News Release Content

ICI Applauds House Passage of Major Retirement Legislation Washington, DC; May 23, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the US House of Representatives today passed H.R. 1994, the Setting Every Community Up...

ICI Defined Contribution Plan Recordkeeper Data Show Retirement Plan Participants Stayed the Course Through Up and Down Markets in 2018 Washington, DC; May 23, 2019—Almost all defined contribution (DC) plan participants kept contributing to their retirement savings during 2018...

ICI Global Enhances European Focus with Appointment of Anna Driggs as Director, Associate Chief Counsel in London London; 23 May 2019—The Investment Company Institute (ICI) announced that Anna Driggs has been named director and associate chief counsel, global funds policy, based in...

ICI Report: Investors Carefully Consider Fees and Expenses as well as Performance When Selecting Mutual Funds Washington, DC; May 15, 2019—The overwhelming majority of mutual fund investors consider fees and expenses when selecting a fund, according to survey results released today by...

The Investment Company Institute (ICI) today offered strong support for the Financial Stability Oversight Council’s (FSOC) proposal on treatment of potential systemic risk among nonbank financial companies, in a comment letter to FSOC.

Redemption Restrictions in the SEC’s Proposed Fund of Funds Rule Would Harm Retirement Savers ICI Provides Recommendations to Streamline Regulatory Framework While Avoiding Disruption for Investors Washington, DC; May 1, 2019—A Securities and Exchange Commission (SEC) rule proposal...

ICI Education Foundation Announces Partnership with Toigo Foundation Washington, DC; April 25, 2019—The Investment Company Institute Education Foundation (ICIEF) today announced its partnership with the Robert Toigo Foundation, a leading nonprofit dedicated to promoting greater...

IDC’s Amy Lancellotta to Retire After Three Decades of Service on Behalf of Fund Shareholders and Directors Washington, DC; April 4, 2019—Amy B. R. Lancellotta, managing director of the Independent Directors Council (IDC), will retire at the end of 2019, after completing 30 years of...

ICI Commends House Ways and Means Committee on Passage of Major Retirement Legislation Washington, DC; April 2, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the House Ways and Means Committee today favorably...

Expense Ratios of Actively Managed and Index Funds Have Declined for More Than Two Decades Washington, DC; March 21, 2019—The average expense ratios of equity, hybrid, and bond mutual funds—including both actively managed and index equity and bond mutual funds—have trended downward...