Compass
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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West Virginia School Employees Suing 403(b) Plan Provider
PLANSPONSOR; free registration may be required Jan. 23, 2015
"The lawsuit claims VALIC, a part of AIG, allegedly misled thousands of participants to invest heavily or entirely in its low-interest rate annuities in the early 1990s ... VALIC's attorneys argue the company guaranteed only a 4.5% annual return, but some employees allege they were led to believe they would receive returns of 8% or higher."
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