Media Advisory: Reporting on Money Market Mutual Funds In recent months, press accounts have erroneously described certain investment pools or cash-management vehicles—such as the Florida Local Government Pool—as “money market funds,” “like money market funds,” and “essentially money...
ICI Welcomes Labor Department’s Proposal on Retirement Plan Disclosure Washington, DC, December 13, 2007 - The Investment Company Institute today issued a statement welcoming the Department of Labor’s proposed rule that would require service providers to disclose to fiduciaries of 401...
Retirement Assets Reach $17.4 Trillion in Second Quarter IRAs and Defined Contribution Plans Are Fastest Growing Components Washington, DC, December 13, 2007 - Americans’ retirement savings grew in the second quarter of 2007 to $17.4 trillion, accounting for nearly 40 percent of all...
401(k) Participation Is Vital for Retirement Security GAO Report Highlights Need to Make Plans Accessible Washington, DC, December 11, 2007 – The Investment Company Institute issued the following statement on the release of the Government Accountability Office’s report, Low Defined...
Remarks at the 2007 Securities Law Developments Conference by Karrie McMillan General Counsel, Investment Company Institute December 6, 2007 Washington, DC Good morning and welcome to ICI's 20th annual Securities Law Developments Conference, sponsored by the ICI Education Foundation...
Remarks at XBRL International Conference Karrie McMillan General Counsel, Investment Company Institute December 4, 2007 Vancouver, British Columbia Thank you for the introduction and good morning to you all. I’m truly pleased to be here and to be able to share with you my perspective...
ICI Supports Labor Department’s Reform of Retirement Plan Disclosure Washington, DC, November 27, 2007 - The Investment Company Institute today issued a statement supporting the Department of Labor’s rule changes to improve the disclosures that benefit plans, including retirement...
Department of Labor Releases Revisions to Benefit Plan Disclosure Form Washington, DC, November 26, 2007 - The U.S. Department of Labor has released final revisions to Form 5500, a document used by employee benefit plans to file the annual report required by ERISA and the Internal...
ICI Applauds SEC Proposal to Simplify and Strengthen Mutual Fund Disclosure Washington, DC, November 15, 2007 - Investment Company Institute President Paul Schott Stevens today issued the following statement applauding the Securities and Exchange Commission’s landmark proposal to...
