EXCLUSIVE: TIAA-CREF scraps plans for UK entry

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American financial services giant TIAA-CREF has scrapped its plans to enter the UK pensions market as the industry is too focused on low charges, PP has learnt.

TIAA-CREF, which provides occupational defined contribution (DC) pensions to over 15,000 educational, research and medical organisations in the US, started planning to enter the UK market as a DC p...

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