News Release Content

IRA-Owning Households Access IRAs Through a Full Range of Financial Services Firms Breadth of Options for Investors Speaks to IRAs’ Strength and Flexibility Washington, DC, December 4, 2017—More than one-third of US households indicated they owned individual retirement accounts (IRAs)...

ICI Names Susan M. Olson General Counsel Washington, DC, November 28, 2017—The Investment Company Institute has named Susan M. Olson as its general counsel. Since 2014, Olson has served as chief counsel of ICI Global, the Institute’s international program. She joined ICI as senior...

London, 24 November 2017— ICI Global Managing Director Dan Waters issued the following statement supporting a newly released report with recommendations designed to foster growth of the European Union’s (EU’s) corporate bond market. The report was prepared for the European Commission...

ICI Defined Contribution Plan Recordkeeper Data Show Ongoing Commitment to Retirement Saving Washington, DC, November 21, 2017—Americans continued to save for retirement through defined contribution (DC) plans during the first half of this year, according to ICI’s “Defined...

ICI Welcomes Treasury Report on FSOC SIFI Designation Process Washington, DC, November 17, 2017— ICI President and CEO Paul Schott Stevens today issued the following statement in response to the Department of the Treasury report on the Financial Stability Oversight Council (FSOC)...

ICI Applauds Introduction of the “Expanding Investment Opportunities Act” Legislation Would Help Closed-End Funds Better Realize Their Potential to Fund the US Economy Washington, DC, November 8, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the...

House GOP Tax Reform Bill Recognizes the Important Role of Tax Deferral in Retirement Savings Washington, DC, November 2, 2017— ICI President and CEO Paul Schott Stevens today issued the following statement in response to the “Tax Cuts and Jobs Act” released today by House Ways and...

ICI Welcomes Treasury Report on Asset Management Regulation Stands Ready to Help Advance Constructive Recommendations Washington, DC, October 26, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement upon the release today by the...

Fund Boards’ Strong Governance Practices Provide Safeguards for Shareholders Washington, DC, October 11, 2017—Fund boards, as a group, continue to safeguard the interests of fund shareholders by maintaining strong governance practices, the Independent Directors Council (IDC) and...

Shareholders Confident That Funds Help Them Meet Financial Goals 100 Million Shareholders Across All Generations Use Funds to Save for Retirement, Education, Homeownership, and Other Goals Washington, DC, October 11, 2017—The vast majority of American mutual fund shareholders are...