ICI Study: Continued Commitment to Saving Evident in Nearly 24 Million Defined Contribution Plan Accounts Washington, DC, August 8, 2011 - ICI’s latest quarterly study based on defined contribution (DC) plan recordkeeper data from nearly 24 million DC plan participant accounts shows...
Statement from ICI on Standard & Poor’s Announcement Washington, DC, August 7, 2011 – ICI President and CEO Paul Schott Stevens made the following statement on Standard & Poor’s August 5 announcement: "ICI continues to monitor the situation since the Standard & Poor’s August 5...
DC High School Students and Schools Win ICI Education Foundation Awards in 2011 National Financial Challenge Washington, DC, August 2, 2011 - The Investment Company Institute Education Foundation (ICIEF) today announced that five Washington, DC high school students and three high...
ICI Statement on Enactment of Debt Ceiling and Deficit Reduction Legislation Washington, DC, August 2, 2011 - ICI President and CEO Paul Schott Stevens made the following statement upon enactment of legislation that prevents the U.S. from exceeding its debt limit and establishes a...
ICI and IDC Applaud U.S. Court of Appeals Decision to Vacate SEC Proxy Access Rule Court’s Decision Recognizes Mutual Funds’ Unique Structure Washington, DC, July 22, 2011 - The Investment Company Institute and the Independent Directors Council welcome the U.S. Court of Appeals for...
The Average Expense Ratio Incurred by 401(k) Investors in Stock Funds Declined in 2010 Washington, DC, June 29, 2011 - 401(k) plan participants invested in stock mutual funds on average paid lower expense ratios in 2010, according to an annual report by the Investment Company...
White Paper: Promoting Electronic Delivery of Retirement Documents Will Benefit Participants DOL Should Make E-Delivery the Default Option, Academics Say Washington, DC, June 14, 2011 – The Department of Labor (DOL) should allow defined contribution (DC) plans to make electronic...
ICI Study: Data from More Than 23 Million Defined Contribution Accounts Show Commitment to Saving Washington, DC, May 10, 2011 - ICI’s latest quarterly study based on defined contribution (DC) plan recordkeeper data from more than 23 million DC plan participant accounts shows 401(k)...
Retirement Assets Total $17.5 Trillion in Fourth Quarter 2010 Washington, DC, April 13, 2011 - Total U.S. retirement assets were $17.5 trillion as of December 31, 2010, up 5.2 percent in the fourth quarter of 2010 and up 9.1 percent for the year. Retirement savings accounted for 37...
U.S. Treasury and SEC Heads to Address Economic and Regulatory Issues During ICI Annual Meeting May 4–6 Agenda Also Includes An Examination of Global Retirement Issues Features Other Policymakers, Industry Leaders Washington, DC, April 12, 2011 - This year the Investment Company...
