Teachers Insurance and Annuity Association College Retirement Equities Fund

TIAA-CREF A major institutional investor. Based in New York, TIAA-CREF was founded in the early twentieth century. It offers a range of financial products, including retirement plans and life and health insurance. Like *CalPERS, another major US institutional investor, TIAA-CREF has contributed to debates on *corporate governance, and its Policy Statement on Corporate Governance was first published in 1997. Available online and periodically updated, matters covered by the Policy Statement include the responsibilities of *boards of directors to *executive remuneration. Further reading: TIAA-CREF (2002) Web site: www.tiaa-cref.org

Auditor's dictionary. 2014.

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