News Release Content

ICI Credits FSB’s Focus on Asset Management Activities and Delegation to Securities Regulators FSB Work Requires More Rigor and Transparency Washington, DC, September 21, 2016—Recent work in asset management from the Financial Stability Board (FSB) properly focuses on activities...

EBRI/ICI Study Reveals Accumulation Potential of 401(k)s by Looking at Consistent Participants’ Balances Washington, DC, September 8, 2016—The average 401(k) plan account balance of workers who participated consistently in one 401(k) plan increased significantly over the four-year...

On 401(k) Day, ICI Education Foundation Highlights How to Get the Most from Your Retirement Plan Americans Have Saved $4.8 Trillion in 401(k) Plans Washington, DC, September 8, 2016—The Investment Company Institute Education Foundation (ICIEF) is celebrating National 401(k) Day this...

ICI Responds to DOL’s Final Rule on State-Run Retirement Programs Washington, DC, August 25, 2016— ICI President and CEO Paul Schott Stevens issued the following statement today in response to the Department of Labor’s final rule providing a safe harbor from coverage under the...

ICI Recordkeeper Data Show Retirement Plan Participants’ Commitment to Saving Washington, DC, August 11, 2016 - Americans continued to save for retirement through defined contribution (DC) plans early this year, according to ICI’s latest study of retirement plan savers’ actions. The...

ICI Urges Governor Brown to Carefully Examine Legal and Economic Risks of “Secure Choice” Retirement Program If Implemented, Program Could Expose State to Lawsuits, Taxpayer Bailout Washington, DC, August 8, 2016—California Governor Jerry Brown should carefully examine the costs and...

Traditional IRA Investors Are Older, More Likely to Have Rollovers Than Roth IRA Investors Washington, DC, August 4, 2016—Two reports released today by the Investment Company Institute (ICI) provide updated data and analysis on investors in traditional and Roth individual retirement...

FSOC Lacks Evidence That Mutual Funds’ Liquidity, Redemptions Raise Financial Stability Concerns New ICI Empirical Analysis of High-Yield Bond Sector Contradicts FSOC’s Contentions Washington, DC, July 18 - The Financial Stability Oversight Council (FSOC) has not substantiated its...

ICI Reports Continued Downward Trend in Mutual Fund Fees in 401(k) Plans in 2015 Washington, DC, July 14, 2016 – The cost of investing in equity mutual funds through 401(k) plans fell again in 2015, marking a 31 percent decline since 2000, according to an annual research study that...

ICI Survey: Flawed Fee System Doubles Costs to Fund Shareholders for Broker Delivery of Fund Reports Fund Industry Urges Updating of Rules to Create Savings for Shareholders Washington, DC, July 14, 2016—New analysis conducted by the Investment Company Institute (ICI) shows that funds...