May 10, 2024—As ICI celebrates the 100th anniversary of the mutual fund, we’re all celebrating 100 years of innovation across the regulated funds industry—innovation that has enriched everyday investors.
April 23, 2024—ICI President and CEO Eric Pan released a statement after the Department of Labor (DOL) released the final rule to amend the regulatory definition of “investment advice fiduciary” under the Employee Retirement Income Security Act (ERISA).
From paying bills to ordering pizza, most people reach for an electronic device when they need information or want to make a transaction. Very few people use a telephone book. We check email much more frequently than the mailbox. And chances are, you aren’t reading a paper copy of...
Mutual funds and other registered investment funds direct trillions of dollars to their highest use, with investments that help turn breakthrough ideas into commercial successes and make thriving companies even better. In doing so, these funds play a crucial role in America’s economic...
Employers’ commitment to their 403(b) plan participants is evident in the report “The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at ERISA 403(b) Plans, 2020,” released today by ISS Market Intelligence (MI) and the Investment Company Institute (ICI). Analyzing plan...
April 12, 2024—When it comes to their investments, Americans enjoy more information, choice, and access to advice than ever before. And the costs of investing have plunged over recent decades, further empowering millions of Americans to achieve a secure retirement.
The European T+1 Industry Task Force welcomes the recent publication of a report by the Chair of the UK Accelerated Settlement Task Force, and in particular the statement that the “UK and other European jurisdictions should continue to explore opportunities for close collaboration."
April 9, 2024—Michael Pedroni, Head of ICI Global, released a statement on the United Kingdom (UK) government’s report to shorten the settlement cycle.
March 25, 2024—Set against the backdrop of continued regulatory and legislative uncertainty, the 2024 Investment Management Conference (IMC) offered compliance professionals and other industry leaders the insights they need to navigate the ever-changing set of rules that govern asset...
March 21, 2024—The latest research from the Investment Company Institute (ICI) shows that the average expense ratio for equity mutual funds declined for the fourteenth straight year in 2023, while the average expense ratio for bond mutual funds remained unchanged from its level in...
