Most people are aware that Social Security provides spousal benefits for husbands and wives who don’t have earnings. But there is another way for a non-working spouse to save for retirement: through a spousal individual retirement account (IRA). Now is the perfect time to contemplate...
Earlier this week, ICI's Industry Operations Department surveyed members of the Institute's Technology Committee to better understand the measures being taken by ICI members to protect their employees and maintain business continuity in the face of the new coronavirus outbreak.
The SEC can save millions of dollars for registered fund shareholders, while maintaining investor protections, by reforming the fund proxy system. The system, which funds use to solicit votes from their shareholders, poses significant challenges and costs to funds and their investors...
Americans Continue to Value Defined Contribution Plan Structure and Features Washington, DC; January 28, 2020—The majority of Americans are confident that 401(k)s and other defined contribution (DC) retirement accounts can help people meet their retirement goals, according to a new...
ICI Mourns the Passing of Former Chairman John F. “Jack” Cogan Jr. Washington, DC; January 28, 2020—Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following statement on the death of John F. “Jack” Cogan Jr., former chairman of the Institute...
ICI’s Paul Schott Stevens to Retire at the End of 2020 Led Fund Industry Trade Group Through Unprecedented Growth and Regulatory Change, Including Expansion of ICI’s Global Advocacy; Board Will Conduct Search for Successor Washington, DC; January 28, 2020—Investment Company Institute...
Two of the most common investments are stocks and bonds. Chances are if you own a portfolio of investments, those two types of assets make up a significant part—or perhaps all—of it. For those who want to start investing, it’s essential to understand these common portfolio building...
Proxy System for Funds Is Costly and Inefficient, New Report Shows Reforms Are Necessary to Improve System for Funds and Their Investors Washington, DC; December 23, 2019—The Securities and Exchange Commission (SEC) could save millions of dollars for registered fund shareholders...
ICI Defined Contribution Plan Recordkeeper Data Show Ongoing Commitment to Retirement Saving Washington, DC; December 19, 2019—Americans continued to save for retirement through defined contribution (DC) plans over the first half of this year, according to ICI’s “ Defined Contribution...
