The Department of Labor issued Field Bulletin 2015-02 in July in an effort to make it easier for plan sponsors to provide participants with annuity distribution options in their retirement plan. Read more
Pacific University’s Legends event is legendary in the Northwest. Hosted by Tommy Thayer, lead guitarist from KISS, it’s an evening of wine, food, an auction, and a performance by Tommy and friends. Legends benefits Pacific University student athletes. This year’s event, on August 9, raised more than $300,000! Read more
In April, the Department of Labor proposed a new rule to reduce conflicts of interest among retirement plan advice providers. The new rule would expand the definition of fiduciary and change the compensation exemptions, with both changes aimed at making sure that retirement plan investment professionals are providing advice based solely on their clients’ best interests.
More than 330,000 comments on the rule have been submitted, a testament to the significance of the changes the rule proposes. Read more
The Columbia Land Trust is celebrating its 25th anniversary at this year’s annual Wild Splendor signature gala. Read more
In the field of investing, a great deal of thinking has historically been based on the idea that markets naturally mean-revert to “normal” levels. For example, when commodity prices are high, we expect new supplies will be brought on line to bring prices down. And when stock prices are low, we expect new buyers will enter the market and drive prices up. In this mean-reverting paradigm, investors expect the future to be largely a product of the past. Read more