MS Dhoni has called time on one of the greatest leadership tenures in the game by stepping down as Chennai Super Kings captain.
The Indian Premier League side announced on Thursday that Dhoni has decided to step down as captain and handed the reins to all-rounder Ravindra Jadeja.
"MS Dhoni has decided to hand over the leadership of Chennai Super Kings and picked Ravindra Jadeja to lead the team," a Chennai Super Kings statement said.
"Jadeja, who has been been an integral part of part of Chennai Super Kings since 2012, will only be the third player to lead CSK. Dhoni will continue to represent Chennai Super Kings this season and beyond."
Dhoni has captained Chennai since the start of the Indian Premier League and has been central to the franchise's identity.
Chennai lifted the IPL title last year in Dubai and open the 2022 season against Kolkata Knight Riders on Saturday in Mumbai. They are the most consistent team in the league, having made the final of the tournament nine times out of the 12 seasons they have played, winning the trophy four times.
A change of leadership was on the cards as Jadeja was the first player retained by Chennai ahead of Dhoni, before the player auction earlier this year.
Cracks in the Wall
Ben White, Pluto Press
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Engine: 6.2-litre supercharged V8
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Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
BUNDESLIGA FIXTURES
Friday (UAE kick-off times)
Cologne v Hoffenheim (11.30pm)
Saturday
Hertha Berlin v RB Leipzig (6.30pm)
Schalke v Fortuna Dusseldof (6.30pm)
Mainz v Union Berlin (6.30pm)
Paderborn v Augsburg (6.30pm)
Bayern Munich v Borussia Dortmund (9.30pm)
Sunday
Borussia Monchengladbach v Werder Bremen (4.30pm)
Wolfsburg v Bayer Leverkusen (6.30pm)
SC Freiburg v Eintracht Frankfurt (9on)
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Punchy appearance
Roars of support buoyed Mr Johnson in an extremely confident and combative appearance
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David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
