequent contribution to an account already opened.

For more information visit ScholarShare 529 and College donation.


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Deutsche Bank launches Swift beneficiary account verification service https://sarahlong.org/deutsche-bank-launches-swift-beneficiary-account-verification-service/ Thu, 25 Nov 2021 00:01:12 +0000 https://sarahlong.org/deutsche-bank-launches-swift-beneficiary-account-verification-service/ Deutsche Bank has rolled out Swift’s new Payee Account Validation (BAV) service, allowing customers to verify payee account details before sending an international payment instruction. The service enables Deutsche to ensure that payments from its customers reach the intended payee using the correct account information, validating the information centrally through Swift. The bank can also […]]]>

Deutsche Bank has rolled out Swift’s new Payee Account Validation (BAV) service, allowing customers to verify payee account details before sending an international payment instruction.

The service enables Deutsche to ensure that payments from its customers reach the intended payee using the correct account information, validating the information centrally through Swift. The bank can also use it to respond to incoming validation requests.

More than 70 banks have so far subscribed to the BAV service, but Deutsche Bank is the first to deploy the system globally, creating a simple API layer on top, allowing it to validate accounts in its global markets in real time.

The German lender also plans to integrate BAV into its online cash management channel next year, where customers could pre-validate their payee accounts while payments are created online.

Jose-M Buey, Global Head of Core Platforms and Account Solutions, Deutsche Bank Corporate Bank, said: “The BAV service not only solves a key market problem that prevails today, but also brings operational benefits. important in terms of end-to-end efficiency. and reducing fraud to our corporate clients.

“It’s also a clear example of how API technology can be used to create an innovative solution that aligns perfectly with our strategy of building a real-time API-based account platform. ”


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Odisha man returns Rs 8 lakh wrongly credited to his account – the New Indian Express https://sarahlong.org/odisha-man-returns-rs-8-lakh-wrongly-credited-to-his-account-the-new-indian-express/ Wed, 24 Nov 2021 04:19:00 +0000 https://sarahlong.org/odisha-man-returns-rs-8-lakh-wrongly-credited-to-his-account-the-new-indian-express/ Through Express news service JAGATSINGHPUR: A Naugaon businessman in Jagatsinghpur has received praise from many for returning Rs 8 lakh which was mistakenly credited to his bank account a few days ago. A plywood and aluminum trader in Bhubaneswar, Arun Ojha (37) received a message on Saturday indicating that an amount of Rs 8 lakh […]]]>

Through Express news service

JAGATSINGHPUR: A Naugaon businessman in Jagatsinghpur has received praise from many for returning Rs 8 lakh which was mistakenly credited to his bank account a few days ago. A plywood and aluminum trader in Bhubaneswar, Arun Ojha (37) received a message on Saturday indicating that an amount of Rs 8 lakh had been credited to his bank account. Upon verification, he discovered that the amount had been deposited with an HDFC bank in Uttar Pradesh.

Ojha said that customers typically deposit around 50,000 rupees to a maximum of 1 lakh rupee and therefore was surprised to see such a huge amount deposited into his account. When in doubt, he called his clients to reconcile, but all denied sending the money.

On the same afternoon, Ojha received a phone call from a person who identified himself as the manager of the HDFC Bank branch in Balia (Uttar Pradesh) and informed him that said branch had wrongly filed the money in his account in place of the original beneficiary.

A man of conscience, Ojha admitted receiving the amount and asked for the name and bank details of the original claimant who was based in Balia (UP). The manager then shared the necessary details and Ojha transferred the money to the man’s account.


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Benefit claimants warned of deadline for closing accounts in government rule change https://sarahlong.org/benefit-claimants-warned-of-deadline-for-closing-accounts-in-government-rule-change/ Sat, 20 Nov 2021 05:00:00 +0000 https://sarahlong.org/benefit-claimants-warned-of-deadline-for-closing-accounts-in-government-rule-change/ Households are warned of an impending deadline that could leave them without their benefits if they do not act quickly. The government closes postcard accounts in order to pay state benefits, allowances and pensions to members of the public. And for those who receive money from HM Revenue and Customs, all of those accounts must […]]]>

Households are warned of an impending deadline that could leave them without their benefits if they do not act quickly.

The government closes postcard accounts in order to pay state benefits, allowances and pensions to members of the public.

And for those who receive money from HM Revenue and Customs, all of those accounts must be closed as of November 30, 2021.

