Special Announcements

UPAL PHYSICIAN BOARD ANNOUNCES LEA ANN NUNLEY AS NEW CEO AND CHAUNCEY PICKERING AS MANAGER OF MARKETING AND FINANCIAL SERVICES

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Lea Ann Nunley UPAL is delighted to announce to its member physicians – their staff members, clients and our business partners – the appointment of Lea Ann Nunley as its new CEO effective October 14, 2021. Lea Ann will succeed Kent Butcher, UPAL’s CEO for the past 7 years. Lea Ann has been a key member of UPAL’s team for over 20 years.  She is presently Vice President of Retirement Plan Services as well as a Registered Investment Advisor Representative for UPAL’s financial service offerings. Chauncey Pickering We are excited…

Charitable Giving with a Tax Benefit

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If you are a fan of The Tulsa Botanic Garden, you may be interested in a unique opportunity to support it through your charitable giving and benefit from a tax perspective through the advantages provided through a Conservation easement. To find out the details of the Tax Impact of a Charitable Contribution involving a Conservation Easement contact: Nancy Moore, Director of Development, (918) 289-0330.

2021 Mid-Year Market Outlook Call

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Don’t forget to join us today, July 14! Our investment management team will provide a comprehensive market analysis, review the latest U.S. and global economic conditions and discuss what it means for you and your business. Brian Henderson, CFA, Executive Vice President, Chief Investment Officer Steve Wyett, CFA, Senior Vice President, Chief Investment Strategist Matthew Stephani, CFA, President, Cavanal Hill Investment Management Wednesday, July 14, 2021 3:30 – 4:30 p.m. CDT Submit a Question You may submit a question in advance using the button below.  All questions will be submitted anonymously to our team. Questions…

Recommended Change within UPAL Large Cap Value Fund

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As part of the oversight and due diligence on investments, we routinely check the pricing of plan investments to ensure that the most appropriate fund option is available.  Upon the advice of the Strategic Investment Advisory Group, the SDPR S&P Dividend ETF will be replaced with the Schwab Dividend ETF as the dividend-focused strategy within the UPAL Large Cap Value Fund effective immediately. The Schwab ETF has a lower expense ratio (0.06% versus 0.35%).  The Schwab ETF has historically tracked its index, the Dow Jones US Dividend 100 Index, closer…

UPAL Special Notice

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Annually, UPAL requires an Audit of its Common Collective Pooled Trust Funds which hold retirement plan core assets.  If you are a participant in a participating Plan, an investor in the Pooled Funds or a Plan Sponsor and would like a copy of the Audit of the Pooled Funds, please send an email requesting a copy of the Audit to Kent Butcher, President/CEO, at kbutcher@upal.com or Lea Ann Nunley, Vice President of Retirement Plan Services, at lnunley@upal.com.  Upon receipt of your written request, a copy of the Audit will be sent to you…

Manager Change to the UPAL S&P 500 Index Equity Fund

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Effective:  ­­­­November 27, 2020 IMPORTANT ANNOUNCEMENT – CHANGE TO MANAGER LINE-UP FOR THE UPAL S&P INDEX EQUITY FUND As part of the oversight and due diligence on investments, we routinely check the pricing of plan investments to ensure that the most appropriate fund option is available.  Upon the advice of the Strategic Investment Advisory Group, the independent investment advisors to the Program, we have been evaluating S&P 500 Index options, as well as index options in other spaces, for several months now, and through our research we found that the…

Changes Approved to Several UPAL Pooled Funds

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At the June 2020 meeting of the UPAL Financial Management Committee, approval was given to making  changes to the underlying funds of the UPAL Large Cap Value Pooled Fund, UPAL US Small Cap Pooled Fund, UPAL International Pooled Fund, UPAL Global Public Real Estate Pooled Fund, and UPAL Alternative Investment Fund.  Approval was given based on the recommendations of the Strategic Investment Advisory Group of independent investment advisors to the UPAL Retirement Program. Removal of Several DFA Funds UPAL Large Cap Value Pooled Fund – The DFA Large Cap Value…

UPAL Special Notice

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Annually, UPAL requires an Audit of its Common Collective Pooled Trust Funds which hold retirement plan core assets.  If you are a participant in a participating Plan, an investor in the Pooled Funds or a Plan Sponsor and would like a copy of the Audit of the Pooled Funds, please send an email requesting a copy of the Audit to Kent Butcher, President/CEO, at kbutcher@upal.com or Lea Ann Nunley, Vice President of Retirement Plan Services, at lnunley@upal.com.  Upon receipt of your written request, a copy of the Audit will be sent to you…

COVID-19 Message

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March 17, 2020   UPAL is here to help you. Just a brief note to hopefully provide you with a bit of assurance as you attempt to navigate and cope with the impact of the Covid-19/Corona virus. UPAL is open and available to assist you and plans to remain available throughout the duration of this crisis. Our priority has always been to provide for the needs and safety of our customers. We are fortunate that our technology enables us to fulfill this goal without putting you at risk. Our technology…

How the SECURE Act Impacts Retirement Plans

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On December 20, 2019, the SECURE Act became law when the appropriations bill known as the “Further Consolidated Appropriations Act of 2020” as signed by President Trump. The SECURE Act (“Setting Every Community Up for Retirement Enhancement Act of 2019”) is designed to encourage retirement savings and to simplify an employer’s administrative requirements in order to extend retirement plans to more employees. Click below for a summary of the key provisions of the SECURE Act that impact retirement plans.   SECURE Act Retirement Plan Summary (122 kB)