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TIAA to pay $97M for pressuring investors into rollovers
By Melanie WaddellTIAA was also charged with a failure to adequately disclose conflicts of interest to participants in its record-kept employer retirement plans.
With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
TIAA was also charged with a failure to adequately disclose conflicts of interest to participants in its record-kept employer retirement plans.