READ MORE: HMRC issues warning about rule change that could stop tax credit payments

About 24,000 HMRC customers with postcard accounts now have less than two weeks to update the service with new payment information before the November 30 deadline, or risk having payments stopped.

As of December 1, 2021, HMRC will stop paying Labor Tax Credits, Child Tax Credits, Family Allowances, and Guardian Allowances to postcard accounts.

HMRC urges account holders to contact them to update their bank details in order to continue receiving payments without interruption.

Customers can choose to receive their benefits and credits into the account of a bank, building society, or credit union. If they already have another account, they can contact HMRC now to update their details.

Family Allowance and Guardianship Allowance clients can use their personal tax account to provide revised account details, change their bank details via GOV.UK or by contacting the child benefit helpline on 0300 200 3100.

Customers can benefit from tax credits change bank details by contacting the Tax Credit Hotline on 0345 300 3900. If clients cannot open a bank account, they should contact HMRC.

READ MORE: DWP could pay up to £ 1,000 in emergency Christmas cash to anyone with these benefits

Myrtle Lloyd, General Manager of Client Services at HMRC, said, “Time is running out for clients who have used a postcard account to get payments from us. They need to give us their new account details now to avoid their payments being suspended. .

“They can update their information online or by calling us, and they must be very careful to avoid passing personal information on to scammers who contact them and claim to be HMRC members.”

If a customer misses the November 30 deadline, their payments will be suspended until the customer notifies HMRC of their new account details.

The Monetary Advice and Pensions Service offers information and advice on how to choose the right checking account and How to open an account.

READ MORE: HMRC Warns Self-Employed They May Need To Pay Back SEISS Grants

HMRC recently reached out to customers to urge them to take action.

He urges everyone to be vigilant if they are contacted unexpectedly by someone asking for money or personal information.

Customers must always enter the full online address www.gov.uk/hmrc to access the correct HMRC contact details.

HMRC says it sees a large number of scammers sending emails, calls or texts to people claiming to be in the department.

When in doubt, HMRC advises not to respond directly to anything suspicious, but to contact them immediately and search GOV.UK for “HMRC scams”.

READ MORE: HMRC warning as thousands of families lose £ 9,000 a year due to family allowance rules

HMRC said it wrote to affected customers advising them of the closure of their postcard accounts.

Post office account closures will not affect DWP benefit recipients for another year.

In September 2021, the Department of Work and Pensions (DWP) announced that it had accepted a 12-month extension for its customers who use a postcard account.

If HMRC customers also receive DWP payments, this extension only applies to DWP related payments.

Get the latest benefits and policy news with our free daily newsletters straight to your inbox – you can sign up here

Before you go, please check out our Christmas Brumwish call here


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Saudi Arabia’s Citizen Account Program deposits $ 506.5 million in beneficiary accounts https://sarahlong.org/saudi-arabias-citizen-account-program-deposits-506-5-million-in-beneficiary-accounts/ https://sarahlong.org/saudi-arabias-citizen-account-program-deposits-506-5-million-in-beneficiary-accounts/#respond Wed, 10 Nov 2021 19:08:28 +0000 https://sarahlong.org/saudi-arabias-citizen-account-program-deposits-506-5-million-in-beneficiary-accounts/ Turkey’s current account posts surplus for second consecutive month: Economic review Turkey current account Turkey’s current account posted a surplus of $ 1.7 billion in September, according to the market estimate, compared to a deficit of $ 2.3 billion in the same month of 2020. The second consecutive month of current account surplus as the […]]]>

Turkey’s current account posts surplus for second consecutive month: Economic review

Turkey current account

Turkey’s current account posted a surplus of $ 1.7 billion in September, according to the market estimate, compared to a deficit of $ 2.3 billion in the same month of 2020.

The second consecutive month of current account surplus as the services account surplus widened to $ 3.7 billion from $ 1.8 billion in 2020, and the goods account gap fell to $ 1.0 billion versus $ 3.8 billion.

Manufacturing production in the UK

Production at UK factories rose 2.8% year-on-year in September 2021, falling short of market expectations of 3.1% and indicating the slowest growth in seven months.

Meanwhile, manufacturing output declined on a monthly basis to -0.10% in September from 0.50% in August 2021.

The manufacturing sector fell 0.1% month-on-month, weighed down by contractions in coke and refined petroleum product manufacturing, with 28.6% remaining below pre-pandemic levels. The downward pressure also came from the manufacturing of computers, electronics and other optical products.

