Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $11.0 trillion at year-end 2019. As part of an ongoing effort to shed light on important insights into IRA investing, ICI is updating its analysis of expense...
In the ICI Education Foundation’s Investing Road Trip exhibit, a toll booth illustrates the fees and expenses that are part of investing. Every vehicle on a toll road pays and some of that money helps to maintain the road, which ultimately makes for a smoother and safer trip for...
Equity and Hybrid Mutual Fund Expense Ratios in 401(k) Plans Continued Downward Trend in 2019 Washington, DC; July 27, 2020—The cost of investing in equity and hybrid mutual funds through 401(k) plans fell again in 2019, according to “ The Economics of Providing 401(k) Plans: Services...
ICI Praises Introduction of Bipartisan Bill to Help US Mutual Funds Compete Internationally Washington, DC; July 27, 2020—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after US Representatives Danny Davis (D-IL), Kenny Marchant...
Institute and its members seek to promote greater public understanding of ESG investing and encourage the use of consistent terminology Washington, DC; July 23, 2020—The Board of Governors of the Investment Company Institute (ICI) unanimously endorsed Funds’ Use of ESG Integration and...
On June 1, the fund industry achieved a milestone for global cooperation. In an industry-led agreement, fund distributors and fund managers of Undertakings for the Collective Investment in Transferable Securities (UCITS) and alternative investment funds (AIFs) joined together to issue...
IDC Commends SEC’s Fair Valuation Framework and Recommends Modifications to Prescriptive Elements Washington, DC; July 16, 2020—The fair valuation proposal issued by the Securities and Exchange Commission (SEC) provides welcome clarity on the oversight role of fund directors, said the...
ICI: SEC’s Fair Value Proposal Improves and Modernizes Current Regulatory Framework Modifications Needed to Reflect Funds’ Practices Washington, DC; July 16, 2020—The proposed fair value rule from the Securities and Exchange Commission (SEC) replaces a patchwork of guidance and...
ICI Welcomes Labor Department’s Fiduciary Proposal Washington, DC; June 30, 2020—Investment Company Institute President and CEO Paul Schott Stevens issued the following statement after the Department of Labor (DOL) released its proposed new class exemption, Improving Investment Advice...
Start saving early. You’ve heard it once, you’ve heard it a million times. There are a few reasons why that’s a good idea—to get in the habit, to manage risks to your investments and income, and to allow more time to contribute to your savings and let them grow. But the strongest case...
