Keynote Address 2020 ICI Tax and Accounting Conference (Virtual) Delivering on the Promises We Have Made to Investors Paul Schott Stevens President and CEO Investment Company Institute September 22, 2020 As prepared for delivery. Thank you, Keith [Lawson], both for that introduction...
FT Future of Asset Management Summit: Strategies for the Next Decade Closing Remarks Paul Schott Stevens President and CEO Investment Company Institute 17 September 2020 As prepared for delivery. Thank you, Colby [Smith]. And hello, everyone. I think I can safely speak for all of us...
The ICI Education Foundation’s Investing Road Trip ends at retirement, depicted with idyllic images of a park bench and a golf cart. But what if, in real life, your path doesn’t quite follow this tidy path? Even for workers who get a late start, hit some bumps, and take a few detours...
ICI Praises New Legislation to Curb Frivolous Lawsuits Against Mutual Fund Advisers Washington, DC; September 9, 2020—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after introduction of H.R. 8188, the Mutual Fund Litigation...
A majority of workers aged 26 to 64 were active participants in a workplace retirement plan in 2017, according to ICI’s most recent tabulation of tax data. But what if you don’t have access to a workplace retirement plan? You still have great options to save for retirement with...
Eighty years ago, on August 23, 1940, President Franklin Delano Roosevelt signed into law the Investment Company Act of 1940, the culmination of the New Deal’s rewrite of American financial regulation. One is hard-pressed to find any financial regulatory legislation as successful as...
Retirement Savers Maintain Commitment Despite COVID-19 Economic Downturn Recordkeeper data covering first half of 2020 show only slight increase in withdrawal activity Washington, DC; August 19, 2020—Americans continued to save for retirement through defined contribution (DC) plans...
BrightScope/ICI Data Indicate Plan Sponsors Design 401(k) Plans to Engage Participants Plan costs also have trended down over time Washington, DC; August 18, 2020—401(k) plan sponsors typically offer employer contributions, often in combination with the availability of plan loans, to...
ICI Welcomes Senate Confirmation of Crenshaw and Peirce as SEC Commissioners Washington, DC; August 7, 2020— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the US Senate confirmed Caroline Crenshaw to serve as a...
As policymakers take further steps to assist families and businesses weathering the storm, Congress can help American families get their retirement savings goals back on track by including the “Temporary Coronavirus-Related Catch-Up Contribution” proposal in the next COVID-19 relief...
