TIAA has entered into a strategic partnership with global advisory firm Accenture to help transform TIAA’s retirement recordkeeping capabilities and operations.
The two companies will build enhanced experiences for plan participants with elevated digital capabilities across enrollment, money management features, and retirement education and advice planning solutions.
Starting in 2025, Accenture will support parts of TIAA’s recordkeeping operations, to make them more efficient through automation and enhanced processes over time. TIAA will still retain full responsibility for retirement plans and recordkeeping services, as well as hosting and safeguarding plan data on its platforms.
Speaking out of turn and having an opinion that will offend many, I think this is a positive change for TIAA because they needed help on the recordkeeping end.
