ERISA litigator Schlichter Bogard & Denton is pursing a proposed class-action case against TIAA over that company’s sales tactics for its Portfolio Advisor managed-account service. In July, TIAA agreed to pay $97 million to settle claims brought by the SEC ...

The percentage of retirees who don’t have enough income to get by is projected to increase by 73% before the end of the century, barring major reforms to Social Security and changes to work and savings habits. That is according ...

Employers that are seeking to hire workers in a competitive market for talent might benefit from juicing up their 401(k) with retirement income, a recent report suggests. TIAA, which has long provided in-plan annuities, commissioned a survey in May among ...

The Securities and Exchange Commission and the New York Attorney General a couple of weeks ago gave a whooping to a broker-dealer subsidiary of Teachers Insurance and Annuity Association of America, better known as TIAA, and penalized the firm $97 ...

More than 30 leading voices in the U.S. retirement industry released a letter Wednesday urging President Joseph Biden to issue an executive order to create a standing interagency task force on retirement security. “The proverbial three-legged retirement stool is shakier ...

ESG investing has barely made inroads in nonprofit and government defined-contribution plans, despite the wider enthusiasm those institutions have for it in their endowments and pension funds. Much as in the 401(k) world, 403(b) plans have very little explicit consideration ...