The Future of Retirement Paul Schott Stevens President and CEO, Investment Company Institute September 27, 2012 The Commonwealth Club of California San Francisco, California As prepared for delivery. Thank you, Mellody [Hobson, president of Ariel Investments], and thanks to Evelyn...
Americans Likely to Be Focused on Retirement Savings Have Access to Employer-Provided Plans Study Illustrates Link Between Savings Goals and Access to Retirement Plans Washington, DC, September 26, 2012 - Most workers who are likely to be focused on retirement savings have access to...
The Future of Retirement Is Better 401(k) Plans By Paul Schott Stevens (as published in San Francisco Chronicle on September 24, 2012) During the past 30 years, 401(k)s and other defined contribution plans have emerged as the primary tool for retirement saving for millions of...
We are disappointed to see Securities and Exchange Commission Chairman Mary L. Schapiro (“In the Money-Market for More Oversight,” Wall Street Journal, Sept. 20) recycling the same arguments already rejected by the majority of her Commission colleagues as a basis for imposing so...
Over the summer, prime money market funds marginally increased their holdings of eurozone issuers: from 12.2 percent of assets in June (chart) to 14.0 percent of assets in August. This increase was driven primarily by a rise in holdings of French assets (up to 5.1 percent from 4.3...
I submitted the following letter to the New York Times in response to a recent column on 401(k) plans: The recent article, “Should the 401(k) be Reformed or Replaced” (Business Day, September 11), asks the wrong question. 401(k) plans play a key role in helping Americans achieve a...
The Municipal Securities Rulemaking Board (MSRB) has proposed a regulation that would increase the amount of information it collects on 529 educational savings plans. ICI supports the MSRB’s goal of having the information it needs to carry out its oversight responsibilities. However...
Retirement Savings Tax Breaks Aren’t Driven Solely by Tax Brackets ICI Study Demonstrates That Low-Bracket Savers May Reap Greater Benefits Than Higher-Income Taxpayers; Age Typically Matters More Than Tax Rates Washington, DC, September 11, 2012 – Individuals’ ages are typically more...
Derivatives—which include instruments such as options, futures, and swaps—are important portfolio management tools for funds worldwide, providing options and flexibility to fund managers as they carry out investment strategies and manage risks.
