ICI Encourages Participation in “America Saves” Week Washington, DC, February 6, 2012 - The Investment Company Institute, the national association of mutual funds and other investment companies, is encouraging Americans to assess their personal savings and set a savings goal as part...
On February 2, the Department of Labor (DOL) issued final regulations concerning 401(k) disclosures. The rule requires companies that administer defined contribution plans to disclose administrative and investment costs to employers who sponsor the plans.
Europe's Bad Tax Brainstorm The EU is considering not one but two proposals for a financial-transaction tax. From the perspective of the long-term investor, the first is terrible and the second is worse. By Dan Waters (As published in the Wall Street Journal on January 29, 2012.)...
Stresses on the U.S. government budget have resulted in a reexamination of national priorities with respect to taxes and government spending. Against that backdrop, our survey of 3,000 U.S. households for our recent research report—America’s Commitment to Retirement Security: Investor...
On Capitol Hill, a hearing at the Permanent Subcommittee on Investigations (PSI) raises questions about mutual fund investors’ ability to get commodity exposure in their portfolios and suggests the Internal Revenue Service (IRS) should no longer allow this type of investment.
Study: U.S. Households Believe Current Retirement Saving Incentives Should Be Maintained ICI Surveys Show Americans Committed to Saving, Confident in 401(k) System Washington, DC, January 24, 2012 - As U.S. policymakers consider tax policy and how to resolve federal budget deficits...
ICI Education Foundation Offers Financial Awards to DC Students Participating in National Financial Education Program Washington, DC, January 23, 2012 - The Investment Company Institute Education Foundation (ICIEF) today announced it is again sponsoring an annual awards program...
One benefit of exchange-traded funds (ETFs) is that they give investors access to a range of strategies and indexes, with the flexibility of transacting throughout the trading day at prices that typically approximate the value of the fund’s underlying portfolio. To see how ETFs...
