Should I leave my retirement with AIG or rollover to another financial company?

The company I work for uses AIG for their investment advisers. They match up to 3%. My question is should I rollover to another financial advisor or keep with AIG. I am have already lost 35% of my retirement and unhappy with what I have been reading in the papers about AIG. I know I should still contribute to AIG to receive my company match since its free money, but am not sold on leaving everything with them and watching the government continue to bail AIG out.

Public Comments

1. I'm not really the one to give you financial advice on this type of stuff, but me personally.... if I had already lost 35% of my retirement and am reading about these fat pig execs getting millions of dollars in bonuses for screwing up... I would, at least for now, move my money elsewhere. Hell, your company is contributing 3%, but how much are you losing each month? IF and when things start turning around then I would consider going back to get your free money, but right now the way I see it you're not benefiting that much. I know my 401k went low and never seemed to get back up. Unfortunately since I was laid off in Dec. I've had to take what little I had left and run with it. Good luck and keep doing research before you make your final choice, hopefully you'll get someone who knows more about this stuff to give you info.
2. Stock traders and investors should only trust themselves and do the hard core research into WHO MIGHT manage their money or handle their stock trades. DON'T RELY on "advisors" or "consultants" anymore. IF you find a company that promises to do a better job w/ your money than AIG---THEN I'd say roll over away from AIG. YOU alone won't wake AIG up. An large united organized group of AIG clients DEMANDING AIG pay every red cent back of that $165 million in "retention bonuses" and fully disclose HOW AND WHERE their bailout money is spent---and how well they repay their "bailout loan" back. But then again: You can only serve your best interests. Good luck w/your decision--whichever that may be.
3. ask them , and see what they say. 1)CEO: Martin Sullivan 2)Senior Vice President Life Insurance: Edmund Tse 3)Vice Chair, Global Economic Strategies: Jacob Frankel 4)Vice Chair, External Affairs: Frank Wisner 5)Executive Vice President & Chief Financial Officer: Steven Bensinger 6)Executive Vice President: General Counsel & Senior Regulatory Officer: Anastasia Kelly 7)Executive Vice President Domestic General Insurance: Kristian Moore 8)Executive Vice President Life Insurance: Rodney Martin Jr 9)Executive Vice President & Chief Investment Officer: Win Neuger 10)Executive Vice President Domestic Personal Lines: Robert Sandler