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Investment Company Institute Appoints Advisory Group to Consider Best Practices for Fund Directors Washington, D.C. March 22, 1999 - The Investment Company Institute today announced the formation of the Advisory Group on Best Practices for Fund Directors, comprised of independent...

ICI Urges Simplified Rules and Universal Availability for IRAs Washington DC, February 24, 1999 - The traditional IRA and the new Roth IRA have encouraged many Americans to save for retirement. Both programs could be made more effective with simplified rules and universal availability...

ICI Issues Statement on SEC’s Fund Governance Roundtable Washington, DC, February 23, 1999 - The following is a statement from Investment Company Institute President Matthew P. Fink regarding the Securities and Exchange Commission  roundtable on the role of independent investment...

Study Finds Significant Drop in Total Cost of Fund Ownership Since 1980 Washington, DC, February 16, 1999 - The total cost of investing in bond funds decreased by 25 percent between 1980 and 1997, according to a study published by the Investment Company Institute, the national...

EBRI-ICI Study Shows Workers Favor Equity Funds for 401(k) Plans Washington, DC, January 21, 1999 - American workers investing for retirement through employer-sponsored 401(k) plans favor equity funds (including pooled investments offered by banks, insurance companies, and mutual...

Study Finds One-Third Drop in Total Cost of Stock Fund Ownership Since 1980 Washington, DC, November 16, 1998 - The total cost of investing in equity mutual funds has decreased by more than one-third between 1980 and 1997, according to a new study published by the Investment Company...

Majority of Mutual Fund Shareholders Own Stock Mutual Funds that Have Lower Fees than Industry Average Washintgon, DC, September 29, 1998 - A substantial majority of investors own stock mutual funds that charge lower fees than the industry average, Investment Company Institute...

Year 2000 Compliance a High Priority for Mutual Fund Industry Washington, DC, September 17, 1998 - Year 2000 compliance is an extremely high priority matter for mutual fund firms and is receiving serious attention at senior management levels, Matthew P. Fink, president of the...

Americans Would Save More for Retirement with Less Confusing Rules Washington, DC, June 4, 1998 - Policymakers considering ways to help Americans save more for retirement should consider simplifying the complex rules that govern certain retirement programs. "Confusing rules make it...

Institute to Participate in First Ever National Town Meeting on Saving and Investing Washington, DC, March 31, 1998 - CNBC Business Center anchor Tyler Mathisen will host the first-ever National Town Meeting on Saving and Investing on Saturday, April 4 in Washington, DC. The two-hour...