The Independent Directors Council (IDC) just wrapped up another year of vigorous support for the fund director community—educating directors, bringing them together to share ideas and experiences, and advocating on their behalf in policy debates. This brief post, adapted from IDC’s...
ICI Survey Finds Strategic IRA Use by Retirement Savers Washington, DC, January 12, 2017—Individual retirement accounts (IRAs) are an integral part of America’s retirement savings system and savers are using them strategically to help meet their retirement goals, according to new...
ICI Responds to Financial Stability Board Report Washington, DC, January 12, 2017— Investment Company Institute President and CEO Paul Schott Stevens today issued the following statement in response to the report by the Financial Stability Board (FSB), Policy Recommendations to...
The following ICI Viewpoints is a letter to the Wall Street Journal by Paul Schott Stevens, president and CEO of the Investment Company Institute, in response to an article published on January 3, 2017. Dear Editor: It may be, as you report, that “401(k) Pioneers Lament What They...
ICI Statement on President-Elect Trump’s Intent to Nominate Jay Clayton to SEC Chair Washington, DC, January 4, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement on President-Elect Donald Trump’s intent to nominate Jay...
Letter to the Editor, Financial Times: ETFs Are Convenient, Safe and Cheap Already (As published in the Financial Times, December 22, 2016) Sir: The FT says exchange traded funds (ETFs) should strive to offer convenience, security, and low costs (“ Monitor ETFs to stay simple, safe...
Most Employers Make Contributions to Their 401(k) Plans, In-Depth BrightScope/ICI Study Finds Extensive Plan Data Reveal Key Design Features and Trends Washington, DC, December 20, 2016—A new in-depth study of 401(k) plans by BrightScope and the Investment Company Institute (ICI)...
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 op-ed published on December 7, 2016, in the New York Times, “A Monopoly Donald Trump Can Pop.” Millions of Americans could lose the...
Private-Sector Retirement Plan Income Has Become More Prevalent, Not Less ICI Study Examines Trends in Retiree Income Since 1974 Washington, DC, December 14, 2016—Retirees across all income groups are collecting more in retirement income now from employer-sponsored retirement plans...
Long-term interest rates in the United States have been on the rise since summer 2016—slowly creeping up from July through October, and then jumping after the presidential election. Thus far, the response from bond mutual fund investors has been subdued. Nevertheless, various...
