The following ICI Viewpoints is a letter to the editor by Paul Schott Stevens, president and CEO of the Investment Company Institute, in response to an editorial published on March 8, 2017, in the Los Angeles Times.
Senate Must Scrap Obama's Unsound Retirement Rule Exemption By Paul Schott Stevens (As published on TheHill.com, March 22, 2017) The current Congress has great opportunities to strengthen our retirement system by expanding access to workplace retirement plans. First, however, it has...
DOL’s Delay of Fiduciary Rule Justified to Avoid Costs, Disruptions for Retirement Savers ICI Urges Longer Delay to Permit Reassessment of Rule Washington, DC, March 17, 2017—The Department of Labor (DOL) should delay the applicability date of its final fiduciary rule for at least 60...
Navigating a New Environment General Counsel’s Address: 2017 Mutual Funds and Investment Management Conference David W. Blass General Counsel Investment Company Institute Palm Desert, CA March 13, 2017 As prepared for delivery. Good morning, everyone. Welcome, and thank you all for...
Congress Must Restore Protections for State-Run Retirement Plans By Paul Schott Stevens (As published in Morning Consult, March 7, 2017) Unless Congress acts, millions of private-sector workers could lose vital consumer protections if they are automatically enrolled in questionable...
ICI, ICIEF Support “America Saves Week” Campaign to Promote Financial Literacy and Planning Washington, DC, February 27, 2017—The Investment Company Institute and the ICI Education Foundation (ICIEF) today heralded the launch of the “ America Saves Week 2017” campaign, which...
Gathering and analyzing data about how shareholders purchase and use mutual funds are critical to ICI’s work to facilitate sound, well-informed public policies affecting funds, their investors, and the retirement markets.
ICI Defined Contribution Plan Recordkeeper Data Show Continued Commitment to Retirement Saving Washington, DC, February 22, 2017—Americans continued to save for retirement through defined contribution (DC) plans during the first three quarters of last year, according to ICI’s “...
