Jones v. Harris Informed Supreme Court On Directors’ Crucial Role Washington, DC, November 2, 2009 - Michael S. Scofield, independent director of Evergreen Funds and chairman of the Independent Directors Council, issued the following statement regarding oral arguments in the U.S...
Jones v. Harris Informed Supreme Court On Directors’ Crucial Role Washington, DC, November 2, 2009 - Michael S. Scofield, independent director of Evergreen Funds and chairman of the Independent Directors Council, issued the following statement regarding oral arguments in the U.S...
U.S. Retirement Assets Rose $1.0 Trillion in the Second Quarter Americans’ Retirement Assets Reached $14.4 Trillion Washington, DC, October 28, 2009 - Americans held $14.4 trillion in retirement assets at the end of the second quarter of 2009, accounting for 34 percent of all...
Opinion - Channel Anger at Wall St. Pay, Not Fund Fees By Paul Schott Stevens (as published in Investor's Business Daily on October 28, 2009) Americans are outraged over bloated executive pay — and rightly so. When a Richard Fuld (Lehman Bros.), Stanley O'Neal (Merrill Lynch) or Chuck...
Jones v. Harris: Standing Up for Directors by Michael Scofield (as published in BoardIQ on October 27, 2009) Guest Columnist: Michael S. Scofield is independent chairman of Evergreen Funds and chairman of the Independent Directors Council. A funny thing happened on the way to the...
401(k) Study Shows Consistent Participation Account Activity in First Half of 2009 Remains Steady; Similar to 2008 Washington, DC, October 21, 2009 - Americans continued to save for retirement in their 401(k) and other defined contribution (DC) retirement plans through the stock...
401(k) Balances Fell in 2008 Bear Market Despite Losses, Ongoing Contributions Pay Off in 5-Year Account Growth Washington, DC, October 6, 2009 - American workers who held 401(k) accounts consistently from 2003 through 2008 suffered a 24.3 percent average drop in their account balance...
ICI Elects Edward Bernard Chairman New Members Elected to Board of Investment Company Institute Washington, DC, October 2, 2009 - The Investment Company Institute’s Board of Governors has elected Edward C. Bernard to serve as Chairman of the Institute for a one-year term. In addition...
New Members Named to Independent Directors Council Governing Body Washington, DC, October 2, 2009 - The Governing Council of the Independent Directors Council (IDC) recently elected four new members to each serve two-year terms. IDC serves the fund independent director community by...
Fund Boards Follow Strong Governance Practices to Best Serve Shareholders Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, September 30, 2009 - Mutual fund governance practices continue to evolve to the benefit of funds and their...
