403(b) Plans Offer Diverse Investment Opportunities New BrightScope/ICI Research Examines Makeup of 403(b) Plan Designs Washington, DC, May 23, 2016 - More than 90 percent of 403(b) retirement plans offered by private-sector employers are now using a variety of plan features designed...
The U.S. Securities and Exchange Commission (SEC) is contemplating several new initiatives governing registered funds, in addition to adopting rules this year on reporting modernization, liquidity management, and the use of derivatives, SEC Chair Mary Jo White announced at the opening...
This ICI Viewpoints is adapted from ICI President and CEO Paul Schott Stevens’s introduction for SEC Chair Mary Jo White at the 2016 ICI General Membership Meeting on May 20. More than 80 years have passed since Congress—looking to restore public confidence in markets at the height of...
Our world’s greatest innovations, according to Walter Isaacson, can be traced to “people who truly have a sense of what it is to be human…but also feel very comfortable with science and technology, and can make the connection.” And he’s got the evidence to back this belief up.
Chairman’s Address 58th Annual General Membership Meeting F. William McNabb III Chairman and CEO The Vanguard Group May 18, 2016 Washington Hilton Washington, DC As prepared for delivery. Thank you, Tom, and good afternoon, everyone. It’s wonderful to be with you today. I had the...
Welcoming Remarks 58th Annual General Membership Meeting Tom Faust GMM Chair Chairman and CEO, Eaton Vance Corp. May 18, 2016 Washington Hilton Washington, DC As prepared for delivery. Good afternoon and welcome! I’m Tom Faust, Chairman and CEO of Eaton Vance. As chair of the 2016 ICI...
Businesses and people can both prosper if they focus on providing a service that is unique and that has real value, said Michael R. Bloomberg at ICI’s 58th Annual General Membership Meeting (GMM) today. The noted entrepreneur, philanthropist, and three-term mayor of New York City...
Welcome and Opening Remarks Assessing the New DOL Fiduciary Rule: Policy and Practical Challenges Paul Schott Stevens President and CEO Investment Company Institute May 10, 2016 Washington, DC As prepared for delivery. Good morning. I’m Paul Stevens, and it is my pleasure to welcome...
New Hires Continue to Favor Target Date Funds for 401(k)s Equities Remain Dominant Investment Choice for Plan Participants Washington, DC, April 28, 2016—Interest in target date and other types of balanced funds remained strong through 2014, with younger plan participants more likely...
ICI Urges Congress to Reject DOL Fiduciary Rule Lawmakers Should Advance Bipartisan Bills to Set a Best Interest Standard in Law Washington, DC, April 26, 2016 -ICI President and CEO Paul Schott Stevens today urged Congress to pass H.J. Res. 88, a resolution disapproving of the final...
