Employer contributions are prevalent in 401(k) plans, according to an updated study on 401(k) plans from BrightScope and the Investment Company Institute (ICI).
Washington, DC, July 1, 2021—ICI President and CEO Eric J. Pan issued the following statement upon the announcement of Martin Moloney as secretary general of the International Organization of Securities Commissions (IOSCO): “ICI applauds today’s announcement that Martin Moloney will...
ICI applauds a new bill that would give retail investors access to private investments and close a loophole that activist investors exploit at the expense of long-term shareholders.
Washington, DC; June 10, 2021—Americans continued to save for retirement through defined contribution (DC) plans early this year despite uncertain market conditions during the lingering COVID-19 pandemic, according to ICI’s “ Defined Contribution Plan Participants’ Activities, First...
The SEC should require companies to disclose direct and indirect greenhouse gas emissions data and demographic information about their workforces, ICI said in a letter filed with the SEC.
Investment Company Institute (ICI) Deputy General Counsel for Retirement Policy David Abbey issued the following statement after the House Ways and Means Committee approved the Securing a Strong Retirement Act (H.R. 2954), also known as the SECURE Act 2.0:
As part of its leadership and work on ESG issues, ICI commends President Biden and Treasury Secretary Yellen for calling upon policymakers to enhance efforts to foster consistent information from companies about the risks of climate change.
Diversity and inclusion issues are top priorities for ICI. We are proud to support the Improving Corporate Governance Through Diversity Act and applaud Representative Gregory Meeks’s leadership and hard work, alongside Chairwoman Maxine Waters, to enhance disclosure of board and...
