News Release Content

ICI Hires Ianthe Zabel to Head Media Relations Washington, DC, December 8, 2008 - The Investment Company Institute is pleased to announce that Ianthe Zabel today joined the Institute as Senior Director, Media Relations, responsible for all media and public relations. Zabel comes to...

ICI Commends SEC Approval of Credit-Rating Agency Rules Investors Will Benefit by Improved Disclosure, Transparency Washington, DC, December 3, 2008 - The Investment Company Institute commends the U.S. Securities and Exchange Commission’s adoption of final rules today to increase the...

ICI Applauds SEC Action on Summary Prospectus For Funds Streamlined Disclosure Will Better Inform Investors Washington, DC, November 19, 2008 - Investment Company Institute President and Chief Executive Officer Paul Schott Stevens today issued the following statement applauding the...

ICI Establishes Money Market Working Group Senior Executives Will Recommend Improvements in Practices, Regulation, and Law Washington, DC, November 4, 2008 - The Investment Company Institute today announced the formation of a panel of fund industry leaders with a broad mandate to...

ICI Commends Fed Move to Ease Credit Washington, DC, October 21, 2008 - ICI President and CEO Paul Schott Stevens today released the following statement in response to the Federal Reserve's announcement of creation of the Money Market Investor Funding Facility, a new facility to...

Retirees Make Prudent Decisions with 401(k) Assets Few Spend Funds Immediately; Most Roll Over to IRAs; Many Rely on Advisers Washington, DC, October 21, 2008 - Retirees do not spend their defined contribution (DC) balances immediately at retirement, but instead make thoughtful...

SCOFIELD BECOMES CHAIRMAN OF INDEPENDENT DIRECTORS COUNCIL WASHINGTON, DC, OCTOBER 3, 2008 - The Governing Council of the Independent Directors Council (IDC) has elected Michael S. Scofield, independent chair of Evergreen Funds, as its new chairman. He succeeds Robert W. Uek...

ICI Applauds Congressional Passage of Economic Stabilization Legislation Washington, DC, October 3, 2008 - Investment Company Institute President and Chief Executive Officer Paul Schott Stevens today issued the following statement: “We applaud the timely passage by Congress of the...

ICI Study Examines Who Gets Retirement Plans At Small Firms or Large, Coverage Related to Workers’ Ages and Earnings Washington, DC, October 3, 2008 - Most workers who are likely to have the ability to save and to be focused primarily on saving for retirement have access to an...

ICI Re-Elects John Murphy Chairman Five New Governors Selected Washington, DC, October 3, 2008 – The Investment Company Institute’s Board of Governors today re-elected John V. Murphy for an additional one-year term as Chairman of the Institute. The board also ratified Martin L...