Imagine finding out that your investment account has been turned over to your state because it was considered "abandoned." Imagine, too, that after the account was turned over to the state, the account received a capital gains distribution. As a result, you are liable for paying the...
The following ICI Viewpoints is a letter to the New York Times by Amy B. R. Lancellotta, managing director of the Independent Directors Council, in response to an article published on December 30, 2017.
ICI Promotes Shelly Antoniewicz to Senior Director of Industry and Financial Analysis Washington, DC, January 4, 2018—The Investment Company Institute (ICI) announced today that Senior Economist Rochelle “Shelly” Antoniewicz has been promoted to senior director of industry and...
The Washington Post’s latest article on the future of retirement security (“‘I Hope I Can Quit Working in a Few Years’: A Preview of the US Without Pensions,” December 23) is not a preview but a retrospective look at some of the challenges that workers face in defined benefit (DB)...
ICI Applauds Confirmation of Preston Rutledge as Assistant Secretary of Labor for EBSA Washington, DC, December 22, 2017— ICI President and CEO Paul Schott Stevens today issued the following statement after the US Senate confirmed Preston Rutledge as Assistant Secretary of Labor for...
ICI Applauds Senate Confirmation of SEC Commissioners Hester Peirce and Robert Jackson Washington, DC, December 22, 2017— ICI President and CEO Paul Schott Stevens today issued the following statement after the US Senate confirmed Hester Peirce and Robert J. Jackson Jr. as members of...
ICI Statement on Passage of the Tax Cuts and Jobs Act of 2017 Institute Applauds Preservation of Retirement Savings Provisions in Final Bill Washington, DC, December 20, 2017— Investment Company Institute President and CEO Paul Schott Stevens issued the following statement on passage...
Individual retirement account (IRA) owners are good stewards of their money. They take a thoughtful approach to preparing for retirement by taking advantage of the dual role of IRAs and by researching important investment decisions, according to recent research from ICI. These are...
ICI Hires Sailesh K. Jha as Senior Economist Focusing on International Issues Washington, DC, December 18, 2017—The Investment Company Institute has named Sailesh K. Jha as a senior economist. Jha is an experienced international economist who most recently served as chief Asia...
ICI Names Jennifer S. Choi Chief Counsel, ICI Global Washington, DC, 11 December 2017—The Investment Company Institute has named Jennifer S. Choi as chief counsel of ICI Global. ICI Global is the program through which the Investment Company Institute (ICI) conducts its international...
