News Release Content

ICI Releases Details of U.S. Retirement Market Data for 2008 Most Individual Retirement Account Assets Are Held in Traditional IRA Accounts Washington, DC, June 8, 2009 - Today ICI published its annual report on the U.S. retirement market, The U.S. Retirement Market, 2008, which...

ICI Supports Bipartisan Bill That Allows Investors to Build Retirement and Personal Savings Washington, DC, May 21, 2009 - ICI President and CEO Paul Schott Stevens issued the following statement about a recently-introduced tax bill, called the Generating Retirement Ownership Through...

ICI Statement on Introduction of Retirement Savings Package Washington, DC, April 22, 2009 - ICI President and CEO Paul Schott Stevens issued the following statement about a retirement savings legislative package introduced today, called “The Savings Recovery Act,” by U.S. House of...

ICI to Convene Annual General Membership Meeting May 6–8 Agenda Features SEC Chairman Mary Schapiro and U.S. Bancorp’s Richard Davis Washington, DC, April 16, 2009 - The mutual fund industry will gather for ICI’s Annual General Membership Meeting May 6 – 8 in Washington, D.C to...

A Number of Factors Impact Retirement Plan Fees, ICI-Deloitte Study Finds Plan Size, Contribution Rates, and Auto Enroll Associated with Lower Fees Washington, DC, April 14, 2009 - A comprehensive study of the economics of 401(k) and defined contribution retirement plans released...

The Investment Company Institute announced that its Board of Governors has received a report from the Money Market Working Group and has unanimously endorsed the Group’s recommendations concerning new regulatory and oversight standards for money market funds.

Independent Directors Council (IDC) Chairman Michael S. Scofield issued the following statement today in support of the report and recommendations of the Investment Company Institute’s Money Market Working Group:

ICI Names Co-Heads of Government Affairs Dean R. Sackett III and Donald C. Auerbach Will Oversee Association’s Government Affairs Program Washington, DC, March 12, 2009 - The Investment Company Institute (ICI) today named Dean R. Sackett III and Donald C. Auerbach as leaders of its...

ICI President Presents Proposal for Regulatory Reform Outlines Vision of Consolidated Capital Markets Regulator Washington, DC, March 10, 2009 - Investment Company Institute President and CEO Paul Schott Stevens, in testimony before the U.S. Senate Banking Committee, outlined ICI’s...

ICI 401(k) Participant Activity Study Shows 2008 Activity in Line with Historical Data Washington, DC, March 9, 2009 - Today, the Investment Company Institute (ICI) released survey data about 401(k) about participant activity that update numbers through the end of the 2008 calendar...