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TIAA Faces New Managed Account Rollover Complaint Months After Settling SEC Charges
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Oct. 14, 2021 "A new lawsuit suggests the individual advisory program TIAA clients were rolled into was significantly more expensive and generated hundreds of millions of dollars in fees for TIAA -- without providing commensurate performance benefits." [Carfora v. Teachers Insurance and Annuity Association of America, and TIAA-CREF Individual & Institutional Services, LLC, No. 21-8384 (S.D.N.Y. complaint filed Oct. 11, 2021)] MORE >> |
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