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NEW YORK, Dec. 18, 2020 /PRNewswire/ The COVID-19 pandemic has dramatically increased employers focus on employee physical and financial health yet has also created gaps between their perceptions about the benefits employees need and their employees expectations. Sixty-nine percent of employers say they have increased their focus on improving employees financial wellness during the pandemic, but just one-third of employees feel the increased focus and only one in four feels their employer has increased their focus on helping employees with their retirement preparedness, according to TIAA s Retirement Insights Survey.
The survey of more than 1,500 employers and employees highlighted opportunities for employers to continue their engagement on a variety of financial literacy topics in the year ahead. While a majority of employers (74 percent) report they are still actively focused on helping their employees save for retirement, employees ar
U.S. pension fund TIAA embroiled in Brazil land-purchase probe
Tatiana Freitas, Bloomberg
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A top U.S. retirement fund and a major sugar producer have found themselves embroiled in a probe into possible breaches of land-purchase rules in agricultural superpower Brazil.
Incra, the Brazilian agency that demarcates farming land, concluded in a preliminary report that the indirect involvement of Teachers Insurance and Annuity Association of America (TIAA) in property acquisitions represents an infringement of foreign ownership restrictions.
While TIAA and its local partner say they re compliant and are fighting the allegations, the case may set off alarm bells among several foreign investors who have found ways to bypass ownership restrictions to buy or lease agricultural property in Brazil, the largest exporter of soybeans, sugar, coffee and beef.
U.S. Pension Fund TIAA Embroiled in Brazil Land-Buying Probe Bloomberg 12/17/2020 Tatiana Freitas
(Bloomberg) A top U.S. retirement fund and a major sugar producer have found themselves embroiled in a probe into possible breaches of land-purchase rules in agricultural superpower Brazil.
Incra, the Brazilian agency that demarcates farming land, concluded in a preliminary report that the indirect involvement of Teachers Insurance and Annuity Association of America (TIAA) in property acquisitions represents an infringement of foreign ownership restrictions.
While TIAA and its local partner say they’re compliant and are fighting the allegations, the case may set off alarm bells among several foreign investors who have found ways to bypass ownership restrictions to buy or lease agricultural property in Brazil, the largest exporter of soybeans, sugar, coffee and beef.
U.S. Pension Fund TIAA Embroiled in Brazil Land-Purchase Probe
A top U.S. retirement fund and a major sugar producer have found themselves embroiled in a probe into possible breaches of land-purchase rules in agricultural superpower Brazil.
Incra, the Brazilian agency that demarcates farming land, concluded in a preliminary report that the indirect involvement of Teachers Insurance and Annuity Association of America (TIAA) in property acquisitions represents an infringement of foreign ownership restrictions.
While TIAA and its local partner say they’re compliant and are fighting the allegations, the case may set off alarm bells among several foreign investors who have found ways to bypass ownership restrictions to buy or lease agricultural property in Brazil, the largest exporter of soybeans, sugar, coffee and beef.
TIAA embroiled in Brazil land-buying probe
Bloomberg
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TIAA and a major sugar producer have found themselves embroiled in a probe into possible breaches of land-purchase rules in agricultural superpower Brazil.
Incra, the Brazilian agency that demarcates farming land, concluded in a preliminary report that the indirect involvement of Teachers Insurance and Annuity Association of America in property acquisitions represents an infringement of foreign ownership restrictions.
Though TIAA and its local partner said they re compliant and are fighting the allegations, the case may set off alarm bells among several foreign investors who have found ways to bypass ownership restrictions to buy or lease agricultural property in Brazil, the largest exporter of soybeans, sugar, coffee and beef.