ICI Global and ICI Disappointed with EU Proposal for Money Market Fund Regulation London, 4 September 2013 - Today, ICI Global Managing Director Dan Waters and ICI General Counsel Karrie McMillan made the following statement about the European Commission’s proposal for the regulation...
“Let the Old People Live Good Lives”: Meeting the Global Retirement Challenge By Paul Schott Stevens (As published in Investment and Pensions Europe, September 2013) Long ago, the Chinese philosopher Confucius wrote: “Let the old people live good lives, let those in working age...
ICI issued the following statement about the Commodity Futures Trading Commission’s (CFTC) adoption of harmonization rules related to Rule 4.5, which governs registration of commodity pool operators.
The Great Rotation: Are We There Yet? By Brian Reid (as published in NBR’s Voices on August 9, 2013) The following special commentary was written by Brian Reid, chief economist at Investment Company Institute. Though there has been a lot of anticipation of a “great rotation”—an...
Comment: 401(k) Is Effective Component of Retirement System Helaine Olen’s many claims ignore the facts and the research on the American retirement system. The 401(k) is an effective component of an overall retirement system that has successfully provided adequate retirement resources...
ICI Applauds Senate Confirmation of SEC Commissioners Kara Stein and Michael Piwowar Thanks Elisse Walter and Troy Paredes for Their Service Washington, DC, August 1, 2013 - ICI President and CEO Paul Schott Stevens today issued the following statement after the U.S. Senate confirmed...
ICI Retirement Recordkeeper Data Show Americans’ Continued Commitment to Saving Washington, DC, July 31, 2013 - ICI’s latest study of retirement plan savers’ actions, based on defined contribution (DC) plan recordkeeper data covering about 24 million DC plan participant accounts...
Key Points to Remember on Fund Fees By Sean Collins and Bob Grohowski (as published in Money Management Executive on July 22, 2013) Over the past two decades, investors have paid less and less to own shares of mutual funds. That's because investors demand low-cost funds, and because...
ICI president and CEO Paul Schott Stevens recently sent the following letter to the New York Times: Every mutual fund or other registered investment company is required by law to cast votes on proxy proposals in the interests of the fund and its investors. Generally, funds interpret...
