"[TIAA] handles retirement accounts for over four million workers at 15,000 nonprofit institutions across the country.... Most of TIAA's clients invest with the firm because their employers have hired it to administer their workers' retirement plans.... The SEC whistle-blower complaint contends that TIAA began conducting a fraudulent scheme in 2011 to convert 'unsuspecting retirement plan clients from low-fee, self-managed accounts to TIAA-CREF-managed accounts' that were more expensive. Advisers were pushed to sell proprietary mutual funds to clients as well, the complaint says."  MORE >>