Eurozone interest rate

European Central Bank President Christine Lagarde told a press conference that the medium-term inflation outlook remains weak and therefore the ECB is unlikely to raise interest rates on the next day. Next year.

At its last monetary policy meeting, the European Central Bank left its monetary policy unchanged and again pledged to keep interest rates at record levels until inflation hits the target of 2% of the ECB by the middle of its forecast horizon and remains at a low level there. on a sustainable basis.

Mexico Industrial Production

Mexico’s industrial production rose 1.6% in September 2021 from a year earlier, slowing from a revised upward increase of 5.5% in the previous month and falling short of market expectations for a rise 3.9%.

The latest reading also pointed to the seventh consecutive month of expansion in the industrial sector, although it was the lowest in the current streak as international supply chains face severe disruption, represented by shortages of materials and high energy prices.

On a seasonally adjusted monthly basis, industrial production unexpectedly declined 0.4 percent after a revised stable reading in August and compared to market estimates for an increase of 0.1 percent.

Brazil Retail sales

Brazilian retail sales contracted 1.3% from the previous month in September 2021, down from a revised upward 4.3% drop in the previous month, falling short of market expectations for a decline of 0.6 %.

Meanwhile, the trade has fallen to six of the eight categories. A further decline was noted in household and personal goods of -2.2%.

Trade in pharmaceutical, medical and orthopedic products has increased. On an annual basis, retail sales fell 5.5%, beating market expectations for a 4.3% decline.


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How to open a new account online https://sarahlong.org/how-to-open-a-new-account-online/ https://sarahlong.org/how-to-open-a-new-account-online/#respond Tue, 09 Nov 2021 18:15:15 +0000 https://sarahlong.org/how-to-open-a-new-account-online/ ONLINE ACCOUNT OPENING – COMING SOON! Open a browser and navigate to https://www.fmbankva.com/ If you are an F&M Bank customer with an online banking username and password, enter this information at the top right to connection. If you need to sign up for online and mobile banking, choose Register for online banking directly under the […]]]>

ONLINE ACCOUNT OPENING – COMING SOON!

Open a browser and navigate to https://www.fmbankva.com/

If you are an F&M Bank customer with an online banking username and password, enter this information at the top right to connection.

If you need to sign up for online and mobile banking, choose Register for online banking directly under the login portal.

Enter your username and password to log into online banking and open your new account.

Please note that for security reasons, two-factor authentication is required. A temporary password by SMS, phone call or by the Authy application if it has already been installed.

Click once on the three-dot button at the top right (…)

To choose Add an account and on the next screen, click Opening an account.

If you do not have an F&M Bank account, choose New account to start.

If you are an F&M Bank customer, choose Existing customer to start.

Note: After 15 minutes of inactivity, the process will time out for your safety.

On the next screen, click Staff.

Here you will choose your preferred bank location with the account you want to open: Check, savings, money market or CD. You’re just steps away from your new account!

Make sure to click on the + sign to choose your debit card option.

On the following screens, you will enter your personal information, contact details, joint account and beneficiary status, and upload a photo of your driver’s license or state-issued photo ID. If you are a current customer of F&M Bank, some information will be automatically filled in for your convenience.

Once you have completed the steps listed above, you will be prompted to review the disclosures and electronically sign to approve your new account.

Within two working days you will receive a confirmation email from F&M Bank. If no action is taken, you will receive a reminder email after ten days.

Congratulations on your new F&M Bank account! We value your business!


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How to read your Epfo account balance statement https://sarahlong.org/how-to-read-your-epfo-account-balance-statement/ Tue, 09 Nov 2021 08:00:00 +0000 https://sarahlong.org/how-to-read-your-epfo-account-balance-statement/ The Caisse de Prévoyance des Salariés (EPFO), the nodal body of the Caisse de Prévoyance des Salariés (EPF), allows subscribers to consult their balance online. Commonly referred to as a passbook, the document lists the entries of subscriber and company contributions for each month as well as retirement expenses. The passbook also contains the interest […]]]>

The Caisse de Prévoyance des Salariés (EPFO), the nodal body of the Caisse de Prévoyance des Salariés (EPF), allows subscribers to consult their balance online. Commonly referred to as a passbook, the document lists the entries of subscriber and company contributions for each month as well as retirement expenses. The passbook also contains the interest credited to the beneficiary’s account.

