Target date funds are a popular choice for 401(k) plans’ investment lineups, according to an updated joint study released today by the Investment Company Institute (ICI) and the Employee Benefit Research Institute (EBRI). The study, “401(k) Plan Asset Allocation, Account Balances, and...
Americans overwhelmingly continued saving for retirement in 2020 through defined contribution plans such as 401(k)s, in spite of the economic downturn brought about by the COVID-19 pandemic.
The majority of Americans are confident that 401(k)s and other defined contribution retirement accounts can help them meet their retirement goals, according to an updated study released today by the Investment Company Institute.
Washington, DC; February 18, 2021—The Investment Company Institute today announced that Tracey Wingate will become chief of staff to ICI President and CEO Eric J. Pan. Wingate will be joining ICI from the US Commodity Futures Trading Commission (CFTC), where she has been associate...
Principles are consistent with ICI’s earlier call for greater harmonization of global disclosure standards for climate and other ESG-related issues Washington, DC; February 18, 2021—As part of its ongoing work of encouraging policymakers worldwide to support consistent standards for...
ICI Statement on Dalia Blass’s Departure from SEC Washington, DC; January 29, 2021—Investment Company Institute President and CEO Eric J. Pan issued the following statement after Dalia Blass announced her departure as director of the Division of Investment Management of the US...
