Vanguard, TIAA Introduce Target-Date Retirement Lifetime Income Trusts
The series marks the industry’s latest push to offer participants a steady paycheck for life.
Tag: TIAA
Benefits |
Nearly 21,000 Plan Sponsors Have Adopted PSN Auto-Portability
The Portability Services Network enables small balance 401(k) rollovers for six recordkeepers comprising 63% of the market.
AARP Joins Suit Against TIAA Alleging Mismanagement of Retirement Funds
The amended complaint adds additional claims and names two more former TIAA employees as plaintiffs.
Benefits |
Secure a Retirement Like Baseball’s Bobby Bonilla
In honor of ‘Bobby Bonilla Day' on July 1, TIAA and Nuveen produced a short film based on the former...
TIAA Sued Over Alleged Mismanagement of Employee Retirement Funds
Former employees allege the retirement services provider breached its fiduciary duties by opting for high-cost investment options despite better alternatives.
Inflows Into TIAA Traditional Hit 5-Year High
Market uncertainty has shifted investors toward safer investments, firm says.
Products |
TIAA Expands Lifetime Income Access Through IRAs
Working Americans can now gain access to TIAA’s fixed and variable annuity products through the company’s individual retirement accounts.
Kivett Appointed 1st Head of Defined Contribution at KKR
The veteran of TIAA and Prudential started in the new role in December.
Products |
TIAA, Nuveen Target-Date Annuity Strategies Hit 1M in Accounts
The news follows BlackRock’s announcement last week that its annuity-embedded TDF product has accumulated more than $16 billion in assets...
How Recordkeepers Are Supporting Participants Impacted by LA Fires
Firms with clients in the Los Angeles area are providing relief for those who may need to tap into their...
Plan Sponsors Understand Need for Guaranteed Income, but Lack ‘Annuity Fluency’
Employers not planning to offer an in-plan annuity option cite a lack of understanding as their top barrier for implementing...
Market Research Firm Dalbar Releases Top 10 DC Websites
TIAA, Fidelity and Principal’s participant websites took the top spots based on five categories.
Benefits |
Infosys Breach Affects TIAA
Nearly 9,000 individuals were swept up in the Infosys McCamish hack that also hit other plan providers.
TIAA, Morningstar Sued Over Retirement Advice Tool
A Schlichter Bogard-led complaint alleges that providers pushed participants into retirement advice that led to TIAA annuity investments.
Nuveen’s William Huffman Moves Into Firm’s CEO Role
Jose Minaya steps down from top post at TIAA’s investment management division.
New York Federal Judge Rules Against TIAA in Managed Account Suit
TIAA’s request to dismiss lawsuit alleging it used aggressive tactics to move participants from the plan into more costly managed...
PGIM and TIAA Rethink 4% Withdrawal Rule, Finding Retirees Can Spend More
For defined contribution plan participants, new research from PGIM and TIAA offers a fresh perspective on the usefulness of a...
American Adults Show Lack of ‘Retirement Fluency’
Understanding retirement-related topics like Medicare coverage and life expectancy were most difficult for respondents, according to TIAA and the Global...
Products |
Product and Service Launches
TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...
Empower Partners With Variety of Firms to Pair Guaranteed-Income Products With Advice
Empower is working with asset managers and insurance companies to launch a new lineup of products to convert savings into...