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Americans using defined contribution (DC) plans to save for retirement stayed the course in the first three quarters of 2022 despite ongoing market volatility, the latest ICI survey data of plans covering more than 40 million participant accounts shows.

November 29, 2022—According to a new joint study from the Employee Benefit Research Institute (EBRI) and Investment Company Institute (ICI), entitled “401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2020,” at year-end 2020, 42 percent of 401(k) plan participants’...

ICI Deputy General Counsel for Markets Sarah Bessin released the following statement today after the Securities and Exchange Commission (SEC) adopted rule amendments on proxy voting disclosure

Investment Company Institute (ICI) President and CEO Eric Pan released the following statement today after the Securities and Exchange Commission (SEC) proposed rule amendments around swing pricing:

According to new research published today, 68.6 million, or 52.3 percent of, households in the United States owned mutual funds in 2022.

Washington, DC; October 31, 2022—Average ongoing charges for UCITS in the European Union continued to fall in 2021, the latest ICI research shows. Ongoing charges are indirectly paid from fund assets and cover a range of services, including portfolio management, compliance costs, and...

Investment Company Institute (ICI) President and CEO Eric Pan released the following statement today after the Securities and Exchange Commission (SEC) adopted rule amendments around shareholder reports.

The Board of Governors of the Investment Company Institute (ICI) announced today that Yie-Hsin Hung, President and Chief Executive Officer-designate of State Street Global Advisors (SSGA), has been re-elected to serve as ICI Chair.

The Governing Council of the Independent Directors Council (IDC) has elected Cynthia R. Plouché as Chair of its Governing Council for the 2022-2023 fiscal year.

Employer contributions play a significant role in 401(k) plans, according to an updated study on large 401(k) plans from BrightScope and the Investment Company Institute (ICI). The study, The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2019, found...