Company probably hired an outside consultant and paid them $250K just for the name change and rebranding. Just drop TIAA & CREF from all funds for starters. Very few people even know what the acronyms mean anymore.
Good to see Colbert making this announcement. We have been wondering where he disappeared to. Curious as to the newly named Socially Responsible fund and how many companies in that fund have been sued, paid settlements, support or have government contracts that support the war machine, etc. Someone needs to call out these Social funds as putting lipstick on a pig.
———
NEW YORK, November 17, 2025 – TIAA today announced that three variable annuity accounts in its flagship $290 billion CREF Variable Annuity suite will receive new names effective November 30, 2025, to better reflect their investment strategies and align with widely recognized industry terminology. The name changes will make it easier for clients to understand each account's strategy and build balanced portfolios without accidental gaps or overlaps.
The three accounts receiving updated names are:
CREF Stock Account will become CREF Total Global Stock Account to more clearly communicate that this actively managed account invests in stocks of companies of all sizes in both U.S. and foreign companies.
CREF Equity Index Account will become *CREF S&P 500 Index** Account to more clearly align with the benchmark it follows—the S&P 500 Index.
CREF Social Choice Account will become CREF Responsible Balanced BS Account to better describe the account's focus on ESG (environmental, social and governance) and impact investing. "Balanced" was added to clarify that the account holds both equities and fixed income.
The accounts' investment strategies and management will not change. Fees and expenses will also remain the same.
"These name updates reflect our commitment to transparency and will help our clients make informed investment decisions," said Colbert Narcisse, Chief Product & Business Development officer at TIAA. "We are making it clearer how each account invests, which helps our institutional clients and participants better understand their options and build portfolios aligned with their retirement goals."
Participants who hold one or more of these accounts will begin seeing the new names on statements issued after November 30, 2025, and in their online accounts after the effective date.