Here is the detail of the different heads of the EPF booklet:

Establishment identifier and company name (employer)

The booklet mentions the establishment ID, which is a 7-digit number (the first two digits are usually zeros) assigned to each organization covered by the EPF 1952 scheme. It also mentions the name of the company in which the employee is currently working.

Member ID and Member (Employee) Name

The booklet then mentions the name of the employee as well as his membership number. The Member ID is the number given by EPFO ​​to allow the employer to submit the EPF and EPS contributions for the employee.

Note that if the subscriber has multiple EPF accounts, he / she will have separate passbooks for each account which he / she can access using the specific member ID after logging into the account.

Share of the employee and the employer in the contribution

The PF statement / booklet indicates the distribution of the monthly contributions of the employees and the employer in rupees. The part that goes to EPS is also shown separately.

Subscribers should note that the contributions mentioned here are not the same despite the fact that employees and employers contribute 12 percent equally. Indeed, the entire employer’s share is not transferred to the EPF kitty. Part of the employer’s contribution is diverted to PSE.

Interest earned

Interest received on employee and employer contributions is credited once a year to the PF account. Interest earned is calculated on monthly account balances. The PF statement bears the interest rate on which the calculations are based, as declared by the government.

EPFO had reported 8.5% for the 2019-2020 fiscal year. This is the lowest interest rate in the past seven years. In 2018-2019, interest was set at 8.65% while in 2017-2018, it was 8.55%.

Withdrawals

All withdrawals made by the subscriber are also displayed and counted accordingly.

EPFO authorizes the subscriber to make a partial withdrawal or an “advance” from the PF corpus in certain circumstances. A different percentage is allowed for each situation.

How to check the EPF balance?

To check the EPF balance, subscribers must have activated their Universal Account Number (UAN). The UAN is an identification number mentioned in an employee’s monthly pay slip. It is unique for each employee affiliated to the EPF scheme.

Here is a step-by-step guide on how to check EPF balance through EPFO ​​website:

Step 1: Visit the official EPFO ​​website – epfindia.gov.in and log in

2nd step: Go to the “Our services” tab and choose the option that says “for employees”

Step 3: Click on the ‘Member Passbook’ option under the ‘Services’ option

Step 4: The EPF booklet page – passbook.epfindia.gov.in – will appear. Enter username (also called UAN) and password

Step 5: Once logged in, the details of the relevant job can be selected. For example, someone who worked in four different organizations would have a choice of four different Member IDs. Once a Member ID is selected, the EPF Booklet can be viewed. The passbook indicates the current balance of the EPF account

The Employee Provident Fund or EPF acts as a savings tool for employees. In the EPF accounts, employees contribute 12 percent of their wages, and an equal amount is paid by employers.

(Edited by : Ajay Vaishnav)

First publication: STI


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PNB offers free Rs 2 lakh to these account holders, know in details https://sarahlong.org/pnb-offers-free-rs-2-lakh-to-these-account-holders-know-in-details/ https://sarahlong.org/pnb-offers-free-rs-2-lakh-to-these-account-holders-know-in-details/#respond Sun, 07 Nov 2021 16:43:40 +0000 https://sarahlong.org/pnb-offers-free-rs-2-lakh-to-these-account-holders-know-in-details/ If you also have an account with Punjab National Bank (PNB), let us tell you that the bank offers you many facilities. In fact, PNB offers free insurance up to Rs 2 lakh to its customers. The bank provides this facility to account holders of Jan Dhan accounts. Apart from this, the customers can also […]]]>

If you also have an account with Punjab National Bank (PNB), let us tell you that the bank offers you many facilities. In fact, PNB offers free insurance up to Rs 2 lakh to its customers. The bank provides this facility to account holders of Jan Dhan accounts. Apart from this, the customers can also take advantage of many other facilities of the bank.

You will receive 2 lakhs free of charge. On behalf of the bank, the PNB Rupay Jandhan Card facility is offered to clients of Jan Dhan. On this card, the bank offers customers the possibility of accident insurance coverage up to Rs 2 lakh. With the help of the Rupay card, you can withdraw money from the account and make purchases.

There is also an option to transfer the basic savings account to the Jan Dhan Yojana account. Those with Jan Dhan accounts get the RuPay PMJDY card from the bank. The sum insured for RuPay PMJDY cards issued on Jan Dhan accounts open until August 28, 2018 will be Rs 1 lakh. Accidental cover benefits up to Rs 2 lakh will be available on RuPay cards issued after August 28, 2018.

