MNGopher 0 Report post Posted July 28, 2020 https://www.wsj.com/articles/aig-unit-to-pay-20-million-to-settle-sec-probe-of-teacher-retirement-business-11595941081?st=450wa1z5z9qabty&reflink=article_imessage_share&fbclid=IwAR3gjMXHvOuGa9m8roP0njjLUzZ8bnELB7-p3o8-Vs1KWFepXKUVPFBhpZw Dan Otter posted this on the Facebook page, in case anyone hasn't seen it yet. Looks like a step in the right direction in placing some accountability on the insurance companies that prey on educators. Quote Share this post Link to post Share on other sites
EdLaFave 0 Report post Posted July 28, 2020 Its behind a pay wall, if anybody wants to post the details, I'd love to read them. Quote Share this post Link to post Share on other sites
Why Me 0 Report post Posted July 28, 2020 Here's the main outline from another source: https://www.cnbc.com/2020/07/28/aig-investment-advisory-unit-to-pay-40-million-to-resolve-sec-charges.html Quote Share this post Link to post Share on other sites
sschullo 0 Report post Posted August 24, 2020 This case shows us that the defined contribution world is also a business, and very lucrative one, for the professionals who consult and keep records and unfortunately, teachers are the one group that is still unprotected. Its too bad we cannot find out more details such as who created this "system" that is suppose to be good for Florida's teachers? Quote Share this post Link to post Share on other sites