News Release Content

New Comparison Across Two Generations of 401(k) Savers in Their Twenties Shows Contrast in Asset Allocations Twenty Years of Data in EBRI/ICI Database Permit Novel Analysis Washington, DC, August 3, 2017—The asset allocations of 401(k) retirement plan savers in their twenties at the...

ICI Welcomes Senate Confirmation of Christopher Giancarlo as CFTC Chairman Washington, DC, August 3, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after the US Senate confirmed J. Christopher Giancarlo as chairman of the...

ICI: Tax Data Show More Americans Participate in Retirement Plans, Upsetting Conventional Wisdom Nearly Two-Thirds of Taxpayers Participated in a Retirement Plan Directly, or Through a Spouse; Other Measures Understate Participation Washington, DC, July 26, 2017—An Investment Company...

Urges Immediate Delay and Completion of Rule Changes Within a Year Washington, DC, July 21, 2017—The Department of Labor (DOL) must immediately delay the January 1, 2018, applicability date for the remaining elements of its fiduciary rulemaking to provide needed certainty and reduce...

ICI Global Praises European Advances on Pension Savings London, 29 June, 2017— ICI Global Managing Director Dan Waters issued the following response to the European Commission’s adoption of a proposal for structuring a Pan-European Personal Pension (PEPP) product: “A well-structured...

Mutual Fund Fees in 401(k) Plans Continue Downward Trend in 2016 Washington, DC, June 15, 2017—The cost of investing in equity, hybrid, and bond mutual funds through 401(k) plans fell again in 2016, according to a research study that the Investment Company Institute (ICI) released...

ICI Applauds House Passage of the Financial CHOICE Act Urges Senate to Approve Reforms to Avoid Inappropriate, Bank-Like Regulation of Registered Funds Washington, DC, June 8, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement...

IRAs Succeed in Dual Mission as Contributory and Rollover Savings Vehicles New Data on How Investors Use a Critical Part of the US Retirement System Washington, DC, June 7, 2017—Reports released today from the Investment Company Institute (ICI) shed light on the characteristics and...

ICI Defined Contribution Plan Recordkeeper Data Show Retirement Plan Participants Continued to Save in 2016 Washington, DC, June 6, 2017—Americans continued to save for retirement through defined contribution (DC) plans in 2016 according to ICI’s “Defined Contribution Plan...

Equity, Bond, and Hybrid Mutual Funds Continue Two-Decade Trend of Declining Expense Ratios ICI Reports for First Time on Exchange-Traded Funds’ Expense Ratios Washington, DC, May 17, 2017—The average expense ratios of long-term mutual funds declined in 2016, continuing a two-decade...