Learn to claim?

Let us tell you that the individual insurance policy under this plan also covers the incident outside of India. The claim will be paid in Indian rupees according to the sum insured upon presentation of the required documents. The beneficiary can become nominee on the cardholder’s or legal heir account by court order.

If you want to open your new Jan Dhan account, you can easily do this job by going to the nearest bank. For this, you must complete a form at the bank. Name, mobile phone number, bank branch name, applicant’s address, applicant, profession / occupation and annual income and number of dependents, SSA code or number neighborhood, village code or city code, etc. must be indicated there.

(Sources: news18.com)


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CMOs will represent four of the top five bioproduction capacities in 2025: CPhI Worldwide Report https://sarahlong.org/cmos-will-represent-four-of-the-top-five-bioproduction-capacities-in-2025-cphi-worldwide-report/ https://sarahlong.org/cmos-will-represent-four-of-the-top-five-bioproduction-capacities-in-2025-cphi-worldwide-report/#respond Fri, 05 Nov 2021 09:11:52 +0000 https://sarahlong.org/cmos-will-represent-four-of-the-top-five-bioproduction-capacities-in-2025-cphi-worldwide-report/ Read the article The third part of the CPhI annual report is published with key findings for biologics manufacturing, biotechnology and CDMOs. CPhI experts – Dawn Ecker, Managing Director, bioTRAK Database Services, BDO and Fiona Barry, Editor, GlobalData PharmSource – are looking to 2025 to predict future biologics demand by volume, as well as total […]]]>

Read the article

The third part of the CPhI annual report is published with key findings for biologics manufacturing, biotechnology and CDMOs.

CPhI experts – Dawn Ecker, Managing Director, bioTRAK Database Services, BDO and Fiona Barry, Editor, GlobalData PharmSource – are looking to 2025 to predict future biologics demand by volume, as well as total available capacity and impact on short- medium term of the multiplication of COVID-19 supply contracts.

These new findings are released ahead of the in-person event, which takes place at Fiera Milano, Italy – with an online platform from October 25 to November 19 – and is expected to accommodate the end-to-end pharmaceutical supply chain. . . Over 1,200 exhibitors will be in attendance, including manufacturers of finished dosages and ingredients, pharmaceutical packaging specialists, CDMOs, bio-companies and pharmaceutical machine suppliers. All registered participants will receive an advanced copy of the entire CPhI report.

Tara Dougal, Content and Knowledge Manager, CPhI Worldwide, added, “This year’s program will explore many of these questions, and we have a session, produced in collaboration with BioProduction, that specifically examines the viability and business challenges. of the manufacture of large organic products. Another webinar will focus on building the capacity and capabilities of viral vectors to realize the promise of gene therapies, as the manufacturing challenges of gene therapies have been severely exacerbated by the demand for mRNA vaccines, which also requires the manufacture of vectors. viral.

Ecker predicted that biologics manufacturing volume would increase by around eight percent per year, reaching around 3,900 kL [up from 2,700kL in 2020]. However, during the same period, the global organic manufacturing capacity will increase to 7,500 kL. [up from 5,200kL], but significantly, the location and type of businesses that have the capacity will show a marked change from five years ago.

By 2025, almost half of all capacity (44%) will shift from in-house manufacturing to CMO / hybrid companies. In fact, according to Ecker’s findings, five of the top six companies in terms of capacity volume in 2025 will be CMOs or hybrids. The exception being Hoffman-La Roche, which will maintain its position as a company with the largest total capacity of organic products. A number of CMOs are currently investing heavily in increasing their volumetric capacity and, in 2025, Samsung Biologics, Lonza, WuXi Biologics and Fujifilm Diosynth Biotechnologies will occupy places two to five respectively, with the latter two rapidly rising from outside the top ten. in the 2020 ranking.

“What’s interesting is that at the same time as CMOs are increasing capacity, we are also seeing a geographic shift in the location of capacity, with Europe and Asia growing much faster than the North America. In 2025, Europe will be home to the largest organic capacity in the world, overtaking North America, ”Ecker commented.

Another important change, according to Ecker’s research, is the scale of manufacture needed for future products under development, with more than half of recombinant products currently in late stages of development (phases II and III) expected to be completed. ‘only need a single 2000L or 5000L bioreactor to meet commercial demand.

