Americans View Defined Contribution Retirement Accounts Favorably Households Appreciate Core Features and Current Tax Treatment Washington, DC, January 29, 2014 - Nearly two-thirds of U.S. households view defined contribution (DC) retirement accounts favorably, according to results...
ICI Comment on President Obama’s Retirement Savings Remarks in the State of the Union Address Washington, DC, January 28, 2014 – The Investment Company Institute (ICI) made the following statement today about the retirement savings offering, called “myRA,” announced by President Obama...
ICI Releases Updated Framework for Fund Industry Intermediary Oversight Washington, DC, January 24, 2014 - The Investment Company Institute (ICI) has released an update to the Financial Intermediary Controls and Compliance Assessment (FICCA) framework to assist mutual funds with the...
ICI and ICI Global Respond to Financial Stability Board’s Consultation on Global Systemically Important Financial Institutions London, 08 January 2014 - Today, Dan Waters, Managing Director of ICI Global, and Karrie McMillan, General Counsel of the Investment Company Institute, made...
A greater number of 401(k) plan participants are investing in target date funds over time. At year-end 2012, 41 percent of 401(k) participants held target date funds, according to a report released today by the Investment Company Institute (ICI) and the Employee Benefit Research...
ICI Comments on Congressional Approval of Budget Deal Washington, DC, December 18, 2013 – The Investment Company Institute released the following statement upon final approval by the U.S. Senate and U.S. House of Representatives of a two-year budget agreement, the Bipartisan Budget...
ICI Comment on Final Volcker Rule Washington, DC, December 10, 2013 - ICI President and CEO Paul Schott Stevens issued the following statement in response to the final Volcker Rule release as approved by the Securities and Exchange Commission and other U.S. regulators: “At more than...
New Research Paper Illustrates Important Role 401(k)s Play in Successful U.S. Retirement System Washington, DC, December 4, 2013 - A new collection of rigorous research and up-to-date statistics paints a clear picture of America’s retirement system as a strong source of financial...
IRA Investors Research and Manage IRA Decisions Carefully Research Highlights Thorough Approach Taken by IRA-Owning Households Washington, DC, November 25, 2013 - Americans who own individual retirement accounts (IRAs) plan for retirement carefully, according to an updated annual...
ICI Statement on Nominee to Chair CFTC Washington, DC, November 12, 2013 - ICI President and CEO Paul Schott Stevens made the following statement in response to President Obama’s announcement that he is nominating Timothy G. Massad to be the next Chairman of the Commodity Futures...
