TIAA-CREF's fees starting to creep higher?
Morningstar notes that TIAA-CREF has announced its intention to boost fees. If the proposal is accepted, management fees of its Institutional fund offering would move to 0.45 percent to 0.50 percent annually, up from 0.10 percent. That could change the public perception of the asset giant, who gets lumped in with Vanguard as low-cost leaders. This has generated some sharp criticism.
> Here's some commentary from Morningstar.
