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Whistleblower Says TIAA Pushes Costly In-House Products on Retirement Savers
NBC News Link to more items from this source
Aug. 2, 2024

"TIAA says its tool provides clients with 'objective recommendations that are suited for your investment needs.' But a whistleblower complaint filed with the [SEC] in June and shared with NBC News says TIAA stands to reap billions in new revenues when clients use the tool because it quietly steers them into two in-house TIAA investment products that yield the firm significant profits."  MORE >>

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