Following up on our November comment letter to the Securities Exchange Commission, ICI conducted and submitted our own cost-benefit analysis of the SEC’s proposal to replace Rule 12b-1.
Americans are accumulating significant resources in individual retirement accounts (IRAs) largely through rollovers from employer-sponsored retirement plans, according to an ICI report published today.
IRA Ownership Steady, Rollovers Fuel IRA Asset Growth IRA Assets Are a Significant Component of U.S. Retirement Wealth Washington, DC, December 1, 2010 - Americans are accumulating significant resources in individual retirement accounts (IRAs) largely through rollovers from employer...
In London today, at a hearing room of the House of Commons, I addressed The Henry Jackson Society, a nonpartisan think tank focused on human rights, constitutional democracy, and institutional reform.
The Global Challenge of Retirement Security Speech to the Henry Jackson Society Paul Schott Stevens President and CEO Investment Company Institute Palace of Westminster London, England, UK November 29, 2010 As Prepared for Delivery Thank you for that introduction, and thank you to the...
The average 401(k) retirement account rose 31.9 percent in 2009, according to a report released today by the Employee Benefit Research Institute (EBRI) and the ICI analyzing a group of consistent participants.
Average 401(k) Account Balance Among Consistent Participants Rose Nearly 32 Percent in 2009 Loan Activity Also Increased in 2009 Washington, DC, November 22, 2010 - The average 401(k) retirement account rose 31.9 percent in 2009, according to a report released today by the Employee...
Data in a new ICI study show that across all income groups, private-sector retirement income is more prevalent among retirees today than in the mid-1970s.
Private-Sector Retirement Plans Play Increasingly Important Role Across All Incomes Study Examines Evolution of Retirement Income Since 1974 ERISA Washington, DC, November 18, 2010 - Across all income groups, retirement income from employer-sponsored retirement plans is more prevalent...
The Institute filed a comment letter today with the Securities and Exchange Commission on its proposals to improve disclosure for asset-backed securities. Our view broadly is that the proposals will help mutual funds assess risks.
