U.S. Retirement Assets Hit $17.8 Trillion in Third Quarter They Now Account for Almost 40 Percent of U.S. Household Financial Assets Washington, DC, April 25, 2008 - Americans’ retirement assets rose to a record $17.8 trillion as of Sept. 30, 2007, according to a quarterly statistical...
ICI To Celebrate 50th Annual General Membership Meeting May 7-9 JPMorgan Chase’s Jamie Dimon, Filmmaker Ken Burns, and Google’s Vint Cerf To Address Conference Washington, DC, April 14, 2008 - The mutual fund industry will gather to celebrate ICI’s 50th Annual General Membership...
ICI Commends Labor Department’s 401(k) Disclosures Proposed Rules ‘Fill a Gap’ for Employers Who Sponsor Plans, Stevens Says Washington, DC, April 1, 2008 - The Investment Company Institute commends the Department of Labor for its comprehensive approach to disclosure for 401(k) plans...
ICI President Welcomes Treasury’s Blueprint On Financial Regulation Washington, DC, March 31, 2008 - ICI President & CEO Paul Schott Stevens today issued the following statement on release of the Treasury Department's Blueprint for a Modernized Financial Regulatory Structure: “ICI...
Fund Investors Welcome SEC’s Summary Prospectus Concept ICI Survey Confirms Enthusiasm for Shorter, Clearer Disclosure Backed by Internet Washington, DC, March 17, 2008 - Fund investors agree that the Securities and Exchange Commission’s proposed Summary Prospectus is the right length...
ICI President's Remarks at the Mutual Funds and Investment Management Conference Less and More: A Better Approach for Informing Fund Investors Paul Schott Stevens President and CEO, Investment Company Institute March 17, 2008 Phoenix, Arizona Good morning and a very hearty welcome to...
ICI Strongly Supports SEC’s Summary Prospectus Concept Proposed System Could Offer Better, Simpler Disclosure for Fund Investors Washington, DC, February 28, 2008 - The Investment Company Institute today expressed strong support for the Securities and Exchange Commission's proposal to...
ICI Congratulates Vanguard's Brennan on Record of Outstanding Leadership Washington, DC, February 22, 2008 - ICI President & CEO Paul Schott Stevens today issued the following statement in praise of Vanguard Chairman and CEO John J. Brennan upon announcement of the firm's succession...
IRA Investors Plan Retirement Income Carefully Most IRA-Owning Households Guard Nest Egg, Defer Withdrawals Washington, DC, January 28, 2008 – Most owners of Individual Retirement Accounts (IRAs) have a strategy for managing their income and assets in retirement and tend to preserve...
ICI Challenges Tax Treatment of ETNs by Paul Schott Stevens (as published in Investment News, January 21, 2008) Contrary to Jeff Benjamin's assertions, mutual funds and other investment companies welcome competition based on investment prowess, shareholder service, and fees and...
