In April, we wrote about how interest rate volatility can create real opportunities for pension plan sponsors, and specifically how the gap between lump sum calculation rates and accounting liabilities can generate meaningful arbitrage. That opportunity is no longer hypothetical. Rates climbed 35 basis points from late April through May 18, briefly pushing the 30-year Treasury to 5.197%, its highest level in roughly 18 years. You have to go back to the months before the 20
Hockey has been part of my life since I could walk. After my playing days, I spent the last 12 years coaching year-round and running a development program. Over that time, I've seen training evolve dramatically. A skating-first development model, long emphasized in Europe, has gained real traction here in Minnesota. Skating fundamentals, edgework, and individual skill development are the foundation of everything. You would never have seen seven-year-olds 20 years ago executin
