FYI: (This is a follow-up article)
No other mutual fund company enjoys the Vanguard Group’s well-deserved reputation for looking after investors’ interests. But if anyone comes close, it’s the Teachers Insurance and Annuity Association, or TIAA.
The New York Times recently questioned TIAA’s “reputation as a selfless steward of its clients’ assets.” The Times cites a lawsuit and a whistle-blower complaint that accuses TIAA of pushing “customers into products that do not add value and may not be suitable but that generate higher fees.”
Regards,
Red
https://www.bloomberg.com/gadfly/articles/2017-11-01/tiaa-s-devotion-to-its-customers-can-start-with-fees
