Critics of the current retirement system often claim that Americans have insufficient income in retirement and that the system’s voluntary component—employer-sponsored retirement plans and IRAs—is failing, leaving retirees too reliant on Social Security. The results of new ICI...
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...
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint supplemental comment letter on the Public Company Accounting Oversight Board's (PCAOB) proposed amendments to the auditing standards related to a company's noncompliance with laws and...
