When President Obama announced a new effort to expand access to retirement savings opportunities, ICI was among the first to applaud. The Administration’s “myRA” looks to provide a new option for Americans who want to put money aside for retirement, but who might not have access to a...
ICI Comment on Ways and Means Tax Reform Discussion Draft Washington, DC, February 26, 2014— In response to the release of a tax reform discussion draft by Ways and Means Committee Chairman David Camp (R-MI), ICI released the following statement: “ICI appreciates Chairman Camp’s goal...
ICI Encourages Participation in “America Saves Week” Data Highlight Role of Mutual Funds in Savers’ Planning Washington, DC, February 24, 2014 - To mark the 2014 national “ America Saves Week,” the Investment Company Institute (ICI) is encouraging Americans to assess their personal...
Second in a series of posts about ICI’s new data release, a monthly compilation and summary of portfolio data from taxable money market funds. To find out more, read the first post about the new data summary or this list of answers to frequently asked questions. The SEC’s 2010 money...
Initiative to Reduce Systemic, Operational Risks Could Benefit Investors Washington, DC, February 18, 2014 - The Board of Governors of the Investment Company Institute has endorsed unanimously an industry initiative led by The Depository Trust & Clearing Corporation (DTCC) to shorten...
By developing a global standard for collecting customer information from financial institutions and exchanging that information between governmental taxing authorities worldwide, the Organisation for Economic Co-operation and Development (OECD) has taken an important step to enhance...
ICI Defined Contribution Plan Recordkeeper Data Show Continued Commitment to Retirement Saving Washington, DC, February 6, 2014 - Americans’ commitment to saving for retirement remained strong in the first three quarters of 2013, according to ICI’s latest study of retirement plan...
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...
