Americans Continue to Value Defined Contribution Plan Structure and Features Washington, DC; January 28, 2020—The majority of Americans are confident that 401(k)s and other defined contribution (DC) retirement accounts can help people meet their retirement goals, according to a new...
ICI’s Paul Schott Stevens to Retire at the End of 2020 Led Fund Industry Trade Group Through Unprecedented Growth and Regulatory Change, Including Expansion of ICI’s Global Advocacy; Board Will Conduct Search for Successor Washington, DC; January 28, 2020—Investment Company Institute...
ICI Mourns the Passing of Former Chairman John F. “Jack” Cogan Jr. Washington, DC; January 28, 2020—Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following statement on the death of John F. “Jack” Cogan Jr., former chairman of the Institute...
Proxy System for Funds Is Costly and Inefficient, New Report Shows Reforms Are Necessary to Improve System for Funds and Their Investors Washington, DC; December 23, 2019—The Securities and Exchange Commission (SEC) could save millions of dollars for registered fund shareholders...
ICI Defined Contribution Plan Recordkeeper Data Show Ongoing Commitment to Retirement Saving Washington, DC; December 19, 2019—Americans continued to save for retirement through defined contribution (DC) plans over the first half of this year, according to ICI’s “ Defined Contribution...
SECURE Act Delivers Major Wins for American Savers Washington, DC; December 17, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the US House of Representatives passed the Fiscal Year 2020 Consolidated Domestic and...
ICI Survey Shows Most Traditional IRA–Owning Households Have Planned Retirement Strategy Washington, DC; December 11, 2019—More than two-thirds of US households with traditional individual retirement accounts (IRAs) indicated that they have a strategy for managing their income and...
ICI Applauds FSOC Reforms of SIFI Designation Process Washington, DC; December 4, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the Financial Stability Oversight Council (FSOC) adopted revised interpretive guidance...
Washington, DC; November 4, 2019—The Investment Company Institute Education Foundation (ICIEF), through its partnership with the Toigo Foundation, has awarded grants to two Toigo fellows, Kushagra Aniket, a master of business administration (MBA) candidate in the Columbia Business...
Generation X and Baby Boomers Head Two-Thirds of Mutual Fund–Owning Households, New Study Shows Washington, DC; October 29, 2019—In 2019, two-thirds of mutual fund–owning households were headed by Generation X or Baby Boomers, according to new survey results released today by the...