“As capacity increases over the next five years, the demand for capacity – outside of the pandemic – will increase at an almost equivalent rate, allowing some near-term relaxation of capacity constraints, but after 2025 a tightening of capabilities could occur. In recent years, the industry has experienced capacity constraints on a clinical scale due to very high clinical demand and has responded in kind with a wave of facility expansions. However, many of the current COVID-19 treatments and prevention require large-scale capacity. With new bioreactor installations reflecting a pre-pandemic demand profile, we are observing how the industry adapts to the challenge of meeting both typical and additional capacity demands. In another layer of uncertainty, if additional Alzheimer’s drugs and PDL / PDL-1 checkpoint inhibitors are approved, demand could be much higher than expected, with increasing pressure on them. large-scale manufacturing networks, ”Ecker added.

Another boon for the contract manufacturing industry – widely seen as a big beneficiary of demand for the past two years – reports from GlobalData show that there have been more than 230 contract manufacturing agreements disclosed for vaccines and COVID-19 therapies, with many more (undisclosed) likely to exist. The largest biologics CMOs have been among the big winners in demand for outsourced vaccine supply, and with booster injections already underway and other approvals to come (over 30 to date for vaccines and COVID-19 therapies), demand is likely to remain strong for many years to come.

Barry, reflecting on how CMOs won due to the sudden need for additional capacity, commented: Due to its well-documented inspection difficulties by the FDA. Emergent’s contracts are geared towards vaccine manufacturing, while Catalent and Lonza’s contracts are more evenly split between vaccines and therapies. But other large contract development and manufacturing (CDMO) organizations have also benefited greatly. “

In fact, many of these COVID supply contracts are not only for large volumes, but also span long periods – for example, Lonza has signed a ten-year active pharmaceutical ingredients agreement with Moderna.

Orhan Caglayan, Brand Director, CPhI Worldwide, said: “When we look at the collective findings of Dawn and Fiona, we see that biotech may continue to face challenges in accessing available capacity at the right time. Many of the more established CMOs have large COVID contracts and the capacity is drifting away from the United States. This means that biotech and pharmaceutical partners without sufficient internal capacity will have to expand their networks of potential partners. What we are seeing at CPhI Worldwide is that proactive companies are now looking for new partners and how they can ensure continuity and flexibility of supply.


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Money coming to the PF account at 8.5%, just check the balance with a missed call https://sarahlong.org/money-coming-to-the-pf-account-at-8-5-just-check-the-balance-with-a-missed-call/ https://sarahlong.org/money-coming-to-the-pf-account-at-8-5-just-check-the-balance-with-a-missed-call/#respond Wed, 03 Nov 2021 09:56:45 +0000 https://sarahlong.org/money-coming-to-the-pf-account-at-8-5-just-check-the-balance-with-a-missed-call/ New Delhi: You may soon receive good news from the Employee Provident Fund Organization (EPFO). More than six crore beneficiaries will soon earn interest on their PF accounts at the rate of 8.5%. The Ministry of Finance had recently given the green signal to the interest rate of 8.5% on contingency funds for 2020-2021. In […]]]>

New Delhi: You may soon receive good news from the Employee Provident Fund Organization (EPFO). More than six crore beneficiaries will soon earn interest on their PF accounts at the rate of 8.5%. The Ministry of Finance had recently given the green signal to the interest rate of 8.5% on contingency funds for 2020-2021. In this case, a good amount of money will be added to the accounts of the PF account holders.

The central board of EPFO, headed by the Minister of Labor, had approved an interest rate of 8.5% for March of this year for 2020-2021 as last year. However, the Ministry of Labor will now be required to seek approval from the Ministry of Finance at this proposed rate. EPFO account holders are now likely to earn pre-Diwali interest after receiving the ministry’s green signal on Friday. To verify PF money, you need to make a missed call from your registered cell phone number on 011-22901406. You will then get to know the PF through the EPFO ​​messages. Here too you must have UAN, PAN and Aadhaar links.

You can also check on the website: –

Log into the EPFO ​​website epfindia.gov.in
Click on e-passbook
From there you will be redirected to passbook.epfindia.gov.in
Now fill in your username (UAN number), password and captcha and submit
After filling in all the details you will come to a new page and here you need to select the member ID
You will find your EPF balance here in the electronic booklet

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